Equipment Finance

CredSol can provide you with the perfect solution for your equipment finance needs. Our team exactly knows how to cater your need and provide you with a solution that helps you to grow competitively. 

We are providing herewith the options along with their structure and relevant merits when considering a purchase of an asset through finance.

HIRE PURCHASE - OR CONDITIONAL PURCHASE AGREEMENT
Structure Merits
Financing of a new Vehicle/Truck/asset Allows business to use cash productively
Terms from 3 to 7 years Allows company to maintain existing credit lines
Security is the asset being acquired Builds equity in the asset
Fixed interest rate  
   
FINANCE LEASE OR LEASE TO OWN
Structure Merits
Terms from 3 to 7 years Residual value can more genuinely reflect assets life
Security is solely against the asset being leased No unexpected GST payment
Residual values available to reduce monthly payments GST efficient
GST neutral – paid and claimed monthly