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Website finance using your website as the security *Fully Tax deductible repayments!
As with all forms of finance, at websitefinancing.com.au we need to ensure that there is adequate security to cover the cost of the loan.
This is achieved by using the domain name as the primary source of security.
We only offer finance to businesses, no consumer lending, in other words No ABN, No consideration for approval.
We offer the finance in the form of an operating lease which in effect is a rental agreement, the reason we do this is that we then have ownership of the domain name for the term of the agreement, at the end of the agreement we relinquish the ownership rights of the domain name to it’s original owner for a nominal fee of somewhere between $1.00 and $1.50.
This may sound scary, but if your clients have confidence in their business model and their ability to repay, you have nothing to fear, and everything to gain.
During the term of the rental agreement, all rental repayments are fully tax deductible.
* We strongly suggest that anyone seeking finance should seek independent financial advice from an appropriate taxation advisor to ensure that their proposed rental payments can be claimed as a tax deduction.
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