Over the last 24 months, many businesses have used record low overdraft rates from their traditional bank or financial institution to buy or upgrade business assets. As a vendor, supplier, or reseller, you may not have been aware of this. You may simply see this as a cash sale. As rates continue to increase,...Read More
It may seem counterintuitive to look at asset and equipment finance when rates are on the increase and supply issues are causing inflationary pressure on pricing, but here are a few reasons why right now, is a good time to take advantage of asset and equipment finance for your business. Rates are trending upwards,...Read More
It is with great pride that I can confirm that 3E recently passed a very significant milestone in our journey. We have now written 10,000 separate Agreements since our inception in 2015. When establishing the business, we set ourselves symbolic milestones and when we wished to achieve them by. A target of 10,000 Agreements seemed...Read More
It is with great excitement that we announce that our New Zealand operations have commenced. We have opened a local operation in Auckland and have begun discussions with our Australian based partners with operations in New Zealand on establishing our processes and procedures to ensure we can service their requirements. The 3E team are energised by this evolutionary step...Read More
If it appreciates, buy it. If it depreciates, finance it… It can’t be any more straightforward for a business, cash is king. Your cash and liquidity are extremely important. Even more so in the current economic climate. Think back to this time last year and the impact that COVID-19 and the subsequent lock-downs had on...Read More
As part of the Australian Federal Government’s 2020 budget, business tax package (JobMaker), the previously available Instant Asset Write-off initiative -that applied to assets purchased prior to 31st December 2020 and first used before 30th June 2021- has evolved to become JobMaker – Temporary full expensing to support investment and jobs. The fundamentals remain the...Read More
Are you looking to acquire new equipment to maintain or develop a competitive edge for your business? In the current economic climate, more than ever, cash is king. Conserve your cash for other potential needs and acquire your equipment and services via an asset finance payment solution. If you are acquiring new equipment for an...Read More
You finance your computer equipment, copiers, furniture, plant and machinery and cars for your business. Did you know, you can also finance your software? This is done with 3E Advantage’s Software and Services Agreement. How does software finance differ from hardware finance? Hardware finance is straightforward for most finance providers. They have a tangible asset, that in most cases has a serial number and that has...Read More
Instant Asset Write-off As part of the Federal Government’s economic stimulus package in response to the COVID-19 crisis, popular Instant Asset Write-Off rules have been expanded, with the threshold lifting to $150,000 from $30,000, and business annual turnover from $50 million to $500 million, until 30 June 2020. On 9 June 2020, the federal government...Read More
