Commercial Hire Purchase is a sensible approach for any business or individual that needs to either upgrade or acquire a new or used Vehicle. Regular payments are made over the term you choose. Full ownership of the Vehicle is transferred to you when all the payments have been made.

Flexibility is an attractive feature of Commercial Hire Purchase. You can choose to finance the total purchase price, use a deposit or trade-in or add a final lump sum balloon payment to reduce the loan repayments.

Under a Commercial Hire Purchase agreement you do not become owner of the Vehicle until all monies owed under the agreement are paid. However, you can still claim a tax deduction for the depreciation on the Vehicle as well as the interest component of the loan repayments where the Vehicle is used for business related purposes. In addition, GST is not payable on the Commercial Hire Purchase repayments.

Consider these benefits:

• The repayments are fixed over the term of the Commercial Hire Purchase
• You can structure the repayments with or without a balloon
• Minimum capital outlay
• Repayments are flexible
• The repayments are exempt from GST
• Flexible terms from 12 months to 60 months to match your individual requirements

You can finance any Vehicle new or used vehicle, plant and equipment of reasonable age and condition. The amount financed can also include your on-road charges and Insurance.

If you are happy to proceed with SGE Financial Services, or you may have some questions, the first steps are to organise your quotes and finance pre-approval. Simply, this is done over the telephone taking as little as ten minutes, or alternatively we have supplied links on this website to send your enquiry directly to us.

Once we have established the best finance solution, and you want to proceed, the standard finance process usually follows:

• Application
• Vehicle procurement / sourcing / ordering
• Documentation preparation
• Settlement
• Vehicle Delivery

To give yourself the best chance of getting finance approval, we recommend that you deal with one finance company at a time to avoid unnecessary hits on your credit file. Our quotes and pre- approval service is obligation free and you are not committed to us in any way until you decide to proceed.

To find out more, call 1300 733 990 now!