Finance to help you purchase equipment or vehicles for your business, without tying up too much working capital. Choose from an Equipment Finance Loan or FlexEquip facility.
get funding for up to 100% of the GST exclusive price of the new asset
use the purchased asset as security on the loan in most cases
repay the loan before you need to replace the asset – we can spread out the loan over the economic lifespan of your asset
keep the cost of finance down through our competitive interest rates.
Choose from two finance options
Westpac Equipment Finance has two facilities:
Equipment Finance Loan
ideal for one-off purchases like a new set of wheels for the business or a stand-alone machine.
FlexEquip
ideal for financing multiple purchases e.g. vehicle fleet, plant or equipment
once set up, you simply draw-down on your approved limit to purchase additional assets.
Purchasing equipment from overseas?
Our Import Direct service is ideal for customers who need finance for an asset being purchased from an overseas supplier. Import Direct helps you manage the risks around overseas supplier and currency fluctuations.
We can help with
Letters of Credit and import documentation
locking in an exchange rate
the loan to pay for the equipment once it arrives.
All applications for finance are subject to Westpac's current lending criteria. An establishment fee may apply. The international business products mentioned are provided by Westpac Banking Corporation ABN 33 007 457 141, incorporated in Australia (New Zealand division). No member of the Westpac Group accepts any liability for losses suffered as a result of the conversion of currencies, and any exchange risks from the conversion of currencies is the responsibility of the account/deposit holder. For more information or a copy of the Product Disclosure Statement for any product which a Product Disclosure Statement is required, please contact the International Business team.The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.
