Sign Assist offers alternatives to cash purchases for business related purposes

 

The Differences

The greatest differentiator between our rental/finance offering and others is that we will fund not only physical items but also items such as 100% computer software/soft costs. The soft costs include such items as training, maintenance, installation services and consulting.

The payments, as a rental, are generally also up to 100% tax deductible as they are considered an Operating Expense to the business. We recommend clients contact their own tax advisors or accountants for confirmation of their specific situations.

Unlike most other finance and even rental type contracts we offer full ownership at the end of the term.

Easy Approvals

There are very simple approval matrixes to apply to any size of deal and these can be outlined to you. This will allow you to assess if an application should be accepted or will require additional supporting information.

Deals can be funded from as little as $1,000 up to … really no limit.

As an example of an approval matrix for a small ticket transaction… between $1,000 and $15,000, the client will often only need:

Clear CRAA credit history
Registered Business (ABN/ACN)
Business operating for 2 Years – (if less, approval matrix up to $25,000 applies)
A brief Asset & Liability statement (over $10,000)

For amounts up to $25,000 the following matrix applies.

Clear CRAA credit history
Provide 3 Referees (Personal or Business)
A brief Asset & Liability statement
Property / Asset owner (irrespective of any mortgage) this can be property, cars or any type of asset.

Both of these above examples only require a single page application. Even if a client doesn’t exactly meet the above criteria, with additional information or reasons behind a CRAA issue, more often than not, finance is still approved. Any additional information to the above only assists in a prompt approval.

For deals greater than $25,000 additional financial information would be required from the client.