With this product MCF buys the equipment and leases it to you in return for the regular lease rentals. The acquired equipment is usually the only security used for the lease.

Some of the key features of leasing are: Pay no up front deposit – 100% of the motor vehicle or equipment's purchase price is financed Rentals are, depending upon circumstances, usually tax deductable Lease rentals can be structured to suit your cashflow Terms from 12 months to 60 months – choose the term that best suits your business and the life of the asset Use the leased goods as security – generally your freehold can be left for other funding requirements Fixed interest rate for peace of mind

Options

To ensure you get the most out of your capital and the goods you are acquiring, MCF has included a number of options:

• Flexible repayments – structure the rentals to suit your cashflow. You can now vary the money you pay to the money coming into your business
• Flexible terms – choose the length of the lease. The life of a lease usually depends on two things: how much you want to pay per month, and the life of the asset – you shouldn't be paying off equipment that is no longer contributing towards your income!
• Flexible acquisition of goods – use the lease to acquire goods being used to produce income within the business

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 Lease will vary depending on which State you are in, the vendor of the goods, the amount of lease, 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 lease may impact on your business, financial, legal or taxation position

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By choosing a Master Lease Agreement/ (Bulk limit), you can cut down on the administration when planning a number of acquisitions by creating an umbrella (Master) lease that will establish a pre-approved line of credit for those acquisitions. Plus you can designate an authorised signatory on behalf of your company.

Some of the key features are:

• Ability to acquire goods at short notice – each individual Lease Rent Agreement need only be executed by an authorised signatory for each drawdown and can be prepared promptly
• Limit is available up to a period of 12months – therefore enables you to plan your future business needs

Options

To ensure you get the most out of your capital and the goods you are acquiring, MCF has included a number of options:

• Flexible repayments – structure the rentals to suit your cashflow. You can now vary the money you pay to the money coming into your business
• Flexible terms – choose the length of the lease. The life of a lease usually depends on two things: how much you want to pay per month, and the life of the asset – you shouldn't be paying off equipment that is no longer contributing towards your income!
• Flexible acquisition of goods – use the lease to acquire goods being used to produce income within the business

Fees

A one off administration fee is payable for each individual facility at the time of settlement. Fees may vary from State to State.

Other fees and government charges associated with the Lease will vary depending on which State you are in, the vendor of the goods, the amount of lease, 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 lease may impact on your business, financial, legal or taxation position

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Novated Leasing is a lease arrangement that addresses the differing needs of employers and employees, to provide a solution that seeks to benefit everyone.

A Novated Lease is an agreement between an employer, an employee and MCF, which amounts to a transfer of the obligation to meet the lease rentals under the finance lease from the employee to the employer.

A MCF Novated Lease enables an employee to drive the car of their choice and to take that car with them if they change jobs.

As an employer, it eliminates the financial burden of having to have the vehicle listed on the company books and of having to dispose of it should the employee leave. You simply pay the lease rentals on behalf of the employee during the employment with you.

Some of the key features are as follows:

EMPLOYEES

• Enjoy unconditional use of the car of their choice
• Because the lease is portable – they have the option to take the car with them when they change jobs
• Flexibility in structuring remuneration packages
• The employee may be able to take advantage of fleet discounts and other benefits
• A Novated Lease preserves the equity the employee has built up in the car, so they can use it to upgrade or change over to a new vehicle

EMPLOYERS

• With balance sheet ratios unaffected by motor vehicle liabilities, the employer's borrowing power remains intact
• Employers can attract new employees, or provide incentives by offering to package the motor vehicle of their choice as part of their salary
• The employers only obligation is to pay the lease rentals
• No unwanted car or disposal problems. When the employee leaves, the employer's lease obligation ends with the employee's termination of employment
• The employers, may usually claim eligible income tax deductions for lease payments and motor vehicle running costs
• Fixed interest rate offers consistency in repayment commitment

Options

• Flexible repayments – lease rentals are met by the employer as part of the employee's salary package
• Flexible terms – choose the length of the lease. The life of a lease usually depends on two things: how much you want to pay per month, and the life of the asset
• Flexible acquisition of motor vehicles

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 Lease will vary depending on which State you are in, the vendor of the goods, the amount of lease, 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 novated lease may impact on your business, financial, legal or taxation position

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