Use Commercial Asset Finance to fund your business equipment

Are you just starting out as a business owner? Maybe you’re a current business owner looking to upgrade plant equipment and tools. Either way, Commercial Asset Finance can be a great solution for funding some much-needed equipment.

A business is all about cash flow, and using finance to purchase the tools you need to keep your business running is what savvy business owners often choose to do. The lending specialists at Sprint Finance can analyse your company’s financial position to recommend Commercial Asset Loans available from a wide range of lenders.

Options such as chattel mortgages, finance leases, and hire purchases are all finance products designed to help support businesses. Options like these can help your business own equipment straight away and gradually pay it off. In some cases, you can even use a loan to purchase equipment and then pay a rental fee instead.

There are also many tax or GST incentives you can take advantage of thanks to commercial asset finance. A perfect example is Chattel mortgage which enables you to have loan repayments with no GST attached. You may even be able to claim input tax credits for the rental payments associated with your new equipment.

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Our process

Get in touch

Contact Nathan at Sprint Finance to book a consultation and look into your current financial situation. At the end of the session, you’ll have knowledge and tools to implement changes immediately that will have a positive impact.

First assessment

If options are available, we provide suggestions and request additional documents with financial details.

Lender comparison

After comparing dozens of lenders, we provide you with a shortlist of loan options.

Loan application

We prepare your loan application, arrange for it to be signed and sent to the lender.

Application review

Allow up to 2 weeks for the process – though we aim to have this done in a shorter frame of time.

Loan approval & settlement

Approval for your loan is obtained and loan documents are sent. Your loan will be settled a short time later.

Talk to a Loan Specialist about financing your company’s new equipment.

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Why choose us?

Keeping it simple

We will thoroughly explain every step of the process for getting approved for Commercial Asset Finance

Experienced

Talk to a loan specialist with over a decade of experience in the Commercial Asset Finance.

Fast service

Get quick solutions for asset finance to help your business get back on its feet.

Talk online

Our services can be conducted online via webchat and video conferencing.

Kind words from our customers

Frequently asked questions

A Loan Specialist acts as a middleman between the borrower and the lender/bank. They will take the time to assess your financial situation by collecting all the relevant paperwork. After an initial assessment, they provide their recommendations for the best Commercial Asset Finance Lenders available. These recommendations are based on your financial situation, purchasing power, and future investment goals. Long-term goals for paying off equipment in the future should all be taken into consideration.

You should first get in touch with a loan specialist before you start looking for new equipment to buy. A Loan Specialist will assess your company’s financial situation and evaluate your purchasing power. When you know how much you can spend on a loan, you’ll know what type of equipment is available to rent or pay off gradually.

Commercial Asset Finance could enable you to take advantage of the following:

  • Have loan repayments with no GST
  • Own an asset like a car and gradually pay it off
  • Claim GST input tax credits
  • The option to buy back your equipment at the end of the lease agreement
  • Hire company assets from the bank while you pay them off
  • Get full ownership of the equipment after the final payment is made on the hire purchase agreement

Yes, we can. Our staff can arrange a time and meeting location appropriate for you. We are not limited by standard business hours.

Our staff are available for appointments 7 days a week. Our aim is to fit around your busy work schedule so there’s no need to arrange for time off work. We can come to your house 7 days a week when it’s convenient for you.

We will not charge you a fee for our service. Sprint Finance is paid a commission by the lender you choose. Details of this commission will be fully disclosed to you when you first get in touch with our service. Government and lender fees and charges will apply to your home loan. We will take the time to explain these fees and charges to you in greater detail if you need us to.

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