Finance Options

Below you will find an outline of the different finance options we offer.

CHP – Hire Purchase:

• Business loans for individuals or companies
• The lender holds title of the security until the loan has been paid in full
• Tax benefits include claiming depreciation, running costs and interest paid
• Option of including a deposit, trade or balloon to reduce your repayments
• May be able to claim the GST component of your purchase price

LEASE:

• Full amount of goods is financed with a residual
• Is off balance sheet
• Can claim gst on repayments

NOVATED LEASE:

• Three way agreement between lender, employer & employee
• Repayments are made pre-tax
• Full amount of goods is financed with a residual
• Upon termination of employment the responsibility is passed onto 
  the employee to make the repayments

CHATTEL MORTGAGE:

• Tax purposes incl claiming depreciation, running costs & interest paid 
  upfront (at next BAS)
• Option of including a deposit, trade or balloon to reduce your repayments
• May be able to claim back the GST component of your purchase price
• Ownership of the goods remain with you, the borrower, for the entire
  duration of the loan

PERSONAL LOAN:

• Can be secured or unsecured
• Fixed interest rates are available
• Repayments can be made monthly, fortnightly or weekly
• No deposit available