Low Doc Plant & Equipment Finance
Bulldozers and excavators may now be considered under the Yellow Goods Replacement Policy.
Low Doc Business Equipment Finance for upgrades still available in 2012
No Financials
Are your looking to replace or upgrade an existing piece of financed equipment?
We can help when it comes to your equipment finance needs.
Key Features & Criteria
• Available for mainstream financiers’* customers with good credit history and $200K surplus in net tangible assets (at fair market value)
• Business needs to have been established for at least 3 years
• Age of goods: new to 2 years old
• Goods must be like for like (same type of equipment completing the same type of work)
• Net outstandings must be < $500k
• Repayments may increase by up to 25% from original transaction
Assets include :-
Trucks and Buses
Earthmoving
Trailers
Motor Vehicles
*Mainstream financiers as listed below:-
- Adelaide Bank
- ANZ Bank
- Bank of Queensland
- Bank of SA
- Bankwest/Capital Finance
- Bendigo Bank
- Cat Finance
- Commonwealth Bank/CBFC
- Daimler Chrysler
- Fleet Partners
- GE/Genesis
- HSBC Bank
- Macquarie
- National Australia Bank
- Orix
- Paccar
- Rabo Bank
- St George Bank
- Suncorp Metway
- Toyota Financial Services
- Westpac
