ABOUT ABN Money > Our Services

Vehicle & Equipment Finance

Vehicle & Equipment Finance is a competitive and tax effective form of financing that allows businesses to acquire assets whilst preserving capital and maintaining cash flow. Vehicle & Equipment Finance is the generic term used to describe independent stand alone financing of assets that are used to produce assessable income. 

You or your clients  may want to expand your business by replacing or leasing vehicles, updating IT equipment or software, or purchasing new plant and equipment. Being at the very heart of the financial affairs for the client means you are in a very good position to offer a service such as the facilitating of Vehicle & Equipment Finance. The process is made simple for the client  given you generally have to hand most of the relevant information required to make such an application.

What products are available?

Through the services of our referral partner LeaseChoice, ABN Money offers the full range of Vehicle & Equipment Finance products, which include:

  • Finance Lease
  • Rental or Operating Lease
  • Commercial Hire Purchase
  • Chattel Mortgage or Equipment Loan
  • Novated Lease

Which product do I choose?

This will depend on your, or your clients individual circumstances. Generally you are in an excellent position to understand your clients specific needs.

In choosing the right financing solution the following considerations are important:

  • Tax/Accounting Treatment (e.g. Commercial Hire Purchase or Finance Lease)
  • GST Reporting Method (i.e. cash or accrual)
  • Cash flow and budget management
  • Useful life of equipment
  • End of term options

Please refer to our FAQ section which provides details and individual specifications of each type of finance.

What equipment types are eligible?

The finance products are generally available across a wide range of assets – common equipment types are:

  • Cars 
  • Commercial vehicles including vans and trucks
  • Plant and equipment
  • Manufacturing equipment
  • Medical equipment
  • Office equipment including computers, faxes and communication equipment

Finance is available for purchases of $10,000 or more.