A finance lease allows you to acquire the goods that you need now with the potential to receive a strong level of tax benefit coupled with end ownership of the equipment. This is a good form of finance for longer life assets that are core to the business - e.g. plant & equipment and vehicles.
A finance lease is a simplified form of finance which provides you with an easier way of administering your assets. Should the end residual be based on the ATO asset useful life guidelines, the payments may be a complete tax-deduction, simplying the need to depreciate the equipment and charge back the interest expense.*
The general features of Finance Lease*:
See the other forms of finance:
Fully flexible finance options
Whether you need a Chattel Mortgage, Finance Lease, Rental or Commercial Hire Purchase - we can provide you with all forms of finance.
We can tailor a package to suit your needs when it comes to the type of finance that you require and the terms. We will clearly explain to you the features of each type of finance and what the general benefits are. Please remember to refer to your accountant for taxation advice.Apply now
*This information is not intended to constitute taxation advice and does not take into account your financial cirucmstances. Refer to your accountant for taxation advice.