If you are a sole trader, partner in a company or owner of a trading company using your vehicle mainly for business purposes then you should consider commercial hire purchase.
FinanceNEXT can help with a secured finance option with lower interest and benefits such as being able to claim the GST on the purchase upfront.
A Commercial Hire Purchase agreement uses your vehicle as the security on the loan meaning you can access a low interest rate.
This type of finance is ideal for businesses that use the cash method of accounting as they are able to claim the GST associated with the vehicle’s purchase upfront.
