Interest Rates
/Interest rates for Equipment finance:
The following interest rates table disclose typical Interest rates for leasing applications depending on various lending and documentation options. Please also be advised that
- Rates are fixed for the term of the loan.
- Rates may vary depending on the degree of credit impairment and type of security being used.
- Please submit an online inquiry or give us a call to get a quote suited to your situation.
- Rates might be higher for shorter loan term. (Maximum Loan term is 60 months)
| Leasing Category | Interest rates |
|---|---|
| Full Doc clean credit | 3.99 % PA (above $100K for Yellow goods & Trucks 3Y Old) |
| Full Doc clean credit | from 4.35% PA |
| Full Doc Minor paid default | 6.25% PA ( 6.10 for loan above $100k) |
| Full Doc impaired | from 12% PA |
| Low Doc clean credit / Minor paid default | 7.25 up to $50K, (7.10% PA for loan up to $100k) |
| Low Doc Credit impaired | 19% PA |
| Equipment Lease Back | Full doc From 12% PA, Low Dc 19% PA for old equipments. |
| Personal Leasing ( 1 paid default) | 7.75% PA ( 9.25% PA for loan <$18,000) |
| No Doc Leasing / Rental | 6.4% to 25% PA |
New ABN OK
Old Equipment OK
Private Sale OK
Defaults, Credit impairment OK
No Deposit OK
Traditional, Non Bank and Private Lenders
Affordable Rent to Own Options also available
Fast Approval & Settlement
24/7 Nationwide Service
NO Doc available = Simple Cashflow Forecast
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