Vehicle, Plant & Equipment Finance

Plant and equipment loans

MJ Broking can assist you to finance your plant and equipment upgrades with a range of loan options that can be easily designed to suit your cash flow.

Vehicle finance and leasing

MJ Broking can arrange finance for cars, boats, motorbikes, jet skis and other registrable items. The most common form of financing is through a secured loan. The asset purchased is used by the lender as security for the loan often allowing a lower interest rate in return.

Secured loans (consumer mortgages) are designed for people purchasing for private use MJ Broking can arrange finance for consumer car loans and commercial car loans.

Our products include: chattel mortgage, hire purchase, novated lease, consumer car loans.
Leasing, hire purchase and chattel mortgage loans are available for vehicles used for at least 50% business needs.

At MJ Broking we make sure the client application meets all lending criteria to provide the best chance of securing approval.

Chattel mortgage

Chattel mortgage is an ideal way for individual business customers to maximise the taxation benefits gained from financing new plant & equipment.

It is designed for those sole traders and partnerships who account for their business operations on a cash basis and can be used for purchasing a new equipment or upgrading existing equipment.

Commercial hire purchase

Commercial hire purchase agreements are typically used by individual business customers who wish to place a deposit into their finance contract or nominate the value of the balloon (final instalment) on their contract.

This type of contract offers maximum flexibility to set the monthly repayment amount to suit individual circumstances.

Hire purchase

Commercial hire purchase agreements are typically used by individual business customers who wish to place a deposit into their finance contract or nominate the value of the balloon (final instalment) on their contract.

This type of contract offers maximum flexibility to set the monthly repayment amount to suit individual circumstances.

FAQ

Frequently Asked Questions

Q : How to Switch Banks?

A: If you’re going to write checks or use online bill pay, start writing checks from the new account and fund those payments by transferring money from your old account.

Q : Why should I spend money on a financial advisor?

A: Most commonly, individuals seek the help of a financial advisor for retirement planning. But they can do much more than that. You can get help with college savings, work on household finances and even get out of debt with the help of a financial advisor.

Q : Can I get help with
 my credit card debts from a financial advisor?

A: Absolutely. Clients can work with a licensed financial advisor to pay off their debts and get back on track financially. Financial advisors have access to programs most individuals can’t get into on their own, and they have connections in the financial industry most of us simply don’t have.

Q : I am already in
 debt. How can I afford a financial advisor?

A: The help of a financial advisor may be less expensive than you might think. Depending on the help you are looking for, you could be looking at a fee only situation or commission based pricing.

Possible Risks

Market risk, or “principal risk” is the chance that a downturn (or a bad investment) chews up your money. It’s there for both stocks and bonds — when interest rates rise, bondholders will see the market value of their paper shrink — and for most people it’s the big bugaboo.

Inflation or purchasing-power risk for most people is the “risk of avoiding risk” — the opposite end of the spectrum from market risk — the possibility that you are too conservative and your money can’t grow fast enough to keep pace with inflation

We Will help you to understand:

  • Retirement Financial Planning with Wealth Creation
  • Wealth Creation
  • Asset Protection
  • Investing for Retirement with Self Managed
  • Superannuation Fund (SMSFs)
  • And more other instruments

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