Cash Flow Business Loanss4qj5C5ylt2020-08-12T00:00:14+00:00
Cash Flow Business Loans
Cash-flow loans: we have access to up to 5-year terms cash in your bank. Smart business loans for start-ups and existing businesses. Overdrafts and lines of credit up to 500k. Fixed term business loans from 1 to 15 years. Property secured or unsecured options. Variable and fixed interest. Compare commercial finance with other lenders.
Term of a lease can be from 12 months to 60 months.
The interest is set at a fixed rate.
The ownership of the asset will be transferred when the final payment or the residual payment is made.
Payments can be made weekly, monthly.
There must be residual payment at the end of the term.
The asset if financed 100%.
The full payment can be claimed as a tax deduction.
The lender claims the GST on the purchase.
The customer can claim the GST in the weekly/monthly payments and the residual.
The ATO guidelines govern the residual amounts and terms of the Finance Lease.
Finance Leases are looked at as off-balance sheet lending.
100% of the payments can be claimed as a deduction.
The residual can be paid out by the customer at the end of the term, or it can be refinanced into another loan. Alternatively, the residual could be paid out at the dealer when upgrading to a newer model.