Computer & IT Equipment Loans | Computational Finance

Low Docs IT and Computational Equipment Loans

Low Docs applicants are businesses that have some but not all the financial documentation that is requested to complete a standard business loan application. This documentation can include income tax returns, BAS statements, profit and loss statements, annual company accounts and other verifiable financial records of the business trading activity.

When a business is in the early stages of its existence, possibly even just setting up, it’s logical that it would not have accumulated all those records. Many lenders also require a business to have been trading for 12-24 months to be eligible for business loans.

These requirements can create challenges for businesses that need to acquire IT, server and other computational equipment. With so much business activity being handled online, it is a no brainer that a business needs these basics in order to operate.

We deliver affordable, cost-effective low doc equipment loans for computer, IT and associated equipment purchases through our non-bank lenders. Our vast accreditations enable us to source suitable finance to empower our customers to set-up, operate and expand their operations.

To find out how we can assist your business with a low docs loan, just call or request a quote online.

IT Finance Calculator

Making use of this online free calculator is established on the individual’s understanding as well as consent that the estimated figure presented does not imply a financing quote; it does not suggest an application for any loans has actually been lodged; it is not a suggestion that any type of funding application has actually been approved. The formatting of this calculator does not consider particular details relating to any kind of particular individual loan application or any kind of loan provider fees and costs. It is formatted to multiply a basic result based on basic details as well as values solely.

After lodging a formal loan application, the quote and also repayment amounts that you may be offered might differ from the estimate calculated by this Calculator.

The tool is not ideal for computations on loans that are established on a passion only basis. The formatting is totally established to compound the calculated interest rate for a chosen amount of time based upon the values entered by the site visitor.

The calculator is not planned as a device for finance decision-making. Individuals that require financial advice should look for an expert monetary expert in relation to their circumstances. To make an application for lending and receive a quote based upon your individual requirements, the user should call Jade and also have their individual application reviewed by one of our Jade consultants.

Easy Access to the Best Interest Rates on IT Equipment Financing

The interest rate is different for each of the loan products available for equipment purchases – Chattel Mortgage, Leasing, CHP and Rental. This reflects structural aspects of the finance facility and is standard across the lender sector. But while interest rates differ within the range of loan products, we achieve cheaper rates across the entire range.

Better interest rates define our business and can define your next equipment purchase. We achieve these rates as a result of a combination of factors – our drive and determination, our sharp negotiating skills, our vast lender accreditations, our extensive experience and financial industry expertise and our strong bargaining power with selected lenders. We utilise our own high tech computational resources to analyse which lenders are offering the best deals in which sectors at any one time. Financial providers will vary their rates based on a range of factors and having immediate access to trends and movements in the market is an important aspect of our service.

To see the different rates that we are currently achieving on lending refer to our equipment finance interest rates. In this chart, we have listed all our commercial lending facilities and the corresponding interest rates. Calculate your estimated repayments with this chart or call for a specific quote.

Calculate Your Repayment Estimates

As part of our comprehensive equipment lender service, we have provided a range of loan tools to assist our customers to plan and structure their requirements. The main tool is our Equipment Finance Calculator. This is a self-serve, online device, which is accessible from most devices with an internet connection. This means you can use it to plan your loan whenever suits you.

The calculator has fields for the total loan amount, loan term, interest rate and balloon. The loan amount can be 100% of the equipment purchase price as we offer no deposit finance. The interest rate to enter will be our current rate on the type of lending you want. The balloon is the amount of the loan that is set aside for payment at the end of the term.

Simply enter the details of your loan and you receive an estimated repayment. Ideal for working up pre-purchase budgets, deciding which manufacturer you should go with and deciding what percentage balloon and what loan term you would like. Head to the calculator to work up estimates.

Speak with a Jade Equipment Finance Consultant to discuss a financing solution for your computer and IT equipment. Call 1300 000 003.