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Car & equipment loans

Business car loan

  • Own a car, van, truck or ute from the get-go
  • Loan is secured by the vehicle
  • Option to make a balloon payment

Business equipment loan

  • Own farming, dental or commercial kitchen equipment from the get-go
  • Loan is secured by the equipment
  • Option to make a balloon payment

Receive approved funds within 1 business day*

Faster funding to meet your business vehicle and equipment needs.

Get a quote in minutes or enquire now to leave your details and receive a callback from a business lending specialist.

Other vehicle & equipment finance

Finance lease

  • We buy the asset (vehicle or equipment) you need and rent it to you for an agreed period
  • Your business uses the asset while you make regular repayments
  • Return the asset to us when the lease ends 

Hire purchase

  • We buy the asset (vehicle or equipment) and you buy it from us in instalments
  • Your business uses the asset while you make regular repayments
  • Ownership is transferred to you once the final repayment is made

Novated lease

  • An arrangement between you, your employee and us 
  • Make repayments for an employee’s car from their pre-tax salary
  • When the lease ends the employee must pay the residual value and they can make an offer to buy the car from us, return it to us or upgrade to another one

Wondering if you could get a better rate?

Our business lending specialists could help.

Enquire now to negotiate a rate tailored to your needs. Enquire now

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Frequently asked questions

A balloon payment is a lump sum paid at the end of your loan term. It could help you get the car and equipment that your business needs while freeing up your cash flow via lower monthly repayments. However, you’ll pay more interest over the loan term. Without a balloon payment, your monthly repayments will be higher, and you’ll pay less interest and won’t need to pay a lump sum at the end of the loan term. 

Things you should know

Eligibility, credit criteria, fees, charges, terms and conditions apply.  


*For applications that meet the following criteria:

  • New customers who borrow up to $150k and existing customers who borrow up to $250k
  • New customers must own residential property
  • The business has been trading for 2 years or more  
  • The business has a valid ABN and is registered for GST
  • The vehicle or equipment  is 5 years old or less
  • Customers must have an acceptable credit history and must not have outstanding statutory payments


Applications for vehicle and equipment finance are subject to the Bank's normal lending criteria. 


The taxation position described on this page is general in nature and does not take into account your personal circumstances. It does not constitute tax advice or a guide to tax legislation. You should consult a professional, independent tax advisor to determine tax implications relevant to your circumstances.