Our services
- You own the asset and purchase it with a loan, using the equipment as security.
- Usually no deposit is required.
- As you own the asset, you may be entitled to claim GST input tax credits, depreciation and interest expenses.
- Flexible and tailored repayment structures depending on your cash flow needs.
- A balloon payment may be included at the end of the term.
- Flexfleet purchase and own the asset and lease it to you for an agreed period. You may make an offer to purchase the asset at the end of the term.
- 100% finance of the purchase price (deposits not permitted).
- Flexfleet own the asset and normally the entire rental payment is tax deductible for you.
- Flexible and tailored repayment structures depending on your cash flow needs.
- A residual at the end of the term means you will benefit from lower rental instalments.
- Works like an Operating Lease and is designed specifically for businesses looking to reduce the risks associated with ownership.
- 100% funding of the purchase price (deposits not permitted).
- Repayments are made monthly in advance or arrears.
- At the end of term, you will have the option to buy the equipment at an agreed price or return the equipment.
- An Operating Lease allows you to benefit from always using new equipment without purchasing it.
- Flexfleet own the asset and normally the entire rental payment is tax deductable for you.
- An Operating Lease is simply a rental agreement where you can avoid the risks associated with ownership.
- 100% funding of the purchase price (deposits not permitted).
- Flexfleet takes away the risk of residual value at the end of the term and bears the administration cost of remarketing the asset.
What assets can I finance?
Agricultural
Tractors, Combine Harvesters, Pickers, Spraying Equipment, Bailers
Industrial
Telehandlers, Lighting Towers, Boom & Scissor Lifts, Generators & Compressors, Cranes
Construction
Excavators, Dozers, Wheel Loaders,
Skid Steers, Dump Trucks
Transport
Utilities & Service Trucks,
Prime Movers, Trailers, Forklifts
Light Commercial Vehicles
Vans, Utes, Commercial Motor Vehicles
Some common questions
Do you only fund new equipment?
We fund equipment up to 3 years old on our Matrix Program.
The equipment I’m purchasing is not listed in your examples, can I still apply?
The equipment listed on our website is the type of assets we fund under our standard Matrix Program. Please contact us to discuss your requirements.
What are the benefits of Leasing and Asset Finance?
1) Tax Deductions
Generally, the monthly payment on your Lease will be tax deductible. On a Chattel Mortgage depreciation and interest is usually deductible. We recommend you speak to your accountant about potential tax benefits before making a purchase decision.
2) Preserves Cash Flow
Leasing and Asset Finance is a low cost, efficient financing solution that can improve your working capital as 100% of the equipment cost can be financed.
Lease, Rental and Loan payments are fixed for the term of the contract allowing for easy budgeting.
3) Flexible Payment Options
Lease, Rental and Loan Agreements can be tailored to suit your business and cash flow needs, allowing you to have monthly, quarterly, annual or structured payments.
4) Reduced Technology Risk
Leasing and Asset Finance allows your business to benefit from using the latest equipment, which can reduce the risks associated with technology obsolescence.
What is the interest rate?
All of our products have competitive interest rates, that are fixed for the life of the agreement. Obtain a quote now to find out yours.
How do I apply?
Please contact us or call us on 1300 783 539 to see how we can assist you.
What is the main difference of an Operating Lease?
No Residual Risk
Under an Operating Lease the risks associated with ownership and disposing of the equipment in an uncertain resale market is the responsibility of Flexfleet. Operating Leases are usually popular with Fleet, Corporate and Government buyers.
At the end of the term the equipment is returned to Flexfleet with no further obligation (subject to fair wear & tear and utilisation allowances).
Who is responsible for the equipment maintenance and running costs?
Under all of our facilities the Customer is responsible for ensuring the equipment is registered, comprehensively insured and maintained.
What happens at the end of term?
Your options at the end of an Operating Lease are:
1) Upgrade the equipment to the latest model.
2) Return the equipment with no further payments.
3) You can extend the rental period.
4) Offer to purchase the equipment.
5) Or a combination of the above that best suits your requirements.
Your options at the end of a Finance Lease term are:
1. Upgrade the equipment to the latest model.
2. Pay the residual value.
3. Sell the equipment and payout the residual value.
4. Refinance and continue the Lease.
How do I get accredited as a Finance Broker or Equipment Supplier?
To find out more information on becoming accredited with Flexfleet please contact us on how you can access our products and/or programs.