No matter what type of loan you need, our North Queensland finance specialists can source the most cost-effective finance, tailored to your specific needs. Our team at RLA Finance Australia will handle all the details on your behalf, saving you time, money and hassle.

Contact us today to see how we can help you finance your dreams and goals.

Equipment Finance - Chattel Mortgage and Commercial Hire Purchase

To grow your business you need to invest in the tools of your trade.

When you need to replace machinery or the tools of your trade, our Townsville equipment finance specialists can provide the cost-effective solution you are looking for.

Which facility is right for me?

A great question. And it's one that we strongly recommend discussing with your accountant or professional advisor.

Each facility is different and does have different implications for your business. It's important to establish the right facility from the beginning. This is why we recommend discussing your own requirements with your professional team.

Tax-Effective Leasing

Enjoy the advantages of freeing up cash flow.

When cash flow is critical, it is not a smart business decision to have large sums of cash tied up in depreciating assets. Talk to our leasing specialists to determine if tax-effective leasing is the right solution for you.

The benefits of leasing include:

  • Payments may be tax deductible
  • Lower upfront cash outlay
  • Lower repayment fee allowing greater cash flow

PRE-PAYMENT
When it comes to a Lease, there are certain circumstances that a prepayment can be claimed as a deduction. Generally if you are on a cash accounting system (under $2m annual turnover), you are still potentially able to claim up to 12 months or prepayments. This will not actually save you money on the Lease contract as it is a fixed payment/fixed term contract, but you will gain the benefit of a higher tax deduction and this is sometimes a very effective use of excess cash at the end of the tax year.

Manufacturing Finance

Increase production output, smart business ideas.

Securing manufacturing finance can provide the increased production and output that your business needs to grow. Our Townsville finance brokers have the industry knowledge to help you source the most flexible, cost-effective loan solution for your business.

We help businesses of all sizes access manufacturing financing for:

  • Plant and equipment
  • New innovations
  • Machine tools
  • Robotics
  • Food processing
  • Packaging
  • Plastics machinery

Operating Lease / Equipment Rental

Reduce risk and boost your cash flow

Whether you have high-value assets or need specialist equipment to satisfy contracts, you naturally want to reduce risks and costs to your business. Our finance specialists can provide an operating lease solution that can help your business become more efficient and more competitive. The benefits of this are:

  • Your working capital isn't tied up-renting takes the strain off your immediate finance needs
  • Your outlay is spread with easy, automatic monthly payment over the rental term
  • Payments are generally 100% tax deductible
  • You can upgrade equipment during the rental period if required

At the end of the contract you can opt to hand the equipment back with no more to pay, continue the rental agreement or buy the equipment outright at market value.

Commercial Property Finance

Ensure that you have the space to grow.

Whether you are buying or refinancing your commercial property, our Townsville commercial finance specialists will find the most competitive interest rates to suit your requirements.

We will help you secure financing for:

  • Property purchases
  • Commercial property
  • Development funding

Truck & Transport Finance

We can customise loan terms to your business requirements and resources.

We know that trucks and trailers are a major investment. It's not something you can really save up for, so it's critical that you get the right loan or lease on the right terms. Terms that suit you and suit your business.

We can work it out. At RLA Finance we'll sit with you and go through all aspects of your operation: revenue projections, cash flow, investments, liabilities, the lot, and make sure that we structure a loan that's suited to the way you run your business. Everyone's different and we have the espertise and product flexibility to maximise your business cash flow.

  • Drivers ready to purchase their own truck
  • Owner-Operators in need of an upgrade or additional unit
  • Fleet Companies in need of additional units

Business Loans

Maximise your profits by growing your business.

Whether you are starting or growing your business, we can help you access the business loan and financing you need for your business to flourish.

Maximise your profits by investing in your business. Let our Townsville business loan specialists help you secure the financing you need for:

  • Overdrafts
  • Debt restructuring
  • Business growth initiatives

Property Loans

Residential and investment property loans made easy. Plan for the future by investing today.

Whether you are a first time home buyer, needing a bigger home for a growing family or considering a move, our team at RLA Finance Australia will help you secure the home or property loan you require.

Borrowing to invest can help you build your wealth. Talk to our team and see if an investment loan is a wealth creation strategy appropriate for you.

Our Townsville home and property loan specialists will help you secure:

  • Competitive interest rate on home loans
  • Mortgage refinancing
  • Investment property loans
  • Loans for diversified investments

Rural Finance

Grow your agribusiness.

At RLA Finance Australia, we will provide the agribusiness finance solution you need to help keep your farm running smoothly. Whether you need financing to expand your farm or to fund acquisitions, we can help you source the finance you require.

