Get the latest equipment and vehicles with no capital outlay. Suited to businesses that need to finance income producing equipment or vehicles and want to preserve their working capital.
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| Benefits |
- Security is usually the asset itself – preserving access to working capital credit lines.
- Keeping your business up-to-date – leasing allows you to regularly make use of the latest technology and most efficient vehicles, plant and equipment.
- No capital outlay – no up front deposit needed, which means you can use your working capital for other core business needs.
- Get the real value out of your equipment – leasing terms are structured to allow for the residual value at the end of the term to reflect the equipment’s expected useful life.
- Tax deductible – generally the rental is deductible to the extent the asset is used in your business.
- End of term value is attributed to the asset – thus reducing the cash flow impost (as opposed o standard banking lines).
- Tailoring to match your cash flow – rental cycles aligned with your anticipated cash flow.
- Simplicity – rentals will be automatically debited from your nominated business account.
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| Features |
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Most depreciable assets can be funded
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Choice of interest rate type
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Choice of rental payment options
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NAB owns the asset and leases it to you
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Related options:
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