A finance lease provides 100% finance to acquire vehicles for use in your business.
A finance lease is a rental agreement where the financier owns the vehicle and you then lease it for an agreed term and rental amount.
Most depreciable vehicles can be financed
Minimum finance lease amount is $10,000 over terms that can range from two to five years
Interest rate and repayments are fixed for the term of the contract
Irregular or seasonal payment schedules can be considered to suit your cashflow
Preserve your working capital with 100% financing
If you use the asset to generate income, rental payments may be tax deductible
You may be entitled to claim an input tax credit for rental and other charges that are subject to GST