Equipment Loans

Equipment Loans

Equipment Loans

Need new equipment(s) to step up your business?

Equipment finance is available in various types like Asset Lease, Commercial Hire Purchase, Equipment Rental and Chattel Mortgage.

Asset Lease: In Asset Lease, the lender/bank purchases the equipment for the customer, and in return the customer pays a fixed monthly lease rental to the lender. When the lease ends the customer can either pay residual on lease and take ownership of the equipment, or re-finance the residual and continue the lease. Want to know more? Call us at 0407 981 792 to know more.

Equipment Loans

Want to know more? Call us for a free consultation at 0407 981 792

Commercial Hire Purchase: In this the finance provider purchases the equipment for the customer and gives it to the customer for specific period. At the end of the period, the customer takes the ownership of the vehicle by paying the total price of equipment and the interest charges. During the period, the customer can only use the equipment but doesn’t owe it.

Equipment Rental: In this the finance provider purchases the equipment for the customer and gives the equipment to the customer for use on rent for a specific period. After the rental period is over, the customer returns the equipment back to the finance provider or continues the rental agreement or in some cases, the customer prefers to buy the equipment at market value. For more information – Call us at 0407 981 792 

Chattel Mortgage : In this the finance provider funds the customer in advance to purchase the equipment.  The customer takes the ownership of the equipment at the time of purchase. The finance provider then takes the mortgage over the equipment from the customer. Once the contract is completed, mortgage is removed and customer is being given the clear ownership of the equipment.

One of our friendly loan consultant will guide you throughout the whole process of equipment loan. We do things quickly and efficiently which is the key thing.