Bigger for what your business needs
Equipment finance that flexes with your cashflow
Competitive interest rates
Flexible repayment terms
Finance secured by your investment
Equipment Loan
Flexible and tailored
New vehicles, equipment or technology. We can tailor an equipment finance solution that will help you preserve capital and manage cash flow. Your ambitions are unique. Your lending solution should be too. Discover what's possible with our specialised lending team.
The types of goods that can be financed include, but are not limited to:
- Motor vehicles (cars, vans, forklifts, prime movers, semi-trailers)
- Machinery (agricultural, industrial, earth-moving)
- Manufacturing equipment
- Printing equipment
- Medical equipment
Benefits of an equipment loan
No upfront deposit
We finance 100% of your financed equipment, often with no deposit^.
Full asset ownership
Because you own the asset, you may be entitled to claim GST input tax credits, depreciation and interest expenses*.
Flexible loan structure
Flexible and tailored repayment structures depending on your cash flow needs.
Optional balloon payment
Reduce your regular repayments to manage your cash flow.
Rates and fees
Let’s talk! Our specialist lending team will listen to what you need and advise you on our competitive interest rates, fees and repayments.
Check your eligibility
Identity
Hold a current Australian Business Number (ABN)
Residency
Is based, registered and operating in Australia
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Finance Lease
We purchase and own the asset and lease it to you for an agreed period.
- 100% finance of the purchase price, deposits not permitted.
- We own the asset and often the entire rental payment is tax deductable*.
- Flexible repayment and tailored payment structures depending on your cash flow needs.
- A mandatory residual at the end of the term means you will benefit from lower rental instalments.
- You can make an offer to purchase the asset at the end of the term.
Hear from our customers
From gates and fences in the 1950s to structural steel for schools and stadiums today. Wayne Squire, Plinius Engineering, still has a vision that we support with a complete business banking package. It includes solutions from company credit cards, payroll, and overdrafts to preapproval on equipment finance. In a challenging industry, he knows we will find a way.
Need help?
Phone
Need support with your account.
At a branch
Use our branch locator to search for a branch near you.
Business hub
Our Business hub is designed to support your business with tips, tools, and resources to help your business succeed.
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Ready to take the next step? Speak to a specialist today.
Things you should know
Terms, conditions, fees, charges and lending criteria apply. Individual circumstances may vary. You should consult your taxation advisor and read the relevant Terms and Conditions available at bendigobank.com.au before making a decision. Rates are subject to change.
^Speak to our team about the most appropriate arrangement for you.
*As the taxation and accounting treatments of various finance products may vary, we recommend you seek independent expert advice before choosing an option.
