Finance Lease

Summary: 

With a Finance Lease, you can utilise new equipment for your business, without any capital outlay or ownership obligation. We offer 100% financing, with repayments to suit your cash flow. The facility is structured with a residual payment, and the interest rate is fixed for the term of the lease. You may even be able to claim an input tax credit, and as long as the equipment is used solely for business use, the repayments may be tax deductible.*

At Suncorp we also offer luxury car leases for vehicles above the ATO threshold^ and novated leases for employee salary packaging.

CTA: 
Fianance Lease
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13 11 75
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Features

Finance
  • Suncorp finances 100% of the equipment.
Term
  • 1 to 5 years.
Residual
  • This is a lump sum payment based on the value of the equipment at the end of the Lease. The value is based on Australian Taxation Guidelines and agreed when the contract was signed.
Equipment
  • Suncorp can finance a range of equipment requirements for your business, including specialist equipment and business vehicles. We can also provide finance for vehicles whose value exceeds the Luxury Car threshold.
GST
  • This product attracts GST.
Security
  • Security is usually taken over the equipment that is financed.

Fees

Establishment Fees
  • $300.00 (minimum, this price includes GST)
Other fees and government charges associated with each Lease will vary depending on the state you are in, the vendor of the goods being purchased, the amount of finance involved, and any Federal government charges.
  • Please contact your Equipment Finance Specialist on 13 11 75 for more information.

Important Information

^$57,180 is the luxury car tax threshold limit for the tax year 2008/2009, it may change for subsequent tax years.

Equipment Finance products are offered by Suncorp Metway Advances Corporation Pty Ltd ABN 89 100 845 127. The above information is for approved applicants only and subject to terms and conditions. For a copy of the terms and conditions please call 13 11 75.

This is not business, financial, legal or taxation (including GST) advice. Get independent advice on how the Asset Purchase might impact your business, financial, legal or taxation position.