Asset finance

Understanding Asset Finance

Asset Finance is a specialized form of credit designed to support small to medium-sized enterprises, self-employed individuals, and contractors in acquiring essential equipment for their business operations. This can encompass vehicles like trucks and Utes, machinery such as forklifts, and even the complete outfitting of a warehouse.

We offer several Asset Finance options to match your unique needs:

Commercial Hire Purchase

With this arrangement, you hire the asset and make regular payments over time, eventually gaining full ownership once the final payment is made. This loan type provides flexibility, allowing you to customize payment plans, choose the loan duration, decide on a down payment, and determine the balloon payment amount. This customization is designed to help business owners manage their cash flow more effectively.

Chattel Mortgage

This popular option among businesses involves securing the loan with the asset itself, granting immediate ownership to the business. You can set the loan term, typically up to five years, and arrange repayments to suit your needs. This structure can provide cash flow relief and offers on-the-spot flexibility.

Finance Lease

In a finance lease, the lender retains ownership of the asset while you are responsible for its eventual sale or disposal at the end of the lease term. This is ideal for businesses that require equipment or high-cost assets but prefer to conserve their capital reserves.

Ready to Learn More?

We are here to understand you, your business, and your aspirations. We are committed to offering advice and guiding you toward the best financing solution for your business needs.

To get more details or to start the application process, please use our online contact form or give us a call. We will promptly get in touch to assist you further.