Mutual Credit Finance

By: Mutual Credit Finance  05-Apr-2012

Hire Purchase:
where the purchaser makes an initial payment followed by a series of hire charges at the end of which ownership passes to the user.

Loan and Security Agreement:
where the borrower makes a series of payments and utilises an existing owned asset.

Finance and Operating Lease:
where the leasee makes monthly payments to lease the security. Depending on the lease type, ownership may pass to the user at the end of the contract.

Revolving Credit:
An interest only line of credit that can be drawn up to the approved credit limit.

Insurance/Warranties:
includes comprehensive motor vehicle insurance, lifestyle protection insurance, mechanical breakdown insurance and loan equity insurance (GAP Cover).

If you want to deal directly with a local financier who can quickly and efficiently assess your individual needs and create the right solution for you, then contact us today to discuss your finance requirements.


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