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Keeping It Simple

Easy Finance Options for
Trucks & Commercials, Machinery, Business Vehicles etc. Non Bank Property and Development Finance
Fast, Easy and Professional
Frequently Asked Questions
What is Hire Purchase or Finance Lease in business?When the item purchased is used for business purpose and the item is owned by the borrower as an asset with the cost of finance taken as business expense, the loan is termed as a hire purchase or Finance Lease. This is usually preferred by commercial users of high value items. GST is claimed upfront in this contract.
Can you comment on the benefits of leasing?Leasing is typically used when the vehicle is being used primarily for business purpose. This has excellent tax benefits. As an option this can be made as maintained or non maintained package with or without a residual. Lease offers great flexibility in terms of tailoring the monthly payments to suit the clients need. The business writes off monthly payments as expense instead of claiming deprecation.
I am self employed and my income is seasonal, can I still borrow to buy a house?Yes. There are banks and some finance companies which cater to such needs.
How much can I borrow?Up to 100% of the property value.
I have defaults/collections; can I get a home loan?Yes, while most of the banks may not offer, we can arrange a package for you.
Do you arrange finance for a vehicle, franchise fee or goodwill?Yes, we can arrange depending on the justification of the good will.
Can existing personal loans or credit card outstanding balance be refinanced?Yes, it is easier and even cheaper to put them all together as a single loan.
How much time does it take to get a reply?If documents are complete, usually one working day.
What is risk management?Life, medical and payment protection insurance are tools that reduce your risk in life.
What documents do I need to process an application?Completed application formPhoto ID of applicantsProof of incomeRecent bank statementDetails of item being financed
If you have any other questions, please contact DD.

Diamond Finance Ltd

PO Box 58103, PC 2163 Botany Auckland
Phone +64 9 2734556 Mobile +64 21 444556
© 2013. My company. All Rights Reserved.

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