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.

Features

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

Business benefits

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