Finding finance: A brief guide

• The internet is a good place to start where you can check out your own and other bank rates on-line from the office or at home.
• If your purchase is under $50,000 a Hire Purchase contract may be the easiest and quickest way to go.
• The greater the purchase price, the harder a financier will look at your books, so keep them up to date.
• Understand what a finance company’s interest and finance rates are.
• Don’t make a repayment term too long.
• Don’t forget to advise your insurance company of your new acquisition.

To read more about finding a finance option to suit you, read our article here.