Commercial Finance
Every business is different and at Lotus Finance Group, we celebrate that. We work with you to compare and create the best commercial finance solutions to match your specific needs. Whether you are looking to expand, need a short term business loan, or free up working capital, talk to us today.
Equipment Finance
We can offer competitive and potentially tax effective ways of financing a broad range of categories, including:
- Agricultural Equipment and Farming
- Construction
- Earth-moving and Infrastructure
- Heavy Industry and Engineering
- IT and Communication
- Business fleet passenger and commercial vehicles
- Trucks and trailers
Equipment finance is becoming an increasingly essential tool for businesses looking to make the best of their available resources while minimising risk and the impact on business cash flow.
For equipment purchases of $100,000 or more, there is an *option to lock-in an interest rate for up to 3 months in advance of equipment delivery. *Available for approved applicants.
Business Loans
Businesses today need flexibility to start, grow, or even survive in a competitive world.
Change is inevitable. You need to be confident that you can meet challenges and seize opportunities, as they arise.
Part of that confidence can come from knowing that we will work with you to sustain and grow your business, by getting to know your unique requirements and circumstances, whether you are:
- Planning and starting a new business
- Growing or diversifying an existing business
- Embarking on infrastructure purchasing, upgrades or refurbishment
- Underpinning day to day capital requirements
A brief overview of some of the more popular business finance product options follows.
Contact us for a no-obligation, stress-free chat.
Chattel Mortgage
A flexible finance option where the title of an asset (often a vehicle) purchased passes to the buyer and Lotus Finance Group registers a mortgage as security over the loan.
An initial deposit or trade-in may be included to reduce payments.
At the end of the contract term, the mortgage is removed, giving clear title.
Finance Lease
Under a Finance lease, Lotus Finance Group purchases an asset and makes it available via a lease agreement for a set term and rental fee.
Lotus Finance Group retains ownership of the asset and may claim depreciation, while the leasee is able to claim tax deductions for the lease payments.
At the end of the lease term, Lotus Finance Group can either retain and sell the asset, or make it available for purchase to the Leasee.
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