Equipment Loans Features & Benefits
Equipment Loans – Our Equipment Loans (also referred to as “Chattel Mortgages”) allow a business to purchase equipment in its name and use the equipment as security for the loan.
- Loan Amount:
- From $7,000 and upwards
- Term:
- 1 to 5 years (terms up to 7 years considered for larger advances)
- Deposit
- No deposit required to approved applicants, can finance 100% of purchase price
- Repayments
- Can be structured to suit your cash flow – monthly, quarterly, half yearly, annually, seasonally or irregularly and are fixed for the term of the loan
- Balloon Repayments
- Available to approved applicants and dependant on the goods being purchased.
- Interest Rate
- Our competitive rates are fixed for the term of the contract
- Ownership
- The customer takes ownership of the goods upon delivery.
- To obtain a quote
- Call 1300 859 574 to speak to your nearest Equipment Specialist or fill out a fast quote enquiry form
