Fitout Finance made easy!
Fitout Finance is used by businesses to fit out their business premises, including Retail Shop Fitout, Office Fitout and more.
For most businesses the finance offers tax benefits and importantly helps preserve precious cashflow.
Each business is unique and it is critical the finance is tailored to the business circumstance and cashflow.
What Can Be Financed?
Cabinetry and finishes
Shelving
Tiling and floor coverings
Floating floors
Storage
Internal walls and screens
Mezzanines
Lighting and electrical
Security systems
Signage
If you are unsure if something can be acquired using this type of Finance, or need equipment as part of the Fitout, simply give us a call.
We have been involved with Fitout Finance projects, (including major Shopping Centres), for in excess of 20 years.
How Fitout Finance Works
With Fitout Finance you are financing the asset being purchased and then repay the amount over a fixed period of time.
In most instances the loan will be fully repaid over the term of the facility. That is, there will be no balloon payment (residual) involved
The interest rate is fixed for the term of the facility which provides peace of mind.
For most businesses, interest and depreciation may be able to be claimed as a tax deduction. However before proceeding it is important to seek professional advice.
Why Use The 500 Group?
Financing a Fitout requires specialist knowledge and experience. If it is not properly managed, it can be enormously time consuming as it involves many different elements that need to be properly coordinated.
At The 500 Group, our Finance Specialist, Sharon Piening has been providing this type of finance to businesses, including major Shopping Centres, across Victoria for in excess of 20 years.
Our attention to detail and robust processes will save you time and free you up to focus on what is important – running your business!
If you would like to learn more about how The 500 Group may be able to assist, don’t hesitate to give Sharon a call.