An Asset Purchase agreement is a contract which enables commercial users to purchase goods by means of repayments with guaranteed end ownership. Equity is increased with each repayment and an option to purchase may be exercised at any stage during the contract.

Some of the features of Asset Purchase are as follows: Choice of financing 100% of the invoice price OR contributing some form of deposit - cash or trade. Depreciation and interest are usually tax deductable Monthly repayments can be structured to your cash flow Guaranteed end ownership of the goods The option to purchase the equipment at any time during the term if the contract All equity in goods is retained by you No GST on repayments (GST included in purchase price) Fixed interest rate for peace of mind

Options

• Flexible repayments - structure the repayments to suit your cash flow.
• Structure the facility with or without a balloon
• Flexible terms - the choice from 12-60 months allows you to match a term suitable for the life of the asset and the need for the business.
• Freedom in choosing goods suitable for your business, with a minimum finance amount of $18,000.00.
• Guaranteed end ownership and the option to purchase the equipment at any time during the term of the contract.

Fees

A one off administration fee will apply. The fee is payable at the same time as the first instalment. Fees may vary from State to State.

Other fees and government charges associated with the Asset Purchase will vary depending on which State you are in, the vendor of the goods, the amount of the loan, and any Federal Government charges. Contact MCF on 1800 670 236 for details

Equipment Finance products are offered by Suncorp Metway Advances Corporation Pty Ltd ABN 89 100 845 127. The above information applies to approved applicants only and is subject to terms and conditions that are available on application or request.

This does not constitute business, financial, legal or taxation (including GST) advise - you should seek independent advice as to how a asset purchase may impact on your business, financial, legal or taxation position.

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Introduction

By choosing a Master Asset Purchase Agreement/(bulk limit), you can cut down on the administration when planning a number if purchases by creating an umbrella (Master) Asset Purchase that will establish a pre-approved line of credit for those purchased. Plus you can designate an authorised signatory on behalf of the company.

Key Features

• Ability to purchase goods at short notice - each individual Asset Purchase Agreement need only be executed by an authorised signatory for each draw down and can be prepared promptly
• Limit is available for a period up to 12 months - therefore enables you to plan your future business needs

Options

• You can now vary the money you pay to match the money coming into the business
• Structure facility with or without a Balloon payment - opting to have a balloon may reduce your monthly instalments.
• Flexible terms - The choice from 12-60 months allows you to match a term suitable for the life of the asset and the need for the business.
• Freedoms in choosing goods suitable for your business, with a minimum finance amount of $18,000.00.
• Guaranteed end ownership and the option to purchase the equipment at any time during the term of the contract.

Fees

An administration is payable for each individual facility at time of settlement. Fees may vary from State to State.

Other fees associated with the lease will vary depending on which State you are in, the vendor of the goods being purchased the amount of the loan, and any Federal government charges. Contact MCF on 1800 670 236 for details

Equipment Finance products are offered by Suncorp Metway Advances Corporation Pty Ltd ABN 89 100 845 127. The above information applies to approved applicants only and is subject to terms and conditions that are available on application or request.

This does not constitute business, financial, legal or taxation (including GST) advice - you should seek independent advice as to how a asset purchase may impact on your business, financial, legal or taxation position.

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