Whether you are a new business or one that has existed for a while, the purchase of a business vehicle is never farfetched. You might need a business vehicle as an employee for your convenience. However, this can be quite challenging financially. This is also the case irrespective of the size of your business.
At i-Fund, we recognise the unique circumstances that you find yourself. As such, we provide viable options that allow you to make the necessary purchases without bearing the strain of a lump sum payment.
Our financial services allow us to connect you with various lenders capable of providing the necessary business vehicle finance that you need. We have a team of experts in the finance industry. As such, we can deliver to meet your funding needs.
i-Fund – delivering cost-effective financing options to your doorstep
If you are looking to complete the purchase of a business vehicle, whether old or new, various financing options are available. These options include:
We also offer the opportunity to acquire the business vehicle of your choice relying on your salary packaging. We negotiate a payment arrangement whereby your employee discharges your financial obligation for the purchase using both post and pre-tax salary deduction. With this method, you can avoid any cash payment and pay automatedly, over time, and at your convenience.
However, you will need to be an employee and a permanent resident of Australia. As soon as your 18 and you have your Tax File Number, we ensure you can drive comfortably while still remain comfortable financially.
We also offer the opportunity for you to acquire the business vehicle on loan. We connect you to owners willing to loan the vehicle to you. Alternatively, we also connect you to lenders willing to purchase the business vehicle on your behalf and then loan it back to you. We provide full flexibility with this option.
Our lease financing option is similar to other lease financing option only that we provide added flexibility. We allow you to lease a wide range of business vehicle that you need. In turn, you commit to payment with an option to either own them or return them after the period has lapsed.
The idea is that we allow you to use the vehicle for as much as you require. You can then purchase them if you need to. Alternatively, you can upgrade them to newer vehicles as soon as a new vehicle need arises.
Our hire purchase financing option is similar to other hire purchase financing options. It allows you to acquire the business vehicle that you need for hire. In turn, you commit to a monthly repayment over time. The idea is that we will enable you to break the lump sum payment into a smaller sum that you can pay over an extended period at your convenience. Then once you complete the payment, we transfer ownership of the vehicle to you.
We possess various competitive advantages that make us desirable for your business vehicle financing needs. So, you are rest assured you are making the right choice; here is what set us apart.