Business term loan
Borrow a set amount and repay under an agreed schedule.
Keep in mind: Match the repayment schedule to realistic business cash flow.
Explore this option →Business · A CLEARER STARTING POINT
Equipment Finance
Get clear on funding the equipment your business needs, from the asset quote to the final repayment.
Explore the information first. Our team can help you understand the next step.
Your initial profile review won’t affect your credit score.
How credit checks work
The initial review does not involve a hard credit enquiry. If you choose to proceed, a formal credit application may involve a hard enquiry, which can affect your credit score.
THE ESSENTIALS
Your finance essentials.
Start with the equipment and the work it will perform. Separate the asset price from installation, delivery, maintenance and other operating costs. Ownership, security, any deposit and a final balloon or residual depend on the proposed finance structure.
- Purpose
- Purchasing business equipment, machinery or other identified assets.
- How it works
- Finance is structured around the asset, its business use and the proposed repayments.
- Security to understand
- Security and any director or personal guarantees depend on the facility. Ask which assets and people would be exposed.
- Costs to compare
- Review interest, establishment and ongoing fees, repayment frequency, any early payout costs and the total amount payable.
A LITTLE MORE CLARITY
Different business needs. Different ways to fund them.
These explanations help you understand the differences. They do not select a product for you.
Explore related funding structures
Line of credit
Draw funds up to an approved limit under the facility terms.
Keep in mind: Check drawdown rules, interest, fees and limit review conditions.
Explore this option →Invoice finance
Access funding connected to eligible unpaid business invoices.
Keep in mind: Customer quality, invoice disputes, fees and collections arrangements matter.
Explore this option →Trade finance
Fund supplies or orders within a business trading cycle.
Keep in mind: Check supplier payment dates, delivery risks and how the facility is repaid.
Explore this option →A situation you might recognise
ILLUSTRATIVE EXAMPLE
A business needs equipment to deliver work and wants to spread the purchase cost while budgeting for running costs.
The team would discuss the purpose, information available, costs and repayment obligations before any next step. This illustration is not a client story, offer or approval.
Before you decide
Check ownership, security, maintenance and insurance costs, and any final balloon.
business.gov.au: choosing funding ↗GETTING READYA little preparation.
A little preparation.
A better conversation.
You don’t need to have every answer before contacting us. Start with your goal and our team will explain what information is needed.
For this particular request
- An itemised quote showing the asset, delivery, installation and accessories.
- Asset age, condition, serial numbers and seller details where available.
- Business use, expected working life, contribution and preferred repayment structure.
- Existing finance or security interests if the asset is already owned.
Business information
- ABN and entity details, ownership and how long the business has operated.
- Available accounts, BAS and business statements; the required periods will be confirmed.
Cash flow and commitments
- Existing finance balances, repayments and security arrangements.
- A cash-flow forecast showing expected receipts, expenses and seasonal changes.
These are conversation checklists, not the final application requirements. Our team will confirm the relevant records and periods.
What should I tell the team?
Your goal, preferred timing, and any circumstances you would like us to understand. Share sensitive documents only through a verified, approved process.
NO GUESSWORK REQUIRED.
Your questions, welcome.
Is buying equipment the same as releasing equity in equipment I own?
No. A purchase funds an identified acquisition. Equity release or a sale-and-leaseback arrangement involves an asset already owned and requires separate checks of value, ownership, existing finance and the proposed contract. Availability needs assessment.
Can I assume equipment finance provides a tax benefit?
No. Tax treatment depends on the structure, business use and your circumstances. Ask your accountant about GST, deductions and ownership before choosing a facility; any tax outcome should be checked separately from the finance quote.
Can I enquire before choosing the equipment?
Yes. Describe the equipment, expected cost and how it will be used. A supplier quote helps once you have selected an asset.
Can used equipment be considered?
Tell us its age, condition, seller and price. Acceptance and terms depend on the equipment and assessment.
What if my business already has finance?
Tell us about existing balances, repayments and security arrangements. These are relevant to understanding the new request and your commitments.
What rate and fees would apply to me?
These depend on the product and your individual assessment. Ask for the rate, fees, repayment schedule and total cost in the proposed terms before deciding.
Can I start with a quick question?
Yes. Choose the short enquiry to share your goal and contact details, or take the full application path if you have more time. The team can clarify what is needed next.
Still wondering about something?
Share a little about your plans, or complete the full application if you’re ready.
Choose how to get started →