Allied Leasing can arrange finance for consumer and commercial car loans, vehicle, equipment and asset finance and leases. We can assist you to finance your plant and equipment upgrades with a range of loan options that can be easily designed to suit your cash flow.
Whether your business is large or small, whatever your industry, our equipment finance team can help with all types of operating leases and equipment rental.
Because we take the time to listen and understand your business and asset strategy, we can structure the deal according to your objectives. This gives you the flexibility to grow without excessive strain on the lifeblood of your business – your cash.
Chattel mortgage is an ideal way for individual business customers to maximise the taxation benefits gained from financing new plant & equipment. It is designed for those sole traders and partnerships who account for their business operations on a cash basis and can be used for purchasing a new equipment or upgrading existing equipment.
Commercial hire purchase agreements are typically used by individual business customers who wish to place a deposit into their finance contract or nominate the value of the balloon (final instalment) on their contract. This type of contract offers maximum flexibility to set the monthly repayment amount to suit individual circumstances.
Consumer car loans
A car loan is suitable when the vehicle is used wholly or predominantly for private purposes. This means that the vehicle is used privately for more than 50% of the time. The motor vehicle is the only security needed, although in some circumstances a guarantee may also be required.
The loan term and balloon payment can be tailored to suit individual circumstances.
Types of vehicles we finance
Allied Leasing can arrange finance for cars, boats, motorbikes, jet skis and other registrable items. The most common form of financing is through a secured loan. The asset purchased is used by the lender as security for the loan often allowing a lower interest rate in return.
Secured loans (consumer mortgages) are designed for people purchasing for private use. Our products include chattel mortgage, hire purchase, novated leases and consumer car loans.
Leasing, hire purchase and chattel mortgage loans are available for vehicles used for at least 50% business needs.
At Allied Leasing we make sure the client application meets all lending criteria to provide the best chance of securing approval.