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

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

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

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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).

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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

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