Asset Finance

Invest in new equipment or upgrade your business assets to grow your business.

Let's find the right asset finance solution for your business

Looking to secure new equipment, vehicles, or technology for your enterprise? Asset finance offers a smart way to acquire the assets you need without impacting your working capital.

Compared to traditional forms of finance, the benefits of asset finance can be substantial. You could enjoy advantages like avoiding depreciation, freeing up capital for other investments, improving cash flow with structured payments, and significantly reducing upfront costs.

Gwen is here to cut through the jargon and explain how asset finance can benefit your unique situation. We'll help you explore flexible options to get the assets you need, simply and effectively.

Our Simple Process to Grow Your Business with Asset Finance

It’s simple. We’ll find you the right asset finance solution that works in your best interest.

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1

Let's Connect & Discuss Your Needs

‍Get in touch with us to discuss your current business goals and the assets you're looking to acquire. We can chat in person or online – whatever works best for you.

2

Your Custom Finance Shortlist

We'll research our extensive panel of banks and lenders to create a tailored shortlist of asset finance solutions that perfectly match your business's unique requirements and objectives.

3

Getting Your Pre-Approval Ready

‍Once you've selected the best option from your shortlist, we'll efficiently guide you through the pre-approval process with your chosen lender, so you know exactly where you stand.

4

Time to Choose Your Assets!

‍With pre-approval in hand, it's time for you to confidently decide on the specific equipment or assets you need to run, grow, or expand your business.

5

Securing Your Asset Finance

‍We'll take care of all the necessary paperwork and liaise directly with your chosen lender to efficiently secure the finance for your new assets, making the process seamless for you.

6

You're Ready to Go!

‍The finance agreement is finalised, the asset is purchased, and it's all yours! You can now begin using your new asset to boost your business, without a significant upfront capital outlay.

Explore your loan options & their features.

Use these calculators to help you understand your borrowing power, calculate your loan repayments and determine how the numbers stack up.

Commercial hire purchase

Obtain the business equipment or car you need through a hire purchase loan, where you pay hire charges over a fixed period. As soon as all your hire purchase payments are complete, ownership of the asset is transferred to you.

Chattel mortgage

Commonly used by business owners and operators for car and equipment finance.  With a chattel mortgage, the asset is owned by you from the outset and the loan agreement is secured by the asset.

Finance lease

Finance leases are flexible leases for businesses wanting the option to buy at the end of the lease or hand back the asset.

Novated lease

A novated lease is one of the easiest and most cost-effective ways to buy and own a car. This way, the financier owns the asset, while you and your employer sign a novation agreement to share the responsibilities of the loan.

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Helpful calculators.

Explore your financial possibilities and understand potential costs with these handy calculators.

GST Calculator

Use this calculator to Add or Remove GST from an amount. Perfect for: Business owners calculating GST for invoices Accountants and bookkeepers Anyone needing to work out GST on transactions Understanding what portion of a price is GST

Calculate now

Frequently asked questions.

View our full FAQs
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How long does approval usually take in Logan or Gold Coast?

Depending on the lender, approvals can take 2–10 business days. We’ll prep your application to reduce delays.

How to choose a finance broker?

Choosing a finance broker involves several key considerations:

  • Experience: Look for brokers with a proven track record in the industry.
  • Reputation: Research reviews and testimonials from previous clients to gauge their reliability.
  • Services Offered: Ensure the broker provides the specific services you need, whether it's mortgages, personal loans, or business financing.

Taking the time to choose the right broker can lead to a more successful borrowing experience.

I’m a sole trader — can I still refinance or consolidate debt?

Yes, and it’s often a smart move. We’ll help you restructure debt so it works better for your income style.

What are the benefits of using a finance broker?

Using a finance broker offers several benefits, including:

  • Access to Multiple Lenders: Brokers have relationships with various lenders, giving clients access to a wider range of financial products.
  • Expertise: Brokers are knowledgeable about the finance industry and can provide valuable advice tailored to individual circumstances.
  • Time-Saving: Brokers handle the paperwork and negotiations, saving clients time and effort.

Overall, finance brokers can simplify the borrowing process and help clients make informed decisions.

What documents do I need for a finance broker?

When working with a finance broker, you'll typically need to provide several documents, including:

  • Proof of Identity: A government-issued ID, such as a passport or driver's license.
  • Income Verification: Recent pay stubs or tax returns to demonstrate your financial stability.
  • Credit History: Brokers may request your credit report to assess your borrowing eligibility.

Having these documents ready can streamline the process and help your broker find suitable options for you.

What government grants are available for first-home buyers in Queensland?

As of now, eligible first-home buyers in QLD can access the First Home Owner Grant and possibly stamp duty concessions. We’ll check your eligibility and help with the paperwork.

Talk to us today about your options.

Talk to us today about your options. Whether you're in Beenleigh, Logan, Scenic Rim, or on the Gold Coast, Gwen @ Ferns Finance is ready to provide expert, straightforward advice.

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