NOW IS THE TIME TO BUY
Many businesses are taking this quiet period to refurbish, update technology and pivot with new goods and services.
This may mean you need new equipment and now is a good time to buy.
Why BEFORE June 30?
- Seriously good deals on offer for vehicles and equipment
- Instant Asset Write Off (IAWO) drops to $1K AFTER June 30
- Record low interest rates
Key points to know about IAWO:
- You can write off 100% of eligible assets that cost up to $150,000 each
- Equipment to be purchased and ready for use by June 30, 2020
- For businesses with up to $500 million turnover
- After June 30, the IAWO threshold drops from $150K to $1K
How does IAWO help me?
In a nutshell, it means you pay less to the ATO, meaning you keep more cash in the business. It also means that any equipment you purchase now effectively costs you almost 30% less than what you will pay for it after June 30.
How can Ecolease help you?
Fast Simple approvals up to $150k with no financials*
We live and breath equipment finance and our expertise is more important than ever in these COVID lending times.
Can I finance it and still qualify?
YES. Speak to the Ecolease Commercial Finance Experts to learn more.
* Specific Credit criteria applies.
Please note, it is important that you speak with your accountant when considering purchasing equipment and in utilising the benefits of IAWO within your business.