More choice, more suitability, more savings
We negotiate with lenders to bring you a range of financial options, tailored to meet your business’s needs. We also want you to have more time, which is why we’ve made applying for finance as quick and easy as possible.
Combined with expert finance advice, and you’ve got everything you need to get reliable finance, faster. Whether you need vehicles, trucks, tractors, medical equipment or something out of the ordinary, we’ve got the financial solutions that’ll keep your business moving forward.
Understand your finance options
At Presidio, we want you to make the right financial decisions for your needs. But you can only do that when you fully understand your options. From hire purchase, to leasing and fleet funding, we’ve got a range of finance options to suit every business. So whether you need a car, a fleet or heavy equipment, you can trust us to find the financial solution that’s right for you.
Under a chattel mortgage you get the funds you need to purchase your vehicle or equipment, in exchange for a mortgage or security interest over the item. You take possession of the item at the time of purchase, with full ownership transferring
to you once the loan is fully repaid. Terms range from 1 to 5 years, and thanks to fixed interest rates and monthly repayments, you’ll know all your costs in advance.
Rental operating lease
If you need the latest, most up to date equipment but lack the capital you need to upgrade, an operating lease is for you. Allowing you to rent the equipment for a specified period of time, payments are regarded as operating costs, leaving your capital free for other needs. Terms of 1 to 5 years are available, with repayments structured to suit you.
Like an operating lease, a finance lease gives you immediate access to the vehicles and equipment you need to run your business, without the need for upfront capital expenditure. Terms vary from 2 to 5 years and at the end of the lease you have three options – to pay a residual value or final instalment on the lease and take ownership of the item, trade it in, or re-finance the residual and continue the lease. All payments are structured to suit you.
Under a hire purchase agreement the lender agrees to purchase the item on your behalf, hiring it back to you over a set period – usually 2 to 5 years. The lender maintains ownership of the goods in the form of a registered security interest, with ownership transferring to you on your final repayment. Interest rates and monthly repayments are fixed, making it a great option if you need to know your total costs in advance.
Under a novated lease employees lease the vehicle of their choice, with their employer making monthly repayments from the employee’s pre-tax income. A tax effective way to purchase vehicles, it’s a three way agreement between employee, employer and finance provider. Designed to be flexible, employees generally have the option of taking the lease with them if and when they change employers.
From chattel mortgages to fully maintained leases, we’ve got a range of intelligent
options to suit your fleet funding needs.
If you’re investing in capital equipment, import finance might be the right solution for you. Allowing you to pay overseas manufacturers in any approved currency – as well as foreign exchange and interest rate hedging – it provides the pricing certainty your business needs.
Limited or no financial options
Self-employed? Limited financial options? No worries – our simplified documentation options take the hassle out of obtaining finance, getting you back to business and on the road in a hurry.