The equipment financing is a financial instrument that provides funding to business owners for them to purchase new machinery, upgrade existing machinery, purchase new vehicle like Commercial Trucks, Cars etc. . The equipment financing comes handy for all kind of business.
The equipment may be used as security, therefore if the business fails to meet the repayment terms the equipment is taken away. As soon as the loan is paid in full, the business owns the equipment.
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
Equipment Loan applied from Triple O Finance via various lenders can be availed only by Australian Citizen/ Permanent Resident holders.
To get an equipment loan you need to be with your same employer for at least 18 months working full time.
The vehicle must be less than 1 year old.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
Generally the asset being purchased is used as security for the loan, however in some circumstances you may be able to use your existing fixed assets as security to help raise the funds you need.
The auto finance amount is based on the vehicle bought and the profile of the customer. Funding is available up to 100% on ex-showroom value.
We do not fund any accessories unless it is a standard fitting.
Now apply for Commercial Loans hassle free, All you need to do is provide your details below application form.
