Equipment Loans 2018-10-12T07:23:37+00:00

Rhino Money Personal loan rate*

from 11.9%

comparison rate

13.9%

Apply for an Rhino Money
Personal loan and get pre-approval now.
That's easy!

Personal
Business
Car
Truck
Caravan
Bike
Boat
Equipment
Solar
Home
Jet-Ski
Camper
Searching for reduced payment terms? Call us! 1300 850 447

Calculator Disclaimer: This loan repayment / calculator simulation is not an offer and has no legal effect on any contracts entered into by you ‘the client’, this simulation and the resulting calculations ‘DO NOT CONSTITUTE A LOAN APPLICATION or OFFER’. It is a rough guide only for the purpose of ease in simulation. All interest rates displayed ‘are guides ONLY’, repayments as a result of this simulation have no legal offering, other benefits are based on a personalised applications, credit worthiness and other assumptions do apply.

†The comparison rate is based on a personal secured loan of $30,000 over 5 years. The comparison is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates are current as at Dec 01, 2017 and vary due to credit score, loan purpose. Amount and subject to change. Rhino Money is a trading name of Nationwide Finance and Loans Pty Ltd Australian Credit Licence number 452913.

*Rate subject to credit criteria and loans over $100,000.

Australian Credit License Number 452913

Making the procurement of tools hitch-free…

Equipment loans have become a matter of necessity with the view of providing loans to buy business equipment. There is no way businesses will not be in need to procure, replace, repair or stimulate different parts with the view of enhancing the processing, manufacturing, or production of their product.

To be categorical, equipment includes materials like medical and dental medical machinery; restaurant ovens, cookware, tables and chairs, catering supplies; phone systems; computer monitors, printers, copiers; furniture, tools, vehicles (for commercial use), specialized machinery, industrial equipment, and a host of others.

The ultimate relevance of equipment cannot be relegated to the backyard in the system of production. Material plays a significant role towards having mass output. To this end, using state-of-the-art equipment is crucial to having good production and productivity.

While manufacturers of different products underscore the value of modern equipment, many of them are financially incapable of buying quality and modern equipment. To this end, there is an increase in the prevalence of poor productive output.

In an attempt to rectify the systemic challenges, the idea of Rhino-Money equipment loan was borne out. More than any other time in history, we offer equipment loans that are much helpful and accessible to people from different professions. It should be noted that the equipment loan is not limited to a group or company, individual or sole proprietor is also enabled to access equipment loan.

More fundamentally, equipment loans are entirely different from standard business terms loans. This is because; equipment loans are fully secured by the equipment you purchase or intend to buy. More often than not, our equipment loans are attached with affordable requirements and require less documentation in comparison with a traditional term loan.

However, there are no specific or regular down payment requirements as it depends on the discretion of our lenders to give you a loan decision within several days. Moreover, Rhino-Money lenders provide flexible payment schedules, enabling you to defer payments or effect payments on a monthly basis or semi-annually.

Worthy of note is that you must especially evaluate yourself if you need specific pieces of equipment before applying and adopting for equipment loan. Your ability to rightly answer the following questions will put your equipment loan proposal in a place of pride. These include: Am I replacing the critical part of the machinery that has broken? Do I still need to purchase particular equipment to stay competitive? Will this new equipment heighten or marginally reduce my revenue? These set of questions are worthy to be asked before you decide to pursue a loan.

It would be stated for reference purpose that the equipment you purchase will secure the loan, thereby serving as the collateral. In other words, defaulting on the loan is directly proportional to forfeiting claim of ownership over the equipment as our lenders have the right to claim the stuff and sell it to get recover money back.

It is therefore advised that if you do not see a vision or have strategic plans on how the equipment can generate a return to repay the loan, you may hold off until you can afford it or consider financing a smaller percentage of the equipment’s value.

Why is Rhino-money Business Equipment Loan Important?

