Skip to content Westpac Business
Personal BankingBusiness BankingCorporate BankingWestpac Info

Site index | Contact us | Locate us

 

Finance Lease

Call Business Direct on
132 772 or speak to your Relationship Manager

Email an Expert
Schedule an appointment with a Business Banking Manager
Apply now

 

Leasing finance is a tax effective strategy available to businesses to finance the purchase of eligible plant and equipment, vehicles and assets that are used wholly or substantially to produce income. The key advantage of a finance lease is that it doesn't tie up large amounts of capital.

Key features

  • Minimum loan amount -$15,000
  • Leasing terms from 1 to 7 years
  • Fixed term and rate quarantining payment certainty
  • Residual value payable at expiry.

Additional benefits
  • Payments are normally tax deductible and can be structured to meet your requirements (monthly, quarterly, annually or seasonal)
  • No initial capital outlay required
  • Choose your own supplier and negotiate a price independently
  • Master facility available for lines of credit to avoid obtaining approvals for each transaction.

     

     

Practical tools & workshops to support business owners.

General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product. View our Australian Prudential Regulation Authority Registrable Superannuation Entity (RSE) Licence & Registration numbers.

By accessing and viewing this website you agree to be bound by the Terms and Conditions of this website.

Products and services described here are only available in Australia. Fees and charges apply. Full details of all terms and conditions are available on application. These may be varied, or new terms and conditions introduced, in the future.

Copyright © 2008 Westpac Banking Corporation ABN 33 007 457 141