Morfin Group

CALL ANYTIME
Your Guide To

Asset Finance

MorFin Group

Home Loan
Commercial Finance
Business Loan
Refinance and Debt Consolidation
Investment Home Loan
Property Development Finance
SMSF Loan
Asset Finance
Asset Finance

Here are some key things to know about asset finance finance in Australia:

Asset finance is a type of financing used by Australian businesses to purchase assets, such as vehicles, machinery, equipment, and technology. Here are some key things to know about asset finance in Australia:

  • Purpose: : Asset finance is designed to help businesses purchase the assets they need to operate and grow, without tying up their cash flow or working capital.
  • Lenders: Asset finance is offered by banks, non-bank lenders, and other financial institutions in Australia.
  • Eligibility: Eligibility for asset finance in Australia depends on factors such as the borrower's creditworthiness, financial history, income, and the value of the assets being financed.
  • Interest rates: Interest rates on asset finance in Australia can vary depending on the lender, the type of loan, and the borrower's creditworthiness.
  • Fees: Asset finance in Australia can come with a range of fees, including application fees, documentation fees, and ongoing fees. It's important to factor in these costs when comparing different loan options.
  • Repayment terms: Repayment terms for asset finance in Australia can vary depending on the lender and the type of loan. Some loans may have a fixed repayment term, while others may have a flexible repayment schedule.
  • Security: Lenders in Australia generally require security for asset finance, such as the asset being financed or other assets.

Asset finance can be a flexible and cost-effective way for Australian businesses to acquire the assets they need to operate and grow without having to pay for them upfront. If you’re considering asset finance, we can help you to do your research and compare different lenders and loan products to find the best option for your needs and budget. We can be your trusted partner throughout the entire finance process and beyond. Get in touch with us today for a free consultation.

Scroll to Top