SME Equipment Loan

Key Features
Key Features

Our affordable and flexible SME Equipment Loan can help you replace, upgrade or purchase additional plant and equipment for your business.

  • Purchase transport & logistics, construction or agricultural equipment~
  • Loans from $20,000 to $500,000^
  • $0 deposit (i.e. 100% finance allowed)
  • Loan terms of up to 5 years
  • Principal and interest repayments over the term of the loan
  • Flexible repayment arrangements. Match your loan repayments to suit your cash flows with one of our optional balloon repayment structures

Optional balloon repayment structures

 ➩ 2 year term with a 60% balloon payment 
 ➩ 3 year term with a 45% balloon payment 
 ➩ 4 year term with a 35% balloon payment
 ➩ 5 year term with a 20% balloon payment  
Interest Rate
1 Year Fixed
2 Year Fixed
3 Year Fixed
4 Year Fixed
5 Year Fixed
Interest Rate
Interest Rate
Interest Rate
Interest Rate
Interest Rate
Rates Effective From 19/11/2020
Application Fee $200
Monthly Administration Fee $0


To be eligible for any SME Support Loan under the SME Guarantee Scheme you must:

  • Have an Australian Business Number (ABN);
  • Have an annual business turnover of up to $50 million;
  • Be making a new loan application (not an extension of an existing loan); and
  • Be applying for the loan for business purposes. SME Support Loans cannot be used to purchase residential property or a financial product; or for the provision of loans to an 'associated entity'.
SME Support Loans for Small and Medium Business
See the loans we're offering under Phase 2 of the SME Loan Guarantee Scheme to help businesses adapt and invest for the future.
How do I apply?
How do I apply?

To apply for or enquire about our SME Support Loans: 

  • Call us on 1300 301 809;
  • Enquire online; or
  • Contact your existing Business Banking Manager directly.

For more details on the Scheme visit the Department of Treasury website.  

Tips on applying for a business loan
Senior Business Banking Manager Charlton Nevis, gives his tips on how to prepare yourself before applying for a business loan. 
These articles may help you

We are here to help

Our specialists will help you find the right product and support you through every step of the purchase.

Enquire now

Or call 13 14 22 to speak to an expert