If you are continually upgrading your vehicles or equipment, then an Operating Lease may be just the thing. This is an agreement between you and the bank to rent equipment to your business for a fixed period of time. It’s a great finance options for keeping ahead of your competitors with new equipment. At the end of the agreement you simply hand over the goods to the bank – easy peasy.
The benefits to your business are:
- 100% finance allows you to preserve you working capital
- You won’t be stuck with redundant equipment
- You can respond to market changes quickly with new equipment or upgrades
- If you use the asset to generate an income your rental payments may be tax deductible
Need a new car or equipment for your business? Make an appointment to see a Clic consultant today or call us on 1300 542 542