Bookmark Our Site!
One of our leasing financiers has now placed yellow goods and commercial vehicles in the same class as passenger cars.
This is not an error.
The lender is prepared to offer passenger car interest rates on commercial vehicles and yellow goods such as:
Finance Lease
It is common for the generic term of lease to be used when financing an asset, however a finance lease is rarely used these days. A finance lease does not have the flexibility offered by either a Commercial Hire Purchase, CHP, or Chattel Mortgage.
A Finance Lease is an agreement whereby the Lessor (The Financier or Lender) rents the equipment to the Lessee (Borrower) who has the right to use the goods for the period of the lease, but no claim to title. A residual value is set with the lessee guaranteeing the financier for this amount.
Edit 06-05-2008: Ability Finance were informed just over 24 hours ago via an email that EFS have withdrawn funding offers through accredited finance brokers. Our email requests for confirmation of the earlier email announcement are still unanswered at this stage. In this light we can only assume at this stage that EFS finance is presently unavailable.
Ability Finance Brokers can help business obtain fast business leasing finance up to $150,000* for most business equipment such as;
Finance for business may incorporate leasing of plant and equipment, finance for motor vehicles or fleet, commercial property finance, factoring of invoices to improve cash flow or inventory finance to assist with the purchase of additional stock for manufacture or sale.
Many small businesses often raise working capital for business purposes through refinancing equity in residential property.
Business may also often seek the services of a finance broker to assist customers of the business when seeking finance to purchase goods or services provided by the business.