Finance @ Work
Cash Flow Management: It helps businesses spread out the cost of expensive equipment, preserving working capital for other needs.
Put your cash into your business where it can be better used rather than purchasing depreciating equipment. Don’t wait years for your equipment to generate you income, ensure your business has the right tools to deliver the highest levels of productivity.
Get The Up-to-Date Equipment You Need Today: Leasing options often allow businesses to upgrade equipment regularly, ensuring they have access to the latest and most productive technology.
By using finance you can acquire the equipment that your business needs, particularly where there is a limit on capital expenditure. Get the equipment that’s right for your business and pay for it over its lifespan.
Flexible Options: Businesses can choose from various finance options tailored to their specific needs and financial situation.
The finance agreement can be structured to your needs. You may choose to finance over various terms. For example, align the term of your office lease with your finance agreements. Payments may also be structured, monthly, quarterly or annually to suit your requirements.
Tax Advantages & Budgeting: Payments made under certain types of finance agreements can be tax-deductible.
Under a Rental or Operating Lease, monthly payments are 100% tax deductible (provided it is used for 100% business use). Under a Chattel Mortgage you may claim the interest payments and depreciation on the equipment as a deduction. Payments are fixed throughout the term of the agreement making it easy to budget your expenses.
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*Seek your own financial advice
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