Finance to purchase equipment

(Also referred to as ‘chattel mortgage’)

Our loans and goods mortgage facility enables you to purchase the equipment and the bank takes a mortgage over the equipment as security.

As ownership of the equipment rests with you, you may be able to claim the full GST back in your next BAS*.

There are also significant potential tax advantages*, as you may claim the interest cost as well as the depreciation of the asset. 

• Competitive interest rates, fixed for the duration of the contract
• Customise the amount and frequency of your rentals to match the seasonal pattern of your farm income
• Up to 100 per cent finance (including GST) available to approved applicants
• Interest and depreciation may be claimable against your total income
• Title to the equipment remains with you