Grow your business with Festool & LeaseGo

If you meet the following criteria then you are good to apply for LeaseGo

• 18+ years old
• Using the equipment predominantly for business use
• Australian citizen or permanent resident
• Good credit history
• Have a valid driver’s licence to verify your identity
• Employed or self-employed
• Earn over $40,000 per annum revenue

Equipment leasing differs from purchasing in that it allows businesses to use equipment without taking ownership, which can be advantageous for avoiding large capital expenditures.

Almost anything and everything you find at Festool can be leased.

The equipment leasing process is relatively straightforward, allowing businesses to quickly acquire the equipment they need and incorporate it into their operations.

To apply you will need:

• Mobile phone
• Drivers licence
• Your ABN if applying as a business owner

Lease terms range between 24 and 48 months, providing businesses with options to select a term that aligns with their financial planning.

Absolutely! Some reasons include:

• Keep your capital in your business for the things which give you a much higher return on investment that can’t be financed (hiring more staff, buying stock or advertising)
• By having an expense for your equipment you can keep up to date by upgrading at the end of your term
• Easy to account for – No complicated depreciation, with leasing you have an easy monthly expense
• Easy on cashflow – No large capital requirements, just an easy to budget monthly expense

At the end of the lease term, if you wish to the keep the equipment indefinitely (no need to return) simply elect the ‘keep payment’ which is equal to one additional month’s rental.

LeaseGo has an Establishment Fee of $79 for transactions up to $1499, or $99 for transactions over $1500.