If you answer ‘Yes’ to ALL the following questions, you may qualify for pre-approval to quickly purchase your next asset:
1
Is the purchase price of your asset under $150,000?
2
Is the equipment being purchased brand new and sold by a licensed dealer?
3
Do you have an ABN that’s been registered for more than 2 years and registered for GST for over a year?
4
Does at least one of the Directors of the purchasing entity own a property in their own name? (We don’t take security over this asset, it just helps assess the application.)