Unfortunately, some finance brokers / finance companies quote unrealistic or false interest rates to customers in an attempt to make a finance proposal look more attractive than what it actually is. Interest rate is not the biggest influence on monthly payments relating to truck and heavy equipment finance. It is for this reason, that customers…
When we advise clients that payments may not differ greatly between financing an older truck as opposed to a newer truck – they are often quite surprised. Below is an example as to why this may be the case. Asset Type Finance Amount Term Balloon Payments 2004 Prime Mover $80,000 3 years NIL $2,500 pm…
Our office regularly receives phone calls from potential clients seeking information on how to finance a truck when starting a new business. Below is a list of requirements and considerations when looking to finance a truck for those looking to become an owner driver. 1 – Has an Australian Business Number been Registered? Is it…