Goods Loan

A goods loan is the most popular type of business vehicle and equipment finance. With a goods loan, you source the vehicle and your business owns the vehicle from the beginning of the loan term without tying up valuable working capital. The loan is generally secured against the vehicle and your business can usually claim the interest on payments and depreciation if the vehicle is used to produce income.
Category: Business Loans  Last Updated May 25, 2026  Effective June 3, 2026

 General Lending Rates

No product information is currently listed. Please make contact with us for more information.

 Product Features

  • Other Additional Information: Minimum finance amount available is $15000 with a term range of 1 year to maximum of 7 years
  • Other Additional Information: Flexible repayment terms are available for the product
  • Other Additional Information: With Goods loan you source and own the asset and we provide a loan secured by the asset.
  • Other Additional Information: With Respect to ownership you own the asset and we hold it as security.
  • Other Additional Information: Potential tax benefits : Interest on the finance and depreciation of the asset are generally both tax deductible

 Product Eligibility

  • Business Additional Information: Your business has a valid Australian Business Number (ABN) and is registered for GST.
  • Business Additional Information: The equipment is mainly used for business purposes

 Bank Fees and Charges

  • Establishment Fee - Ef (Upfront), Amount: 500.00. Additional Information: Charged to cover the costs of originating your Goods Loan, Hire Purchase or Lease and payable by you on or before the settlement date.
  • Asset Inspection Fee (Event), Amount: 150.00. Additional Information: Applies where we, or one of our agents is required to inspect the Equipment being financed. This fee is payable on or before the settlement date. Note: Sometimes we may require an agent to inspect the goods on our behalf - where this amount differs we will advise you via the Details.
  • Legal Fees For Complex Documentation (Variable), Amount: Not Listed.. Additional Information: Where we require external Lawyers to document some or all of your contract documentation, we will advise you of this fee before proceeding. It will be payable on or before the settlement date
  • Early Termination Fee (Variable), Amount: Not Listed.. Additional Information: Applicable when you terminate your Goods Loan, Lease or Hire Purchase early and is charged at an amount equivalent to three monthly payments. We work this out by adding up the total repayments, dividing this by the number of months in the term and multiplying this by 3.
  • Break Costs (Variable), Amount: Not Listed.. Additional Information: Refer to your Goods Loan, Lease or Hire Purchase Details and the Auto & Equipment Finance General Terms you were provided with for an overview of how this fee is calculated. Break costs are not a fixed amount and are determined by a number of factors specific to your product.
  • Overdue Interest (default / Penalty Interest) (Event), Amount: Not Listed.. Additional Information: This charge applies on overdue amount from the time it?s due until it?s paid
  • Personal Property Security Fees (Variable), Amount: Not Listed.. Additional Information: Personal Property Security Fees apply when search and registration fees are applicable. Where charged individually, these will be itemised on your Details and for the current costs, please refer to the PPS Registrar?s website which can be accessed at below link
  • Aircraft - International Registration (Upfront), Amount: 750.00. Additional Information: Applies for each registration of Security on the International Register and payable by you on or before the settlement date when this type of security is required for financed aircraft The AUD amount will be quoted to you as part of the settlement documentation where it applies. (I.e. Quote and Details)
  • Aircraft - International Deregistration (Event), Amount: 450.00. Additional Information: Applies each time we are required to remove a security registration from the International Register and payable by you on or before the date of removal. The AUD amount will be quoted to you before being charged.
  • Aircraft - Casa Transfer Of Ownership (Variable), Amount: Not Listed.. Additional Information: Applies each time there is/will be a transfer of ownership with the Civil Aviation Safety Authority (CASA) and payable by you on or before the date of transfer.
  • Aircraft - Raa Transfer Of Ownership (Variable), Amount: Not Listed.. Additional Information: Applies each time there is/will be a transfer of ownership with the Recreational Aviation Authority (RAA) and payable by you on or before the date of transfer.
  • Marine - Vessel Registration (Variable), Amount: Not Listed.. Additional Information: Applies for each registration of a marine vessel with the Australian Maritime Safety Authority and payable by you on or before the settlement date when this type of security is required

 Limitations & Restrictions (Constraints)

  • Min Limit of 15000.00

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