Asset Finance
We can provide Asset Finance for a wide range of Personal and Commercial Assets in either Full Doc or Low Doc options for the Self Employed Australian.
Asset Finance
Looking for Asset Finance to get a new motor vehicle, fleet of trucks, or the latest plant and equipment to take your business to the next level.
- Passenger vehicles.
- Leisure vehicles.
- Commercial vehicles.
- Earth-moving and construction equipment.
- Manufacturing and industrial plant and machinery.
- Printing presses and graphic technology.
- Medical equipment.
- Mining and Agriculture vehicles and equipment.
- Aircraft Finance.
Asset Finance is available in either Full Doc and Low Doc options and in clean credit or credit impaired.
Types of Asset Finance that we can help you with:
(Click on a heading for more information)
Get more car loan options. Whether you’re buying used or from a private seller or dealer, we can help secure great rates and flexible terms.
We can help you find the deals on leisure finance – finance packages designed specifically for RVs, caravans, boats, motorbikes, jet skis, camper trailers and everything recreational.
Finance Me can help you understand your credit history and the options available to finance Passenger and Light Commercials Vehicles. Small to Medium Trucks, Specialised Heavy Commercial vehicles, Buses, Backhoes, Earth moving, Excavators, Forklifts, Trailers and other Plant and Machinery Equipment, Medical, Dental X-Ray, IT Equipment, Telephones, Catering, Fitouts and Specialist Equipment.
Whether you are buying a new or used Asset from a dealer, at auction or from a friend we’ll make it quick and easy
From the latest computer equipment to procuring medical equipment, servers, redundant systems, electronics, Information Communications Technology (ICT) and other mission critical technology, we can tailor a technology financing solution for your business
Low Doc Asset Loans are available for Self Employed Applicants to purchase an asset that is used for Business purposes.
We have many options available, including for ABN’s registered from 1 day and for non GST registered applicants or for non property owners (higher rates may apply)
Whether you are buying a new or used Asset from a dealer, at auction or from a friend we’ll make it quick and easy.
- Loans from $10,000 to $150,000 with good credit
- Borrow from $10,000 up to $125,000 with Bad Credit
- Paid or Unpaid defaults OK (bad credit option)
- Can be discharged from Bankruptcy or Part 9 or 10 (bad credit option)
Complete our Express Form for a Rate Quote.
Types of Asset Finance
Asset finance is a type of finance used by businesses to get assets and equipment they need to grow. Typically it involves a regular payment for use of the asset over an agreed period of time, therefore avoiding the need to pay the full cost of the asset upfront.
The most common types of asset finance are hire purchase and leasing.
Hire Purchase
Hire Purchase allows the customer to buy the equipment on credit. In this case, the finance company purchases the asset on behalf of the customer, and owns the asset until the final instalment is paid. At that point the customer has the option to buy it for a nominal amount.
Leasing
Leasing gives the customer access to new equipment by way of renting for a contract period, without transfer of ownership. The finance company buys and owns the equipment on behalf of the customer. The customer pays a rental for the use of the equipment over a predetermined period.
There are two main types of lease: Finance Lease and Operating Lease.
Under a finance lease, the value of the asset appears on the lessee’s balance sheet and the rental payments pass through the profit and loss account. The full value of the equipment is repaid to the lessor, plus interest, over the lease period.
An operating lease, on the other hand, may be more appropriate if the customer does not need the equipment for its entire working life. Payments are made to the lessor for the use of the equipment while it is needed. As the customer only keeps the asset for a limited period, it is not shown on the lessee’s balance sheet.
Why Use Asset Finance?
Asset finance can be used to fund any asset– ranging from computers to trailer trucks and even sea craft. It is a great solution for a small business that needs equipment that is too costly to purchase outright.
If you wish to proceed, then we will help you to complete all the necessary paperwork and liaise with the lender on your behalf. This will include the completion and submission of your loan application and the on-going communication between all parties until your loan is settled.
Latest Articles on Asset Finance
Asset Finance in Growing Your Business
Take Your Company to New Heights through Asset Finance Unlocking [...]
What documents do you need for Car Finance
Be prepared with the correct documents before applying for Car [...]
Car Finance – Tips in Financing a Car?
Car Finance Tips - People are passionate about it and [...]
Three Top Tips for Finding Great Car Finance
The automotive financial service is one of the largest loan [...]
Should You Consider Commercial Hire Purchase for Your Equipment Finance Needs?
Commercial hire purchase is a standard form of equipment finance. [...]
Your Guide to Commercial Vehicle Financing
Commercial Truck and Vehicle Finance There is no doubt that [...]