Northquest offers two types of asset leasing solutions to help you acquire core depreciable assets for your business. These include:

Rental Agreements

With a Rental Agreement, we purchase the asset or technology on your behalf and you rent it back from us paying a fixed monthly cost. At the end of the agreement, you can either continue to rent, upgrade, purchase or return the asset.

Benefits of an Asset Rental Agreement include:

  • No upfront capital required
  • Preserve credit lines and working capital
  • Flexible contract terms from 12-84 months
  • Fixed monthly repayments
  • The ability to bundle multiple assets
  • Eliminate the risk and complexity associated with owning assets
  • Flexibility to upgrade to the latest equipment or technology as required
  • Enjoy immediate cost savings and productivity gains

Chattel Mortgages

A Chattel Mortgage enables you to take ownership of the asset at the time of purchase. After advancing you the funds to make the purchase, we then take a mortgage over the asset as security for the loan by registering a fixed charge. Once the contract is completed, the charge is removed, giving you clear title to the asset.

Benefits of a Chattel Mortgage include:

  • No upfront capital required
  • Preserve credit lines and working capital
  • Flexible contract terms from 12-84 months
  • Fixed monthly repayments
  • The ability to bundle multiple assets
  • Minimise risk and complexity
  • Enjoy immediate cost savings and productivity gains

Asset Classes

Northquest’s Rental Agreement and Chattel Mortgage products cover a wide range of asset classes across many different industries as follows:

Asset classes covered

  • Agriculture Equipment
  • Computer
  • Fitout – Hospital
  • Fitout – Warehouse
  • IT & T
  • Medical Equipment
  • Racking
  • Solar
  • Aquaculture Equipment
  • Computer Racking
  • Fitout – Medical
  • Fit-out – Specialist Health
  • LED Lighting
  • Point of Sale
  • Security
  • Telecommunications
  • Audio-visual
  • Diagnostic Equipment
  • Fitout – Office
  • Forklifts
  • Manufacturing plant
  • Printing Inc. 3D and multifunction etc.
  • Servers

Industry sectors

  • Aged Care
  • Associated Medical
  • Commercial industry
  • Food processing
  • Hospitals
  • Medical Practices
  • Agriculture & aquaculture
  • Associations
  • Education facilities
  • Government
  • Information Technology
  • Public Companies
  • Airports
  • Clubs & sporting venues
  • Financial services
  • Health & aged care
  • Manufacturing
  • Transport