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finance

What type of equipment finance do you need?

finance

Lets find out what type of equipment finance is

right for you . . .

At Materials Handling Finance Pty Ltd (MHF), we provide different kinds of equipment finance solutions.

Finance lease – The finance company purchase the asset and rent it to you for an agreed period

Commercial loan - you source and own the asset, and the finance company provides a loan secured against that asset

Hire purchase – The finance company purchases the asset and you buy it from them in installments.

And remember, depending on the type of equipment finance you’re after, monthly payments may be fully tax deductible.

So which finance option suits you best?
Finance Lease Commercial Loan Commercial Hire Purchase
What is it? The Finance Company purchases the asset at your request and rent it to you for an agreed period. You source and own the asset and the Finance Company provides a loan secured by the asset. The Finance Company purchases the asset at your request and you buy it from them in instalments.
Who owns the asset? The Finance Company does and you rent it from them. You do and the Finance Company holds it as security. The Finance Company does until the agreement has been paid when ownership is transferred to you.
What is the potential tax benefit1? The rental payments are generally tax deductible1. The interest on the finance and depreciation of the asset are generally both tax deductible1. The interest on the finance and depreciation of the asset are generally both tax deductible1.

 

So now you know which sort of financing dynamic suits your requirements to get the capital for the equipment you need ASAP!

Call us on 1300 884 145 Nationwide or logon to mhf.com.au and lodge a quote request for us to get back to you.

Yours sincerely,

Ian Ogilvie and the team at MHF