Yellow Goods Finance for Your Business in Melbourne
When you don’t have enough cash to purchase income-generating equipment, a little help with finance will let you boost your business and function at full potential. At Geo Truck Finance, we understand that the needs and preferences of every business are different and hence we provide customised financial solutions that are time and cost-effective.
Our yellow goods finance experts will provide you with assistance to purchase all kinds of equipment. Right from earthmoving machinery and construction equipment to forklifts and tractors, we can finance anything that your business needs. You do not have to worry about poor credit history, as we seek out a loan option that perfectly suits your needs and fits in your budget. 10+ years of experience in the industry gives us an edge over others in terms of experience, expertise, and quality of our services. We believe in providing valuable financial services that will improve your business.
What is heavy equipment financing?
Heavy equipment helps you get difficult jobs done without the help of huge manpower. Our heavy equipment financing helps you get the necessary help in finance without hindering your business operations or pressuring your monthly expenses. Here, you get to purchase brand new or pre-owned equipment or rent it out or even lease them out at competitive rates of interest.
Benefits of equipment finance
Heavy equipment financing helps you manage equipment costs in easy monthly instalments instead of investing large amounts of working capital upfront.
With earthmoving equipment financing, you will be able to protect the ownership of your asset and perform business operations without pressuring monthly expenses.
You will be able to claim tax benefits for your monthly lease or rental instalments.
Equipment finance helps you lock long term lease options and secure your investment against price rises.
You will be able to focus on boosting your business, enhancing productivity, and increasing revenue without hindering business operations.
You get low-doc yellow goods finance instantly approved without any collateral, even if you have a poor credit history.
Easy & Quick Excavator Financing Service
Earthmoving equipment is essential to create an efficient and safe working space in your warehouse or a retail setting. Earthmoving, material handling, and construction equipment help in the effective transportation, protection and distribution of materials. You can easily move products, organise and store them without the need for a lot of manpower. Here are a few types of premium-quality equipment that will help you grow your business and generate more revenue.
Types of yellow goods for finance
1. Earthmoving Equipment – Bobcats, Loaders, and Excavators
- Bobcats: You can load the goods and move the materials from one point to another. Bobcats come in two variations, namely posi-track loader and skid-steer, and you can dig, lift and, mould landscape with them. You can use a Posi-track loader in softer and grassy areas and a skid-steer in rockier and harder regions.
- Excavators: You can use excavators to dredge, demolish, trench and also in earthmoving activities. These are advanced shovels with a rotating platform containing a bucket, boom, dipper, and cab.
- Loaders: These heavy-duty vehicles are designed to dig, landscape, and move large amounts of earth. You can use other attachments to perform tasks such as drilling, ripping and loosening materials.
2. Material Handling Equipment – Forklifts
- You can use forklifts to lift pallets and objects and move them within a retail store or a warehouse. Throughout the moving process, the products remain comfortably on the pallets and can be easily lifted to industrial shelving for storage.
3. Construction Equipment – Cranes
- Cranes are extensively used to hoist and move materials in a construction site. Different crane types are available and you can choose the one that best suits your business. With cranes, you require only smaller manpower to quickly move and safely lift heavy objects.
Finance Options Available For Yellow Goods
Chattel Mortgage
- You can choose to get ownership of the equipment at the time of purchase instead of doing it at the end of the agreement period.
- You can get excavator finance at a low rate of interest and use them as a taxable offset.
- This type of excavator loan is best suited for most businesses as it has flexible terms.
Hire Purchase
- The lender will purchase the equipment on your behalf and rent it out to you.
- The lender will own the equipment and you can choose to purchase it at the end of the loan term.
Lease
- This is similar to a hire purchase. A lender will purchase the equipment and lease it out to you.
- Your monthly lease instalments will be deducted from the original amount and you will be paying a lesser amount when you decide to purchase the equipment at the end of the lease period.
Low Doc Loan
- This type of earthmoving equipment financing is designed for people or businesses who have little or no capability to prove their repaying capacity.
- It is the easiest option for business owners as it requires little to no documentation.
Get Your Finance Approved Quickly
Geo Truck Finance has been helping business owners with yellow goods finance for more than 10 years. We customise finance solutions to suit the needs and preferences of your business. Whether you are looking for heavy equipment such as earthmoving equipment or mini-excavator finance, we will help you get the necessary financing packages quickly and easily. You can get in touch with our finance experts on 0415 469 299 or at info@geotruckfinance.com.au for application process.
Why Use GEO Truck Finance
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