Lease equipment and vehilces for your business

A Lease lets you choose equipment for your business without any ownership commitments. We finance 100% of the purchase price so you have no capital outlay.

You have:
·     No ownership obligations - choose goods for your business and rent them for a set period
·     Competitive fixed interest rate
·     Repayments to suit your cash flow

Feature

Description

Finance

Cane Lending arranges 100% of the finance to purchase the equipment.

Term

1 to 5 years.

Residual

This is a lump sum payment based on the value of the equipment at the end of the Lease. The value is based on Australian Taxation Guidelines and agreed when the contract was signed.

Equipment

We can arrange finance for a range of equipment for your business, from vehicles to large specialist equipment.

Progressive drawdown

This is ideal for large specialist equipment needing progressive payments. During the initial set up period rental is based on a percentage of funds being drawndown until the final drawdown payment is made. Then it converts to a standard Lease Rent Agreement. For more information, please contact your Equipment Finance specialist on 0418 912 298

GST

This product attracts GST.

Security

Security is usually taken over the equipment that is financed, so your property is free for other types of lending.

Item

Description

Establishment Fees

$215.00 (minimum, this price includes GST).

Other fees and government charges associated with each Lease will vary depending on the state you are in, the vendor of the goods being purchased, the amount of finance involved, and any Federal government charges.

Please contact your Equipment Finance Specialist on 0148 912 298 for more information

Equipment Finance products are offered by several lenders. The above information is for approved applicants only and subject to terms and conditions. For a copy of the terms and conditions please call 0418 912 298.

This is not business, financial, legal or taxation (including GST) advice. Get independent advice on how the Asset Purchase might impact your business, financial, legal or taxation position.

next steps

·                                 Ready to apply?

If you have any questions, please contact us