THORN COMMERCIAL FINANCE – DIRECT
The Smarter Way to Grow
With our tailored finance solutions, watch your business Grow when you partner with Thorn Commercial Finance and Cafeideas to purchase the equipment you want and need for your business! Let us look after you quickly and with less fuss. In most instances, no financials are required for applications under $50 000* and from our business with over 75 years in the finance industry.
Thorn Commercial Finance- Direct is a division of Thorn Group Limited, an ASX public listed company with over 75 years’ experience in the finance industry. Servicing only business clients, Thorn Commercial Finance understands the importance of specialised customer service, fast approval turnaround and flexible finance agreements - getting you the equipment you need, fast. Applications of all sizes are considered and remember- no financials required for applications under $50 000*
Partner with Thorn Commercial Finance and grow your bottom line profit today! Don’t spend your hard earned capital and compromise your cash flow to buy assets that will immediately start to depreciate. Instead, do it the smart way with Thorn Commercial Finance and break that lump sum into easy monthly instalments at very competitive rates.
Click here to download the application form for less than $50,000
Click here to download the application form for more than $50,000
WHAT CAN YOU FINANCE?
You can finance ANY EQUIPMENT used in the essential running of your hospitality business. Let Thorn Commercial Finance provide you with the finance to realise your ambitions.
WHAT IS AN OPERATING LEASE?
An Operating Lease gives you flexibility and choice. This is the perfect solution for equipment that dates quickly. Allow Thorn Commercial Finance to purchase the goods. We will rent them to you for an agreed monthly repayment over a fixed term of between 12-60 months. At the end of an Operating Lease you have the option to:
1. Buy it at an agreed price
2. Return it, no questions asked
3. Upgrade it at the end of the term and increase your sales, or
4. Renew your contract
If you wish to decrease your monthly repayments you are welcome to make an initial deposit towards the goods.
WHAT ARE THE BENEFITS OF AN OPERATING LEASE?
✓ You have no depreciating assets on your balance sheet
✓ No capital outlay so it’s easy on your cash flow
✓ Payments are operating costs and are 100% tax-deductible
✓ GST can be claimed back as Input Tax Credit
✓ Best of all, easy approval with no financials required for applications under $50,000*
WHAT IS A CHATTEL MORTGAGE?
With a chattel mortgage, it is as if you buy the equipment with a loan from Thorn Commercial Finance. You have full use of it over the term and when your last repayment is made, you own your equipment. Your ownership is from the start of the term and there is no GST added to the interest component of repayments.
WHAT ARE THE BENEFITS OF A CHATTEL MORTGAGE?
✓ Deducting depreciation and interest
✓ GST can be claimed back in your first BAS Statement
✓ No capital outlay and the terms are flexible: between 12 to 60 months
✓ Approval is easy with no financials required for agreements under $50,000*