WHY LEASEIT
Compare Lease Products

LeaseIt have a team of experts who will match you with the best lease option. Please use the tables below as a guide only for lease products and there benefits, what lease products are suggested for different equipment and lease product suggestions for different leasees.

 
Ownership transfered ✓ ✓ ✓                
Claim GST upfront ✓ ✓                  
Term ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓ ✓ ✓
Payments ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓ ✓ ✓
Tax deductable Int+Dep Int+Dep Int+Dep Int+Dep 100% 100% 100% Int+Dep Int+Dep 100%  
Upgrades ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓  
 
Motor Vehicle ✓ ✓ ✓ ✓       ✓ ✓ ✓  
Plant & Machinery ✓ ✓ ✓ ✓ ✓ ✓     ✓ ✓  
Truck & Trailer ✓ ✓ ✓ ✓       ✓ ✓ ✓  
It Equipment ✓ ✓ ✓   ✓ ✓     ✓ ✓  
Office Equipment ✓ ✓ ✓   ✓ ✓ ✓   ✓ ✓  
Office Fitout ✓ ✓     ✓            
Audio Visual ✓ ✓ ✓           ✓ ✓  
Mining ✓ ✓ ✓   ✓ ✓     ✓ ✓  
Other                     ✓
 
Sole Trader ✓ ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓  
Partnership ✓ ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓ ✓
Small/Med Business ✓ ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓ ✓
Government ✓ ✓ ✓   ✓ ✓ ✓   ✓ ✓ ✓
Public Company ✓ ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓ ✓
Club/Association ✓ ✓ ✓ ✓ ✓ ✓ ✓   ✓ ✓ ✓

Please note: The above tables are a guide only. Applicants should consult their accountant for definitive advice.

What lease product is best for me?

Deciding on the best funding option or lease type for your business equipment requires careful consideration and an evaluation of a number of variables. The monthly payment or lease rate only tells one part of the story. What is of prime importance is to understand the whole life cost or the total cash flows for each type of lease over the total term.

Considerations to determine a true cash flow position
. What is the tax treatment for the lease?
. What is the GST treatment for the lease?
. Is there any secondary or resale value for the equipment?
. What are the break costs for the lease?
. What is the balance sheet treatment?
. How does inflation impact the cash flows
. What is the opportunity cost i.e lost interest or lost opportunity of using business working capital rather than leasing?
What lease is suitable for the equipment I require?
There is a suitable lease product available for all equipment types. Your individual circumstances will also impact the leasing product that suits you. Our comparison table above will help you determine what product is best for you. We recommend you speak to our qualified team of experts who will advise you on your options, but also speak to your accountant for a more personal opinion.
What lease is best suited to my business?
There is a suitable lease product available for all equipment types. Your individual circumstances will also impact the leasing product that suits you. Our comparison table above will help you determine what product is best for you. We recommend you speak to our qualified team of experts who will advise you on your options, but also speak to your accountant for a more personal opinion.

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