LeaseGo offers flexible equipment financing options for your business. With funding between $500 and $50,000 and terms of 24, 36, or 48 months, you can easily spread the cost of your business’ tools over their useful life.
Tools financed the flexible way
Simple Application Process
Applying for equipment financing with LeaseGo is quick and easy. Simply apply online in minutes, provide your approval number to an approved LeaseGo retailer salesperson, and sign your contract via your phone.
Tax Deductible Expenses
Leasing equipment through LeaseGo allows you to deduct the monthly payments as business expenses. Consult with your tax advisor for more information.
Protection against theft
For transactions up to $15,000 built in protection against theft. Claim fees and Tu0026amp;Cs apply – call 1300 463 863 or visit leasego.com.au to learn more.
u003ch2u003eLow cost and low fussu003c/h2u003ernLeasing tools is the least of your worries! We get it. That’s why we make things easy for you. Access the capital you need to grow, and enjoy low monthly payments, with minimal paperwork or fuss.rnu003culu003ern tu003cliu003eu003cstrongu003eA one-off Establishment Fee is payable upon commencement of your lease.rn$79 for transactions up to $1499, or $99 for transactions over $1500.u003c/strongu003eu003c/liu003ern tu003cliu003eu003cstrongu003eSpread the cost over 2 to 4 years with direct debited monthly repayments.u003c/strongu003eu003c/liu003ernu003c/ulu003e
FAQs
Leasing sounds complicated but it really isn’t. We’re here to help demystify the process.
Does my business qualify for LeaseGo?
If you meet the following criteria then you are good to apply for LeaseGornu003cul id=u0022w-node-_7f62ba22-2371-afc8-8036-b5a71c4d98f8-e043777fu0022 role=u0022listu0022u003ern tu003cliu003e18+ years oldu003c/liu003ern tu003cliu003eUsing the equipment predominantly for business useu003c/liu003ern tu003cliu003eAustralian citizen or permanent residentu003c/liu003ern tu003cliu003eGood credit historyu003c/liu003ern tu003cliu003eHave a valid driver’s licence to verify your identityu003c/liu003ern tu003cliu003eEmployed or self-employedu003c/liu003ern tu003cliu003eEarn over $40,000 per annum revenueu003c/liu003ernu003c/ulu003e
How does equipment leasing differ from purchasing?
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.
What types of business equipment can I lease?
Almost anything and everything you find at our approved LeaseGo retailers can be leased. All power tools, computers, hand tools, safety equipment, printers, and accessories can be leased.
How does the equipment leasing process work?
The equipment leasing process is relatively straightforward, allowing businesses to quickly acquire the equipment they need and incorporate it into their operations.
What do I need to apply?
To apply you will need:rnu003cul role=u0022listu0022u003ern tu003cliu003eMobile phoneu003c/liu003ern tu003cliu003eDrivers licenceu003c/liu003ern tu003cliu003eYour ABN if applying as a business owneru003c/liu003ernu003c/ulu003e
What is the typical lease term for business equipment?
Lease terms range between 24 and 48 months, providing businesses with options to select a term that aligns with their financial planning.
Are there benefits to leasing business equipment?
Absolutely! Some reasons include:rnu003cul role=u0022listu0022u003ern tu003cliu003eKeep 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)u003c/liu003ern tu003cliu003eBy having an expense for your equipment you can keep up to date by upgrading at the end of your termu003c/liu003ern tu003cliu003eEasy to account for – No complicated depreciation, with leasing you have an easy monthly expenseu003c/liu003ern tu003cliu003eEasy on cashflow – No large capital requirements, just an easy to budget monthly expenseu003c/liu003ernu003c/ulu003e
What happens at the end of the lease term?
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.
What are the upfront costs associated with leasing equipment?
LeaseGo has an Establishment Fee of $79 for transactions up to $1499, or $99 for transactions over $1500.