Welcome to Ledge Finance Limited  

LEDGE SERVICES
Equipment Finance
Business Banking
Commercial Loans
Insurance Premium Funding
Property Finance
Management Buyouts
Project Finance
Letters of Credit
Debtor Finance
Franchise Finance
Computer & Software Finance

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Welcome to Ledge Finance

Ledge Finance Limited ranks among the leading providers of business finance.
We actively package, arrange and manage our clients' finance requirements.

Established in 1979, Ledge Finance sources funding from more than twenty banks and finance houses, enabling us to provide clients with  the most cost-effective and productive arrangement for their requirements. In doing so, our paramount consideration is to protect the assets and working capital of our clients.

At Ledge Finance we deal only with bankers and financiers who will listen and share the spirit of our goals, and who think innovatively to meet our customers’ needs.

The Vision of Ledge Finance Limited is to be acknowledged as the most efficient, most professional and most service oriented niche finance provider in Western Australia.

…the most efficient, most professional and
most service oriented niche finance provider
in Western Australia…

Latest News

 

INVESTMENT ALLOWANCE WARNING

Businesses beware. There are tax considerations related to how eligible equipment** purchases are financed under the federal government’s Investment Allowance scheme.

Ledge Finance is working with clients to ensure that their purchases are eligible for the full tax deduction, having noted differences in the way various finance products – hire purchase, lease, chattel mortgage, etc – are treated.

“The Small Business and General Business Tax Break legislation has gone through parliament and is now law, but as can happen, we are finding there is some devil in the detail,” says Noel Smith, Ledge’s Executive Director (Risk & Compliance).

“In this instance, companies need to be aware of the implications of how the difference finance products are treated tax-wise.

“We are finding situations where clients may be disadvantaged if they do not know the full implications of the product they want to use to finance the equipment.

“The issue is still ‘live’ for both small and general businesses, even though the 30 percent allowance for the latter expires at close of business today. If those businesses (annual turnovers greater than $2 million) have undertaken the purchase but are yet to finalise the financing, they need to consider the implications of the various ways of doing it.”

To know more, please contact your Ledge Finance Executive or ring our office on 9324 1777.

**Additional to standard depreciation allowances, for businesses with turnovers above $2 million per annum, a rate of 30 percent applies to eligible equipment ordered between 13 December 2008 and today (June 30 2009) and delivered and used or ready for use prior to 30 June 2010. The rate falls to 10 percent for equipment ordered between tomorrow (1 July 2009) and 31 December 2009 and delivered and used or ready for use by 31 December 2010.

For businesses with annual turnovers below $2 million the allowance is 50 percent for eligible equipment ordered between 13 December last year and 31 December this year, and delivered and used or ready for use before 31 December 2010.