Are you needing to replace, upgrade or add vehicles to your business?
Searching and choosing the right vehicle for your business is an important and long process in itself. And then comes the finance process with the dealers and/or banks.
Avoid the dealers and let us manage the transaction directly for you.
We offer a complete, diverse and flexible range of vehicle financing services and options and Hanleigh Lodge is accredited with Australia’s leading financial institutions ensuring that we are able to offer attractive finance terms, tailored to suit your particular requirements.
Our Vehicle Financing Services & Options
A Hire Purchase arrangement (also known as Corporate Hire Purchase, Commercial Hire Purchase or Asset Purchase) is an agreement where your financier owns the equipment during the hiring period. When you pay the final instalment, ownership is automatically transferred to you.
Equity is increased with each payment and you may decide to payout the loan and purchase the goods at any time during the contract.
Monthly payments can be structured to suit your cash flow and a deposit may be paid if so desired.
A chattel mortgage is simply a loan of money where the financier takes a lien by way of Bill of Sale over an asset.
The difference between this product and Commercial Hire Purchase and Leasing is that the customer owns the equipment from day one for both common law and tax purposes.
This may benefit business customers who utilise a cash accounting system. We recommend you check with your accountant or legal advisor first.
A Finance Lease provides 100% finance for the acquisition of equipment or vehicles to be used in your business.
The term of the Lease can be matched to the expected life of the asset with fixed rates and the ability to structure payments to suit your particular cash flow requirements.
We can arrange Master Lease Agreements for you and assist with Progressive Draw downs (Escrow agreements) as required by some suppliers.
A novated Lease is an agreement between the employer, the employee and the financier of the vehicle, whereby the employer typically agrees to meet finance lease payments and vehicle running costs while the employee remains employed.
In return, the employee 'sacrifices' a portion of their salary to cover the cost of the finance. If the employee ceases employment with that employer, they retain the vehicle, but then become responsible for all future leasing and operating costs. A replacement Novation agreement may be established with a new employer.
Under these arrangements, certain benefits arise for both the employee and the employer.
By selecting a Novated Lease, the employee can chose the car of their choice whilst the employer removes the burden of listing the vehicle in its books and having to dispose of it should the employee leave.
Have you recently purchased (within the past 30 days) a vehicle or equipment for your business and now want the outlay back in you cash flow?
We can assist you with this by arranging a 'Sale & Leaseback' of the particular goods. The Finance type can be Hire Purchase, Chattel mortgage or Lease depending on your particular requirements.
'Small ticket' finance enables the financing of some equipment starting from as low $3,000.
Conditions and price vary from lender to lender. One of the more popular options we offer does not require sole traders, partnerships & private companies to provide financial statements for transactions up to $35,000*.
* Conditions Apply.
When capital expenditure is not a business advantage or equipment is quickly outdated, a Rental agreement or Operating Lease makes sense.
A Rental agreement gives you the flexibility to enhance, upgrade or add equipment during the rental period. Rental is ideal for goods that require regular upgrades.
There is the extra benefit of no residual so that you can return the equipment when the contract expires (so long as they are in good working order) or you can continue to rent the goods for a further period.
"The service provided by Graham Liddy on behalf of my clients is excellent. He grasps client’s needs immediately and is able to package a finance arrangement that perfectly suits my clients cashflow."
Frank Palermo - Accountant