A pre-approval gives you added bargaining muscle.

Equipment_Finance_Pre-approval

  As confidence is returning in many industries, chances are you may find yourself ready to add or upgrade equipment. What can you do right now to gain the upper hand when the right piece of equipment comes along? More importantly, how can we at Finlease put you in a stronger position? As Mark O’Donoghue explains, “It’s always a good policy to get your finance pre-approved before you start sourcing equipment. This can potentially put you in a better negotiating position. So if you … [Read more...]

Finlease is venturing into exciting new territory.

At Finlease we’ve always been prepared to go that little bit further for our clients, and this year has been no exception, making inroads with some dynamic new industries. While Finlease has always been regarded as equipment finance specialists, we’re now making the finance easier in the Bus and Coach industry, helping to keep the wheels turning for some major operators.  Another dynamic new area has been in Waste and Recycling, offering solutions that maybe the banks and other financiers may … [Read more...]

A high tech approach to technology finance.

Technology Server Room 361010

You may have thought that all finance was created equal, and what worked for one type of equipment will work for another. But when you talk to Bill McMullan, Head of Finlease IT you’ll discover there’s a lot more to technology finance. Bill served his time with Dell, a company many would regard as one of the innovators in getting computers efficiently into the hands of the end user. Now Bill brings his wealth of knowledge under the Finlease roof. While Finlease IT was founded as a partner … [Read more...]

Finlease clients speak their minds.

What do Finlease clients really think of our service? How do we compare to the banks? The Finlease Customer Survey unearthed some startling revelations which were quite an eye opener. We’ve always valued the opinions of our customers and make every effort to listen then respond to make our service better. So Finlease undertook a survey late 2013 to find out how our customers rate us. The findings were quite a revelation. The key task was to establish customer satisfaction levels, identify … [Read more...]

A quick fix for interest rate savings.

Swap rates and monetary policyM

Lock in now and reap the benefit. With RBA rates at a historic low and the recent change of Government, anyone who is looking to fix interest rates at these all-time lows could be well advised to start the process now. Economists are of the view that the fixed interest market is about to trend upwards, as reflected in the historic graph below provided by the National Australia Bank. Notice in late 2008 as the RBA rate reached the lower point of rate cuts, the 3 & 5 year swap rates … [Read more...]

Looking back – where did 2013 take us?

2013RearVisionMirror

Looking back, 2013 was a period of change and depending on whose side you were on, it looks to have been a change for the better. Australia voted in a change of government which saw the end to a hung parliament. As a result, business confidence has rebounded, with the NAB Monthly Business Survey to Sept 2013 recording a lift in business confidence, rising 17 points above what it was in July, bringing it to the highest level in 3 ½ years. Business conditions are also moderately up, as … [Read more...]

Finlease makes its move

JamesPlaceFoyer

After more than 20 years at Norberry Terrace, Finlease has moved up to 1 James Place, North Sydney. This modern building promotes a more interactive environment, allowing us to maintain that friendly atmosphere and spirit of cooperation that clients depend on. It also positions us all on one level and will continue that spirit of cooperation that our team enjoys. Situated just off Ridge St, street parking is easy to find and we are surrounded by eclectic cafes, parks, a pub and restaurants, … [Read more...]

Word of mouth is still the last word

FinleaseWordOfMouth

Has the digital age changed the way we communicate and seek recommendations for our purchases?Not according to recent research findings. When seeking out a new equipment finance provider, 94% of respondents in an independent survey said that business colleagues and associates were a major factor in choosing their equipment finance provider. As for vendors, 55% were referred by their equipment finance broker. When it comes to sourcing equipment finance, 38% prefer a face to face approach, … [Read more...]

Our big four make the biggest profits in the world.

Piggy_Big-Four

Usually it’s nice to find something in which Australia leads the world. But when it’s our banks profits that are out ahead of the rest of the developed world, suddenly we all feel a bit duped. A recent study by the Swiss based BIS organisation has revealed that the collective profits of Australia’s big four banks are likely to exceed $26 billion collectively, outpacing bank profits in all but the emerging economies in places like Brazil, Russia, India and China. The study showed that … [Read more...]

Businesses want the green light, not the red tape.

Greenlight

As the pace of business continues to pick up for many SMEs, the more progressive ones are looking to increase their capabilities and seek equipment finance. Yet 40% of business operators want finance made easier with a simpler application process, and more favorable terms and conditions. So how can a broker like Finlease help? It’s a matter of fully understanding our small business clients and choosing a financier that fits their needs. Then there are our skill levels in representing that … [Read more...]