Lease the goods you need today without an impact on your balance sheet. Buy or trade the goods at the end of the lease. The goods being purchased are normally sufficient to use as security without the need to tie up your other business assets, so there is no capital outlay to your business, which frees up your cash flow.
- Repayments can be monthly, quarterly, semi-annually, annually, seasonally or irregular.
- Loan terms are typically 1 to 5 years, but you can match your finance to the length of time the asset is required.
- Lease payments are fixed so you can budget your cash flow.
- Make lease payments from your own bank account by direct debit or via BPAY.
There may be tax benefits of claiming the lease payment if the car or equipment financed is used to produce assessable income. You need to discuss this with your accountant.
Why CPI Finance
CPI Finance has the experience to guide you through matching your lease term to the expected life cycle of your business. Additionally, we have access to a range of lenders to find you the right solution.
“You should align the term and residual of the finance lease to the contract or expected life of the asset in your business. Talk to CPI Finance as we can go through the options with you”.