Case Credit
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Helping more Australian farmers.
Since 1957 Case Credit has made a difference to the livelihoods of farmers around the world for over 50 years. During this time a wide array of flexible financial products and services have been delivered to more than 500,000 customers in Australia, as well as North America, Latin America and Europe. Today these products and services are made available through the Case IH network of approximately 12,000 independent dealerships and distributors located in 160 countries. In Australia, Case Credit has been the financing source of choice for Case IH equipment customers since 1979. Over the years Case Credit has developed a close understanding of the challenges faced by Australians on the land and has consistently supported farmers through good times and bad. With a Case IH network of over 100 dealerships Australia-wide, Case Credit offers a ‘one-stop-shop’ for all your farming equipment and finance* needs. In line with the quality of Case IH equipment, our finance products are world-class offering you competitive rates, no early payout penalties, flexible deposit and repayment structures, and much more. Today we have grown to become the undisputed No.1 finance source whenever Australian farmers purchase new Case IH equipment. Specialist financier, special understanding. As a specialist rural finance provider, Case Credit simply works harder at appreciating your needs. The Case Credit team devotes a large amount of energy to understanding what is really important to you: your goals, your challenges and your outlook for the future. This is how we develop, and deliver the most effective finance solutions for your business. A two-way business relationship. Perhaps it’s due to our depth of industry knowledge developed over many years, but it’s a fact that our customer relationships have remained strong despite the inevitable fluctuations in weather conditions and business climate.
*Case Credit recommends that advice should be sought from your accountant or financial advisor on which form of finance best suits your current requirements and on any tax implications.
Lease and loan options Loan & Goods Mortgage
Master Goods Mortgage
A Loan & Goods Mortgage enables you to receive the full benefits of ownership immediately. With the title passing to you upon purchase, Case Credit takes a mortgage over the equipment for the life of the loan. A Case Credit Loan & Goods Mortgage can deliver to you many advantages.
Essentially the same as a Loan & Goods Mortgage, with one important difference. The Case Credit Master Goods Mortgage, which links to the Credit Line, allows you to purchase equipment at several times during the year on one original master document.
For starters, it has a fixed low interest rate for the term of the loan, protecting you against rising interest rates. Subject to credit approval, the deposit amount required is flexible and payment schedules can be tailored to suit your individual business requirements.
In addition to the same advantages as a Loan & Goods Mortgage, the Master Goods Mortgage also features a simplified documentation process and reduced paperwork. After the initial contract is signed, only 1 or 2 signatories per equipment purchase are required if so nominated, rather than every business partner.
Because you own the equipment, you may be able to claim your depreciation and interest costs as business tax-deductible expenses. You may also be able to claim your GST as an input tax credit in your Business Activity Statement. Fixed repayments for the loan term increase your budgeting certainty. As well, you are building equity, which you can roll over into your next equipment purchase. Finally, the loan structure allows you to spread your purchase cost over a manageable time frame. Payments can be tailored to match your income cycles or any other seasonal requirements. Terms range from 12- 60 months.
Finance Lease With this option Case Credit owns the equipment. The equipment is rented to you (subject to credit approval), for an agreed period at fixed repayments. At term end, you may be able to purchase the equipment by refinancing with Case Credit or by purchasing outright at the agreed residual value. There are several noteworthy advantages to a Case Credit Finance Lease. It lets you expand or update your equipment needs without tying up working capital. It affords you the opportunity of ownership along with the cashflow benefits of lower repayments. Case Credit does not require a deposit, however, payments are required to be made in advance. Fixed rental costs during the contract period increase your budgeting certainty. The fixed underlying interest rate feature gives you protection against rising interest rates. Best of all, you may be able to claim your regular repayments as a taxdeductible business expense. Payments† can be tailored to match your income cycles or any other seasonal requirements. Terms range from 12- 60 months.
†Payment structure includes a final residual value.
