Truck Finance Perth
Whether you need a truck as part of a company or for private business ventures, Yes Loans can assist by arranging truck financing at competitive rates and excellent payment terms subject to credit approval. You benefit by dealing with a company that puts your needs first. Our experienced finance consultants have extensive experience in the loan industry and leave no stone unturned when it comes to providing finance. With years of knowledge and a large panel of lenders, Yes Loans should be your first choice for finance in Perth.
When it comes to owning a truck, there is a lot to consider besides the purchase amount. You’ll have extra expenses such as general maintenance and running costs. We take everything into consideration when finding rates and payment terms. There is nothing worse than worrying about making payments because your finance was handled incorrectly. We take the time to get to know our clients as individuals and provide finance packages based on their current finance situation and needs.
Renting vs owning
As a temporary solution, some people may opt for renting a truck over purchasing one. When you have a trusted truck finance broker on your side, you won’t be led in the wrong direction. Renting a truck just means that you are paying for someone else’s ownership. You want to be putting money into a possession that you will actually own eventually. When you opt for renting, you are still liable for the day-to-day running costs of the truck, which means, you have nothing to lose by applying for new or used truck loans. Even if you have previous bad credit, we take into account your current status and are still more than happy to assist you with a loan as best we can. Submit an application and we will assist every step of the way.
We say YES more often!
We have various truck loan options that may help in achieving ownership.
Chattel mortgage finance refers to a financial service provider funding the purchasing of an asset. The prospective owner takes immediate ownership, and the lender takes a mortgage over the truck as security for the loan. Once all payments are complete, the mortgage is removed thus ensuring the owner has full possession. This is an option to explore if you are having trouble obtaining credit through a bank.
Under a truck lease you would have the use of the vehicle and all the benefits of ownership however you don’t have the large financial outlay of the purchase of the truck. The financier purchases the vehicle on your behalf, which you then lease back from the financier at a monthly rate for the term of the lease. At the end of the lease you would have the option to pay a residual value (final instalment) and take ownership of the vehicle, re-finance the residual and continue the lease, or trade it in. Truck Leasing is suitable for companies, partnerships, sole traders and individuals where the leased vehicle is used for income producing purposes.
In a hire purchase arrangement a Loan company buys a vehicle for a customer and then hires the client the use of the motor vehicle on a contractually stated payment plan. The purpose of this transaction is that ownership is gained upon the client making the final payment. Contact Yes Loans for a hire purchase quote.
At Yes Loans, we try to make it as easy as possible for you to obtain truck financing.
Own the truck of your dreams with the help of Yes Loans. Contact us today.