Asset Finance
Asset financing is a type of business loan that’s secured by some sort of business asset, usually a car, truck, or machinery. A number of Australian businesses need expensive equipment or vehicles to help get the work done, and accessing finance means you can get on with the job sooner.
How long does it take? – Once you’ve made an application, our brokers could get you indicative approval from one of the lenders on our panel within 24 hours. And once you’ve given us all the documentation we need, we can make sure you’ve got the funds ready to go when you’re ready to pick up your new car, asset, or business equipment.
How is the monthly repayment calculated? – There are a few factors that influence your monthly repayment, like the amount you finance, the loan term, the balloon (the leftover loan amount) or residual value (if applicable) and the interest rate which is usually fixed for the term of the loan. You can usually choose a term that suits your business from between 12-60 months.
Can I get a finance pre-approval? – Yes. We can help you sort out the balloon amount, based on the age of the car or equipment and the term you’d like to finance over.
Can I have a balloon payment on my contract? – Yes. We can help you sort out the balloon amount, based on the age of the car or equipment and the term you’d like to finance over.
Can I pay a deposit? – Yes. If you’re using a commercial hire purchase or a chattel mortgage, you can contribute a deposit towards your new vehicle, asset or equipment purchase.
To find out more about your investment options, contact us on xxxx xxx xxx or submit an enquiry online.
Asset Finance – we can help you find the right finance for a range of asset finance and vehicle financing needs.
Business Loan – Small Business Loan -It doesn’t matter if you’re a start-up or an established company, we’re here to help you, by sourcing either secured or unsecured loans to help out with those big expenses.
Unsecured Loan – Unsecured loan An unsecured business line of credit is funding that doesn’t require you to put up any of your valuable assets as security or collateral.
Overdraft or Line Of Credit – these loans are great options if you need to access funds on a semi-regular basis.