Materials Handling Finance is well known for providing efficient equipment finance services. The equipment finance solutions offered by Materials Handling Finance guide customers select an appropriate funding method that matches with the nature of equipment being purchased.
Materials Handling Finance also offers various finance packages for the benefit of the customers. Chattel Mortgage is a well known financial package from Materials Handling Finance. Chattel Mortgage allows purchaser to take the ownership of the equipment being purchased at the time of acquisition.
Materials Handling Finance’s chattel mortgage is an ideal solution for corporate and individuals. This package accounts properly for GST on a cash basis. Thus, customers can claim GST part of the purchase price in the form of a taxable refund.
Commercial hire purchase services provided by Materials Handling Finance include preparing a hire purchase agreement that offers goods on hire. The original financier remains the owner of the equipment and this ownership can not be transferred to the purchaser until the agreed finance instalments are paid in total or option to purchase is exercised.
These commercial hire purchase services facilitate borrowers claim both depreciation and interest in the form of a tax deduction taking subject assets are deemed to be the property of the purchaser throughout the entire tenure of loan.
Apart from this, financial leasing, lease back funding and operating leasing services are also provided by Materials Handling Finance.