Vehicle / Equipment finance – private or business usage
- Chattel mortgage – the loan is secured against the vehicle or equipment and repaid over the term of the loan. Can be structured to include a balloon payment at the end of term
- Finance lease – the lender owns the vehicle or equipment and you effectively rent this from them. At the end of the lease term a residual or balloon payment is made to acquire the asset from the lender
- Novated Lease – Employees can lease their chosen vehicle while their employer agrees to pay the rentals and other running costs directly from the employee’s salary. Potential tax benefits for the employer and employee and the vehicle maybe leased entirely for private use.
- Operating Lease – The business rents the vehicle or equipment for a fixed period of time and fixed monthly amount; there is no obligation or right to purchase the asset at the end of the term, although a lessee may make an offer to the lessor to do so
Commercial property
- Office or retail purchases
- Industrial premises
Ask us about BEX
- Call us on 0409 772 448 for more information