Compare a range of competitive financing options to help you purchase your next loaders & skid steers.
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Expanding your fleet with a loader & skid steer can get the job done and increase the productivity of your business. Some businesses tend to hit a brick wall when it comes to purchase a loader & skid steer. At Savvy, we offer a range of finance options that mould to all types of businesses. Our experience in heavy duty vehicles has helped up tailor our products to be flexible and manageable towards various financial situations.
We're partnered with a wide range of lenders to give you more finance options to compare. Not sure what to choose? Our consultants have years of experience supplying businesses with solutions that are specifically designed for them. Our solutions are aimed at supporting business growth, with structured and flexible repayment plans that keep your financial situation in mind. Get a free, no-obligation quote with us today.
We compare over 40 of Australia’s leading lenders to offer you competitive rates.
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Small business owners and businesses that are just starting up might find it hard to get financing through traditional financial institutions due to the strict eligibility criteria. However, Low doc financing can work for businesses that are looking for a no-fuss solution to help them purchase loaders & skid steers with ease. Businesses can cut out the extensive paperwork that is required such as; tax returns or business accounts. Its flexible repayments and long loan terms can also be useful.
Under a hire purchase agreement, your lender purchases theload & skid steer on your behalf. You will then purchase the equipment through instalments but will not own the equipment until you have paid the final instalment. Potential tax benefits depend on your business. Hire purchase agreements are a taxable supply, which means that the price you pay on the equipment includes GST. If you use the equipment for business purposes you can generally claim a GST credit.
Finance leases give businesses the option of finding financing that has low repayments that work well with their cash flow, but it also gives an array of options at the end of the lease that can help businesses purchase the equipment outright. Your lender will give you the option of transferring the ownership of the equipment to you by paying off the residual. You also have the option of returning the equipment or extending your contract to continue financing your equipment.
Businesses are constantly on the lookout for affordable finance deals. One of the features that might come with a finance option is to have the residual on your equipment delayed to the end of the loan term. This can work brilliantly for businesses that are seeking financing that comes with low initial costs. The residual will also be easier to pay off once the equipment has reached its full income producing potential. This will also allow you to optimise your cash flow effectively in other areas of your business.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
