Commercial Hire
Purchase

Commercial Hire
Purchase

With this type of finance, you hire and use the asset until the last payment. When you make the final instalment, title of the asset transfers to you. You can tailor payment options, including the loan period, a deposit and a larger final balloon payment. To help manage your cash flow, structured payments can be established according to your cash flow.
Chattel 
Mortgage

Chattel
Mortgage

Chattel Mortgages are a popular finance solution where you own the asset from the outset and your loan agreement is secured by the asset. You can tailor your loan payments by choosing the term - typically up to five years. Other payment options can include a deposit and a larger final instalment. You can also structure payments to free up cash flow at the times of year you need it most.
Finance Lease

Finance Lease

With a Finance Lease, the financier owns the asset however you bear the risk of disposal (of the asset) at the end of lease. This type of lease can benefit businesses that need the latest vehicles or equipment without tying up a large amount of capital. You can choose lease payments in advance or arrears and terms up to five years. A residual value is required in line with the asset's use and the Australian Taxation Office's guidelines.
Operating Leases

Operating Leases

Operating Leases can often be used to fund a number of different assets. Payments towards this type of finance can sometimes be considered operating costs and will not appear as a liability on your balance sheet.

With this type of finance, the financier owns the asset and the client returns it at the end of the term, usually from 12 months to 5 years. When leasing an asset, the fixed monthly payments typically cover, tyres and scheduled servicing and aintenance. For a small business, an Operating Lease can help free up time and resources.

FINANCE LEASING

MiniLease is a residual finance lease offered by ASC to our business customers. Sole traders, companies partnerships, corporate or government entities and home businesses can lease our machines over an agreed specified term of 3-5 years, paying monthly repayments. A small pre-determined residual value of the equipment can be paid at the end of the term which would ensure full ownership of the equipment.

  • BENEFITS OF A FINANCE LEASE

    Customers can elect a 3,4, or 5 year lease term to suit their budget - the longer the term, the lower the monthly payments.

    The residual is pre-determind, making the leasing agreement transparent, with no hidden costs, apart from 1 month's lease prepayment.

    No deposit is required.

  • TAX DEDUCTIBLE

    Because equipment leased under the residual lease, is to be used for business or income production, the lease payments are typically tax deductible.

    Tax deductibility, combined with fixed monthly payments helps commerical users manage their budgets. For quick approval over the phone, call us on 1800 650 989 and we will take care of the rest for you.

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RENTAL

Rental can make sense when cash is tight, as many businesses are experiencing at present.
There are no big up-front costs to find. You would just have a flat monthly payment to make over the agreed term. There are other benefits to renting ie., whenever the rental term ceases, you can upgrade your existing equipment by replacing it with the latest model.

Another advantage to renting is that maintenance is included, thus avoiding any possible extra
expenses and time hassles that may occur with equipment that was company owned.

Many businesses opt to rent sweepers and scrubbers because these items tend to depreciate in value rather quickly, so to rent avoids the problem of upkeep and disposal costs. They merely return the ailing equipment to ASC.

  • WHAT IS THE MAIN DIFFERENCE BETWEEN RENTING OR LEASING?

    A lease, is slightly more expensive than to rent, but at the end of the term you actually own the equipment - surely a great asset if there is a tight cash flow which has never allowed for the purchase of equipment outright. When renting, the equipment is fully maintained and serviced, but is returned to ASC at the end of the agreement period. If the agreement is renewed then new equipment is supplied.

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