Your Full Credit Licence loan broker
With access to over 250 lenders, Cairns Finance will find you the right product
Secure equipment finance and use the cash it generates to support your business growth
Cairns Finance are specialists in all avenues of equipment finance, leasing and chattel loans

Renting gives you access to all of the equipment vital to the operation of your business, without the burden of outlaying the total purchase price. Another great option with your equipment may be to Rent-Try-Buy.

Rent up-to-date equipment and use the cash it generates to support your business growth. On the completion of the rental contract, you can purchase the equipment or return it and rent new model equipment.

Renting can be ideally suited to all sized companies who are growing quickly, need constant technology upgrades, wish to keep their balance sheets “clean” or who are unable to access finance through traditional lenders.

Hire Purchase
Use your equipment while you pay it off. You will own the equipment after the final payment. You purchase equipment through a financier, who holds ownership of the product until you make the final payment. Regular payments are made over a set contract period and you have the option as to whether you would like to set a final ‘balloon’ payment. Hire Purchase is best suited to companies, partnerships and sole traders who submit their GST on an accrual basis either monthly or quarterly.

Finance Lease
Hire the equipment with a monthly lease payment. When the lease expires you may have the option to purchase at the residual value, or hand it back to the financier and upgrade.

The financier purchases the equipment or vehicle you require and then leases it to you. You then enjoy the use of the vehicle or equipment for an agreed time in return for a series of lease repayments. These payments may be less than those of a hire purchase facility as a residual value will be outstanding at the end of the lease.

A Finance Lease may also be possible in order to finance goods you’ve already purchased in the last six months.

Chattel Mortgage
Secure equipment against itself rather than your business or home equity.

A financier secures the equipment loan by registering a charge over the goods, in the same way as a residential mortgage secures a home loan, and you take ownership of the goods upon delivery. Once repayments are complete the mortgage is released, and you have clear title to the equipment.

Chattel Mortgages offer flexible contract terms, fixed monthly repayments and are particularly attractive as they don’t rely on access to personal or business property for security.

If your business uses the cash method of accounting, a chattel mortgage will suit you as your business is able to claim the GST on the purchase up front.

Novated Lease
Perfect if you can receive a car as part of your salary package.

How It Works:

  • On agreement with their employer, the employee chooses a car and leases it from a financier
  • The employee then novates the lease to their employer, who assumes all the employee’s rights and obligations under the lease, including responsibility of meeting the lease rentals
  • The contract is in the name of the employee who remains the registered owner throughout the lease and always keeps effective control of the vehicle
  • If the employee leaves the company, the vehicle remains with the employee, as does the ongoing financial commitment
  • At this time, the employee takes over the payments and may get their new employer to novate the vehicle (if agreeable), if not the borrower will need to meet the payments or payout the finance

The original employer is not left with an unwanted car and the employee gets to keep the vehicle. A Novated Lease is most beneficial for higher salaried employees, particularly those doing medium to high kilometres in their personal vehicles.

Operating Lease
Pay monthly for supply and operating costs of the equipment you need in your business with the advantage of fixed equipment operating costs.

An operating lease gives you full use of an asset and includes ‘normal’ operating costs in the lease payment. Eg. The financier is responsible for routine repair and maintenance payments. At the end of your operating lease agreement, you may simply return the equipment.

Some of the benefits of an operating lease include:

  • Lease rentals will be fully tax deductible if the equipment is used to generate taxable income
  • The finance and operating costs are known and set
  • No resale value risk
  • Suits vehicles that complete over 50% Business Use and accumulate medium to high kilometres per year

Contact Cairns Finance today to enquire about your operating lease needs.

We look forward to working with you


Contact us
Let's find you some finance options

Phone (07) 4051 2444
Scott Smith:
Mitchell Smith:

Travel Town Professional Offices
Suite 11A, 21 Lake Street, Cairns QLD 4870

B Mundy Pty Ltd atf Scott Smith Family Trust t/as Cairns Finance ABN 70 538 583 179 Australian Credit Licence 415600

Industry affiliations that solidify our knowledge to better serve our clients
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As a member of Business Network International Australia, Cairns Finance has a strong referral network of proven professionals that its clients may access.

We are also members of the Mortgage and Finance Association of Australia who are the peak association for the mortgage and finance broking industry.

Resources to help you get informed about the lending industry
If you have any questions or need further information just give us a call
Business Loans
All businesses are different and Cairns Finance have the knowledge, skills and contacts required to build, negotiate and secure a financial package tailored to your specific circumstances; with the lender most interested in your industry and growth plan.
Home Loans
With so many lenders offering many different home loan products, deciding on which loan is right for you is a complex, time consuming exercise. Cairns Finance provides a complete service to their clients. They know if your finances are sorted you can concentrate on building your personal wealth.
Equipment Finance
Financing business equipment from heavy industrial machinery to the sales reps car and the new office photocopy centre is all handled with Cairns Finance. They will help you find the right finance package for your business structure and operating needs.
SMSF loans are funds which are loaned to a self-managed super fund in order to assist with the acquisition of eligible income-producing real estate. The funds borrowed are applied to the purchase of an asset. This asset is held in trust and the self-managed super fund acquires a beneficial interest in the asset.

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