Suite 4, Level 1, 140 Keilor Rd,
Essendon North Vic 3041
Essendon North Vic 3041
03 9377 7000
Plant and Equipment Finance / Yellow Goods
Most depreciable assets used for business purposes are generally able to be financed, for example:
EARTHMOVING EQUIPMENT & YELLOW GOODSThese assets are considered good security by the lenders and age of the unit or the source of the equipment is not normally an issue.
HEAVY TRUCKS & PRIME MOVERS
A very specialized area of finance and the lenders look at these assets
very conservatively – we have many years experience in providing
finance to the
transport industry and can advise you on what to look
for, and look out for, when securing a truck.
OFFICE EQUIPMENT, COMPUTERS & FURNITURE
Normally these are seen as high obsolescence items so this type of
equipment is financed over much shorter terms than a vehicle or an
excavator.Normally this type of equipment has to be new as well- with a
very limited amount of lenders who will finance this equipment if it is second-hand.
FORKLIFTS
Very similar to
earthmoving equipment in that these assets are liked by the
underwriters-new or used, or from auction or private vendor, ranging
from small forklifts all the way up to reach stackers and empty
container handling forks.
COMMERCIAL SHOP OR OFFICE FIT-OUTS
Very difficult &
complex area of financing these days and the lenders are very
conservative on the amounts and nature of equipment they will finance.We
have extensive experience in co-ordinating complicated fit-out loans so
please do not hesitate to call us to discuss your requirements.
GENERAL INDUSTRIAL PLANT & EQUIPMENT
Things such as lathes, cranes, hoists, printing presses etc. are
all extremely finance-able items. On occasions unfortunately some of the
best equipment has to come from overseas,
and arranging a letter of
credit to import such a machine is one of our specialties.
Corporate Finance & Leasing is an authorised credit representative (CR 396988) of BLSSA Pty Ltd (Australian Credit Licence 391237).
