Equipment financing specialists
01
TRANSPORT
Truck, Car, Motorbike, Aviation, Helicopter, Marine, Boat, Bus and Coach
02
FLEETS
Cars, Vans, Commercial Vehicles, Foklifts
03
GENERAL PLANT
Fit outs, Photocopiers, Storage
04
EARTH MOVING EQUIPMENT & MINING
Dump Truck, Excavators, Cranes, Bulldozers
05
AGRICULTURE EQUIPMENT & FARMING
Trailers, Tractors, Telehandlers, Harvesters
06
I.T
Laptops, Desktops, Tablets, Phones, Servers, Software
Products
A Chattel Mortgage is a commercial finance product that enables a customer to take ownership of an asset (usually a vehicle) at the time of purchase.
How does a Chattel Mortgage work?
Under a Chattel Mortgage, a financier advances funds to a customer in order to purchase an asset. The customer takes ownership of the asset at the time of purchase and an invoice is made out to customer. The financier then takes a mortgage over the asset as security for the loan by registering a Fixed Charge with ASIC. Once the contract is completed, the charge is removed to give the customer clear title to the asset.
Benefits of a Chattel Mortgage
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Flexible contract terms ranging from 12 to 84 months.
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A balloon can be applied to the contract.
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Fixed interest rates.
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Fixed monthly repayments.
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Costs are known in advance.
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A deposit (either cash or trade-in) may be used.
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No GST is charged on the monthly repayments or balloon payment.
Who does a Chattel Mortgage suit?
A Chattel Mortgage is suitable for companies, partnerships and sole traders who have a valid ABN for tax purposes.
Tax implications of a Chattel Mortgage
GST is charged in the purchase price of the vehicle, but not the monthly rental or balloon (final payment). Where the hirer is registered for GST, they can apply Input Tax Credits to claim some or all of the GST contained in the purchase price of the vehicle/equipment. Under a Chattel Mortgage, the customer can claim the interest charges on the contract and depreciation according to the ATO guidelines.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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A Commercial Hire Purchase (CHP) is where a customer hires a vehicle from a financier for a fixed monthly repayment over a set period of time.
Alternative names for a Commercial Hire Purchase include Corporate Hire Purchase (CHP), Hire Purchase (HP), Term Purchase (TP) or Offer To Hire.
How does CHP work?
Under a CHP arrangement, the financier agrees to purchase the car on behalf of the customer, and then hires it back to the customer over a set period of time. The customer has the use of the vehicle for the term of the contract but is not the owner of the vehicle. At the end of the contract term when all payments have been made, including balloon if applicable, the customer takes ownership of the asset.
Benefits of a CHP
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Flexible contract terms ranging from 12 to 84 months.
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A balloon payment can be applied to the contract.
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Fixed interest rate.
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Fixed monthly repayments.
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Costs are known in advance.
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A deposit (either cash or trade-in) may be used.
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No GST is charged on the monthly repayments or balloon payment.
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Who does a CHP suit?
A Commercial Hire Purchase is suitable for companies, partnerships and sole traders.
Tax implications of a CHP
Where the hirer is registered for GST, they can apply Input Tax Credits to claim some or all of the GST contained in the purchase price of the vehicle/equipment. Under Commercial Hire Purchase, the customer can claim the interest charges on the contract and depreciation according to the ATO guidelines. A tax deduction is available when the vehicle is used for business purposes.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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A consumer loan is a contract between a financier and an individual whereby the financier finances a vehicle for the individual’s personal use.
How does a Consumer Loan work?
The client takes ownership of the vehicle at the time of purchase and the vehicle is used as collateral against the loan. Once the contract is completed, the finance company will remove their security on the asset to give the customer clear title.
Benefits of a Consumer Loan:
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Flexible contract terms ranging from 12 to 84 months.
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A balloon payment can be applied to the contract.
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Fixed interest rate.
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Client takes ownership at the start of the contract
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A deposit (either cash or trade-in) may be used.
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Interest is calculated daily on the balance outstanding.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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A Finance Lease is where a customer has use of an asset and enjoys the benefits of ownership, yet the financier still retains ownership of the asset.
How does a Finance Lease work?
The financier purchases the asset on behalf of the customer, who then leases it back from the financier and pays a fixed monthly rental for the term of the lease. At the end of the lease, the customer can either pay a residual value (final instalment) and take ownership of the car, trade it in or re-finance the residual and continue the lease.
Benefits of a Finance Lease
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Flexible contract terms ranging from 12 to 84 months.
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Fixed interest rate.
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Fixed monthly lease rentals.
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Costs are known in advance.
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A residual is applied to the lease based on the ATO life expectancy of the asset.
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Tax deductions are applicable when the asset is used for business.
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As GST contained in the car’s purchase price is claimed by the financier, only the asset’s price exclusive of GST is financed, lowering monthly payments.
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Ability to make advance lease payments for tax deduction or cash-flow purposes.
Who does a Finance Lease suit?
Finance Leasing is suitable for companies, partnerships, sole traders and individuals where the leased asset is used for income producing purposes.
Tax implications of a Finance Lease
GST is charged on the monthly lease rental and on the residual value at the end of the lease (where the customer is registered for GST).
