Equipment is a critical business asset that is required in the normal day-to-day running of your business operations.

As a business owner, you are constantly faced with a number of decisions that you must make regarding the purchase and replacement of equipment. You can use the working capital or obtain finance for buying equipment. The decision you make depends on:

  • What is best for your business?
  • What are your current circumstances at the time of making your decision?

What Types of Business Equipment Can Be Financed?

Singh Finance can arrange low rate business equipment finance for:

  • Cars, utilities and light commercial vehicles
  • Trucks and buses
  • Forklifts, cranes and earth moving equipment
  • Computing and office equipment
  • Printing, medical and manufacturing equipment
  • Industrial plant equipment

Apply for Low Rate Business Equipment Finance

What Types of Business Equipment Finance Arrangements Are Available?

The following is a brief summary of the types of finance arrangements available in the market place:

  • Asset Lease - This arrangement type enables you (the customer) to have the use of your business equipment and the benefits of ownership, while the financier (lender) retains actual ownership of the business equipment

  • Commercial Hire Purchase - In this business equipment loan arrangement, you (the customer) hires the business equipment from the financier (lender) for a fixed monthly repayment over a set period of time (i.e. 2 to 5 years)

  • Equipment Rental - It is an agreement between the financier (lender) and you (the customer) whereby the lender buys the business equipment on behalf of you and rents it back to you over a fixed period of time (i.e. 2 to 5 years)

  • Chattel Mortgage - Under this agreement, you (the customer) takes ownership of the business equipment (chattel) at the time of the purchase

Singh Finance recommends that you seek independent expert advice before choosing any one of the above finance options for buying business equipment. It is because tax implications and accounting treatments vary for each option.

How Can We At Singh Finance Help You?

Take advantage of our professionally qualified finance experts, who have access to multiple lenders. They will arrange low rate business equipment finance for you. Our finance brokers will save you hours of your valuable time in trying to source the right finance for you.

Contact Us Today

If you are seeking assistance and you want further clarification in choosing a suitable business equipment finance, look no further. Singh Finance's expert finance broker can help you. Enquire online or call on 0424 190 908.

Singh Finance Pty Ltd
P.O Box 4042
Parramatta NSW 2124
Ph: 0424 190 908
Fax No. 02 9608-6279

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