Asset finance for the public good
Vestone Capital, with over 25 years of local experience, stands as a trusted partner for public sector asset finance. Our extensive range of funded assets empowers agencies to embrace progress without compromising financial prudence.
Modernise your agency while managing budgets
Vestone Capital recognises the delicate balance between modernisation and budgetary constraints. Our government asset finance solutions empower agencies and departments to stay at the forefront of innovation by acquiring state-of-the-art equipment, updating infrastructure, and adopting cutting-edge technologies. With Vestone Capital as your financial partner, you can modernise your agency’s operations seamlessly.
Who do we work with in the public sector?
Vestone Capital proudly collaborates with a diverse range of government organisations within the public sector, including:
- State government departments, including the Western Australian Government
- Local councils
- WA Local Government Association (WALGA)
- NSW Local Government Procurement (LGP)
What equipment do we finance for government organisations?
Vestone Capital’s comprehensive government asset finance coverage extends to a wide spectrum of equipment and assets relevant to government agencies, such as:
- Infrastructure projects
- Technology and IT equipment (including software loans)
- Education equipment
- Healthcare equipment
- Plant and equipment
What options for asset finance for government organisations do we offer?
Our asset finance solutions are as versatile as they are effective. Vestone Capital offers a range of options tailored to the unique needs of government organisations including:
- Operating leases
- Finance leases
- Sales and leaseback arrangements
Why work with Vestone Capital?
Partnering with Vestone Capital delivers more than just financial solutions; it offers a strategic advantage. Our proven track record in the public sector, combined with our commitment to flexibility and customer-centricity, positions us as the premier choice for asset finance. We understand the nuances of government operations, and our expertise ensures a seamless experience from application to the end of the finance term.
Frequently Asked Questions
What information will I need in my asset finance application?
Your application will require comprehensive business details, contact information, and asset specifications. To adhere to regulatory standards, we may request additional information to meet ‘Know Your Customer’ (KYC) requirements under Anti-Money Laundering and Counter Terrorism Financing laws. Our team will guide you if further details are necessary for application assessment
Does Vestone Capital offer sale and leaseback on assets?
Yes, Vestone Capital provides the option for sale and leaseback of select assets up to 12 months old, subject to credit criteria. Additionally, we facilitate environmentally responsible disposal for older assets. For detailed information, reach out to our dedicated team.
Will I need to place a deposit to take out asset finance?
No, we do not require a deposit for local, state and federal asset finance arrangements.
Can I align asset finance with my business's sustainability targets?
Absolutely. Our rental product operates within the circular economy model, allowing you to rent assets for the finance term before returning them. This approach extends the asset’s life through remarketing or recycling, perfectly aligned with sustainability goals.
Does Vestone Capital have experience working with other government agencies?
Yes. As a leading provider of federal, state and local government asset finance, our established presence includes being a panel supplier for multiple state governments across Australia.
What happens at the end of a finance term?
Based on the chosen finance product, clients can either return the asset or make a balloon payment to attain complete ownership.
The Vestone Capital difference
How organisations purchase and use their assets has changed. It is about time the finance industry changed as well. Your options do not need to end with the type of public sector finance you choose. Taking your situation into account, our Vestone Capital team can provide more choice.
Asset lifecycle management
Owning and managing technology can be difficult and time-consuming. Our asset lifecycle management services allow you to refresh your hardware and seamlessly dispose of out-date equipment – enabling you to focus on what’s important.
Managed services
With deep expertise in public sector finance, we understand the importance of providing managed service options ideal for agencies that require simple and flexible solutions.
Complete finance solutions
Gain even more flexibility to tailor a finance solution to your organisation’s goals, with access to our escrow facilities, dial-up and dial-down options, sale-and-leaseback, and usage-based solutions.
Relationships. Built on trust.
We can move faster – and work smarter – together. Keeping in sync with the needs of our clients, brokers and vendors is crucial to how we do things. You can trust us to be there for you – and to prove time and time again why you’ve put your trust in us as your government asset finance partner.
Get in touch
Striking the right balance between speed and smarts can mean the difference between getting ahead or falling behind. By teaming up with Vestone Capital, you’ll discover financing solutions that fit exactly how you need them to.
Speak to your broker
Speak with your commercial finance broker about Vestone Capital.
