Commercial Asset loans

Need old equipment or vehicles for your business but don’t have enough funds? This is where Dad’s Wallet commercial asset finance comes in. As the leading asset finance company, we help businesses get access to their required assets by providing them with a range of asset finance solutions.

Many businesses sell their old vehicles and equipment that are still in excellent working condition. As they have been looked after properly and well-maintained by their original owners, buying and using them can be a wise decision for many businesses.

An older asset can help businesses minimise expenses and maximise cash flow while still serving their customers and growing their business.

Not every bank offers older asset finance, but that does not mean there are no lenders out there to fund your purchase.

At Dad’s Wallet, we can connect you with trusted and reliable lenders who can provide finance for used equipment or vehicles.

Commercial asset finance can be used to buy

• Industrial kitchen equipment or heavy machinery used for manufacturing, construction, farm and agriculture
• Earthmoving and mining equipment  
• Fit-outs and installations  
• Vehicles, including forklift trucks, vans or a fleet of cars
• Office assets such as computers, laptops, printers, desks, chairs and other furniture 
• Technology, including high-tech assets and servers 
• Medical and scientific assets 

At Dad’s Wallet, we provide commercial asset loans of up to $150,000 to businesses which they can use to buy the items they need to grow their business without paying the full price of a brand-new model.

Our professional team will work with you to facilitate older asset finance by finding the borrowing options that are most suitable for your business.

A wide range of asset finance options is available for business owners. But determining the right option depends on the type of business and asset needed. When deciding on a particular type of loan, our expert team will work with you to consider some essential things, such as:

• Will the asset need to be replaced after a certain period of time?  
• The evolvement of technology in the specific industry 
• Asset depreciation
• Tax-deductible amounts

Lenders offer various commercial asset loans for all types of business asset acquisitions. And with so many options available, deciding which product best suits your purpose can be challenging for you. Some of the deciding factors include your accounting methods, treatment of GST, tax deductions, asset depreciation and balance sheet plan. As one of Australia’s most reliable and fastest-growing commercial property loan providers, our expert team can work with you to assist you in ensuring the most suitable loan is chosen.

Applying for older asset finance can be very confusing. But you can skip the stress of researching Australia’s many lenders and get the support of Dad’s Wallet team. We can quickly identify the most suitable way for you to move forward by generating an excellent solution for all your loan requirements.

Here are some reasons why you should choose us for older asset loans:

• Reliable, Accredited Asset Finance Broker
• Access to Over 40 Lending Partners and Companies
• Dedicated Team of Loan Consultants 
• Competitive Rates
• Faster Loan Processing
• 100% Transparency
• Speak Directly With a Qualified Finance Specialist
• Quicker Turn-around Times

Want to learn more about our services? Contact us at 1300 003 237 to speak directly with one of our qualified finance specialists.