Geared has specialised in providing some of the most innovative funding solutions for businesses in the hospitality industry including many Restaurants, Cafes, Hotels and Bars across Australia. Whether you are a new or existing business, we have the options to help.
With our own finance facilities and those of other financiers we can provide you with the most suitable solution to meet your situation.
We have the solutions and options to allow your business to obtain the Catering & Hospitality equipment that you need now. Geared provides business finance facilities directly to our own clients and through a diverse network of catering equipment suppliers.
We can suggest the most competitive and tax-effective form of finance to achieve those results. Geared provides finance facilities directly to our own clients and through a diverse network of Hospitality Equipment Suppliers.
Similar to that of a Home Mortgage, a Chattel Mortgage allows you to buy an asset, which the finance company finances on your behalf. The financier has a mortgage over the asset until you have paid it off. At the end of the term, the asset is yours and there is nothing more to pay.
Competitive leasing rates • Tax effective • Flexible end of term options
A finance lease can provide the benefits of a Rental in terms of basic treatment of the payments being made, but also provides ownership at the end with payment of the final residual amount. This is a good form of finance for longer life assets that are core to the business – e.g. plant & equipment and vehicles.
A rental is one of the simplest forms of finance where the risks of ownership aren’t generally assumed by the user. Rental allows you to treat the cost of acquiring a piece of equipment as an ongoing expense. The GST is claimed on each payment as they are made and at the end of the term, there are options that include the ability to upgrade, return the equipment or make an offer to purchase the assets.
Our team of experts have in-depth knowledge of the industry and will help you find a tailor-made finance solution designed to fit the needs of your business. Whatever your industry, let us help grow your business today!
You can make an application for finance with us that does not commit you to proceed with a facility in any way. This is a no-obligation assessment with a view of reaching a potential pre-approval that you are then free to choose to use should you wish.
“I have been working with Geared Finance for over 10 years. During this time they have helped us with our Equipment Finance needs and have been a pleasure to deal with. The Geared team is responsive, fast and so easy to deal with. THEY GO ABOVE AND BEYOND, LIAISING DIRECTLY WITH SUPPLIERS TO MAKE THE PROCESS AS SMOOTH AS POSSIBLE and have great time saving touches like electronic Privacy Act documents. As a fast growing business, it’s great to know that we can get fast approvals and settlements to help us acquire much needed equipment on an ongoing basis. I would have no hesitations in recommending Geared Asset Finance!”.
“We have been working with Geared Finance for the past 4 years and have always found their service to be attentive and prompt at all times. GEARED PROVIDES A HIGH LEVEL OF CUSTOMER SERVICE WORKING WITH US AS A CLIENT TO CREATE A BESPOKE SOLUTION THAT FITS WITH THE OPERATIONAL REQUIREMENTS OF OUR BUSINESS. I have always found Geared Finance to be professional in all their dealings and ready and willing to assist in all scenarios.”
“Geared Finance has been a great help to our business. From first being introduced to Geared from a hospitality equipment provider, we started dealing with them. GEARED NEVER CEASES TO AMAZE ME TO WHAT THEY CAN PROVIDE SUPPORT WITH, FROM NOT ONLY PLANT AND EQUIPMENT, TO SOLAR, TO SOFTWARE FINANCE AND VEHICLE FINANCE! Very competitive rates of interest, and option to chattel mortgage with balloons. Not only the turnaround time, but the professional service, advice and years of experience, Fabulous Catering is proud to be a loyal client of Geared, and for many years to come!”.
“Geared Asset Finance has over the years financed the school’s ITC equipment. As a school, we require from companies not just finance but flexibility and an understanding of a school’s financial operations, all of which we receive from Geared Asset Finance. WE HAVE NO HESITATION IN HIGHLY RECOMMENDING GEARED ASSET FINANCE FOR YOUR BUSINESS”.
“THE TEAM AT GEARED ASSET FINANCE HAVE BEEN NOTHING BUT PHENOMENAL, WHEN IT COMES TO SORTING OUT OUR BUSINESS FINANCES, FROM START TO FINISH THEY ARE ALWAYS THERE TO HELP. They have been handling all our finances for a number of years and I’m sure there will be plenty more years to come. Thank you Geared and the Team”.