If you are running a business, you can’t afford the time to go hunting through all the different lenders and loan products to get the best deal. When you need a loan for your business, ANYFIN is the best partner you can find.
With ANYFIN you’ll have your own business finance specialist who will help you find a loan without any down-time leading to loss of income.
- We have NO APPLICATION FEES*
- Access to several different lenders
- We find the lowest cost loan, or the best full-featured loan
- Low Doc – no Doc leases and loans.
- Contact us to find out our latest business loan rates.
Low Doc – No Doc Loans
This option is attractive to business owners who don’t have the most up-to-date financials prepared for their business. Or, when simply gathering and suppling all of your business financials is just too difficult.
We specialise in non conforming loans – our customers want convenience, and we help them with Low Doc and No Doc loans, to get the vehicle or equipment they need.
Commercial Hire Purchase
This finance product is preferred for businesses who use an accrual based accounting system to finance their vehicles and equipment; or by individuals who also use their vehicle at work.
With commercial hire purchase, your payments can be tailored by choosing different term lengths – up to 5 years is common. You can also vary the repayments with a larger deposit or a larger final instalment.
The interest rate is fixed for the term of the loan, and if the vehicle is used in your business, the interest charges and depreciation on the asset may be tax deductible and GST may also be claimed**.
This finance is preferred by businesses on cash based accounting. With a Chattel Mortgage, you own the asset and your payments can be tailored by choosing different term lengths – up to 5 years is common. You can also vary the repayments with a larger deposit or a larger final instalment.
Most commonly used by businesses, this product allows the customer to use up-to-date vehicles and equipment without tying up large amounts of capital.
The lease can be tailored with rentals in advance or arrears, flexible terms (up to five years) and a residual value that is set to reflect the asset’s use and ATO guidelines. GST may be claimed**.
Not all loans last their intended life – there can be many reasons why they finish early. You might want to sell a vehicle and upgrade, or you might want to lower the repayments on an existing vehicle to have more cash-flow in your business. In either situation you will need to refinance your loan. It might be with the original lender, however often we can get a better deal from another lender bidding for your business.
Apply now and your ANYFIN personal finance assistant will get your business moving!
*No application fee/s are charged by ANYFIN and the credit providers we use for receiving or processing an application for finance, however, there may be varying finance and brokerage fees depending on the lender and loan facility sought should you proceed with the finance approval obtained by ANYFIN. ** As always speak to your accountant regarding your tax circumstances.