With its speedy draw down process, you can make urgent purchases or take advantage of timely opportunities. A dedicated Case Credit Finance Manager is always available to advise on your finance needs. As with the Loan & Goods Mortgage, payments can be tailored to match your income cycles or any other seasonal requirements. Terms range from 12- 60 months.
Commercial Hire Purchase Case Credit Commercial Hire Purchase is designed for farmers looking to preserve working capital whilst working towards ownership over a period of time (i.e. you own the equipment upon final payment). You can make as small or large a deposit as you wish (subject to credit approval). Importantly, for both tax and accounting purposes, you are considered ‘the owner’ of the equipment and may be able to claim both depreciation and interest as business expenses. The Case Credit Commercial Hire Purchase option helps you create equity, which you can roll over into your next purchase. It allows purchase costs to be spread over a manageable time frame and its fixed term interest costs protect you against rate rises. Payments can be tailored to match your income cycles or any other seasonal requirements. Please note that Commercial Hire Purchase is a fixed term contract and the equipment financed serves as the primary form of security. Terms range from 12- 60 months.
The Case Credit team
Meeting all your asset finance needs. At Case Credit, our team of fully trained Finance Managers are dedicated to providing you with all the help and advice you require, whether over the phone or face to face on your property.
Furthermore, an extensive range of finance options are available for all your business asset requirements. Case Credit provides finance for assets such as trucks, utility vehicles, silos, sprayers, fork lifts and so on.
In addition, our Customer Assist team are trained to offer assistance by phone or email. They are trained to assist you with finance quotes, updates on your loan status, information on alternative finance options, and many other services.
For a finance quote or more information regarding Asset Finance, please contact Case Credit Customer Assist on 1800 807 934 or [email protected]
Your local Case IH dealership A one stop equipment and finance shop. Your local Case IH dealership gives you the easiest and best access to owning or leasing quality agricultural equipment. Your dealer is not only an expert in Case IH equipment and trained to advise you on the most appropriate equipment for your farming needs, they can also offer you access to the most suitable type of finance to match your business needs. Through your local Case IH dealership, Case Credit provides a full range of finance options for every piece of equipment you purchase. For a finance quote or more information, simply contact your local Case IH dealership, or Case Credit Customer Assist on 1800 807 934 or [email protected]
Flexible payment options We believe that by understanding the special needs of Australian farmers we can create a more flexible and appropriate range of repayment options. Please take a moment to consider the Case Credit payment option that’s best for you.
Structured Payment Plan A schedule where the timing of repayments is structured in line with your income patterns. This payment structure can really
help smooth out your cashflow by aligning payment timing with your seasonal income flow.
Deposit Options For customers who wish to provide little or no deposit towards the purchase of their equipment, Case Credit can provide flexible payment options to help match your cashflow to an appropriate payment plan.
Reduced payment options Balloon Payment This option allows you to make lower payments during the contract period, with a larger final (balloon) payment at the end of the contract. The lower scheduled payments associated with this structure can greatly assist your cashflow.
Equity Down The benefit of Equity Down is that the higher the equity (deposit paid), the lower the scheduled payments. The deposit can be paid as either a cash payment or a trade-in.
Equity Down is a clever way to help reduce the payments on your transaction account, and build equity in the early part of the loan.
Automatic Payment Plan This handy option is especially appropriate for the time-poor farmer as payments are automatically withdrawn from a nominated bank account. It’s a free service that eliminates cheque writing and concerns over lost mail, whilst ensuring payments are made on time.
Credit Line The Credit Line is specifically designed to assist you with your business expansion plans and help you to take advantage of opportunities as they arise. This revolving credit facility gives you a pre-approved limit that you can draw down upon when making your equipment and business asset purchases (up to your approved limit). You determine how much you wish to use, and when you want to use it. It gives you the security of long-term finance,
and once it’s established, you won’t need to re-approach your Case Credit Finance Manager for additional funding. The Credit Line can be used in conjunction with a Loan & Goods Mortgage, Master Goods Mortgage, Finance Lease or Commercial Hire Purchase. Payment schedules are determined at the time of equipment purchase. Your approved credit limit is reviewed once a year.
