Purchasing business vehicles and equipment

Whether you’re looking to finance a new vehicle, a harvester, coffee machine, office equipment and computers or need to update your manufacturing plant, our Business Finance Solutions can help.

Our Vehicle & Equipment Finance products are an effective way of acquiring equipment and offer you a range of repayment and term options to suit your needs. Our range of finance solutions include:

What equipment can I finance?

Our Vehicle & Equipment Finance Solutions can be used to acquire a broad range of equipment used in your business including:

Also don’t forget to check out our Iden Car Buying Service

Equipment

What finance option best suits my needs?

Once you have decided what vehicle or equipment you need, the next step is to work out how to finance it.

Vehicles:

Depending on whether the vehicle is being used predominantly for personal or business use, will determine if you require a consumer loan or a business finance product such as Hire Purchase, Finance Lease or Chattel Mortgage.

If you want to purchase a vehicle and use it predominantly for Private use, Iden Money can offer you an Iden Money Car Loan or a Personal Loan for any other worthwhile purpose including home renovations, taking a holiday or consolidating your debts

Equipment:

Depending on whether your business wants to lease or own the equipment will determine the type of product you should consider.

If you use the asset to generate assessable income, the interest payments and equipment depreciation costs are normally tax deductible. Repayments can also be structured to meet your business cash flow (eg. monthly, quarterly, annually or seasonal).

For more information: