Equipment Finance

Equipment Finance

Equipment Finance, also known as, Asset Finance’ is the provision of commercial loans to businesses for income generating assets. At Lowe Finance we can provide funding for any type of commercial equipment and have the products and knowledge to maximize your business taxation benefits.

Whether its a truck, a forklift, IT equipment, agricultural machinery, or any other type of yellow goods or business equipment, Lowe Finance has a tax effective solution for you to acquire that asset and make it work for you.

The benefits of financing equipment through your business include:

  • Freeing up your working capital to re-invest into your business rather than spending it on a depreciating asset.
  • Using a Finance Lease will, in many cases, enable 100% of lease payments to be tax deductible.
  • Using a Chattel Mortgage or Commercial Hire Purchase will enable the business to claim back the GST component of the purchase price of the item of equipment.
  • Depreciation on the asset and interest payments can be claimed as a tax deduction for the business (as a percentage of business use) if goods are financed through a Chattel Mortgage or Commercial Hire Purchase.

Lowe Finance has access to a wide range of lenders for Equipment Finance to provide the best solution for your business needs. Call now to speak to one of our friendly consultants or submit an on-line enquiry and we’ll get back to you with all the information you need.

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