At various stages in your business’s growth, your business will have to upgrade or replace old equipment to continue to function efficiently in the long haul. When you have the best equipment with the latest technology, this automatically gives you a distinct edge over your competition.
Need to purchase equipment or machinery for your small business but unsure how to get started?
Our Asset Finance division offers you a broad range of simple and flexible asset finance solutions which allows you to purchase the assets you require to operate and grow your business. We have a range of tailored finance options to suit your business needs.
At FutureNow Finance, we offer you the option of working with your accountant to ensure that the loan structure is in line with your tax strategy.
Explore your asset & equipment loan options:
• Chattel Mortgage
• Commercial Hire Purchase
• Finance Lease
• Balloon Payment
• Mid-term Refinance Options
• Low Doc Loans
Did you know you can access the instant tax write off scheme?
A small business can currently claim an immediate tax deduction for the business portion of each asset purchased in the 2018/19 financial year provided:
-The asset cost less than $30,000 (excluding GST)
-The business has an aggregated group turnover of less than $10 million
-The asset was first used or installed in the year of claim – before 30th June 2019
Your asset can be new or used and applies to vehicles, equipment, technology, machinery, and any other business-related purchases under the $30,000 threshold. There is no limit on the number of individual assets that can be claimed via the instant asset tax write-off scheme. To learn more, visit the ATO website.
We understand the importance of building a relationship with you to help achieve your goals. We are accredited with all the major lenders with access to a multitude of financial products in Australia as well as niche products for specific business industries.
When you work with us, you effectively leverage off our platform and open doors to achieving your goals.
Build your business for the future and access the funds you need to purchase today. Our aim at FutureNow Finance is to help you fund your aspirations faster. Call us on 1300 013 730 or email us at hello@futurenowfinance.com.au, so we can help you organise the purchases you need to make before 30th June 2019.