Commercial Hire Purchase
Find out how much you can borrow.
Find a hassle free Commercial Hire Purchase for your Business Needs
If your an ABN holder the chances are that at some time you’re going to need to borrow to purchase business equipment, trucks, or motor vehicles to help with the successful running of your business.
A Commercial Hire Purchase, Hire Purchase or Offer To Hire is a finance product where the lender purchases the goods, then hires the goods back to the customer over a contracted term. The goods are owned by the lender and the customer has full use of the goods. At the end of the loan term once the hire purchase has been repaid the customer takes ownership of the goods..
Having the right person on your side is essential in gaining a suitable Commercial Hire Purchase.
Why Use iCREDIT for your Hire Purchase?
Our strong relationships with Australia’s leading banks and vehicle financiers, coupled with national buying power and loan processing centres allows us to compare loans suitable to your business needs and cash flow. Before entering into an Hire Purchase or any Commercial Loan product it is advisable to discuss any tax implications with your accountant.
Benefits of a Commercial Hire Purchase
√ Taxation benefits through depreciation of the goods
√ Interest payable on the loan is claimable
√ GST is claimable from the asset purchase price
√ GST is claimable on any fees and charges associated with the loan
√ You can finance the total purchase price of the goods
√ Fast, Flexible Terms, Low Rates
√ Option to reduce instalments via a residual or balloon repayment
For more information regarding Operating Leasing, contact us on 1300350118 or APPLY HERE
iCREDIT provides operating leasing throughout Australia including QLD, Gold Coast, Sunshine Coast, Brisbane, NSW, Sydney, VIC, Melbourne, SA, Adelaide, WA, Perth, ACT, Canberra, NT, Darwin