Equipment Finance

Financing commercial assets is a very effective way of accessing the equipment that most businesses need to grow in a highly competitive market, whilst preserving the all important cash flow and taking advantage of significant potential tax benefits.

We have helped hundreds of businesses to get hold of the equipment they need.

Anyone can sell a finance package, but what we do best is understand your business needs, communicate well, and make the process of obtaining finance as simple as possible. Don’t take our word for it – read what our customers have to say.

Let’s face it, banks can offer great products and attractive rates, but ‘simple’ generally isn’t in their vocabulary. At Ecolease, we understand that as a small business owner you are far too busy – and that’s why we offer one thing we believe the banks don’t –  simplicity.

Ecolease is all about making finance simple by offering great service, the right financial products, from a select range of funders, which means your business maintains a healthy degree of commercial flexibility. Plus, by obtaining finance through a broker such as Ecolease, you minimise the risk of over exposure to any one banking institution.

Find out more about our range of equipment finance products to see what finance is right for your business.

Watch the video

Watch the “Steps to Equipment Finance” video to learn more about the equipment finance process.

Talk to us today

We are experts at making equipment finance simple and would love to understand your business and help you get hold of the equipment you need.

Equipment Finance Products

We offer a range of finance options to suit your requirements – ask us which one is best for you.

Lease the equipment you need with no upfront deposit and flexible terms to match your cash flow requirements. The lender owns the equipment during the lease agreement.

Features:

  • Most depreciable assets can be financed
  • Terms range from one to five years
  • Interest rate and repayments fixed for contract term
  • Irregular or seasonal payment schedules available

Benefits:

  • Preserve your working capital with 100% financing
  • Rental payments may be tax deductible if you use the asset to generate income
  • May be able to claim input tax credit for rental and other charges that are subject to GST benefits

So when considering a leasing option, think:

  • equipment that has a long income generating life cycle
  • no upfront payment as the equipment is typically secured against itself
  • lease payment fully tax deductible
  • GST component of lease can be claimed in arrears

Compare Finance Products  |  Download Our Equipment Finance Brochure (PDF)

Rent To Own

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NOTE: As the taxation and accounting treatments of various finance products may vary, we recommend you seek independent expert advice before choosing an option.

Compare Our Equipment Finance Products

Ownership Deposit Residual End of Term Options Tax Treatment
Rent-to-Own Financier – with customer purchasing the equipment at end of term for one additional month’s payment No No Own the equipment for one additional month’s repayment Monthly payments are 100% tax deductible when goods are used for business
Specific Security Agreement (SSA) You own the equipment throughout the term with the lender taking a mortgage over the goods Optional Optional None – unless there is an optional balloon payment in which you can refinance that amount or pay it in full Interest & depreciation are tax deductible per ATO guidelines
Commercial Hire Purchase (CHP) Financier – with customer taking over title upon finalisation of contract Optional Optional None – unless there is an optional balloon payment in which you can refinance that amount or pay it in full Interest, GST & depreciation are tax deductible per ATO guidelines
Finance Lease Financier – with customer taking over title upon payment of pre-determined residual at end of term No Pre-determined residual (set by ATO guidelines) is owed at end of term Refinance the residual or pay it in full to keep the goods Monthly payments are 100% tax deductible when goods are used for business