Commercial Hire Purchase

Commercial Hire Purchase, sometimes called Offer to Hire, is simply a contract where the financier purchases the equipment and allows you to use it in return for regular payments. Once the final payment has been made, the equipment belongs to you.

Suitable For:

  • Anyone buying business equipment who wants to own the equipment once the final payment has been made.
  • Motor vehicles, trucks, industrial plant and equipment, earthmoving machinery, professional equipment.


  • Depreciation of equipment and interest may be tax deductible.
  • No deposit necessary.
  • Doesn’t tie up other assets – equipment being purchased is generally enough security.
  • Flexible payment schedule can be structured to suit your cash flow.
  • A balloon payment at the end of term can be arranged to reduce the regular repayment amounts.
  • Normally input tax credit can be claimed back on the first BAS statement when a business is on a GST Accrual basis. If the business is on a GST Cash basis, the input tax credit is normally claimed back and amortised over the life of the loan.


  • Term 1 – 7 years
  • $15,000 +
  • Pre-approved bulk credit limits
  • Master loan documentation
  • Fixed interest rate
  • Flexible repayments and methods available
  • GST on terms charges apply

RTF Financial Services are a part of the S3F Group

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