Flexible lease options
Loans & Goods Mortgage
Finance Lease
Borrowers wanting immediate ownership and the ability to build asset equity
Borrowers wanting to preserve working capital without the need for ownership title
Borrowers looking to preserve working capital and attain ownership when all payments are made
Ownership Title
Passes to you immediately with a mortgage held over the goods by Case Credit
Remains with Case Credit. You can apply to purchase and own at the end of the contract period
Passes to you upon final payment
Finance amount
Any amount up to 100%
100% finance is mandatory†
Any amount up to 100%
Fixed for the term of the loan
Fixed for the term of the loan
Fixed for the term of the loan
Flexible
None*
Flexible
Tailored to your needs
Tailored to your needs
Tailored to your needs
12 – 60 months
12 – 60 months
12 – 60 months
Optional
Mandatory and is an estimate of the value at the end of the term
Optional
None
None
None
Creates equity in the equipment
Yes
No
Yes
Possible to claim repayments as tax deductions
No
Yes
No
Possible to claim depreciation and interest as tax deductions
Yes
No
Yes
This option best suits
Interest Rate Deposit Payment Schedules Terms Balloon payment/ Residual Value Early Payout Penalties
Commercial Hire Purchase
† Upfront payments are permitted under certain conditions *No deposit is required, however, an initial payment must be made at the start of the contract
For more information, contact Case Credit Customer Assist on 1800 807 934 or [email protected]
Case Credit is a division of CNH Capital Australia Pty Ltd. ABN 71 069 132 396. Full details of the terms and conditions of the finance will be made available on application. The details in this brochure may be subject to change without notice. Any advice given in this brochure is of a general nature only, does not constitute financial or tax advice, and is not based on any consideration of your objectives, financial situation or needs. To decide if a finance product is right for you, it is recommended that you seek the advice of a qualified advisor. RENARD CCR4863
Since 1957 Case Credit has made a difference to the livelihoods of farmers around the world for over 50 years. During this time a wide array of flexible financial products and services have been delivered to more than 500,000 customers in Australia, as well as North America, Latin America and Europe. Today these products and services are made available through the Case IH network of approximately 12,000 independent dealerships and distributors located in 160 countries. In Australia, Case Credit has been the financing source of choice for Case IH equipment customers since 1979. Over the years Case Credit has developed a close understanding of the challenges faced by Australians on the land and has consistently supported farmers through good times and bad. With a Case IH network of over 100 dealerships Australia-wide, Case Credit offers a ‘one-stop-shop’ for all your farming equipment and finance* needs. In line with the quality of Case IH equipment, our finance products are world-class offering you competitive rates, no early payout penalties, flexible deposit and repayment structures, and much more. Today we have grown to become the undisputed No.1 finance source whenever Australian farmers purchase new Case IH equipment. Specialist financier, special understanding. As a specialist rural finance provider, Case Credit simply works harder at appreciating your needs. The Case Credit team devotes a large amount of energy to understanding what is really important to you: your goals, your challenges and your outlook for the future. This is how we develop, and deliver the most effective finance solutions for your business. A two-way business relationship. Perhaps it’s due to our depth of industry knowledge developed over many years, but it’s a fact that our customer relationships have remained strong despite the inevitable fluctuations in weather conditions and business climate.
*Case Credit recommends that advice should be sought from your accountant or financial advisor on which form of finance best suits your current requirements and on any tax implications.
Lease and loan options Loan & Goods Mortgage
Master Goods Mortgage
A Loan & Goods Mortgage enables you to receive the full benefits of ownership immediately. With the title passing to you upon purchase, Case Credit takes a mortgage over the equipment for the life of the loan. A Case Credit Loan & Goods Mortgage can deliver to you many advantages.
