This is a popular method of obtaining the use of assets without a large capital outlay whereby the Bank (the lessor) provides funds for the purchase of business assets such as plant, equipment, motor vehicles etc as selected by the customer (the lessee).
Features at a glance
- Facility offered is for a finance lease whereby at the end of the leased term the customer is deemed to have acquired the asset(s) (eg capital items and tangible assets with good resale value) upon repayment of the residual value
- Company financials and Statement of Position are required to be taken analysed and updated annually
- Not available to personal account holders.
Apply for asset financing by visiting your local ANZ branch or call
All lending is subject to ANZ’s normal credit approval criteria. Terms and conditions available upon request. Fees and charges apply.
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