Business Car Loans from Niche Finance

June 1, 2011 - PRLog -- Niche Finance offers business car loans to their clients. The extensive commercial leasing window of the organization helps clients access a wide range of options when it comes to financing. These are designed to help you out with your financing requirements as well as manage your business in the most cost effective and suitable manner. The focus of the firm is on catering the best in terms of value, support and services towards your business. In case you are a self employed individual and operate under the ABN or need a vehicle for over 50% of business usage as an employee, a business car loan from Niche Finance is your best bet in terms of cost. Visit http://www.nichefinance.com.au/vehicle-finance today.

The options for vehicle financing for ABN holders include a fixed rate loan, equipment which is owned by the client and the charge which is taken by the lender over the asset. For chattel mortgage, your options include those which are best suited for businesses that run on the cash basis for GST and GST on purchase which can be claimed in your following BAS claim. The advantages are manifold. The ownership is credited to the client. There is flexibility guaranteed in terms of the structure, term, no deposit or deposit etc.

The solution is tax effective as well in terms of depreciation and interest. The option of Niche Finance assists you with a cash flow, for claiming your GST in total. For commercial hire purchase or CHP, there is a fixed rate loan offered. The ownership of the equipment is transferred after the final payment has been made. Security is taken over the asset and this option is suited for businesses which require total ownership towards the end of the term. The advantages include that this option is flexible in terms of the structure, deposit and term as is the case with Chattel. It is tax effective too.

The finance lease option requires the lessee for financing 100% of your asset costs without the deposit being utilized. A balloon or residual value payable at the conclusion of the term should be established. The residual values are determined by the ATO and they are based on the depreciation value of a particular asset. The advantages include that this finance lease is financed 100% without cash outlays, with full tax deductibles on rental payments. The implications of FBT, GST and taxation should be considered once you seek the advice of your accountant. Check out http://www.nichefinance.com.au/ today.

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