At the end of the rental term you have the following options
- Buy the asset
- Extend the rental term
- Return the asset
WHO IS IT FOR?
The product suits businesses across almost any industry — transport, construction, healthcare, hospitality, manufacturing, and professional services — who want a Shariah-compliant alternative to conventional asset finance, with fixed payments, clear terms, and eventual ownership business owners already expect from a CHP facility.
How do you qualify?
You business will need an ABN and GST registration that has been active for a minimum of 12 months.
We are flexible and work with a diverse range of clients . We will do our best to make the finance work for you.
Easy Application process
This product is part of our Fast Doc program for businesses. This means that it is not necessary to provide financial documents. We use a number of alternative sources of information to prove the applicant’s creditworthiness.
Fast decisions for business
We can give you a quick decision usually in 48 hours and then settle you in 1 or 2 days.
Tax Treatment of Commercial Hire Purchase (CHP)
When we developed this product we wanted to ensure that our customers were not disadvantaged and that from a business perspective they would be able to work with their accountants and utilise all the tax planning strategies that would be otherwise available to them for conventional products.
Amanah Islamic Finance Australia Pty Ltd | ACL 461889 | ABN 18 168 514 261
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