Equipment Loan

Our Equipment Loan is a business loan that provides finance for replacing, upgrading or purchasing new and used equipment for your business such as cars, transport & logistics, construction and agricultural equipment. 

6.49 % PA
2 Year Fixed Rate for new lending & refixes
% PA

  • Loans from $20,000 to $500,000
  • No monthly administration fee
  • Variable and fixed interest rate options available
  • Loan terms up to five years for new and used equipment
  • Equipment used as security for the loan
  • Equipment can be sourced from a licensed dealer / auctioneer or private sale
  • Balloon final payment on fixed rate option for new equipment only
Awards for Bank of the Year - Customer Service and Customer-Owned Institution of the Year
Use this loan for

What can you use our Equipment Loan for?

This loan is available to replace, upgrade or purchase new and used equipment, such as:

  • Cars and light commercial vehicles
  • Transport & Logistics Equipment: Buses, Prime Mover, Trailers, Body Trucks and Forklifts
  • Construction Equipment: Hydraulic Excavators, Off Highway Trucks (i.e. water, dump etc), Mechanical Graders, Skid Steer Loaders, Cranes, & Bulldozers 
  • Agricultural Equipment: Combine Front Headers, Sprayers and Tractors  

All other assets can be assessed on a case by case basis subject to an assessment of the suitability and acceptability of the asset as security. Tower Cranes are excluded from the list of acceptable Cranes.


Interest Rate
1 year fixed
2 years fixed
3 years fixed
4 years fixed
5 years fixed
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Rates Effective From 07/03/2024
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Our Business Banking Specialists are available to answer any of your questions, so you can choose the product that best suits your needs. They can also help with setting up your business account, internet banking and lots more.  Tap here for live assistance.