How it works
Asset Finance is a financing option that lets your business own or lease new or used assets without paying all at once. With this funding, you can get machinery, equipment, vehicles, or technology even if your business lacks immediate cash, helping you expand and scale.
You can be funded up to 100% of your equipment purchasing which means no down payment necessary.

Chattel mortgage
A chattel mortgage lets you borrow money to purchase a vehicle under your business's name. The lender has the vehicle as security, which assures them that you'll repay the loan.

By signing the contract and getting the loan, you agree to monthly repayments. After clearing the total amount, including interest, the asset is all yours.

Who suits equipment finance

• Business seeking to purchase new or used assets, such as machinery and equipment

• Businesses seeking lower interest rates compared to traditional business loans.

Key features:

• Amount up to $1m

• 24 to 60 months term

• Lower interest rate