Do you run your own business? Do you need new machinery or plant equipment to take your business to the next level? No matter what your circumstances are, QLD Money can help you get the finance you require.
One of our business finance consultants will discuss your business needs and work with a range of lenders to find the most suitable finance for you. Through our lenders we offer a range of finance options including leasing, hire purchase, and secured and unsecured loans. And we guarantee not to be beaten.
Benefit Of QLD Money Equipment Finance
- Flexible equipment finance terms from 2-7 years
- Fixed or variable interest rates available
- Optional deposit (depending on the loan selected)
- Possibility to cover out-of-pocket expenses such as insurance and warranties
- Possible tax deductions for depreciation and running costs
- A balloon repayment can be used to lower repayments
As with any major business decision, there are a number of factors that need to be considered before signing up for Equipment Finance. Our business finance consultants will help you work through these considerations but it is always important to carefully consider your needs and review your financial data with your accountant before finalising any loan transaction.
Purpose
Consider the primary use of the item. How do you intend to use the equipment?
- Exclusive business use
- Equipment to be used at a business
- Equipment to be used personally for your business work
Loan Type
You will need to decide which loan suits your financial situation. Which one will work best for your business financial model?
- Chattel Mortgage
- Commercial Hire Purchase
- Financial Lease
- Refinancing
Financial Situation
You will need to consider your business’ financial situation and practices so you can be sure your business has an affordable repayment schedule. We work with your Accountant, Financial Advisor or CFO to ensure the best solution also takes into account:
- Tax Deductions
- Deposit, chattel, trade-in available
- Does your business use the cash method or accrual method for accounting purposes?
