Via Macquarie Leasing we are able to offer you a range of financing options designed to help your business manage its assets in the most cost effective and efficient manner.  Our focus is on providing the best value, service and support for your business.  What ever your financing needs, Macquarie Leasing has a financing option for you.

Products Comprise

• COMMERCIAL HIRE PURCHASE
• CHATTEL MORTGAGE
• FINANCE LEASE
• NOVATED LEASE

What Can You Finance? Generally any income producing plant and equipment a business may utilise can be financed.






Examples of these assets include:

• Motor Vehicles
• Commercial Vehicles
• Engineering Equipment
• Medical & Dental Equipment
• Office Equipment
• Computers
• General Business Equipment

Why Use Equipment Finance?

• With no capital outlay required, financing frees up your cash for the day to day running of your business
• Budgeting is much easier as repayments are fixed for the term of the agreement
• We can arrange one off pre approvals or a line of credit.  This gives you the security to purchase the equipment you want when you want
• As repayments are fixed for the term of the agreement you are protected against inflation
• Equipment finance allows you to pay for the equipment from the income you are generating from its use

What Option is best for your business?

COMMERCIAL HIRE PURCHASE

A Commercial Hire Purchase (CHP) Agreement is a contract to purchase equipment on a set term with a fixed rate.  Ownership of the equipment is transferred once the final payment has been made. Security is taken over the equipment financed leaving your property free for other lending.  With each repayment you are increasing your equity in the equipment.  Commercial Hire Purchase is ideal for a business that wants full ownership at the end of the term.

Advantages of a CHP are

• Freedom to reduce the amount financed using a deposit, or you can finance 100% of the asset cost.
• Option to structure the transaction with a balloon payment at the end of the term or fully amortise the finance.
• Potential Tax benefits through interest paid and depreciation on the equipment (Tax treatment may vary according to circumstance.  Please consult your Accountant or Tax Agent to ascertain the product which best suits your position).

CHATTEL MORTGAGE

A Chattel Mortgage is a fixed rate loan for the purchase of business equipment.  The equipment belongs to the client and the loan is secured by Macquarie Leasing who lodges a charge over the equipment.  A Chattel Mortgage is best for those businesses who are running on a “cash” basis for GST.  In contrast to a CHP contact, under a Chattel Mortgage the GST on the purchase can be claimed on your next BAS claim:

Advantages of a Chattel Mortgage are

• You own the equipment through the term of the Agreement
• Freedom to utilise a deposit or finance 100% of the cost
• Potential Tax benefits through interest paid and depreciation on the equipment (Tax treatment may vary according to circumstance.  Please consult your Accountant or Tax Agent to ascertain the product which best suits your position).

FINANCE LEASE

A Finance Lease requires the lessee to finance 100% of the asset cost  ie. a deposit cannot be utilised to reduce the amount financed.  A residual value, which is payable at the end of the term must be established.  Residual values are determined by the Australian Tax Office and are based on the depreciation value of the asset.  The advantages of a Finance Lease are:

• No initial cash outlay as 100% of the purchase price is financed
• Rental payments are fully tax deductible (Tax treatment may vary according to circumstance.  Please consult your Accountant or Tax Agent to ascertain the product which best suits your position).

NOVATED LEASE

Macquarie Leasing has produced a Novated Lease product to benefit both the Employer and Employee

• It provides the Employer with a complete salary packaging alternative to owning a fleet of motor vehicles
• The Employee gains full use of salary packaging
• Documentation comes complete with ATO and accounting standards clearance.

Novated Leasing is an arrangement that is used to combat the differing needs of employers and employees and provides a solution that will benefit both parties.

We Make Vehicle & Equipment Finance Easy

Once you have found the vehicle or equipment you wish to finance, contact the following at our office: