Over the last 5 years, an increasing number of customers are applying for finance via online sources. There has been a definite shift from the traditional method of walking into the local bank to discuss funding options as has previously been done for many years. In times past, customers had access to only major lending…
When Business Owners are looking to purchase an additional drill rig for their business, they need to consider drilling rig finance for a new or second hand unit. On face value, it may be thought that financing a second hand unit could be the cheaper option, however this may not be the case. If a…
Clients often call to enquire as to the process and timeframes when obtaining Truck and Heavy Equipment Finance. We have compiled a simple flow chart below outlining our simple application process for our 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…
