Equipment Finance Limit
up to $2 million
No age restriction for any asset
Bank statements only.
No financials up to $500k
No financials up to $500k
Manageable ATO debt considered
Equipment Finance limit
Up to $2 million
Interest rate
Based on the type of asset, age and property or non-property backed
Fees
No annual fees.
Establishment fee $499.
Term
Up to 7 years
Minimum time in business
2 years +
Repayments
Monthly in advance
avoid lengthy applications
Online application in
less than 5 minutes
All we need is a few business and personal details so we can verify you in real-time, avoiding a lengthy application. Link your bank account and we can service you on the spot.
GET STARTED
Get started
Verify your ABN, mobile and Australian ID in real time.
Please have the following ready:
ABN, Australian driver's licence or passport number and bank account details.
Please have the following ready:
ABN, Australian driver's licence or passport number and bank account details.
Link accounts
Link your business bank account for a fast decision
Get funded
If approved, get funded within 24 hours
Frequently asked questions
What is the minimum qualifying criteria for Equipment Finance?
We can assess any business with an Australian ABN that has been trading for 2 years or more with an annual turnover of at least $250,000
How much can my business borrow?
Depending on the assets and equipment to be financed, we offer limits up to $2 million.
What documents are needed to process an application for Equipment Finance?
Our process is simple and can be completed online. We require a completed Application Form and 6 months of bank statements to process an application for Equipment Finance. Prior to funding, we will need the vendor invoice and identification documents for the purchaser.
What type of equipment can be financed?
We offer finance for a wide range of primary, secondary and tertiary business assets and equipment including green goods, access equipment, prime movers, manufacture plant and workshop equipment, commercial cleaning and medical office equipment. Our range of Asset Finance solutions also includes Vehicle Finance and General Equipment Finance options for your business.
How long does it take to finance my equipment?
Once you sign the Facility Agreement, the funds are transferred to the vendor for the purchase on the same day.
Who can I speak to about my equipment finance options?
Our Relationship Managers are available to help you with any questions and at every step of the short and simple process. They can be reached on 1300 249 649.
Can I access extra funds if I need to during the loan term?
Yes. We also offer a Working Capital Facilities, Terms Loans and Business Overdrafts, as well as a range of Asset Finance solutions to help with your other finance needs.
What loan terms are available for Equipment Finance?
The loan term for this product is up to 7 years, depending on the asset being financed.
