PLANT AND EQUIPMENT FINANCE
BUSINESS SUCCESS RELIES ON HAVING THE RIGHT TOOLS OF THE TRADE. LET US HELP FINANCE YOUR PLANT AND EQUIPMENT.
PLANT AND EQUIPMENT LOAN
FINANCE LEASE
HIRE PURCHASE
NOVATED LEASE
PLANT AND EQUIPMENT LOAN
OWN YOUR OWN PLANT AND EQUIPMENT. OUR LENDERS WILL TAKE OUT A MORTGAGE ON IT AS SECURITY FOR YOUR NEW LOAN.
- You own the asset and purchase it with a Blu Mortgages loan, using the equipment as security.
- As you own the asset, you may be entitled to claim GST input tax credits, depreciation, and interest expenses.
- Flexible and tailored repayment structures depending on your cashflow needs.
FINANCE LEASE
LEASE THE PLANT AND EQUIPMENT YOUR BUSINESS NEEDS AND RETURN IT AT THE END OF THE LEASE TERM.
- Your lender purchases the asset at your request and lease it to you for an agreed period.
- Your lender owns the asset.
- At the end of the lease term, you have the choice to upgrade to new equipment or refinance the existing equipment.
- Flexible and tailored repayment structures depending on your cash flow needs.
HIRE PURCHASE
HIRE THE PLANT OR EQUIPMENT YOUR BUSINESS NEEDS AND OWN IT AT THE CONCLUSION OF YOUR HIRE TERM.
- Your lender purchases and owns the asset, and you buy it from them in instalments over an agreed period.
- Upon final payment ownership of the asset transfers to you.
- Flexible and tailored repayment structures depending on your cash flow needs.
NOVATED LEASE
SECURE THE VEHICLE, PLANT AND EQUIPMENT YOU WANT WITH SALARY PACKAGING.
- Allows employers to offer attractive remuneration packages to staff.
- Employees are provided with the option to lease a vehicle of their choice, while retaining ultimate responsibility for the leased vehicle.
- The lender owns the vehicle and at the end of the term you may make an offer to purchase.
- Repayments made by your employer out of your pre-tax salary.
NOT SURE WHICH PRODUCT IS RIGHT FOR YOU? CONTACT THE BLU MORTGAGES TEAM WHO CAN HELP IDENTIFY THE RIGHT LENDING SOLUTION FOR YOUR CIRCUMSTANCES.
