Advantages of Equipment Finance:
2. Tax Advantages
Tax advantages can be significant, provided your equipment is used to derive assessable income.
3. Avoids Obsolescence
Old methods can be inefficient and less cost effective than new technology. Equipment Finance keeps you at the forefront of technology and in a position to take advantage of opportunities as they arise.
4. Purchasing Power
Financing allows you to acquire more and/or higher-end equipment.
5. 100% Financing
Ability to finance the complete solution including equipment, software, installation and more.
6. Accounting Considerations
Off-balance sheet financing, improved reported earnings, and increased return on assets may be options you can take advantage of.
7. Conserve Working Capital
Prevent your cash and lines of credit being tied up. By conserving working capital, you have the ability to improve your cash flow and take advantage of profitable business opportunities as they arise.
8. Budget with certainty
Written at a fixed interest rate for a fixed period. As a result, repayments are not subject to interest rate fluctuations, making it easier for you to forecast and budget.
9. Flexible payments
Repayment Schedules are flexible and can be structured to suit your cash flow, budget and tax objectives.
10. Quick & Easy
Your credit application will be expediently evaluated, providing you with a quick decision
Plant and Equipment Finance calculator (source: http://www.gwfinance.net.au/ - website can no longer to be opened)
This information does not constitute tax advice. Consult with your tax advisor to determine how to use equipment financing to take advantage of expensing and depreciation tax savings
Contact Lee-Anne Cusack to organize a quote. Mobile: 0448 990 188