Policy
View common questions and answers about the Asset Finance policy.
What types of assets can be funded?
Asset Finance can be used for a wide range of primary and secondary business‑use assets, including vehicles, machinery and equipment. Asset eligibility is assessed as part of the credit process. Please refer to our eligible asset list. For tertiary assets, see the Equipment Line.
Are there age limits on eligible assets?
No. There are no age restrictions on eligible assets. Asset Finance can fund both new and used assets, subject to credit assessment.
Do you fund luxury vehicles?
No. Luxury vehicles are outside our credit appetite, regardless of customer strength. Vehicle lending is capped at $250k.
Do you fund car rental businesses?
Yes. Car rental businesses would typically be assessed as part of the standard credit process and should be discussed with your BDM.
Do you fund director or personal vehicles?
Yes. We can fund a director’s vehicle that is purchased in the company / business name and used predominantly for commercial purposes. We cannot fund anything in a personal name, used predominantly for personal use.