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Business vehicle finance

Westpac Business Loans for Equipment Finance
  • On the spot conditional approval for eligible customers​
  • Take advantage of potential tax benefits1
  • Vehicle loan (also known as a chattel mortgage), lease or hire purchase vehicle finance options​
  • Competitive interest rate and flexible repayment terms.

Business equipment finance

  • Flexible repayments to suit your cash flow and budget​
  • Equipment loan (also known as a chattel mortgage), lease or hire purchase equipment finance options​
  • Use the asset you're buying as security for machinery and equipment financing​
  • Structure repayments to take advantage of potential tax benefits1.

Temporary Full Expensing

You may be able to claim a tax deduction for the full cost of eligible business vehicles or equipment purchased and used/installed before 30 June 20221Tell me more

How can I fund vehicle, machinery and equipment purchases?

Options to finance a new vehicle, machinery or equipment for your business.

Equipment and car tax deductions: the advantage of being a business owner

Get familiar with equipment and car tax deductions to help your small business when it comes to tax time. 

How instant asset write-offs could help Aussie businesses get back on track

Eligible businesses may be able to take advantage of extended tax write-offs until the end of 2022.

Things you should know

Applications for vehicle and equipment finance are subject to the Bank's normal lending criteria. Credit criteria, terms and conditions, fees and charges apply. ​

 

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.

Find out what information you need to provide to become a customer.