Asset finance is for the purchase of assets in exchange for a security interest in those assets. The most common kind of asset financing is to extend loans to purchase company cars, or income producing machinery, plant and equipment.

What are the benefits?

Security is usually the asset itself – preserving access to working     capital credit lines.


No upfront deposit usually needed, which means you can use your     working capital for other core business needs.

Equity – by taking equity in the equipment through a trade in or     deposit you can reduce the amount funded and therefore the total     interest paid.

Input tax credits and tax deductions – provided you are registered for     GST, you should be entitled to claim an input tax credit for GST     included in the price of the asset acquired. Furthermore, the interest     you pay plus the depreciation of the asset should be tax deductible     to the extent the asset is used in your business.

Tailored to match your cash flow – interest charging cycles and repayment cycles aligned with your anticipated cash flow.

Simplicity – loan repayments will be automatically debited from your nominated account.

What can Assetfin provide?

High speed financing – approval normally within 24hrs.
Choice of interest rate types.
Choice of repayment options.
Financing solutions that allow you to own the asset.
The experience and resources to finance assets for all types of business, asset and asset class.