Equipment Finance
Gold Coast Finance can arrange equipment finance on a wide range of commercial goods for your business, including tools, office equipment, manufacturing equipment, machinery, business furniture, vehicles, supplies and much more, under the following finance options:
Chattel Mortgage
A Chattel Mortgage is a commercial loan option where the lender provides finance to the customer for the chattel (equipment). The ownership is transferred to the customer, with the mortgage of the chattel held as security for the duration of the loan.
Commercial Hire Purchase
A Commercial Hire Purchase agreement occurs where the lender purchases the equipment on behalf of the customer, and then hires it back to them for a fixed monthly repayment over a pre-determined period of time. It differs to Chattel Mortgage as the customer doesn't actually take ownership of the equipment until the contract term has concluded.
Equipment Lease
Obtaining the use of machinery, vehicles or other equipment on a rental basis. This avoids the need to invest capital in equipment. Ownership rests in the hands of the financial institution or leasing company, while the business has the actual use of it.
Equipment Rental
Rental is perfect for businesses that want to keep their options open. We offer a 12 month rental period so your business has the options to
- purchase the commercial equipment at any time during the first 12 months and receive a 75% net rental rebate;
- return the equipment at the end of the 12 month agreement, if you no longer need it;
- continue to rent – and we’ll simply continue to reduce your purchase price.
Apply for Equipment Finance
Gold Coast Finance has access to a large number of lenders from the main stream major banks to the non conforming and second tiered lenders.
Speak with our Equipment Finance specialist today and let us arrange a quote on 07 5532 6951 or apply for an equipment loan now.
