Equipment Finance
At Star Finance Group, we're mortgage brokers assisting clients across Australia in acquiring new vehicles, plant, or machinery through equipment finance.
At Star Finance Group, we're mortgage brokers assisting clients across Australia in acquiring new vehicles, plant, or machinery through equipment finance.
Equipment financing can be used for a wide range of business equipment, including:
Machinery: Manufacturing and industrial machinery.
Vehicles:Commercial vehicles, trucks, and fleet cars.
Technology: Computers, servers, and other IT equipment.
Office Equipment: Furniture, printers, and other office necessities.
Specialized Equipment: Medical, agricultural, and construction equipment.
Preserve Cash Flow: Financing allows you to acquire necessary equipment without a large upfront payment, preserving your working capital.
Tax Benefits: Interest payments and depreciation on financed equipment may be tax-deductible.
Upgrade Options: Leasing options often allow you to upgrade to newer equipment at the end of the lease term.
Flexible Terms: Financing can offer flexible repayment terms tailored to your business’s cash flow.
Creditworthiness: Both personal and business credit scores.
Business Financial Health: Revenue, profitability, and cash flow of your business.
Value of Equipment: The cost and expected lifespan of the equipment being financed.
Business Plan: How the equipment will be used to generate revenue and benefit the business.
Collateral: The equipment itself typically serves as collateral for the loan or lease.
Equipment Loan : Secure essential equipment with our tailored loan solutions.
Ownership:You own the equipment outright once the loan is fully repaid.
Depreciation: You can claim depreciation and interest expenses on your taxes.
Repayment Terms: Fixed repayment schedule over a set term.
At Start Finance Group, we specialize in providing tailored equipment finance solutions designed to support your business’s growth and operational needs. Whether you’re acquiring a new vehicle, upgrading plant facilities, or investing in machinery, our flexible financing options offer the capital you need with competitive rates and personalized service.
