InterPrac Leasing Newsletter-October 2004

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Welcome to InterPrac's Leasing Newsletter!

After only three years of operation InterPrac Leasing has become one the fastest growing finance houses in Australia. Through our close association with the NTAA, InterPrac has developed preferential relationships with major lenders enabling us to provide the best rates available in the market, faster turnarounds on finance and most importantly a superior service for your clients.   

When requiring finance for a vehicle, truck or equipment, clients are often faced with “car yard” type salesmen who are generally inexperienced in the finance industry and certainly inexperienced from a taxation point of view. Clients can be cornered and forced to take inappropriate finance. We see clients being forced to refinance due to unsuitable products and then being charged large exit fees!

We truly believe that your clients can benefit from our expertise and your relationship with your client can be strengthened from our services. We have NTAA member’s best interests as our priority and we understand the responsibility of servicing your clients.

If you would like information about marketing professional services to your clients, call us or have a look at our website www.interprac.com.au

We thank you for reading our first newsletter and we would like to leave you with the following matters of interest:

Did you know?

  • Rates are exactly the same for a Lease, a Chattel Mortgage or a Hire Purchase.
  • Rates are similar if the goods are new or up to 5 years old.
  • Current interest rates for $50k+ with InterPrac are 7.15% (Cost of funds has dropped recently though they are still quite volatile)
  • For $100k+ roughly 6.9%
  • On a Chattel Mortgage, GST can be used as a repayment 5 months after settlement which reduces the monthly repayments.
  • Stamp duty in Victoria is no longer applicable on a Chattel Mortgage!!!!
  • Finance can be received for loans as low as $10k.
  • Privately purchased goods can be financed
  • No termination fees exist for refinancing with us
  • Your client remains your, even on repeat business.
  • InterPrac services over 400 NTAA members and their clients nationally.

Yours Sincerely

Djamel Chettibi

National Leasing Manager

InterPrac Finance Services Pty Ltd

Tel: 1800 700 666

Fax: 1300 361 587

djamel.chettibi@interprac.com.au

 

 
 

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