Finance List

Loan & Goods Mortgage

Mon, 05 Oct 2015 07:35:48 GMT

Loan and Goods Mortgage enables you to immediately receive the benefits of vehicle ownership upon purchase. While CNH Industrial Capital holds a mortgage over the vehicle for the duration of the loan.

Features

Fixed interest rate for the term of the loan

You decide the deposit and payment structures to suit your individual requirements

You can propose a balloon or final payment entirely tailored to you

You may be able to claim GST as an input tax credit in your Business Activity Statement

As you hold ownership of the vehicle, you may be able to claim depreciation and interest costs as tax-deductible expenses

Commercial Hire Purchase

Mon, 05 Oct 2015 07:35:48 GMT

Commercial Hire Purchase is designed for business customers who want to own their vehicle outright at the end of the agreement but want to preserve working capital in the meantime.

Features

While this product gives you the benefit of preserving your working capital as you pay off the vehicle, you are still considered the owner for tax and accounting purposes

Complete ownership of the vehicle will pass once final payment is made

You may be able to claim GST as an input tax credit in your Business Activity Statement

As the owner of the vehicle, you may be able to claim depreciation and interest costs as tax-deductible expenses

A Commercial Hire Purchase will also help to build equity, which can then roll over into your next purchase, as well as allowing you to spread the cost of the purchase over a manageable period

You can tailor your payments to match your income cycles or seasonal requirements

Finance Lease

Mon, 05 Oct 2015 07:35:48 GMT

Choosing a Finance Lease is a good way to expand or update your vehicle without tying up working capital. CNH Industrial Capital purchases the vehicle and rents it back to you for an agreed period, at fixed rentals.

Features

The fixed underlying interest rate and fixed rentals for the term of the agreement make it easier on your budget because you know exactly how much you will be paying each month

Regular rentals may be able to be claimed as a tax-deductible business expense, provided the goods are solely used for business purposes

The Residual Value is set to reflect the usage of the vehicle and Australian Tax Office (ATO) guidelines. The Residual Value is due after the final rental is made

Active Plus

Mon, 05 Oct 2015 07:35:48 GMT

Powered by the strength of CNH Industrial Capital, the finance division of Iveco trucks, your business can take delivery of a new Iveco with the convenience of one monthly lease covering both your new Iveco truck and scheduled servicing.

- Customise Your Truck

Choose from one of Iveco’s many locally manufactured or fully imported medium and heavy duty truck models

- Choose Your Maintenance

Select the level of mechanical service and maintenance level that best suits you - there are four options to choose from

- Control Your Monthly Costs

Enjoy the benefits of knowing how much your truck and maintenance will be each month, there’s just one simple monthly cost

- Update Your Truck

And after 2, 3, 4 or 5 years, return to your Iveco dealer and get into the latest model truck

- Extend Your Warranty

For extra peace of mind, extended warranties are also available on top of Iveco’s generous standard warranties.