Source Financial Services Revenue

About Source Financial Services

Source Financial Services is an Equipment Finance Broker headed by Trevor Phillips who has in excess of 35 years experience in the equipment finance industry. Source arranges funding for businesses requiring finance for motor vehicles & equipment purchases. This is done in close consultation with the client to ensure that the most appropriate funding structure is applied giving consideration to such things as the purpose and life of the equipment, the cash flow of the client, the accounting and tax structure of the client. Equipment classes include, but are not limited to: • Motor vehicles, trucks & trailers. • Manufacturing & industrial equipment. • Materials handling equipment. • Earthmoving equipment. • Mining equipment. • Printing equipment. • Medical equipment. • IT&T. • Office equipment. Types of finance include: • Finance lease. • Rental. • Operating Leases. • Commercial Hire Purchase. • Chattel Mortgage. • Motor vehicle fleet leasing. • Novated Leasing. On behalf of the client, Source facilitates quotations & tenders from lenders, preparation of finance applications for submission to lenders, preparation of finance documentation and settlement with equipment suppliers. Source is affiliated with Consolidated Finance Group which is the largest equipment finance aggregator in Australia thereby giving Source access to a significant panel of underwriters and buying power. Source also specialises in arranging vendor finance (sales-aid) programs for resellers (vendors) of equipment. Vendors find it beneficial and an aid to completing a sale if they can offer their customer finance to purchase their equipment. Source tailors individual finance programs relevant to the class of equipment and client.

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