  • To replace old equipment
  • To update older or out of date equipment
  • Add to your existing equipment inventory

2018 Rhino Money | Web Design by Top Hat Media

Apply for an Rhino Money
Personal loan today and get pre-approval tomorrow.
That's easy!

from 11.9%

Rhino Money Personal loan rate*

13.9%

comparison rate

Searching for reduced payment terms? Call us! 1300 850 447

Making the procurement of tools hitch-free…

Equipment loans have become a matter of necessity with the view of providing loans to buy business equipment. There is no way businesses will not be in need to procure, replace, repair or stimulate different parts with the view of enhancing the processing, manufacturing, or production of their product.

To be categorical, equipment includes materials like medical and dental medical machinery; restaurant ovens, cookware, tables and chairs, catering supplies; phone systems; computer monitors, printers, copiers; furniture, tools, vehicles (for commercial use), specialized machinery, industrial equipment, and a host of others.

The ultimate relevance of equipment cannot be relegated to the backyard in the system of production. Material plays a significant role towards having mass output. To this end, using state-of-the-art equipment is crucial to having good production and productivity.

While manufacturers of different products underscore the value of modern equipment, many of them are financially incapable of buying quality and modern equipment. To this end, there is an increase in the prevalence of poor productive output.

In an attempt to rectify the systemic challenges, the idea of Rhino-Money equipment loan was borne out. More than any other time in history, we offer equipment loans that are much helpful and accessible to people from different professions. It should be noted that the equipment loan is not limited to a group or company, individual or sole proprietor is also enabled to access equipment loan.

More fundamentally, equipment loans are entirely different from standard business terms loans. This is because; equipment loans are fully secured by the equipment you purchase or intend to buy. More often than not, our equipment loans are attached with affordable requirements and require less documentation in comparison with a traditional term loan.

However, there are no specific or regular down payment requirements as it depends on the discretion of our lenders to give you a loan decision within several days. Moreover, Rhino-Money lenders provide flexible payment schedules, enabling you to defer payments or effect payments on a monthly basis or semi-annually.

Worthy of note is that you must especially evaluate yourself if you need specific pieces of equipment before applying and adopting for equipment loan. Your ability to rightly answer the following questions will put your equipment loan proposal in a place of pride. These include: Am I replacing the critical part of the machinery that has broken? Do I still need to purchase particular equipment to stay competitive? Will this new equipment heighten or marginally reduce my revenue? These set of questions are worthy to be asked before you decide to pursue a loan.

It would be stated for reference purpose that the equipment you purchase will secure the loan, thereby serving as the collateral. In other words, defaulting on the loan is directly proportional to forfeiting claim of ownership over the equipment as our lenders have the right to claim the stuff and sell it to get recover money back.

It is therefore advised that if you do not see a vision or have strategic plans on how the equipment can generate a return to repay the loan, you may hold off until you can afford it or consider financing a smaller percentage of the equipment’s value.

Why is Rhino-money Business Equipment Loan Important?

  • To replace old equipment
  • To update older or out of date equipment
  • Add to your existing equipment inventory

Calculator Disclaimer: This loan repayment / calculator simulation is not an offer and has no legal effect on any contracts entered into by you ‘the client’, this simulation and the resulting calculations ‘DO NOT CONSTITUTE A LOAN APPLICATION or OFFER’. It is a rough guide only for the purpose of ease in simulation. All interest rates displayed ‘are guides ONLY’, repayments as a result of this simulation have no legal offering, other benefits are based on a personalised applications, credit worthiness and other assumptions do apply.

†The comparison rate is based on a personal secured loan of $30,000 over 5 years. The comparison is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates are current as at Dec 01, 2017 and vary due to credit score, loan purpose. Amount and subject to change. Rhino Money is a trading name of Nationwide Finance and Loans Pty Ltd Australian Credit Licence number 452913.

*Rate subject to credit criteria and loans over $100,000.

Australian Credit License Number 452913

2018 Rhino Money | Web Design by Top Hat Media