Finance separate equipment and vehicle purchases with just one facility.
If you’ve got plans to buy several pieces of equipment or vehicles and think you’ll need separate loans for each, Medfin can show you a better way.
Medfin Master Asset Finance allows you to pre-plan finance for purchasing vehicles, equipment or office requirements such as computers or furniture under one finance facility. This means multiple purchases can be financed under one approved facility, thereby saving time and effort in administration so you can make purchases quickly and easily when you need them.
Medfin Master Asset Finance is designed for maximum flexibility to embrace a variety of finance types, including a chattel mortgage, lease and hire purchase.
Making Medfin Master Asset Finance work for you.
Imagine your practice is intending to purchase five new pieces of equipment valued at $20,000 apiece over the coming 12 months.
Instead of applying for finance for each purchase as the need arises, Medfin can arrange a single Master Asset Facility of $100,000 to tap into whenever you need.
Each purchase will be simpler and quicker as you will not need to apply for finance each time you want to make a new purchase and you significantly reduce the amount of paperwork required compared with applying for a new loan every time you make a purchase.
What’s more, you can even nominate somebody else, such as your practice manager or director, to make purchases on your behalf.
|How you benefit with Medfin Master Asset Finance.|
Work out the finance plan that suits you best.
|Lease||Hire Purchase||Chattel Mortgage|
|Repayments are tax deductible2|
|Depreciation of the equipment is tax deductible2,3|
|Interest is tax deductible|
|GST is payable on the cost of the equipment|
|GST is payable on your repayments|
Ongoing specialist advice.
For 20 years, Medfin has focused exclusively on the financial needs of medical, dental, veterinary and healthcare practitioners.
As we are part of NAB Health, we are an Australian leader in finance for healthcare professionals.
Our experienced specialists can meet at a time and place that suits you, helping you to acquire the finance you need quickly and easily.
After your facility is in place, your Medfin Specialist remains at call with quality service and specialist industry knowledge.
It’s easy – take the next step
Phone your local Medfin Relationship Manager on 1300 361 122 or…
1. Other fees and charges may apply. 2. If used for income producing purposes – consult your tax adviser. 3. Up to luxury motor vehicle threshold limit – consult your tax adviser.
Important Information: Because we do not know your personal circumstances please consider whether this product is appropriate for your circumstances. Medfin’s Master Asset Finance facility is available to approved customers only and is subject to credit assessment. Medfin’s service time frame is subject to credit assessment results. Terms and conditions apply. Fees and charges may apply. All draw downs requested under a Master Asset Limit remain subject to approval by Medfin. Medfin Australia Pty Ltd ABN 89 070 811 148, Australian Credit Licence 391697 (Medfin). Medfin is a wholly owned subsidiary of National Australia Bank Limited ABN 12 004 044 937, AFSL and Australian Credit Licence Number 230686 (NAB) and part of the NAB Health specialist business.