We are thrilled to announce the establishment of Hamilton Morello Finance!
With this expansion, we continue our commitment to providing comprehensive financial services and solutions to our clients.
At the helm of Hamilton Morello Finance is Jason O’Shaughnessy. Jason has had an extensive career in the Corporate and Business Banking sector. Jason’s journey in the industry has seen him take on pivotal roles across Analyst, Senior Client Management and Commercial Banking Executive Leadership positions. His extensive experience has given him a deep understanding of the financial landscape. He is passionate about a making a positive difference.
With the establishment of Hamilton Morello Finance, we can offer a comprehensive range of finance solutions, including:
- Business and Commercial Lending Solutions;
- Commercial Property Investment and Development Funding;
- Home Lending – purchasing and refinances;
- Asset Finance; and
- SMSF purchasing and refinancing.
Whether you are an individual looking to secure your next home or investment property or a business aiming to optimise cashflow and investments, our team of experts at Hamilton Morello Finance will be there to guide you every step of the way.
We look forward to working closely with your future finance needs. If you have any questions, please contact us and we’ll put you in contact with Jason.
ASSET FINANCE AND CAR LEASING
With the establishment of Hamilton Morello Finance, we have assisted an increasing number of our clients with asset finance and car purchasing requirements as they take advantages of many of the tax savings.
This has enabled Hamilton Morello Finance to expand their team and allocate experts in Asset Finance to manage these requirements. We are thrilled to introduce that Harry Ioannou who has been running the Hamilton Morello Finance Asset Finance division for the last couple of months.
Harry has over 10 years of experience in motor vehicle purchasing and finance/leasing. Harry is able to assist with your business and personal leasing including:
- Vehicle leasing (company vehicles or personal vehicles);
- Electric Vehicle Leasing;
- Novated Leasing / Salary Packaging;
- Plant and Equipment (trucks, excavators, tractors, machinery);
- Commercial Vehicles (Utes, vans, buses, prime movers); and
- IT Equipment/Medical equipment.
Electric Vehicles (EVs) – Company Salary Packaging Benefits
The federal government has introduced significant incentives to businesses around the purchase of electric vehicles. Plug in Hybrids and EVs have become extremely attractive for business ownership due to Fringe Benefits Tax exemptions, when purchased under salary packaging/novated leasing agreements.
This means, that under a Novated Lease agreement, where the business makes an EV available for its employee(s), the monthly leasing costs of an Electric vehicle such as a Tesla Model 3, (valued at $67,000) can be cheaper to lease than a $40,000 traditional petrol-powered vehicle.
We are seeing a large proportion of business fleets planning to transition to plug in hybrids and EVs as a result of these tax benefits. However, Novated Leasing should be discussed with your Hamilton Morello partner or consultant to determine its suitability to your business.
Banks/Lenders are also subsidising financing for EVs, making the cost of funding to 1 to 1.5% lower than petrol powered vehicles.
We have access to these EV loan products and can assist you with discounted EV interest rates if you are considering an electric vehicle purchase.
If you have any questions and wish to discuss further, please contact us.