Our Finance Cost
Comparison
EzeHire "Low-Doc" Rental-Finance is very
economical and affordable in comparison to the Banks and
other financiers.
We are easily the most economical option if
you also take into account the cost of compliance to
a business that must supply the standard 3 years Tax
returns and accounts figures (another cost for
accountants preparation of the relevant material) that
are needed for finance from other finance
companies and the banks."
With EzeHire "Low-Doc" Rental
Finance you do not need to get your account to provide any
current financials or any tax returns. the entire process is
easy from start to finish with same day
approvals.
EzeHire
"Low-Doc" Rental-Finance is Economical
This Rate Comparison is a guide to the costs
surveyed as at July 2006. the comparison is based on a
$1000 Computer Package over 3 years. The weekly
costs represent the amortised total cost for the period
of the Rental-Finance.
Cost Comparison
|
Finance and
Fees
|
Major Rental
Companies
|
Bank
Overdraft
|
Eze
Hire
|
|
Low-Doc Finance
|
No
|
No
|
Yes
|
|
Application Fees
|
Nil
|
600
|
Nil
|
|
Legal Fees
|
Nil
|
Nil
|
Nil
|
|
Deposit
|
Nil
|
Nil
|
Nil
|
|
Finance Available to
|
Business only
|
Business only
|
Business & consumer
|
|
Term
|
2 -4 years
|
Reviewed Annually
|
1 - 5 years
|
|
Average Interest Rate
|
N/A
|
9.35%
|
N/A
|
|
Bank Transaction Fees
|
$2.80 to $5.60
|
$0.80 (per trans)
|
$1.10 (per Trans)
|
|
Monthly Fees
|
Nil
|
$30
|
Nil
|
|
Establishment. Fee
|
Nil
|
600
|
Nil
|
|
Line Fees
|
Nil
|
$280
|
Nil
|
|
Average Weekly Cost
|
$11.60 to
15
|
$18.46
|
$11.62
|
|
Principal Repayments
|
Nil
|
$1000
|
Nil
|
|
Advance Payment
|
1st Month
|
$600
|
1st Month
|
|
Finance Cost of Management
SLA
|
$13
|
N/A
|
$9
|
|
Weekly Cost with Management SLA
|
$24.60
|
N/A
|
$24.62
|
|
Residual
|
N/A
|
N/A
|
N/A
|
|