Discover how our commercial asset finance brokers can help you.
Explore the diverse financing solutions our commercial asset finance brokers offer to propel your business forward. Specialising in a range of loan options, our team is adept at finding the right assets and equipment finance that aligns with your business’s unique needs and objectives.
With a chattel mortgage, the asset being purchased is the collateral for a loan. Unlike a mortgage on real property, a chattel mortgage is for movable property, such as a vehicle or factory machinery.
With a chattel mortgage, the lender can take the asset and liquidate it if the borrower is not able to make repayments.
Under a hire purchase, a business leases an asset from a provider who purchases the asset and agrees to lease it to the business. Throughout the life of the lease, the provider owns the asset and is responsible for repairs, maintenance and insurance.
The business makes ongoing payments to the asset provider during the lease period for the use of the asset. The business takes ownership of the asset at the end of the lease period.
Low doc loan
A low doc, or self-declaration loan is, for all intents and purposes, functionally the same as a standard doc commercial product. The only difference is the criteria businesses are required to meet to qualify for a low-doc loan.
The criteria typically revolves around the length of ABN and GST registration as well as property ownership. These loans allow lenders to fast-track applications for strong, established businesses.
Sale & Buyback
This type of equipment finance is where a loan is raised (by way of lease, chattel mortgage, or hire purchase) against an asset that is owned outright and free from any encumbrance.
This frees up cash to the business in the short term, and allows continued use of the asset, as not to hinder the business.
Why Choose Inovayt for Your Asset Finance Needs?
- Expert Asset Finance Providers: As seasoned asset finance providers, we understand the importance of acquiring the right assets for your business’s growth and efficiency. We offer expert guidance to ensure you make informed financial decisions.
- Tailored Commercial Asset Finance: Our commercial asset finance solutions are customised to fit your unique business requirements. Whether you’re a small start-up or a large corporation, our financial products are designed to align with your specific needs.
- Fast Asset Finance Solutions: We recognise that time is crucial in business. Our fast asset finance options ensure that you get timely access to funding, enabling quick acquisition of essential business assets.
- Diverse Range of Asset Finance Options: From heavy machinery to office equipment, our wide range of asset finance solutions covers various types of assets, providing the flexibility your business needs to thrive.
- Experienced Asset Finance Broker: Our team of asset finance brokers possesses the expertise to navigate complex financing scenarios, ensuring you get the best deals and terms in the market.
- Business Asset Finance Made Easy: We simplify the process of asset financing for your business. From application to approval, our streamlined procedures make acquiring business assets a hassle-free experience.
Chattel Mortgage Solutions
A chattel mortgage represents a flexible financing option where the asset you purchase serves as collateral for the loan. This type of mortgage is particularly suited for movable property, such as vehicles or factory machinery, offering a practical solution for businesses looking to acquire essential assets. In the event of non-repayment, the lender has the right to take and liquidate the asset to recover the loan amount. With Inovayt’s expertise in commercial asset finance and chattel mortgages, we ensure you have the financial backing to grow and thrive.
Partner with Inovayt, your trusted asset finance broker, and take advantage of our comprehensive asset finance solutions to drive your business forward. Whether you’re looking to expand, upgrade, or simply manage cash flow effectively, our tailored finance options are designed to meet your business goals. Connect with us today and propel your business to new heights with Inovayt’s asset finance expertise.
Explore Our Range of Services at Inovayt
Inovayt offers a comprehensive suite of financial services, ensuring that whether you’re an individual or a business, you have access to expert advice and tailored financial solutions.
- Business Mortgage Brokers: Our team of business mortgage brokers specialises in securing commercial property loans. Whether you’re looking to purchase, refinance, or develop, we provide customised mortgage solutions that align with your business strategy and financial goals.
- Vehicle and Equipment Financing: We understand the importance of having the right tools and vehicles for your business operations. Our vehicle and equipment financing options are designed to help you acquire necessary assets efficiently, with flexible terms and competitive rates.
- Home Loan Broker Services: As experienced home loan brokers, we guide you through the complex process of buying or refinancing a home. Our personalised approach ensures that you find the right mortgage product that fits your individual needs and financial situation.
Finance Investment Advisor: Our finance investment advisors are dedicated to helping you grow and manage your wealth. From investment strategies to retirement planning, we offer comprehensive advice to maximise your financial potential and secure your future.Read Less
The tools, equipment and machinery your business uses are some of its most important assets. This can be anything from a tradie’s tools, office computers, work vehicles and equipment, or even specialised machinery. A business’s operation and profitability can often depend on the performance of its equipment, so if the opportunity is there, purchasing new equipment can increase both efficiency and profitability.
Trade financing is a way for businesses to borrow money against their own purchase orders. The lender will pay for the purchase, and the business will have 120 days to pay the lender back. The facility allows businesses to set payment terms that are favourable to them (when there aren’t any terms that are available). It also allows businesses to order larger amounts of stock/inventory, which helps achieve cheaper prices on their cost price, in turn increasing the margins on their products.
Debtor financing (also known as invoice financing) is a way for businesses to borrow money against the amounts due from customers. This advance can be used to improve cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could if they had to wait until their customers paid their balances in full.
Growing businesses with extended cash cycles and directors that want to keep business and personal matters separate can benefit most from this type of business finance. Instead of having to wait for your customers to pay, you can release the capital tied up in your sales invoices and reinvest in your business without using funding that is secured against your personal property to help manage your business.
This refinancing option allows you to refinance the balloon payment at the end of your equipment loan to smaller payments rather than paying a lump sum. Our team works with you to find the best solution for your business.
Asset & Equipment Calculator
Our asset and equipment calculator can help you understand your financing requirements so you can purchase your new business asset sooner.
Frequently Asked Questions
Asset financing allows you to secure access the equipment, machinery, vehicles, and other assets you may need without the sizeable cost of purchasing the asset upfront. You can maintain liquidity and invest the funds in other areas of your business that will help the company to grow faster.
We work with a large variety of lenders, we will find the best suited lender for your needs and match you with them to achieve desirable outcomes.
This depends on your situation, however we will start working with lenders as soon as possible, to ensure your business isn’t hindered when you require new assets.
Find a Inovayt Asset Broker near you
The benefits of asset finance with Inovayt
We work in tandem with our clients around their busy schedules and lifestyles. We are always available to discuss your goals and financial plans.
We are solutions driven and motivated to achieve your business goals. We take pride in delivering results to our clients.