Business Finance


	With an ever changing marketplace, the need for up to date technology is becoming a vital part of competitive business. Conserve your working capital by leasing the products and services you need to make your business grow.

You can lease your purchase by using a Lease to Own for automatic end of term Ownership, or by using a Rental you
can upgrade at will and exclude your purchase from your balance sheet. A description of both options is detailed below.

To get started use our ON-Line or Downloadable Finance Calculator to pick the best lease option and term for your purchase. Then use our On-line or Downloadable application forms to apply.


	Lease to Own - (Financial Lease)


	Your purchase will be shown as an asset and should be depreciated. The depreciation can then be deducted from your tax bill. The Interest can also be claimed.


	No deposit is available. *


	Your equipment can be depreciated by using one of two options. Diminishing Value (D.V.) or Straight Line (S.L.). The depreciation amount can then be deducted from your tax bill.


	Claim the full amount of G.S.T at the beginning of your term and offset the cost of a 12.5% deposit.


	You are able to upgrade during the term, make balloon payments and settle early.


	At the end of the completed contract the equipment is yours.


	Rental - (Operating Lease)


	Your purchase will not shown as an asset, as payments are treated as an expense.


	No deposit to pay, and your first installment is due one month after you have signed the contract.


	The repayments are 100% tax deductible.

	The G.S.T content is claimable from each payment.

	You are able to upgrade during your rental period.


	You will not automatically own the equipment at the end of your term. Usually you would want to obtain new equipment at the end of your term and continue with a new Rental for new equipment.

Our ON-LINE Finance Calculator (1k to 7k Quotes - Unsecured)
NB : You will need to allow Active X to run to use the On-line Finance Calculator.

Interest Rates / Cost of Funds are the same for Lease to Own and Rental.
You can calculate payments for 6 to 36 month terms.

For longer terms and larger amounts you will need to download and use our Excel Finance
Calculator. Or you can call us on 0800 74 11 11 for a verbal quote on your repayments.

Our Excel Finance Calculator (7k to 800k Quotes - Unsecured)
Download our Excel file and Save to your Desktop for your quoting needs.
Remember to check back from time to time to make sure you have the most current version.

You are able to list up to 11 products including product codes and prices. The calculator will auto total and provide Lease to Own and Rental payments from 6 to 60 months.
Interest Rates will vary depending on value. *

$500-$7k Finance Calc
$ inc GST	$
Deposit	$

Term	Monthly Pay
6 Mths	$
12 Mths	$
18 Mths	$
24 Mths	$
36 Mths	$
Calculated repayments are to be treated as a guide.*

$500 - $7K

$7K - $20K

$20K - $50K

$50K +

Blue Chip

Government
Educational

18.5%

13.5%

12.5%

11.5%

10.5%

9.95%

How it Works
* Include your TOTAL PRICE, DEPOSIT, TERM and the name of your DEALER.
* We will need at least two trade references on your application form.
* Make sure you will be available on the contact phone numbers you supply on your application.
Your Approval and Contract
* We will call you to discuss your application and approval.
* Contact your dealer and verify your configuration and price if changes are needed from your original quote.
The Contract for your Purchase
* We will send the contract to your or your dealer.
* Any deposit is payable to the dealer.
* A copy of the contract will be provided to you.
* Your signed contract is to be send to Credit Capable to process payment.
Your Repayments
* Payments will start via A.P. or D.D. form supplied with your contract.
* OR you will receive a welcome letter after your contract is lodged, giving you all the information required to
make your own arrangements with your bank.


	CREDIT CAPABLE LTD \| Phone 09 973 4601 - 0800 74 11 11 \| Fax 0800 329 555 \| P.O. Box 31-720, Milford, Auckland 0741 PLEASE NOTE : This page is best viewed using Text Size = Medium. * Insurance Excluded, Normal Credit Capable Credit Criteria and booking fee will generally apply. *Quoted repayments are an indicative guide only and will vary according to application.