Suitable for all business operations or professionals to assist with the purchase of motor vehicles, plant and equipment. The goods being purchased must predominantly be used for business purposes.
Vehicles that are purchased as part of an individual’s formal salary package can also be funded (as a Novated Lease).
Vehicles (new & used), trucks, earthmoving equipment, manufacturing plant, computers and office equipment are suitable items and generally will be sufficient security for the loan.
Loans should be in excess of $15 000 and terms are up to 5 years with a residual/balloon in line with tax office guidelines.
Interest rates vary between institutions and are dependent on the type and age of equipment, term and residual required.
Funding provided against the value of your Debtor ledger to provide for business cashflow flexibility and assistance in times of growth.
Disclaimer: The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Lender Select Financial Services disclaim all and any guarantees, undertakings and warranties, expressed or implied, and shall not be liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or consequential loss or damage) arising out of or in connection with any use or reliance on the information or advice on this site. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information on this website is no substitute for credit advice. Lender Select Financial Services are authorised to arrange loans under the National Consumer Credit Protection Act 2009 (NCCP Act). We are not licensed to provide accounting, taxation or legal advice. It is important you understand your legal obligations under any loan and the financial consequences. If you have any doubts, you should obtain independent legal and financial advice before you enter any loan contract. If we arrange a loan for you to purchase or refinance real estate, you must make your own enquiries about the value of the real estate and its potential for future growth.