Need a hand? Call us on 1300 722 011

We're Still Open for Business!

7 Aug 2020 12:26 PM -
Despite the Stage 4 COVID restrictions in metro Melbourne and Stage 3 restrictions throughout regional Victoria, we are pleased to advise that with our team working remotely over the next six weeks, NLG Leasing remains open for business!

We will continue to provide a seamless level of service to you and your valued clients who require any asset finance, personal loan, or related finance solutions during this period. We also extend our best wishes and thoughts to our Victorian based referral partners who have also been impacted by the above COVID restrictions.

If you need any support or a friendly voice to chat with during the next six weeks, please do not hesitate to reach out to a familiar voice at NLG Leasing. Most importantly, please take care and stay safe during these challenging times.


NLG Leasing Car Buying Service
If any of your clients are looking to purchase and finance a new or demonstrator motor vehicle, don’t forget you have complimentary access to our NLG Leasing Car Buying service.

Our car buying service operates from Sydney and is therefore not impacted by the additional COVID restrictions in Melbourne and regional Victoria.

Why should I use your car buying service?
  • Get access to discounted fleet pricing and special deals for yourself or your clients.
  • There is no cost to use the service.
  • You will have NO dealer competition for the finance making it even easier for you to win the business and earn additional income!
  • 100% online process.
  • Test drives and vehicle delivery options to suit your clients.
Below are two recent examples of savings we have been able to achieve via our car buying service:
 
So, if your clients are looking to purchase a new vehicle, do not let them walk into a car dealership and potentially lose the financing opportunity!

To submit a vehicle purchase referral simply access our Car Buying Service Referral Portal HERE and let our team find the best possible deal for you and your clients.


Lender Profile- Apricity Finance
At NLG Leasing we can also offer our valued referral partners access to the specialist invoice finance lender, Apricity Finance. Unlike other invoice or debtor finance businesses, Apricity Finance will fund up to 95% of an SME’s invoices provided the debtor is:
  • An ASX listed entity.
  • A federal, state, or local government entity.
  • A private company with a minimum net equity of $20 million.
Apricity Finance do not require any personal guarantees from directors or shareholders, and do not place a charge over the SME business. The debtor/invoice itself is the collateral security for the transaction.
 
Apricity offers no lock in contracts, no early repayment or exit fees and a business will only be charged once they drawdown under their facility. All drawdowns are paid within 24 hours to the SME client via the Apricity portal.

To find out more about Apricity Finance or to workshop any invoice or debtor finance scenarios, please contact one of our friendly team members at NLG Leasing on 1300 722 011 or via support@nlgleasing.com.au.


Instant Asset Write Off Scheme
A friendly reminder that the federal government’s enhanced Instant Asset Write Off Scheme has been extended until 31 December 2020.

To recap, this scheme enables eligible businesses to “write off” or expense the full cost of an eligible business asset in this new financial year rather than having to make periodic depreciation claims, provided the eligible asset/s have been purchased prior to 31 December 2020.

What are the eligibility rules?
  1. The asset cost limit has been increased to $150,000 per asset.
  2. Eligibility criteria has been widened to include businesses with annual group turnover up to $500 million.
  3. There is no limit on the number of individual assets a business can purchase and immediately write-off under the scheme provided the asset cost is less than $150,000 (ex GST).
  4. Business assets can be new or second hand.
  5. Any business assets purchased must be first used or installed and ready for use by 31 December 2020.
We recommend having proactive discussions with your self-employed clients about their business equipment purchase intentions before the end of the current calendar year and offering to assist with any finance they may require.