Rental Options
Latest technology, high obsolescence, fast depreciating assets are suited to Rental…
Upgrade to new equipment
Terminate & Return equipment
Extend at an agreed rental reduction
Apply to Buy at lease end for agreed value*
Upgrades
Clients can upgrade their existing equipment as required. Existing lease rentals are simply adjusted over the remaining term of the lease or a new lease term can be commenced to cater for new equipment.
Additional Equipment
Additional equipment can be introduced at any time and structured coterminous with the existing lease term if need be.
Equipment Replacement
Clients can trade up and replace all or part of their existing equipment or simply choose to pay out and finalise their existing agreement.
Extension
Clients can retain the equipment after the initial term for an extended period when the equipment is still useful to the business and there is no need to upgrade. Depending on the extended period, quite often ongoing payments can be reduced to assist with ongoing cash flow.
Apply To Buy
For complete piece of mind, for those clients who are uncertain about the useful life of the equipment in their business, we can include an ability to own the equipment after the initial term for an agreed value provided this is requested at the commencement of an agreement.
Low DOC Lending
Matrix Asset Finance understands the needs of small business and offers a variety of solutions to both well established businesses and those with limited trading history.
We have a range of “low doc” and “full doc” options that cater for ABN & GST registered businesses from 1 year old.
Upgrade Programs
A key feature of our Rental solution is it provides options for clients to review their requirements on an ongoing basis.
Clients are given the flexibility to upgrade existing equipment, add additional equipment or trade up and replace part or all of their equipment on an ongoing basis (i.e. at any point during or at the end of the lease term without penalty.
Sale and Lease Back
Should you wish to free up capital, improve your balance sheet, overcome potential losses on disposal, eliminate costs in accounting for assets or just simply wish to implement a disciplined upgrade path, MAF can offer a Sale & Leaseback program.
Under this program MAF will purchase your existing equipment at its written down or fair market value (as agreed to by you) and lease it back to the organisation over a period equivalent to the equipment’s remaining useful life.
Master Agreements
Matrix Asset Finance can provide clients with a single Master Agreement to cover all of your equipment requirements. Once the Master Agreement is in place each asset or group of assets financed are simply added under this facility by simply executing an equipment Schedule.
Each ‘Schedule’ specifies the equipment details, serial numbers, locations, lease term and the agreed lease rentals.
New & Used Goods
Unlike traditional lenders Matrix Asset Finance can easily accommodate purchases of used equipment should the need to purchase new assets not be suitable or financially viable. An asset inspection will be conducted to verify the equipment to be funded is free from any encumbrance and in line with your supplier’s invoice.
Private Sales
Whether you purchase from a recognised dealer or a private seller, Matrix Asset Finance will support your nominated source of procurement. For private sales, a simple low cost asset inspection will need to be conducted prior to settlement.