Chattel Mortgage
A chattel mortgage allows you to finance equipment, machinery, or other assets by using them as collateral.
This type of financing is particularly beneficial for businesses looking to acquire essential equipment without tying up significant working capital.
You retain ownership of the asset from day one while spreading the cost over a set term. Plus, you may be eligible for tax benefits, making it a smart financial choice for your business.
Novated Lease
A Novated Lease is a salary packaging arrangement that allows you to finance a vehicle using pre-tax income, helping you save on taxes while enjoying the benefits of vehicle ownership.
The lease agreement involves you, your employer, and a finance provider. Your employer makes the lease payments directly from your salary, reducing your taxable income. At the end of the lease term, you typically have options to:
This is an excellent option for employees looking to acquire a vehicle in a tax-efficient manner while spreading the costs over manageable payments.
Fully Maintained Novated Lease
A Fully Maintained Novated Lease goes beyond standard vehicle financing by bundling all running costs into one convenient package. In addition to financing the vehicle, it covers expenses such as:
These costs are included in the lease payments made from your pre-tax income, offering additional savings, and simplifying vehicle management. At the end of the lease term, you can choose to:
This option is ideal for employees seeking a worry-free and tax-effective way to manage both vehicle ownership and ongoing costs.
Finance Lease
Leasing offers a flexible and cost-effective way to access the equipment your business needs without the upfront costs associated with purchasing.
Use the equipment for a fixed period while making regular payments. At the end of the lease term, you typically have the option to renew the lease, upgrade to new equipment, or purchase the equipment at a predetermined price.
This allows you to stay up to date with the latest technology and equipment without the risk of ownership.
Operating Lease
An operating lease is a flexible and cost-effective way to access the equipment you need without the risks and costs associated with ownership.
Use the equipment for a fixed period while making regular payments.
At the end of the lease term, choose to return the equipment, renew the lease, or upgrade to new equipment. This allows you to use the latest equipment without the financial burden of ownership.
Rent-to-Own
Rent-to-own is a great option for businesses looking to acquire equipment without a large upfront investment.
Rent the equipment for a set period with the option to purchase it at the end of the term. This allows you to use the equipment immediately while spreading the cost over time.
Rent-to-own agreements are flexible and can be tailored to suit your specific needs, making it a convenient and cost-effective option for acquiring equipment.
Debtor Finance
Debtor finance is a flexible financing solution that allows you to unlock the value of your accounts receivable (unpaid invoices).
Access funds quickly by using your unpaid invoices as collateral. This can help improve your cash flow and provide you with the working capital you need to grow your business.
Debtor finance is particularly beneficial for businesses that have a high level of outstanding invoices and need to access funds quickly to support their operations.