Sale and Leaseback
What Is A Sale And Leaseback?
Essentially a sale and leaseback is finance lease. The finance company will purchase your current asset(s) and lease it back to you.
There are a number of advantages for using a sale and leaseback the most significant is that you can be paid cash for your asset(s), which will increase your cash flow. This mean you have greater working capital to use on growing your business.
Typically we arrange a sale and lease back for assets greater than $50,000 in value. If you would like to speak to one of our loan consultants in the commercial department about a sale and leaseback for your business, contact 1300 628 562.
How Does A Sales And Leaseback Help Your Business?
You can be paid in cash for your asset(s). We will purchase your assets in accordance with industry standards and/or the value based on trade publications.
What Are The Benefits Of A Sales and Leaseback?
- Cash in you bank
- Clear your balance sheet
- Repayments are made monthly
- No residual
- Non-homeowners as considered
- Bad credit history is not a problem
What Assets Can Be Used In A Sale And Leaseback?
- Trucks
- Buses
- Machinery and/or equipment including:
- Farm equipment
- Agricultural equipment
- Construction equipment
- Heavy and light commercial vehicles and equipment
