Equipment Finance with Fast Approval
Need a new business vehicle?
You could be eligible for conditional approval. Simply send us your details and a banker will call you back to discuss the eligibility criteria and the lending conditions.
Provided you are eligible and once all lending conditions have been satisfied, we can put the wheels in motion and you could have access to funds in as little as 2 business hours of all lending conditions being approved by us. It's simple.
There are 3 financing options available:
|Finance Lease||Commercial Loan||Commercial Hire Purchase|
|What is it?||We purchase the asset at your request and rent it to you for an agreed period.||You source and own the asset and we provide a loan secured by the asset.||We purchase the asset at your request and you buy it from us in instalments.|
|Who owns the asset?||We do and you rent it from us.||You do and we hold it as security.||We do until the agreement has been paid when ownership is transferred to you.
|What is the potential tax benefit?
||The rental payments are generally tax deductible||The interest on the finance and depreciation of the asset are generally both tax deductible||The interest on the finance and depreciation of the asset are generally both tax deductible|
Things you should know
Applications for vehicle finance are subject to the Bank's normal lending criteria. Credit criteria, terms and conditions, fees and charges apply.
Access to funds in 2 business hours of all lending conditions being satisfied and approved by us. Available to eligible customers only.