Equipment Finance Loan - no longer available
Equipment Finance Loans
- Very Competitive Business Equipment Finance
- All Business Structures OK
- Must Have A.B.N
- No Security over Property
- Fast Approval within 48 HHHours
- No Financials, No Tax Returns or Proof of Income Required
Release the equity in your equipment! 
Would you like to access the equity held in you equipment to fund your business growth? This Loan facility allows you to access the equity in you equipment and invest it back into your business.
The Equipment and Equity Loan allows you to acquire additional equipment, assist with the purchase or development of Real Estate, fund research and development or maintenance programs, or finance other commercially acceptable business strategies.
To qualify for an Equipment Finance Loan
This facility has been designed to assist businesses which are broadly described as Construction, Road Transport, Earthmoving, Mining, and Agriculture.
Eligible Asset Types for an Equipment Finance Loan
Eligible asset types can be broadly summarised as:
- Trucks
- Trailers
- Yellow Gear
- Tractors
- Motor Vehicles
Product features of Equipment Finance Loans include
- Maximise your investment in income producing assets
- Maximise equity in freehold real estate holdings
- Preservation of working capital for its core purpose
- Tax benefits – significant tax benefits may be available.
- Please contact your tax advisor for details
- Cash flow benefits. Equipment Finance can provide 100% of financing, equity (an initial deposit) is not normally required.
- Conservation of Capital- retention of working capital and unused lines of credit which can be utilised elsewhere in your business.
- A known and fixed cost - Equipment Finance contracts are normally written on a fixed interest rate basis.
At a glance
|
Purpose |
Allow companies and business professionals to access the equity in their equipment in order to fund a sound business strategy |
|
Facility |
Chattel Mortgage |
|
Payments |
Fixed for the life of the agreement |
|
Term |
Maximum of 5 years |
|
Minimum |
$10,000 |
|
Payment Frequency |
Monthly, quarterly, semi-annually, annually, seasonally or irregularly |
|
Conditions |
Specific lending criteria, conditions, fees and charges may apply |
These products are specifically designed to optimise cash flow in respect of vehicle and equipment acquisitions.
Leasing and Hire Purchase are the main equipment financing alternatives.
Chocolate Homeloans is the exclusive provider of finance to the Master Builders Association of Victoria and as such specialise's in financing the numerous trucks and equipment used in the building and construction industry.