Funding options to keep Australia’s mining sector equipped

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 27 Jul 2012   Posted by admin


SPECIALIST finance company GoGetta has been providing commercial equipment funding to the mining, transport, construction and earthmoving industries for many years.
GoGetta’s funding model supports business owners by giving them the flexibility to purchase equipment when it is needed. Via its Rent.Grow. Own finance option, GoGetta allows businesses that are looking to diversify or expand to test the market and new equipment without the strain of a long-term financial commitment.
Truck company Graham Brothers used GoGetta’s Rent.Grow.Own option to purchase trucks and GPS equipment and fulfil construction, roadworks and earthmoving contracts,ultimately growing its business.
Renting through GoGetta is completely tax deductible and gives business owners the ability to try before they buy. When reviewing potential customers, GoGetta takes into account future potential and not just past financial performance. Customers receive a ‘fair go’ with their applications, and financial details are generally not required for applications of less than $50,000.
Customers are able to purchase equipment from GoGetta at any time during their rental contract. If the equipment is bought within the first 12 months of the rental agreement, the customer will receive 75 per cent of their net rental payment as a rebate. If the equipment is purchased after the initial 12 month period the rebate reduces, but the equipment’s procurement price also falls the longer the equipment is rented. GoGetta is part of the ASX-list Silver Chef financial group, which has provided equipment funding to businesses for 25 years.


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