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If you are considering purchasing business equipment or assets, we can help you with the finance to do it sooner. Not only will your business benefit right away, you could also be eligible for the ATO $30K instant asset write-off at tax time. You can also benefit from our Finance offer of 7 Weeks No Repayment Business Loans .
7 Weeks No Repayment Business Loans
For eligible business loans settled between 3 May and 9 June 2019 inclusive, no loan repayments required from the loan settlement date to 30 June 2019 (inclusive). Total loan repayment term will be extended by the time equal to your loan payment deferral period.
What you can use the funds for?
There are many ways small businesses can invest $30,000 to help their business grow.
To automate business systems like bookings, invoices or rostering.
Including desktop computers, printers, scanners, photocopiers.
Office and shop fittings
Including new café tables, display and shelving, kitchen equipment, signage, air conditioners. – New and second
New and second hand work vehicles
Including utes and forklifts.
Including machinery, lathes, hoists, plant and other equipment, sheds and storage containers for equipment.
Primary production capital expenditure
Including fencing and water facilities such as dams, tanks, bores, irrigation channels, pumps, water towers and windmills.
*Assets excluded include horticultural plants and in-house software allocated to a software development pool.
$30k Instant Asset Tax Write Off
Small business owners who are considering purchasing business equipment or assets, can now benefit from the government’s $30,000 instant asset write-off if they purchase
before 30 June 2019. If you are concerned about disrupting cash flow to make the investment, a short-term business loan from Clickcapital could be the answer.
Here is a snapshot, but you can find more information by searching for ‘Simplified depreciation
for small business’ on the ATO website.
Why choose Clickcapital loan over an equipment lease
Small Business owners comparing equipment finance to a Clickcapital Small Business loan realised that using Clickcapital they would own the asset outright and could re-sell if they wished.
Using a Clickcapital Loan
Using Equipment Lease