Finance

 

You could secure ownership of a new pump today, with potential finance options through Finance New Zealand below.

 

SANY - SY30 Concrete Pump Truck = $549,500+ GST

Monthly repayments from $7,100 (principal + interest), with GST returned in month three.

 

SANY – SY25 Concrete Pump Truck = $521,500+ GST

Monthly repayments from $6,700 (principal + interest), with GST returned in month three.

 

Putzmeister BSA1005H Concrete Trailer Pump = $175,000+ GST

Monthly repayments from $2,900 (principal + interest), with GST returned in month three.

 

Putzmeister P720 Concrete Trailer Pump = $144,950+ GST

Monthly repayments from $2,400 (principal + interest), with GST returned in month three.

 

The above example loan repayment calculations assume the following:

 • GST funded for 3 months.

 • 20% deposit assumed.

 • Assumed Customer Interest Rate of 8.75% pa (this may vary)

 • Loan term of 84 months (Concrete Pumping Truck) & 60 months (Trailer Pumps).

 

Disclaimer

As your pump is brand new, the usual repairs & maintenance that apply to older used equipment (which is a real expense reducing your business profits) is replaced with depreciation in line with IRD allowances.

Depreciation is a taxable expense (which reduces your taxable business income), however there is no actual cash cost out of your business.

 

Terms & conditions include the following :

 • Up to 100% of the GST amount can be funded for 3 months, then returned to reduce the loan principal balance.

 • Loan repayments are based on a 20% deposit (calculated on the GST exclusive purchase price), over a Loan term of 84 months (for Concrete Pumping Trucks) & 60 months (for Trailer Pumps).

• All loan applications, including loan term, are subject to lender approval.

 • Lender Interest Rate to be confirmed & Loan Fees may apply.

 • For qualifying customers, it may be possible to borrow up to 100% of the purchase price (plus 100% of the GST amount for 3 months). Loan repayments will be higher than those detailed.”

 

Patrick Leask

Business Finance Adviser - Finance New Zealand Limited

Lower North Island

M 029 244 1437   E patrick.leask@financenz.co.nz   W financenz.co.nz

 

CLICK HERE TO APPLY