FAQs
Start-Up Equipment Loans FAQs
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Yes. Subject to individual lender approvals, entities with an ABN can be eligible for asset acquisition financing.
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Interest rates are offered based on the individual application assessment by the lender. New businesses can be offered competitive rates with a strong application and security and good personal credit rating.
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Operating leases are available to fund all types of business equipment being acquired by start-ups.
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The best funding option for businesses at all stages is the one which best suits their accounting method, tax and balance sheet strategy, and financial objectives.
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No. Having GST registration is not a mandatory requirement for commercial credit approval.
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Yes. Operators can select from Chattel Mortgage, Lease, Rent-to-Own and CHP.
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When approved, businesses can realise all the benefits of the selected credit facility including available tax deductions.
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A balloon is an option feature with Commercial Hire Purchase and Chattel Mortgage.
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No deposit funding is subject to lender approval of the application.
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Asset acquisition funding products are typically provided at a fixed rate of interest.

