Your profession may afford you certain financial benefits when it comes to borrowing. For this reason, we have a range of solutions tailored specifically for accountants, lawyers and solicitors. We understand the intricate legislative technicalities of each of these fields, and design a financial plan accordingly.
This is a loan that is secured by a specific security agreement. The asset acts as security for the lender and upon the final payment, the mortgage over the item is released. A Chattel Mortgage allows businesses to claim the full input tax credit from GST incurred expenses immediately.
Is a rental agreement for the hire of goods, where the title of the goods remains with the financier and become yours when all terms of the agreement have been completed. However for tax purposes, equipment depreciation and interest paid are able to be claimed for tax purposes (check with your accountant).
You have the option of including an upfront deposit and including a residual to acknowledge the equipment’s end value.
This is an agreement between an employer, employee and the finance company, whereby the employee enters into a car lease with the finance company and the employer agrees to make the payments for the lease from the employee’s salary package.
Lendfin can provide you with a free quote on car finance.
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