Why use Principal Finance
Principal Finance is a niche market player. We fill the gap left by lenders who won’t provide finance under their floor limit. Principal Finance offers loans for commercial plant and equipment valued up to $10,000.
Finance is provided through a commercial hire purchase agreement or a finance lease. Spread over a number of years, repayments can be structured to match the financial returns the equipment is expected to contribute to your client’s business.
Due to the size of the loans we finance, our lending criteria is far less rigorous than traditional lenders and applications are processed quickly and efficiently.
If your client is seeking finance for new or used equipment, Principal Finance is able to assist. We offer the following benefits:
- Finance for goods under $10,000
- Fast assessment
- Simple paperwork
- Immediate settlement
- Professional service
Rates
Interest rates for equipment finance vary based on the size of the loan and the repayment terms. You can request a copy of our rate charts by simply completing our rate chart request form or alternatively you can contact us direct.
Applications
We will accept finance brokers’ internal application forms provided they contain the necessary information for Principal Finance to conduct a thorough assessment of the client.
Alternatively, a Principal Finance application form can be downloaded from our website or you can contact us direct.
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