Get the equipment you need with no deposit and flexible repayment terms to meet your individual situation.  The Financier owns the equipment during the lease agreement and you take ownership at the end after paying a residual amount.   The lease payments are fully tax deductible so long as the asset is utilised to generate taxable income.

An operating lease is similar to a finance lease (above), only at the end of the lease, you simply return the equipment to the Financier (subject to return conditions) without having to pay a residual amount .

A hire purchase arrangement is an agreement to purchase vehicles, plant or equipment subject to payment terms.  During the term of the agreement, the Financier owns the vehicle, plant or equipment.  Ownership is automatically transferred to you when you make final payment.  You have the option to purchase the equipment at any time during the term of the agreement and repayments can be tailored to your cash flow.

With an Equipment Loan, you may claim back the GST paid on the equipment in your next BAS statement, maximising cash flow potential.  An Equipment Loan is often suitable for businesses who account for GST on a cash basis.  The amount claimed back can be put towards repaying the loan, thus reducing the loan period and the total payment or may be retained to assist immediate cash flow.  An Equipment Loan can offer great flexibility in the amount you may have as a residual.  You can tailor your repayments to suit your budget.