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Rent-To-Buy Finance
When experience matters, choose the experts. With over 20 years in the industry, our Finance Consultants structure smart Rent-To-Buy Funding options, combining tailored advice with competitive funding options for Transport and Heavy Equipment Operators.
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Rent-To-Buy Finance
Simple Guide To Rent-To-Buy For Truck And Heavy Equipment Finance
The Rent-to-Buy facility is a flexible solution that allows businesses to access Heavy Equipment now, while providing a clear pathway to ownership. Under this arrangement, customers rents the asset directly from the Financier for an agreed rental term, giving full use of the Equipment without the upfront cost of purchasing.
A key benefit of this facility is the generous rebate structure. Customers receive a 75% rebate on all monthly rental payments, which accumulates as a credit over the rental period. This credit is set aside and can be applied toward the purchase price of the Asset.
At the end of the rental term, client has the option to simply hand the goods back or to purchase outright at the agreed buy out value nominated at the start of the Rental Agreement. The accumulated rebate is deducted from the final sale price, significantly reducing the cost of ownership. This makes Rent-to-Buy a low commitment option with a straightforward and affordable path to owning Equipment.
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Rebate Option
Features of a Rent-To-Buy Facility
- Financier purchases the Equipment on customers behalf and then rents it back to the client over a nominated period
- Financier claims the GST on the purchase price and not the customer purchasing the Asset (Speak to a qualified tax professional for advice)
- Claim the full monthly rental payment as a tax deduction (Speak to a qualified tax professional for advice)
- Term of a Rental Agreement can range from 1 - 2 years (a fixed monthly payment applies along with a fixed buy out amount at the end of the term)
- Customer has the option of (one) handing back to Asset at the end of the term (two) gain full ownership of the Asset by paying the agreed payout amount (three) rolling over the agreed payout with a new Rental Agreement over an additional 1 - 2 years
- 75% rebate is given on the rental payments made over the term of the Rental Agreement (this 75% rebate is used to calculate agreed payout at the end of the term)
Tax Advantages
Benefits of a Rent-To-Buy Facility
- Gives businesses the ability to access Capital Equipment when traditional avenues of Funding are unavailable - typically due to fast growth of a business
- Short term Rental Contract means a customer is not locked into a 5 year Loan Contract. Particularly beneficial when a work agreement is negotiated for only a 12 - 24 month period
- Flexible options for customer at end the of the Rental period, including hand back the Asset, Rollover the agreed payout amount with a new Rental Agreement or transfer ownership by paying out the agreed payout amount in full
- A rebate of 75% on the monthly payments made by the customer, means that the agreed buyout figure is significantly reduced at the end of the term
- Fixed monthly rental payments allow businesses to accurately project income and expenses going forward
- Tax deductibility at end of the financial year as client can claim the full monthly rental payment as a tax deduction (Speak to a qualified tax professional for advice)
- Rent-To-Own facilities typically requires minimal paperwork and gives customers fast access to Funding. More documentation could be required for scenarios such as high risk, high cost Assets or new start businesses
We Make Rent-To-Buy Finance Quick and Easy for Transport and Heavy Equipment Operators Australia Wide.
Start Now and complete our Quick Assessment Form to obtain a Pre-Approval up to $500K – decision within a few seconds.
Alternatively, you can call one of our Finance Consultants to discuss your funding scenario.
Example Breakdown
Example Funding Scenario
- Mining Contractor required funding for a large mine spec Excavator to assist with newly awarded work contracts
- Finance Type – Rent To Buy
- Loan Amount – $950,000 (ex gst)
- Term – 12 months
- Residual – (agreed payout out amount)
- Payments – monthly in advance
Outcome
- Client had been declined by current banking provider given the rapid growth in business operations and the lack of historical financial data to support servicing on this size lend
- The Rent-To-Buy facility allowed customer to secure Funding for the Excavator in own company and reduce the reliance on high cost third party contractors
- Client borrowed the full Ex GST amount of the purchase price allowing them to maximise cashflow for working capital purposes
- 75% rebate on the monthly rental payment meant client would rapidly build up equity the Excavator, giving them strong options when negotiating the end of term agreed buyout amount
Customer Reviews
Our customers say it best. Find out what it's like dealing with the Experts in Rent-To-Buy Truck and Heavy Equipment Finance. You could be the next success story.
Nathan you are fantastic to deal with. Always prompt with deals never a hiccup. After 8 truck deals will never use another broker. Keep up the great work you make my life stress free.
TH
Tracey Hall
Scone Equine Transport Pty Ltd
I have been dealing Heavy Vehicle Finance since 2014 and have found them be nothing short of amazing.They have funded various trucks and trailers for me over the years and its a fantastic feeling to know that I still have the same account manager after all of these years of business.It is very good to know that a finance approval is only a phone call away.
CW
Colin Wallace
Palanquin Pty Ltd
I have used the team at Heavy Vehicle Finance twice now for our financing needs for prime movers and side tippers. A Great team to work with and very prompt and professional. We will use again in the future.
JC
James Coustley
JJC Civil
I have used Nathan and his team for multiple purchases for our earthmoving company and Nathan has gone above and beyond to help us with expanding our business. I couldn’t recommend Nathan more highly.
SW
Sam Wood
Sureflo Plumbing & Roofing Contractors Pty Ltd
We used Heavy Vehicle Finance for the purchase of our Truck. They went above and beyond for us and made sure that the process was as stress-free as possible. The entire interaction was nothing short of amazing. We will definitely be using them again in the future.
MM
Meagan McNicholl
Next Gen Transport Pty Ltd
Can’t thank Nathan enough for how fast and professional he was with organising my finance for my new truck. He was straight to the point with no stuffing around. Highly recommended
TH
Tim Hartas
Hartrax Contracting Pty Ltd
Rent-To-Buy Finance Calculator
Looking to buy a New or Used Equipment? Try our Simple Rent-To-Own Calculator to estimate your weekly payments and take the guesswork out of your next Equipment purchase.
Why Us?
Unlock the Benefits of Heavy Vehicle Finance for Your Rent-To-Buy Loan
- Heavy Vehicle Finance backed by 20 Years Industry Experience. Heavy Vehicle Finance that will work for you.
- Quick, Easy and Obligation Free. Heavy Vehicle Finance Pre-Approvals up $500K.
- We deal with Owner Drivers and Fleet Operators Australia Wide. We will help you save thousands on your next Heavy Vehicle Loan.
- We're trusted across the Transport Industry as a leading provider of Heavy Vehicle Finance. Our applicants receive funding options tailored to their business needs, delivered efficiently by experts who understand Heavy Vehicle Industry.
- Typically No Financials are required for loans up to $500K and our unconditional approvals take only 24 hours.
- Our flexible policy matrix will give you greater access to capital—so you can secure the Heavy Vehicle and Heavy Equipment you need to grow your business faster and with more confidence.
- Our customers are assigned a dedicated Relationship Manager to help guide them through the process from start to finish.
Let us Finance
the Road to Your
Future
Complete our Simple Quick Assessment Form and let us go to work on finding the best Finance Deal on your New or Used Heavy Vehicle.
With over 20 years experience and thousands of deals done, we are on your side to get the best possible rate.
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