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Rental (Operating Lease)

Suitable for equipment where ownership is ultimately not the prime objective - such as Computer and IT Equipment, Office equipment/Copiers, Telephone systems and more. Rather than purchase specific assets that ultimately have a short useful life and depreciate quickly - the Rental product will allow you to fully 'write-off' or expense the cost of the asset over its life. This will allow you to continually upgrade and refresh your technology as required.

Features:
+  Rental payments are a 100% tax deductible 'operating cost'
+  Not classed as a 'loan' or 'debt' but rather 'off-balance sheet'
+  Include into the 'finance' other costs such as maintenance
+  Complete flexibility with the ability to change equipment during the rental
+  Covers 100% of the equipment cost
+  GST is recovered throughout the rental period

Benefits:
+  Continually keep up to date with technology through upgrades/add-on
+  The tax benefits make Rental a very cost effective method of acquiring equipment
+  No need to administer a complicated Depreciation Schedule with easy accounting treatment
+  Protect yourself against technology obsolescence
+  Avoid the risks of ownership such as the loss of unwanted asset 'write-off' at disposal

Finance Lease

Achieves the tax-effective benefits of Rental while allowing ownership of the assets at the end of the term. Suitable for any form of asset regardless of its useful life - such as plant & equipment, vehicles and all forms of income generating assets. A residual is paid at the end of the lease to own the equipment.

Features:
+  Finance Lease payments may be treated as 100% tax-deductible
+  An end of term 'Residual' or 'Balloon' amount is set in line with depreciation guidelines
+  Classed as a 'loan' and is deemed 'on-balance sheet'
+  GST is recovered throughout the lease period
+  Covers 100% of the equipment cost in the finance

Benefits:
+  Preserve your capital while still being able to acquire assets as you need them
+  Have the control with the asset ownership at the end of the term

Chattel Mortgage / Commercial Hire Purchase (Asset Purchase)

These are forms of traditional loans to acquire income generating assets that are core to the business. Assets financed can typically include trucks, vehicles, plant & equipment and more.

General Features:
+  Finance up to 100% of the purchase price
+  The loan is secured over the assets being financed
+  A traditional loan where the assets are Depreciated and the Interest cost is expensed
+  Ability to set a flexible end balloon as desired to reduce the monthly payments
+  Terms from 12 to 60 months and possibly longer for some assets

Specific Chattel Mortgage Features:
+  Claim the entire GST portion of the purchase in your next BAS cycle
+  Ownership takes place from the outset

Specific Commercial Hire Purchase (Asset Purchase) Features:
+  Depending on your GST reporting method - claim the GST as you go
+  Ownership takes place at the end of the agreement

Benefits:
+ Preserve capital for running your business
+ Have immediate use of assets when you require
+ Derive income from your equipment as you pay for it