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Business Finance | Equipment Finance

Supplier: Global Capital Commercial

Global Capital business finance can arrange tailored business equipment finance and asset finance solutions to meet any type of asset class.

Price Guide: POA

Global Capital Commercial provide a range of equipment finance services such as:

Operating Lease/Rental: An Operating Lease transaction is not recorded on the balance sheet of the lessee. The risk of ownership rests with the lessor. The lessee therefore enjoys the benefits of use of the asset without the responsibility of ownership. An Operating Lease is essentially a rental. Under an Operating Lease the depreciation benefits accrue to the lessor.

Finance Lease: An agreement that covers most of the useful life of the asset and is based on the lessee guaranteeing the residual value of the leased asset at the end of the term. The lessee bears the responsibility of ownership and the value of the goods is shown on the lessee's balance sheet minus depreciation.

Commercial Hire Purchase: Ownership of the goods rests with the lender but gives the borrower the chance to purchase the asset with a balloon payment at the end of the term. Just as with the Finance Lease the asset appears on the lessee's balance sheet minus depreciation.

Novated Leases: A novated lease agreement is a lease whereby an employee leases a piece of equipment then sub-leases it to their employer who pays the lease rentals. Note this facility is only available for motor vehicles.

Chattel Mortgage: Similar arrangement to a hire purchase but with specific GST benefits, which in certain circumstances will allow the entire GST proportion, be claimed in the first BAS period after purchase. Loan structure can be tailored in a similar fashion to a CHP or finance lease.

Revolving Credit Facility: This facility provides for a no obligation revolving credit line that may be renegotiated at any time. The credit line is established to cater for the needs of a customer for a period of six months to one year without the need for multiple applications.

Equipment financed includes:

  • Office equipment
  • Industrial machinery
  • Commercial motor vehicles
  • Medical equipment
  • Earthmoving equipment
  • Aircraft
  • Manufacturing plants
  • Software
  • Passenger vehicles
  • Trucks
  • Gaming
  • Water filtration
  • Compressors and generators
  • Commercial laundry
  • Forklifts and material handling
  • Retail systems
  • GPS systems
  • Printing equipment
  • Professional photography equipment
  • Printing
  • Machinery
  • Golf carts, ride on mowers, industrial sweepers, cleaning machines