Essentially the same as a Loan & Goods Mortgage, with one important difference. The Case Credit Master Goods Mortgage, which links to the Credit Line, allows you to purchase equipment at several times during the year on one original master document.
For starters, it has a fixed low interest rate for the term of the loan, protecting you against rising interest rates. Subject to credit approval, the deposit amount required is flexible and payment schedules can be tailored to suit your individual business requirements.
In addition to the same advantages as a Loan & Goods Mortgage, the Master Goods Mortgage also features a simplified documentation process and reduced paperwork. After the initial contract is signed, only 1 or 2 signatories per equipment purchase are required if so nominated, rather than every business partner.
Because you own the equipment, you may be able to claim your depreciation and interest costs as business tax-deductible expenses. You may also be able to claim your GST as an input tax credit in your Business Activity Statement. Fixed repayments for the loan term increase your budgeting certainty. As well, you are building equity, which you can roll over into your next equipment purchase. Finally, the loan structure allows you to spread your purchase cost over a manageable time frame. Payments can be tailored to match your income cycles or any other seasonal requirements. Terms range from 12- 60 months.
Finance Lease With this option Case Credit owns the equipment. The equipment is rented to you (subject to credit approval), for an agreed period at fixed repayments. At term end, you may be able to purchase the equipment by refinancing with Case Credit or by purchasing outright at the agreed residual value. There are several noteworthy advantages to a Case Credit Finance Lease. It lets you expand or update your equipment needs without tying up working capital. It affords you the opportunity of ownership along with the cashflow benefits of lower repayments. Case Credit does not require a deposit, however, payments are required to be made in advance. Fixed rental costs during the contract period increase your budgeting certainty. The fixed underlying interest rate feature gives you protection against rising interest rates. Best of all, you may be able to claim your regular repayments as a taxdeductible business expense. Payments† can be tailored to match your income cycles or any other seasonal requirements. Terms range from 12- 60 months.
†Payment structure includes a final residual value.
With its speedy draw down process, you can make urgent purchases or take advantage of timely opportunities. A dedicated Case Credit Finance Manager is always available to advise on your finance needs. As with the Loan & Goods Mortgage, payments can be tailored to match your income cycles or any other seasonal requirements. Terms range from 12- 60 months.
Commercial Hire Purchase Case Credit Commercial Hire Purchase is designed for farmers looking to preserve working capital whilst working towards ownership over a period of time (i.e. you own the equipment upon final payment). You can make as small or large a deposit as you wish (subject to credit approval). Importantly, for both tax and accounting purposes, you are considered ‘the owner’ of the equipment and may be able to claim both depreciation and interest as business expenses. The Case Credit Commercial Hire Purchase option helps you create equity, which you can roll over into your next purchase. It allows purchase costs to be spread over a manageable time frame and its fixed term interest costs protect you against rate rises. Payments can be tailored to match your income cycles or any other seasonal requirements. Please note that Commercial Hire Purchase is a fixed term contract and the equipment financed serves as the primary form of security. Terms range from 12- 60 months.
The Case Credit team
Meeting all your asset finance needs. At Case Credit, our team of fully trained Finance Managers are dedicated to providing you with all the help and advice you require, whether over the phone or face to face on your property.
Furthermore, an extensive range of finance options are available for all your business asset requirements. Case Credit provides finance for assets such as trucks, utility vehicles, silos, sprayers, fork lifts and so on.
In addition, our Customer Assist team are trained to offer assistance by phone or email. They are trained to assist you with finance quotes, updates on your loan status, information on alternative finance options, and many other services.
For a finance quote or more information regarding Asset Finance, please contact Case Credit Customer Assist on 1800 807 934 or [email protected]
Your local Case IH dealership A one stop equipment and finance shop. Your local Case IH dealership gives you the easiest and best access to owning or leasing quality agricultural equipment. Your dealer is not only an expert in Case IH equipment and trained to advise you on the most appropriate equipment for your farming needs, they can also offer you access to the most suitable type of finance to match your business needs. Through your local Case IH dealership, Case Credit provides a full range of finance options for every piece of equipment you purchase. For a finance quote or more information, simply contact your local Case IH dealership, or Case Credit Customer Assist on 1800 807 934 or [email protected]
Flexible payment options We believe that by understanding the special needs of Australian farmers we can create a more flexible and appropriate range of repayment options. Please take a moment to consider the Case Credit payment option that’s best for you.