We offer a range of financial solutions for:

  • Purchasing livestock
  • Sugar cane and small crops
  • Agribusiness expansion and development

We will take the hassle out of acquiring equipment financing for:

  • Vehicles
    Cars, wagons, vans, utes & 4WD
  • Transport
    Trucks, buses, trailers, dollies, forklifts
  • Earthmoving / Mining
    Backhoes, loaders, dump trucks
  • Laser Levelling
    Tractors, scoops, GPS / survey
  • Farming / Grazing / Rural
    Tractors, implements, irrigators, harvesters, portable shed
  • Agricultural Contractors
    Harvesters & associated equipment
  • Other Rural
    Portable shed, livestock, processing / grading plant
  • Professional
    Medical, dental & chiropractic equipment
  • Office
    Computers & office equipment, security & shop fitouts, furniture etc.
  • Refrigeration
    Air conditioning, coldrooms, cabinets etc.
  • Auto Repair
    Spray booths, balancers, alignment, diagnostic
  • Aircraft
    Rotary and fixed wing
  • Portable Demountable Buildings
    All types
  • Industrial
    All engineering / fabrication equipment

Equipment Maintenance

Equipment Finance, also known as Asset Finance, is a commonly used business finance product to fund growth. Here is a brief summary of some the information you need to know about Equipment Finance.

The Benefits:

  • Preserve your working capital by avoiding large outlays for equipment/asset purchases.
  • The asset is the primary security on your loan.
  • Your repayments can be structured to suit your individual needs.
  • In some cases there may be considerable tax advantages for your business*

Your Options:

There are four main Equipment Finance Facilities:

  • Chattel Mortgage (also known as Equipment Loan, Commercial Loan, Goods Mortgage, Asset Mortgage / Loan, Specific Security Agreement);
  • Commercial Hire Purchase;
  • Finance Lease and
  • Rental/Operating Lease

The Features:

  • The majority of depreciable assets can be financed.
  • Interest rate & monthly repayments are fixed for the life of the loan.
  • Different finance facilities mean that the right loan can be found to suit your business.

We will take the hassle out of acquiring equipment financing for:

Chattel Mortgage Commercial Hire Purchase Lease Rental
How does it work? The financier funds the purchase of your asset. You repay the financier via your repayments. The financier purchases the asset and you buy it over the loan term via your repayments. The financier purchases the asset and you rent it for an agreed period via your repayments. The financier purchases the asset and you rent it for an agreed period via your repayments.
Who owns the asset? You do from the start. The financier does until you fully repay the loan, including any applicable balloon. The financier does and you simply lease it from them until the end of your contract where you purchase it for a pre-agreed price (the Residual Value). The financier does and you simply rent it from them.
Can I make a deposit on the finance price? Yes, you can if you choose to, but in most cases it isn't required. Yes, you can if you choose to, but in most cases it isn't required. No, not with this facility. No, not with this facility.
Can I have a balloon / residual? Yes, you can if you choose to. Yes, you can if you choose to. Yes, all Leases must have a Residual Value. This value is a pre-determined (by the ATO) percentage of the original amount financed which varies depending on the asset. Yes, all rentals must have a Residual Value.
What happens at the end of the loan? Once all repayments & any applicable balloon payments have been made, you own the goods outright and no longer have any financier security held over them! Once all repayments & any applicable balloon payments have been made, you've purchase the goods from the lender and now own them outright. You have several options; You may purchase the goods from the financier for the pre-determined Residual Value or the Residual maybe refinanced into a new loan. You may choose to re-rent the goods, return the goods to the financier or replace the goods, thereby entering a new contract.
Is the interest rate fixed? Yes - for the life of the facility. Yes - for the life of the facility. Yes - for the life of the facility. Yes - for the life of the facility.
Are the repayments fixed? Yes - for the life of the facility. Yes - for the life of the facility. Yes - for the life of the facility. Yes - for the life of the facility.
How is GST applied to the finance? The GST inclusive amount can be financed if you wish. No GST is paid on the repayments. The GST inclusive amount can be financed if you wish. In addition, as of 1st July 2012, GST is levied on the terms/interest charges and all fees (in addition to the GST applicable for the sale of the goods). The GST exclusive amount is financed. GST is paid on monthly repayments. The GST exclusive amount is financed. GST is paid on monthly repayments.
Can I claim the GST on my next BAS? It's generally claimable however this point must be discussed to your accountant to determine a case by case eligibility. It's generally claimable however this point must be discussed to your accountant to determine a case by case eligibility. The GST on your monthly repayments is claimable over the life of the facility. The GST on your monthly repayments is claimable over the life of the facility.
Are there tax benefits? In most cases there may be a tax deduction for your depreciation & interest.

However you must discuss this with your accountant!
In most cases there may be a tax deduction for your depreciation & interest.

However you must discuss this with your accountant!
In most cases the monthly repayments are generally tax deductible.

However you must discuss this with your accountant!
In most cases the monthly repayments are generally tax deductible.

However you must discuss this with your accountant!

* In your best interests, we always recommend that you consult your independent accountant or advisor regarding any financial or taxation matter.

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