Leasing
Commercial Hire Purchase (CHP) Agreement provides funds for the
purchase of your vehicle/equipment which you hire over a set period of time
from your financier. At the end of the contract term when paid in full, the
customer takes ownership of vehicle /equipment.
Chattel Mortgage Agreement provides advanced funds to the customer
to purchase vehicle/equipment, which the customer takes ownership of at the
time of purchase. The financier then takes a mortgage over the vehicle as
security for the loan. Once the contract is complete, the mortgage is
removed giving the customer clear title to the vehicle/equipment.
Novated Leasing is a method of salary packaging a car, under which
an employee leases a car and the employer agrees to take on the employee's
obligations under the lease, paying the monthly lease rentals from the
employee's pre-tax income.
Operating Lease allows a form of long-term, fixed-price rental
where the lessee (operator) is responsible for maintaining the vehicle in
good condition.
To find out more information on how
Global Finance can assist you please
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