Stand alone finance for vehicles, plant and equipment.
With a Credit Sale Agreement your other credit arrangements remain unaffected. There is no need to tie up existing bank lines. You get immediate use of the equipment, while freeing up cash reserves for more profitable investments.
Normally you pay a deposit and the balance is repaid by regular instalments over a specified period. During this time you enjoy the possession and use of the asset with title passing to you as soon as the asset is repaid in full.
Terms 12-60 months
Only security required is the asset being purchased
Depreciation and interest are tax deductible.
Asset ownership to you on completion of the agreement
Repayments tailored to suit your individual circumstances or cash flow
Stand alone transaction which is simple to arrange
Collateral security is not usually required
Interest rate is normally fixed for the term of the agreement
Cash reserves can be used for more profitable areas of the business