“I didn’t know I could finance that?”
Benson Leasing would like to remind our suppliers & customers that we can obtain finance for almost anything for your business and in a very tax effective way. Last week I was on the phone to one of my customers having a light hearted conversation about what he was doing in his business and he mentioned that he was upgrading his lighting the new LED technology at a cost of approximately $15,000. He also mentioned that although over time it would save him a lot of money, he didn’t really want to pull the money out of the business, because it caused havoc with his cash flow but he thought he had no choice. That’s when I realised that over all the many conversation we had, he had never really been listening to me. I then told him “We finance LED LIGHTING”. He was disappointed that he never asked the question about the LED Lighting and if he did he would have financed the LED Lighting. Lucky for him, he hadn’t paid the invoice and we ended up finance it with an easy Operating Lease for him anyway, thus freeing his cash flow. I know that many of our customers find themselves in the same situation, if they only had asked us the question. ”Can you finance…? More often than not the answer will be...
read moreLegal Changes for Small Business this Financial Year
A new Financial Year results in a number of legal changes for business owners to come to grips with. This helpful guide from SmartCompany provides an overview of recent and upcoming changes that affect small business. You can read it here. Benson Leasing & our partners are committed to taking the time to understand your business and its needs for the future, and will formulate the most appropriate solutions for your financing needs. We can provide real time solutions for real time situations for all your Equipment Financing upgrades. Call or e-mail us today to discuss how we can help you make the most of your business’s cashflow to fund your new equipment this Financial...
read moreGoal-setting for this Financial Year
Happy New Financial Year! What worked for your business last year? What didn’t? This is a time to reflect on your successes, as well as anything that may not be going so well. It’s an opportunity to set goals and gain some clarity on what your business needs to move forward. If you have expansion plans for this financial year, we can help! Call us for advice and assistance on how to purchase equipment or motor vehicles without compromising your cashflow.
read moreThank you for supporting a great cause
Cindy recently participated in the MS Walk + Fun Run, which raises funds to assist over 23,000 Australians affected by Multiple Sclerosis. As a member of ‘Team Becks’, thanks to the support of our wonderful clients, friends and family she raised almost $1,000. The team tally sits at over $7,000, which is an amazing result. ‘Team Becks’ proudly braved the winds and rain on Sunday 2 June in support of dear friends who are living every day with the effects of this disease. It’s not too late to support Cindy and contribute to this important cause. Click...
read moreEnd of Financial Year – a great time for finance!
While arranging finance is a beneficial business option at any time of the year, why not take advantage of the EOFY deals? Many businesses are looking to maximise sales and reduce their stock, meaning fantastic offers are available leading up to June 30. Our team can help you get the finance you need to bag that bargain – fast! Another Successful Venture It has been a pleasure assisting Riccardo Roberti again with a new venture: Stellini’s Pasta Bar, located at the University of NSW campus. Benson Leasing organised the funding for the entire kitchen fit-out and Point-of-Sale equipment, and we were thrilled to hear that the queues were twenty deep on opening day, all day! Riccardo has already established the award-winning Blackwater Restaurant, with spectacular views over the Georges River. The restaurant serves rustic southern Italian dishes which showcase home-grown Australian produce. We wish Riccardo every success. Vendor Feedback Benson Leasing has built strong business relationships with many vendors throughout Australia. One of our valued vendors, Mobile Masters, who are located in Western Australia and specialise in communications equipment, recently sent some positive feedback for which we are so appreciative. “Thank you Cindy, it is great working with you as you are always so helpful”. Yvonne Sharp, Mobile...
read moreWhat is a fully Maintained Lease?
A Fully Maintained Lease takes care of all your routine car expenses. Under a Fully Maintained Lease, a nominal amount is deducted from each salary or wage payment to cover your car lease, your car’s running costs, and any FBT payable. If the amount allowed for your car’s running costs is more, or less, than the actual cost, the additional funds may be refunded to you, or you may need to make a top-up payment. Fully Maintained Novated Lease arrangements commonly include, car servicing and maintenance, accident management services, a fuel card for fuel purchases, roadside assistance, and registration renewal. A Fully Maintained Novated Lease is a convenient way of organising all of your car-related expenses at once, and knowing in advance that running costs are taken care of – never worry about servicing or registration again. In contrast, Non-Maintained Novated Leases , or “finance only” Novated Leases allow you to take advantage of potential tax savings through salary packaging and still retain control of your fuel purchases, servicing, maintenance and other running costs. Only the set lease costs of your car are deducted from your salary or wage payments. All other costs are paid by you as they fall due. Is Fully Maintained Novated Leasing right for me? Whether you’re a business or an employee, a Fully Maintained Lease represents an attractive choice for tax benefits, flexibility and management of the vehicle throughout its lifetime. This not only takes away the headache and burden of running a fleet, but it collates all vehicle expenses as one expense item, leaving you time to get on with what you do best, running your...
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