Upgrade your business bank as well as your equipment.

 

With fast approvals and competitive rates, Bank of Melbourne
equipment finance is a smart way to get ready for tax time.^

Bank of Melbourne offers a comprehensive range of equipment finance options. Plus, for those who qualify, we've got a fast approval process that can save you time in the run up to the end of the financial year.

So stop tying up funds in depreciating assets. A Bank of Melbourne business specialist can help you free up cash with equipment financing designed to help you save time and money and grow your business.

Find a branch or call 1300 100 266 to talk to a Bank of Melbourne business specialist.

 

Bank of Melbourne equipment finance options include:

Finance Lease

  • Lease a motor vehicle or equipment for a fixed period of time.
  • At the end of the lease term you can upgrade to a new vehicle or equipment, or look to refinance the residual value on the existing lease if it is in good order.

Commercial Hire Purchase

  • Structure the finance to suit your business' cashflow.
  • Ownership of the vehicle or equipment will pass to you at the end of the finance term once the contract has been paid in full.

Novated Lease

  • Enable your employees to have a novated leased vehicle as part of their salary package.
  • As the employer, you're responsible for the upkeep and maintenance of the leased vehicle and you pay the rental payments directly to Bank of Melbourne.

Chattel Mortgage

  • This is a fixed interest rate loan supported by a mortgage over the vehicle or equipment to be purchased.
  • It allows you to purchase the equipment you need and use it immediately.
 

Find a branch or call 1300 100 266 to talk to a Bank of Melbourne business specialist.

The Detail

^Please always seek independent professional tax advice on any taxation matters.

Conditions, fees and credit criteria apply. Before making a decision it's best to read the terms and conditions which are available on application.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.

Equipment Finance is issued by Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141.

Automotive Finance is issued by Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141.