Heavy Commercial Vehicle Finance
An asset lease enables the customer to have the use of their Heavy Commercial Vehicle and the benefits of ownership, while the financier retains actual ownership of the equipment.
How does an asset lease work?
The financier purchases the Heavy Commercial Vehicle on behalf of the customer, who then pays the financier a fixed monthly lease rental for the term of the lease.
At the end of the lease the customer can either pay a residual on the lease and take ownership of the equipment, sell the equipment or re-finance the residual and continue the lease.
Earth Moving Equipment Commercial Finance
An asset lease enables the customer to have the use of their Earth Moving Equipment and the benefits of ownership, while the financier retains actual ownership of the equipment.
How does an asset lease work?
The financier purchases the Earth Moving Equipment on behalf of the customer, who then pays the financier a fixed monthly lease rental for the term of the lease.
At the end of the lease the customer can either pay a residual on the lease and take ownership of the equipment, sell the equipment or re-finance the residual and continue the lease.
Commercial Finance - Cashflow Funding
Cashflow funding provides you the ability to use your future cashflows as security to unlock additional funds to grow your business. Often used by companies with longer payment terms on invoices, there are numerous cashflow funding options available through our network you can unlock today.
How does Cashflow Funding work?
Cashflow Funding provides you a shorter term funding facility reducing the pressures on day to day operating funds. Think of Cashflow Funding as business line of credit. Using your outstanding invoices as security, financiers can provide you with a facility to draw down against these future cashflows to help grow your business today.
Commercial Chattel Mortgage
A Commercial Chattel Mortgage is a finance product where the customer takes ownership of the vehicle (chattel) at the time of purchase.
How does a Commercial Chattel Mortgage work?
Under a Commercial Chattel Mortgage the financier advances funds to the customer to purchase a vehicle, and the customer takes ownership of the vehicle (chattel) at the time of purchase. The financier then takes a "mortgage" over the vehicle as security for the loan, by registering their interest over it with the PPSR. Once the contract is completed, the security interest is removed giving the customer clear title to the vehicle.
