Products & Services

Products and Services

G&H Financial provides a range of tailored solutions to meet your needs.

Commercial Hire Purchase

Commercial Hire Purchase has lost a lot of its popularity over time, increasingly we find financial consultants, accountants and bank staff are pushing clients towards Chattel Mortgage over Commercial Hire Purchase.

With any product each has a benefit over another and really the legitimacy of the products are mostly reliant on the type of applicant. Small business are attracted to short term cash returns gains through Chattel Mortgage however they lose a number of the amortised benefits over the term.

If you are building a business for it's base asset value then you need products with amortised benefits. With Commercial Hire Purchase most of its effective business value expires within three years, the gains and benefits diminish, meaning this is a product best suited for quick turn-over asset strategies.

A company that best suits the benefits of Commercial Hire Purchase is a business that is well established with 10 to 15 assets listed on its register. Commercial Hire Purchase should not be discounted for its benefits as a product. Chattel Mortgage also attracts more government fees where a Commercial Hire Purchase attracts no such government fees.

LEASE

  • Flexible contract terms ranging from 24 to 60 months (two to five years)
  • Fixed interest rate
  • Fixed monthly lease rentals
  • Costs are known in advance
  • A residual can be applied to a lease, lowering monthly payments
  • Tax deductions are available when the vehicle is used for business purposes
  • As the GST contained in the car's purchase price is claimed back by the financier, only the vehicle's price exclusive of GST is financed, lowering monthly payments
  • Ability to make advance lease payments for tax deduction or cash-flow purposes
  • The lease is secured against the vehicle, allowing lower interest rates

CONSUMER LOAN ( SECURED ) OR PERSONAL LOANS ( UNSECURED )

  • The security of a fixed interest rate for the term of the loan
  • A choice of loan terms ranging from 1 - 5 years
  • Financing for vehicles up to 7 years old
  • A choice of flexible payment options
  • The ability to make extra repayments, reducing the total interest payable
  • The option of a balloon payment at the end of the loan - subject to capacity guidelines

OTHER PRODUCTS:

  • FACTORING / VENDOR & INVOICE FINANCE
  • USED CAR FLOOR PLAN FUNDING
  • IMPORT OR CONTRACT FUNDING
  • PERSONAL LEASE
  • DEVELOPMENT FUNDING
  • FIT-OUT FINANCE
  • NOVATED & OPERATING LEASES
  • SHORT TERM BUSINESS FINANCE & CAVEAT LOANS