Equipment finance

If you're looking to grow your business, BankSA offers a range of business and equipment finance to help you free up your capital and invest in those areas that are most profitable for you. So rather than tying up funds in depreciating assets like plant and equipment, you can put your money into what you do best.

Finance Lease

Finance 100% of the equipment purchase price, with fixed rentals that may be structured to suit your business' cash flow. At the end of the lease term you, have the choice to upgrade to new equipment or refinance the existing equipment.

For further information, contact your Relationship Manager or Equipment Finance Manager. Alternatively call 1800 804 411.

 Commercial Hire Purchase

This solution allows you to finance up to 100% of the equipment price, or less if you wish to pay a deposit upfront. Ideally, this suits a business that wants the option of taking up ownership of the equipment at the end of the term.

For further information, contact your Relationship Manager or Equipment Finance Manager. Alternatively call 1800 804 411.

 Novated Lease

Allows you to offer attractive remuneration packages to your staff, by providing employees with an option to lease a vehicle of their choice, while the employee retains ultimate responsibility for the leased vehicle.

For further information, contact your Relationship Manager or Equipment Finance Manager. Alternatively call 1800 804 411.

 Chattel Mortgage

As an alternative to leasing or hire purchase, a Chattel Mortgage is a fixed interest rate loan supported by a mortgage over the relevant equipment. This solution is particularly favourable for those businesses that wish to retain the equipment at the end of the term and account for GST on a cash basis. Apart from mortgage stamp duty in NSW, the contract or repayments do not attract GST or stamp duty.

For further information, contact your Relationship Manager or Equipment Finance Manager. Alternatively call 1800 804 411.