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Stand alone finance for vehicles, plant and equipment.
With a Credit Sale Agreement your other credit arrangements remain unaffected. There is no need to tie up existing bank lines. Quick and easy to arrange, you get immediate use of the equipment, while freeing up cash reserves for more profitable investments.
Normally you pay a deposit and the balance is repaid by regular instalments over a specified period. During this time you enjoy the possession and use of the asset with title passing to you as soon as the asset is repaid in full.
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/ Terms 12-60 months
/ Only security required is the asset being purchased
/ Depreciation and interest are tax deductible*
/ Asset ownership to you on completion of the agreement
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/ Repayments may be tailored to suit your individual circumstances or cash flow
/ Stand alone transaction which is simple to arrange
/ Collateral security is not usually required
/ Interest rate is normally fixed for the term of the agreement
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/ Cash reserves can be used for more profitable areas of the business*
/ You have immediate use of the asset
/ Simple documentation
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* For business users only. Please discuss with your accountant.
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Apply now for UDC Vehicle Loan
Apply now for a UDC Business Loan
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