If your an ABN holder the chances are that at some time you’re going to need to borrow to purchase business equipment, trucks, or motor vehicles to help with the successful running of your business.
Rent To Own is a flexible loan product which enables small businesses to purchase equipment with the flexibility of either handing the goods back after a 12 month period, purchasing the goods outright or choosing to maintain the repayments for a further 36 months.
Rent To Own is ideal for new business ventures or ABN holders with little or no financial information purchasing goods and equipment for business usage. Having the option to hand the goods back and ‘walk away’ after 12 months could be ideal for some business’ who are looking at short term goods purchases.
Having the right person on your side is essential in gaining a suitable Rent To Own.
Why Use iCREDIT for your Rent To Own?
Our strong relationships with Australia’s leading banks and equipment financiers, coupled with national buying power and loan processing centres allows us to compare loans suitable to your business needs and cash flow. Before entering into a Rent To Own or any Commercial Loan product it is advisable to discuss any tax implications with your accountant.
Benefits of a Rent To Own
Short 12 month Contract
Flexibility to return the goods after 12 months
Rental rebate if you decide to buy the goods
Affordable weekly rental payments
Payments are Tax Deductible
Off Balance Sheet meaning it won’t affect your capacity to borrow for future expansion
Low security bond
Only the goods being purchased are held as security against the loan.
Repayments can be claimed as a tax deduction.
To find out more about finance leasing, contact us on 1300 350 118 or email email@example.com