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Business Asset Finance

With access to over 40 lenders, we specialise in customising asset loans to suit your specific business needs. Whether you need to purchase commercial vehicles or equipment We source BETTER terms and repayments to match your  business requirements

Business asset finance: Powering your asset acquisition

At Better Money, we understand that acquiring business assets like cars, boats, and vehicles is essential for your business operations. Our business asset finance solutions are designed to make asset acquisition seamless and cost-effective. Let’s explore how we can help your business acquire the assets it needs to thrive.

Introduction to business asset finance

Fuelling business growth with assets

Asset finance is a type of secured business loan designed for purchasing vehicles and equipment. In this arrangement, the lender provides funds for the purchase, and the vehicle itself serves as collateral. It’s a popular choice for businesses looking to expand their fleet without tying up significant capital.

Why choose business asset finance

Business asset finance offers several advantages, including:

  • Asset acquisition: Secure the assets your business needs to operate efficiently.
  • Capital preservation: Maintain liquidity for other operational needs.
  • Tax benefits: Potentially deduct interest and depreciation on assets.
  • Immediate ownership: You own the asset from day one.

Why choose Better Money for business asset finance

Your partner in asset acquisition

Better Money is your trusted choice for business asset finance, and here’s why:

Industry Expertise:

We specialize in crafting tailored financing solutions for asset acquisition.

Easy 90-Second Online Application:

Our online application is designed to save you time and hassle, it takes just 90 seconds to complete.

No Impact on Your Credit File:

Worried about the impact of a credit check? With Better Money, your credit file remains untouched during the initial application, safeguarding your credit score.

Access to a Diverse Panel of Over 40 Lenders:

We leverage our extensive network of lenders to match you with the most suitable financing options, ensuring you always get BETTER options.

Powering your business with assets

With Better Money as your partner, you’ll have the financial tools needed to acquire the assets essential for your business operations.

How asset finance works

Navigating the path to asset ownership

Understanding how business asset finance works is crucial:

  • You select the vehicle or equipment you wish to purchase.
  • The lender provides the funds for the purchase.
  • You make regular repayments, including interest, over the loan term.
  • Once the loan is fully repaid, you gain clear ownership of the vehicle.

Key features and benefits

Turbocharge your business

Asset finance comes equipped with key features and benefits, such as:

  • Fixed interest rates: Enjoy stable, predictable repayments.
  • Flexible loan terms: Tailor the loan to match your business cycle.
  • Potential tax benefits: Consult with your tax advisor to explore deductions.

Enhancing operational efficiency

Business asset finance offers:

  • The ability to acquire state-of-the-art assets.
  • Improved productivity and operational efficiency.
  • The capacity to meet growing demand without straining finances.
  • Improved cash flow management.
  • Full ownership rights from the beginning.
  • The ability to claim GST input tax credits.

Common Uses of Business Asset Finance

Versatility for Your Business

Business asset finance can be used for various purposes, including:

  • Expanding your fleet with commercial vehicles.
  • Enhancing the leisure and hospitality aspects of your business with boats.
  • Expanding watercraft fleets such as fishing vessels

Discover how business asset finance can support your business’s asset acquisition goals.

Eligibility Criteria

Who Qualifies for Business Asset Finance

Eligibility for business asset finance may include:

  • Proof of business ownership and registration.
  • A clear understanding of the assets required and their intended use.
  • Details about the assets to be financed.
  • A minimum business operating history (Usually at least six months).

Our team at Better Money can guide you through the eligibility process.

Application Process

Streamlining Asset Acquisition

Applying for business asset finance with Better Money is straightforward:

  • Begin by completing our user-friendly online application.
  • Provide details about the assets your business wishes to finance.
  • Let us navigate the lending landscape to provide you with Better options
  • Upon approval, you can proceed to acquire the assets needed for your operations.

We handle it, so you can get on with it!

Our mission at Better Money is to empower your business by providing finance to maintain your competitive edge. Whether you’re expanding your fleet, upgrading equipment, or outfitting your office, asset finance offers a flexible and powerful financing solution. Don’t let asset acquisition hold your business back. With Better Money you can own the assets you need to drive growth and success.