ProFinance Australia will help you to finance all of your equipment and vehicle requirements. There are a range of equipment and vehicle finance facilities on offer such as;
- Chattel mortgages
- Hire Purchase Agreements
- Finance lease
- Master Facility – line of credit
- Operating lease
- Sale and leaseback
- Novated lease
- Fleet lease
- Personal loan
We have access to Australia’s premier equipment & vehicle finance lenders, ensuring that you receive the most market competitive interest rates and terms.
Why use equipment & vehicle finance?
- Approval and settlement can be completed in a short time frame
- Funding for 100% of the purchase price, including GST
- No additional property security required
- Fixed interest rate and repayments for the term of the loan
- Typically the loan term is for periods up to 5 years to match the life of the equipment
- Monthly repayments can be reduced by including a lump sum Balloon (residual) payment at the end of the term
- Monthly payments can be tailored to seasonal cash flow (e.g. agribusiness)
- Import Letters of credit can be arranged in conjunction with the equipment finance to facilitate overseas purchases.
We will liaise with your Accountant to ensure that the appropriate loan product and facility structure is used to optimise your tax requirements.
Examples of items that can be financed (to name a few):
- Motor vehicles
- Earthmoving equipment
- Engineering equipment
- Industrial machinery
- Farm machinery
- Medical equipment
- Office and showroom fitout