Jade Equipment Finance provides the full range of commercial finance facilities for the purchase of business vehicles. We are a leading broker in the motor vehicle lending sector and our consultants are specialists in structuring finance to suit individual business requirements.
We provide finance for the full range of vehicles used for business purposes: light commercial, vans, utes, SUVs, light trucks, heavy trucks, wagons, sedans, multi-passenger vehicles and passenger cars.
Finance for Business Vehicles
The decision as to which particular finance facility best suits your business should be made in consultation with your accountant. Commercial finance products include varying treatments of GST, tax deductibility, depreciation and balance sheet entry and are structured to suit different accounting methods.
- Chattel Mortgage for Business Vehicles: the most commonly utilised finance product as it suits many businesses that use a cash accounting method. A balloon is optional to reduce monthly repayments; GST can be claimed on next BAS; repayments and balloon not tax deductible; interest is tax deductible.
- Commercial Hire Purchase (CHP) for Business Vehicles: widely used as it suits cash accounting systems; balloon optional; GST claimed on purchase price; repayments and balloon not tax deductible; interest is tax deductible.
- Business Vehicle Leasing: an off-balance sheet option; lease payments are tax deductible as operating expense; optional residual subject to ATO guidelines; GST applies to monthly payments and residual.
- Novated Lease with Salary Sacrificing: suits businesses wanting to provide a fully-maintained company vehicle for an employee and the employee chooses to have expenses deducted from pre-tax salary.
- Rent to Own for Business Vehicles: monthly payments tax deductible as operating expense; GST applies to repayments; buyback option.
Attractive Finance with Better Interest Rates
All Jade business vehicle finance deals are structured to suit your business and based on our cheap interest rate policy. All finance include:
- Jade’s cheap Interest Rate
- Interest Rates Fixed for Loan Term
- Fixed Monthly Repayment
- Fixed Loan Term
While approaching the bank or a finance company yourself may appear an easy process, dealing with professional finance brokers, Jade, offers many significant benefits.
- Save you time by handling paperwork, lender negotiations, paperwork and assist with other matters including insurance, REVs, interstate regulations if purchasing from out of state.
- Expert negotiating skills to bargain the terms, conditions and interest rate to suit your business, not strict bank guidelines and shareholders.
- More choice of lenders is your assurance that we have sourced you the best business vehicle finance.
Your Jade consultant will work closely with you to secure you a great offer for new and used business vehicles, purchased from a private seller, dealer or at auction.
Speak with a Jade Equipment Finance Consultant to discuss a financing solution for your business vehicle purchase. Call 1300 000 003