Buying a Vehicle

Why are we different?

• Because EasyBizFinance has firstly been developed by people with a chartered accounting background, and secondly with a finance background.
• We’ve all been in business, and have firsthand experience as to how difficult it is to get good, solid and practical equipment finance that won’t cost you your profit.

How does it work?

• You chose the car, van, truck, lorry, ute, bike or whichever vehicle your business needs and obtain an invoice from the dealer.
• We’ll pay the invoice and in some cases you may qualify for a low doc vehicle loan.
• You enter into a contract to repay or rent the vehicle over a set period of time, normally 24, 36, 48 or 60 months.
• The monthly payments will be dependent on the term you chose and whether the vehicle has a balloon payment (upfront payment) and/or a residual payment (balance left at the end of the term).

Why is it good for you?

• Offset the payments for owning an asset over 2, 3 or 4 years against your future income rather than paying for it upfront.
• Get immediate access and benefit of the equipment in your business.
• The repayments may be tax deductable.
• Have experienced accountants review your business for free.
• How much does it cost?
• For every $100 we lend you, it will cost you 83 cents* pa.

How easy is it to be approved?

• It’s easy to get approved when you work with a group who understands the needs of small and medium-sized businesses.
• Over 96% of businesses who we have accepted an application from have been approved – the chances are on your side.

*Cost will depend upon the interest rate and the term upon which the vehicle is purchased/rented over and if there is any residual value. The above price is calculated on an interest rate of 9.5% over 4 years with 30% residual.