Commercial Hire Purchase (CHP)

  • CHP deals are structured to suit your business with our low interest rate guarantee.
  • Fixed interest rates, fixed monthly payments, fixed finance term.
  • GST on the full purchase price of the asset claimed by the borrower on ensuing BAS.
  • No GST on repayments or interest but does apply to fees and charges.
  • Lender retains title until all payments are finalised.
  • Suited for many businesses that implement cash or accruals accounting.