Let Our Asset Finance Specialist Compare The Most Suitable Funding Options
Securing the right equipment or vehicles can be essential to business growth, but paying for them outright can impact cash flow. CJG’s experienced asset finance broker can help you find tailored solutions that let you invest in the resources you need while keeping your working capital available for other priorities. Big or small, new or existing, we will source and secure the best possible option for your needs. Some of the solutions our business finance broker can help with include financing for:
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Specialised equipment and technology
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Insurance premium funding
Securing funds can unlock the door to vital equipment, tools and vehicles that allow room for your business to grow. Choosing the right lending structure means your business can move forward confidently, operating efficiently without draining cash reserves. In most cases, the equipment or vehicle itself is used as security for the loan, reducing the need to offer additional collateral.
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Talk to our expert team today to explore the options to grow your business without damaging cash flow.
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TYPES OF ASSET FINANCE WE CAN HELP WITH
Equipment Loans
An equipment loan helps you access essential tools and machinery while preserving cash for day-to-day operations. Our Equipment Finance Brokers can help you secure the tools, machinery and equipment your business needs to thrive and grow. It can be used to acquire a wide range of business equipment and machinery, including construction equipment, manufacturing machinery, medical devices, office technology, vehicles, computers, and more.
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Machinery Loans
Rather than tying up capital in large machinery purchases, businesses can spread the cost over time with structured repayments. We can help secure finance for everything from excavators and bulldozers to irrigation systems and CNC machines across industries such as construction, agriculture, and manufacturing.
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Commercial Vehicle Loans
If your business is dependent on vehicles, ensuring you have access to the right commercial vehicle finance can make the difference between being able to keep your business running efficiently or not.
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Types of Commercial Vehicles we can help secure finance for include:
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Commercial Trucks: This includes various types of trucks used for transporting goods, such as cargo vans, box trucks, semi-trucks (tractor-trailers), and specialized delivery vehicles.
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Buses: Financing is available for buses used in public transportation, charter services, schools, and other commercial applications.
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Construction Vehicles: Businesses in the construction industry often finance heavy equipment like dump trucks, excavators, bulldozers, and concrete mixers.
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Fleet Vehicles: Companies looking to maintain a fleet of vehicles for their operations, such as delivery companies or rental car agencies, can also benefit from commercial vehicle finance.
Common Loan Structures
When starting up or expanding their operations, business owners are sometimes faced with opportunities to increase production, scale up their scope or service area or begin to offer new services to meet rising interest in the work they do. They may need new machinery for a large project, an additional delivery vehicle, or more capable technologies. There are a few different types of equipment loans available for business purposes and we cover them in detail in the blog about the 4 main equipment finance options including the pros and cons of the various asset finance options.
Chattel Mortgage
With a chattel mortgage, the lender provides the complete funding to purchase equipment or vehicles. The lender then sets up a 'mortgage' on the asset, using it as the collateral and the Personal Property Securities Register to formalise the agreement. Once the business loan has been repaid to the lender over the agreed time, the lender no longer charges interest, and the business walks away with clear ownership.
Hire Purchase
When you acquire machinery or equipment through a hire purchase arrangement, you make regular payments over a fixed term and at the end of this period you take full ownership of the equipment.The provider is liable for all maintenance, repairs and operating insurance during the lease. When the lease ends, the payments to the provider finish and ownership transfers to you.
Lease Agreement
An asset lease arrangement sees the lender purchase the equipment item that a business needs, allowing them to utilise the equipment for a monthly payment within the lease terms. When the lease ends, you can pay an agreed amount to purchase the equipment from the lender, refinance to lease the equipment or opt to sell the equipment in favour of a newer model or solution.
Equipment Rental
In this arrangement, the financier acquires the asset, and the business owner can rent it from them for fixed payments over a defined term. At the end of the period, the business can return the asset, continue to rent it or buy it from the financier at its fair market value.
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These are only a handful of the asset finance options available. CJG Finance specialises in helping business owners leverage asset finance options to achieve their goals. We have access to a wide selection of lenders, which allows us to optimise for competitive interest rates and fast approvals. Talk to an experienced asset finance broker at CJG today to explore flexible asset finance solutions for your business growth.
Why Choose CJG Finance As Your
Asset Finance Broker?
Professional and efficient
Our asset finance broker always strives to deliver great customer service, responding quickly, professionally and efficiently and keeping you informed at all stages of the process, from the initial meeting to settlement and beyond.
More than a business finance broker
We see ourselves as more than just your asset finance broker. We take a holistic approach, exploring multiple finance options on your behalf and becoming your expert industry partners.
Industry experts
With years of industry experience and a diverse lending background, we are industry experts working with a range of clients from individual through to large corporate customers.
In your corner
We work for you, not the bank which means we are always in your corner, finding the best rates and loan terms, negotiating great deals, saving you time and money and taking the hassle out of the application process.
Relationship driven
Our asset finance broker specialist is relationship driven with the aim of building a long term relationship and becoming one of your trusted advisors, there to support you to achieve your financial goals.
Deliver great results
We strive for the best possible outcomes, meeting required deadlines. Our aim is always to deliver great results for our clients and we're proud to have 5 star customer feedback!
ASSET FINANCE SOLUTIONS: A CASE STUDY
Printing Business
Sandra's greeting card printing business has started to grow. She's just hired her second employee, registered for GST and is seeing an increase in sales. She recently received a call from a distributor in a different country that wanted to sell her cards. They want access to ten thousand cards per month. Great news! There's only one problem; Sandra's monthly printing capacity with her current equipment is three thousand cards. To keep up with the increased demand, she will need more powerful and fast printing machines and a new computer to operate them. The price tag for those upgrades is over fifty thousand dollars.
In Sandra's case, equipment finance options may allow her business to seize the new opportunity without draining all the cash from her business accounts at once.
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Frequently asked questions
Helping You Find The Right Funding For Your Property Development Project.