Plant and Equipment Finance

Grow your business and improve productivity

Many companies and brokers are unaware that National Funding Group offers an extensive plant and equipment finance strategy. Our flexible business finance and short term funding solutions can expand your working capital, letting you preserve cash while still letting your business reach its full potential.

What We Offer:

  • Short term funding for the purchase of commercial equipment.
  • Security against commercial plant and equipment for working capital.
  • Competitive interest rates.
  • High LVR against plant and equipment security.
  • Quick approval and settlement times.
  • Competitive terms 3 – 6 months (with roll over period’s available).
  • Borrow against company value combined with plant and equipment.
  • The comfort of working with a flexible, professional and understanding company.

 

Recent Settled Scenarios:

Scenario One

Client required $325,000 to fund business cash flow and pay ATO debt. Borrower’s primary security was the company’s rent roll. The scenario was settled within 5 working days.
Exit: Refinance with a major bank.

 

Scenario Two

$150,000 Loan amount for car yard cash flow. 30 motor vehicles valued at $500,000 were used as security for the loan.
Exit: Refinance with major bank.

 

Scenario Three

A civil and infrastructure company were in need of some quick capital to complete major contracts they were undertaking.  The company had maxed out on their debtor facilities and there were a variety of other loans and charges on the company. National Funding Group assessed the cash flow position of the company with the jobs they had at hand. NFG took 1st PPSR charges on unencumbered machinery and also taking second a charge on the already encumbered equipment. After months trying to source a loan and complete their jobs which were on the verge of being rescinded, National Funding Group was able to come to the rescue.

Product Guide

1st Mortgages

  • Loans from $10,000 – $10,000,000
  • Up to 70% LVR Max
  • Interest rate from 2% per month

2nd Mortgages

  • Loans from $10,000 – $5,000,000
  • Up to 70% LVR Max
  • Interest rate from 2% per month

Cash Advance

  • Loans from $10,000 to $1,000,000
  • Upto 60% LVR on wholesale value against “Large Ticket” items
  • Interest rate from 2% per month

Plant & Equipment

  • Loans from $10,000 – $1,000,000
  • Up to 70% LVR Max
  • Interest rate from 2% per month

All Loans

  • Minimum term 30 days
  • Up to a maximum term 6 months with roll over
  • Interest can be capitalised within LVR guidelines
  • All Australian locations considered for 1st and 2nd mortgages and Plant and Equipment security
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