Equipment Finance

Understanding that not everyone has the same Equipment Finance needs Mortgage Broker Brisbane, Mal Brennan Finance and Leasing offers many different options for his clients.  I understand that when the right equipment has been found that time is a very important issue. So I keep things moving as well as keeping paperwork to a minimum. With a flexible range of Equipment Finance options, you’re sure to find the right finance for your business.

With a finance lease, you can utilize new equipment for your business without any capital outlay or ownership obligation. Equipment is financed at 100% of the purchase price with repayments to suit your cash flow. The facility is structured with a residual payment and the interest rate is fixed for the term of the lease. Should the equipment be used solely for business use the repayments may be tax deductable and an input tax credit may also be tax deductable.

With an asset purchase facility the equity in your equipment increases as the term of your contract progresses so you own the equipment outright at the end of the contract. You can get 100% finance for the purchase price, pay a deposit, or trade an item using the equity as a deposit. Payments can be arranged to suit your cash flow and an option to choose a balloon payment at the end of the contract is available. The interest rate is fixed for the term of the loan, and remember, depreciation and interest may be tax deductable.

If you would like immediate ownership of your newly acquired equipment, a chattel mortgage may be just what you’re looking for. You can finance up to 100% of the purchase price and payments can be structured to suit your cash flow.  The interest rate is fixed and you can choose whether or not to have a balloon payment at the end of the contract. There is no GST on your installments and depreciation and interest may be tax deductable.

Rental Finance is a smarter way to keep up with technology and maximize investment in technology assets that rapidly depreciate. Solutions can be tailored to your business needs allowing access to a range of innovative services which embrace the entire IT asset lifecycle and helps the business manage cash flow.

For Equipment Finance, Rental finance is a competitive “off balance sheet” financing tool that provides the renter with greater flexibility and reduces the risks associated with owning equipment that is of a technological nature and is subject to obsolescence with a 3 to 4 year period. (eg. Computer hardware and software equipment)