
Earthmoving Finance Solutions
You’ve spent the time to find the right equipment – yet too often the important decision of where and how to fund that purchase is neglected. structure is crucial. Some key questions to address are:
- Do you need a Chattel Mortgage because you’re on a cash basis for GST or is a CHP better suited to save on Stamp Duty?
- Do you need a balloon to better match your cashflow to income?
- Are you planning to turn the machine over quickly & need a lender who won’t penalise you for early payout?
- How do you put forward the right application & information to prospective lenders to ensure approval?
These are all critical issues for your business – so don’t chance it to a home loan broker or banker who can’t understand your business. Speak to Tracfin & make sure you get the right deal, at the right price & the right response.
