The new financial year has started and for many a tax bill will be inevitable. As such, it may be not be a good time of year to purchase that piece of machinery required for your business. Fortunately, another method of finance is available. We understand that circumstances arise which mean you are unable to finance the equipment you need for your business, but as such your business suffers. We know that having the latest equipment on hand is essential to any business.

By renting your equipment it will free up your valuable cash resources, and provide you with an opportunity to discover whether the equipment you are renting is essential for your business. At the end of your rental period you may choose to purchase, continue to rent, return, upgrade or change the equipment. Equipment rental is a fantastic solution for those unable to purchase or unsure of the equipment they require at any given time.

We are now at the beginning of a new financial year and why not use this time to ensure that your car is financed in the most tax effective way. A novated lease is a tax effective way of financing your vehicle. Many employers provide this method of financing to their employees in an endeavour to help them reduce tax. By providing employees with such opportunities it helps emloyers to attract new staff and retain their existing staff.

A novated lease is a method of financing a vehicle from your pre-tax income. This ultimately reduces your tax and effectively increases your take home pay. Many employers allow you to also finance your partner’s vehicle from your pre-tax income by way of a novated lease. A fully maintained novated lease is whereby the car repayments as well as the running costs of the vehicle are deducted from your pre-tax income. The running costs of a vehicle include fuel, tyres, servicing, registration and insurance.

With the school holidays amongst us we will see an increase of people travelling longer distances on our roads, and as such safety is a major concern. We wish to see the road toll reduced and this has been a very hot topic of conversation in the media of late. One issue that is consistently raised is the need for younger drivers to have safer cars. When young people are starting out it can be difficult to find the funds required for a newer model and therefore safer vehicle.

To see if you qualify for car finance on a new or used vehicle speak to a Madison Finance representative on 1300 887 967. We can help put you behind a safe vehicle to provide you with a better and safer driving experience.

If you require finance for your equipment, we at Madison Finance have a number of options which are available to you. If you are a new business you may wish to look at renting your equipment to enable you to establish your business in the marketplace. By renting your equipment you will be able to access the equipment you require immediately, without the usual upfront costs and financiers requirements. You can rent the equipment with a view to purchase it at a later date, continue to rent, return it or upgrade or change the equipment. This is a great method of acquiring the equipment you need when you require it, not when your financial circumstances dictate it.

If you are a well established business you may still wish to rent certain pieces of equipment to see if the equipment is right for your business, without the costs associated in purchasing it. This way you can purchase the equipment once you know the equipment is worthwhile and beneficial to your business. If you are certain of the equipment you require there are a number of financing options available to you. Even if the equipment you require is only of minimal value (around $5,000) we have small ticket finance available. So whether you wish to rent, lease or finance your equipment we have a solution for you.

By renting your equipment you will be in a position to obtain the equipment required for your business immediately. At Madison Finance we understand that starting up a new business is costly and needless to say difficult to obtain finance when you are a start up business. As such, we are pleased to provide our customers with a solution to enable them to get their business started without the financial burden. By using our equipment rental program you will be able to obtain the equipment you require for your business without waiting for your business to have been running for a certain length of time.

By renting your equipment you will be in a position to obtain the equipment you require to run your business effectively and efficiently when you see fit, not when your financial sitution enables you to. By having the latest equipment on hand you will be able to service your customers to the best of your ability thus remaining competitive.

To find out more about the Madison rental program speak to a Madison Finance representative today on 1300 887 967.