Structured Payment Plan A schedule where the timing of repayments is structured in line with your income patterns. This payment structure can really
help smooth out your cashflow by aligning payment timing with your seasonal income flow.
Deposit Options For customers who wish to provide little or no deposit towards the purchase of their equipment, Case Credit can provide flexible payment options to help match your cashflow to an appropriate payment plan.
Reduced payment options Balloon Payment This option allows you to make lower payments during the contract period, with a larger final (balloon) payment at the end of the contract. The lower scheduled payments associated with this structure can greatly assist your cashflow.
Equity Down The benefit of Equity Down is that the higher the equity (deposit paid), the lower the scheduled payments. The deposit can be paid as either a cash payment or a trade-in.
Equity Down is a clever way to help reduce the payments on your transaction account, and build equity in the early part of the loan.
Automatic Payment Plan This handy option is especially appropriate for the time-poor farmer as payments are automatically withdrawn from a nominated bank account. It’s a free service that eliminates cheque writing and concerns over lost mail, whilst ensuring payments are made on time.
Credit Line The Credit Line is specifically designed to assist you with your business expansion plans and help you to take advantage of opportunities as they arise. This revolving credit facility gives you a pre-approved limit that you can draw down upon when making your equipment and business asset purchases (up to your approved limit). You determine how much you wish to use, and when you want to use it. It gives you the security of long-term finance,
and once it’s established, you won’t need to re-approach your Case Credit Finance Manager for additional funding. The Credit Line can be used in conjunction with a Loan & Goods Mortgage, Master Goods Mortgage, Finance Lease or Commercial Hire Purchase. Payment schedules are determined at the time of equipment purchase. Your approved credit limit is reviewed once a year.
Flexible lease options
Loans & Goods Mortgage
Finance Lease
Borrowers wanting immediate ownership and the ability to build asset equity
Borrowers wanting to preserve working capital without the need for ownership title
Borrowers looking to preserve working capital and attain ownership when all payments are made
Ownership Title
Passes to you immediately with a mortgage held over the goods by Case Credit
Remains with Case Credit. You can apply to purchase and own at the end of the contract period
Passes to you upon final payment
Finance amount
Any amount up to 100%
100% finance is mandatory†
Any amount up to 100%
Fixed for the term of the loan
Fixed for the term of the loan
Fixed for the term of the loan
Flexible
None*
Flexible
Tailored to your needs
Tailored to your needs
Tailored to your needs
12 – 60 months
12 – 60 months
12 – 60 months
Optional
Mandatory and is an estimate of the value at the end of the term
Optional
None
None
None
Creates equity in the equipment
Yes
No
Yes
Possible to claim repayments as tax deductions
No
Yes
No
Possible to claim depreciation and interest as tax deductions
Yes
No
Yes
This option best suits
Interest Rate Deposit Payment Schedules Terms Balloon payment/ Residual Value Early Payout Penalties
Commercial Hire Purchase
† Upfront payments are permitted under certain conditions *No deposit is required, however, an initial payment must be made at the start of the contract
For more information, contact Case Credit Customer Assist on 1800 807 934 or [email protected]
Case Credit is a division of CNH Capital Australia Pty Ltd. ABN 71 069 132 396. Full details of the terms and conditions of the finance will be made available on application. The details in this brochure may be subject to change without notice. Any advice given in this brochure is of a general nature only, does not constitute financial or tax advice, and is not based on any consideration of your objectives, financial situation or needs. To decide if a finance product is right for you, it is recommended that you seek the advice of a qualified advisor. RENARD CCR4863
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