The lender loans funds to the customer to purchase equipment (chattels) which is for business use. The customer receives title of the goods at settlement and makes monthly repayments over the agreed term.
A commercial facility where the lender purchases goods on behalf of the customer. The customer makes monthly repayments over the agreed term and receives title at end of term.
The equipment is purchased by the lender for a fixed term. The customer then “leases” the equipment for fixed payments over the term. The residual value is paid out or rolled over by the customer at end of term.
A pre-approved limit covering various equipment classes which can be drawn on by the customer without the need for further financial analysis or credit review.
Goods are purchased by the lender and “rented” back to the customer for a fixed amount per month. No obligation to own at end of term.
Funding for consumers purchasing items for personal use. The goods are used as security for the loan and flexible structures and terms are available.
A simplified documentation system which is used to minimise ongoing signing requirements where there are multiple directors or entities in the group.
Funding options for business use where minimal to no financial information is required for approval.