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Equipment loan

Suitable for owning the tools, equipment and machinery for your business with a fixed term loan from us.

What is an equipment loan?

An equipment loan (sometimes referred to as a goods loan or chattel mortgage) is a popular type of equipment finance. With a goods loan, your business owns the equipment from the beginning of the loan term without tying up valuable working capital.​

​Benefits and features

  • Borrow from $15,000
  • Loan terms from 1 to 7 years​
  • You buy the equipment and we provide a loan for it​
  • Your business owns the equipment​
  • Interest on the finance and depreciation of the asset may be tax deductible1



  • Your business has a valid Australian Business Number (ABN) and is registered for GST​
  • You intend to use the equipment mostly for business use​.

You could use this loan for​​

  • Commercial equipment and machinery to increase capacity​
  • Upgrade your tools​
  • Invest in office equipment, hardware or software​
  • Office or clinic refurbishments​
  • Buy construction or agricultural equipment

The Detail

Conditions, fees and credit criteria apply. Before making a decision it's best to read the terms and conditions which are available on application.​

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.​

Consider if the product is appropriate for you. The General Terms are important and we encourage you to review, save and print them. 

1. The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Customers must seek their own independent tax advice in relation to their individual circumstances.