Residual Value (RV) of a Finance Lease
Residual Value on equipment under a Finance Lease needs to be in line with Tax Guidelines, and is based on the effective life of an asset as stipulated by the ATO.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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Insurance Premium Funding is designed for corporate clients with a large insurance premium. It enables this premium to be funded over an extended period of time (usually 10-12 months).
How does Insurance Premium Funding work?
A customer provides a detailed insurance policy to the financier, including the premium due date. A quote is then generated over 10-12 months as a fixed monthly payment. The minimum premium amount accepted is usually $5,000.
Benefits of Insurance Premium Funding
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Preserves working capital.
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The ability to cater for both general and business related insurance requirements.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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A Novated Lease is the most common way of salary packaging a vehicle. An employee leases a vehicle and their employer pays the monthly lease rentals from the employee’s pre-tax income.
How does a Novated Lease work?
A Novated Lease is a three-way agreement between an employer, employee and finance company, whereby the employee enters into a lease agreement with the financier and the employer agrees to take on the employee’s obligations under the lease. Under this arrangement, the employer pays the monthly lease rentals on behalf of the employee, and provides the vehicle for the employee to use as part of their salary packaging arrangement. If employment ceases for any reason, or the lease agreement is finalised, the Novation ceases and the obligations assumed by the employer revert back to the employee.
Benefits of a Novated Lease
For Employees:
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Choose the car that best suits your needs
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You can take the vehicle and lease with you if you change jobs
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Repayments are made from your pre-tax income
For Employers:
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No residual risk
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No excess vehicles if an employee leaves
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You can offer a more attractive remuneration package to potential employees
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Reduced administration time and costs (compared to company cars)
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Reduced on-costs such as Payroll Tax and WorkCover premiums
Who does a Novated Lease suit?
A Novated Lease suits an employee who wishes to include a motor vehicle as part of their salary package (assuming their employer offers salary packaging as an option).
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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An Operating Lease is a contract whereby an owner (Lessor) lets a user (Lessee) use an asset for a set period of time in return for regular payments.
This period of time is shorter than the economic life of the asset and there is no transfer of ownership rights.
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Benefits of an Operating Lease
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Tax deductible payments.
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Preserve your cash flow.
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Tailored solutions and the ability to trade up more frequently.
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Flexible end of term options – hand back, upgrade or purchase at fair market value.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.
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Your Needs, Our Offering
At Translease, we pride ourselves on delivering exceptional customer service.
That means you’re assured of receiving flexible terms and conditions, fast approval process, and ultimately, the best possible finance solution for your business needs.
What’s more, our broad portfolio of lenders gives you ultimate choice and flexibility over your lease, plus our high turnover volume enables you to take advantage of highly competitive interest rates and approval conditions.
*Conditions apply, subject to policy changes.
Convenience
We offer quick and easy applications for vehicle and equipment finance, with no financials required for funding up to $500,000*.
Tailored solutions
Whether your business is large or small, we tailor the right finance solution to suit your exact requirements, both now and in the future.
Experience
Our team of industry professionals has a wealth of experience in business finance and equipment leasing across a wide range of sectors.
Choice and flexibility
Our extensive portfolio of lenders makes it easy to choose the right product for you.
Personalised service
We’re committed to delivering exceptional customer service, including regular and attentive client communication.
Seamless approval
With competitive interest rates, flexible finance options and a convenient application process, you benefit from seamless approval when you deal with Translease.
Our Translease Guarentee
10K
+
SHIPMENTS DELIVERED
99.7
%
CUSTOMER SATISFACTION RATE
80
+
TRUSTED BY 80+
LENDERS
200
+
GLOBAL PARTNERS
50
+
GLOBAL PARTNERS
25
+
YEARS OF DEDICATION
What our clients say
For nearly 20 years, AJM Transport has relied on Translease for all of our equipment financing needs. What sets Translease apart is their ability to think outside the square—offering flexible, tailored finance solutions that truly support our growth. Their experience, reliability, and personal approach make them an essential partner in our business
AJM Transport AU/UK
Our company, Compas Transport Pty Ltd, has had the pleasure of working with John and the Translease team for over 10 years. During this time, we have financed a wide range of equipment and vehicles, including trucks, trailers, work utes, forklifts, and cars.
We have occasionally sought quotes from our own bank, but Translease has consistently provided better options. The level of personal service from John and his team is truly exceptional.
The service we’ve received has always been prompt, reliable, and helpful.
Compass Transport Pty Ltd
Khera Freightlines Pty Ltd has been working with John and the Translease team since 2014, when we purchased our first truck. Today, we operate a fleet of over 50 trucks and trailers, and we cannot thank the Translease team enough for their ongoing support and outstanding service over the years.
The team has always been highly professional, with a genuine interest in our business and a strong commitment to helping us forward-plan for future truck and trailer acquisitions. Their proactive approach has played a key role in our growth by providing the best possible rates and finance options for our business
Khera Freightlines Pty Ltd
Our Partners
Like to know more about our equipment financing services?
Call us on 1300 13 20 20 or get started with a quote today