Technology Finance

We will consider all types of equipment, including software, and used goods so long as they are supplied by a reputable supplier of such goods. A formal valuation of the equipment may be required if we are unable to ascertain their value.

Who can benefit

Must be for Business use – Sole Trader and Partnership Applicants will be required to sign a Declaration of Purpose confirming this.

Amount Financed

Minimum $1,000 to a maximum of $35,000 without the need for financial providing the Application fits credit criteria. For amounts greater than $35,000 financial data showing serviceability will be required. A maximum of $50,000 is available for Rentals.

Term

From 12 months to 60 months.

Insurance

All equipment is to be insured covering normal business risks and be in place at settlement and

maintained during the term of the contract, as per the Terms & Conditions of the Rental Agreement.

Interest Rates

Since a Rental is not a loan there is no interest rate. Monthly Rental charges are payable.

Fees and charges

There’s an establishment fee
There may also be an early termination charge.

Repayment Schedules

All Rental Payments are Direct Debited monthly in advance.