Best Equipment Finance & Leasing Business Bank

RFI 2018 Australian Business Banking Awards

A smarter way to save

Vehicle and equipment finance is a smart tool to help your business run at its best. We can help you finance the things you need, allowing you to keep your capital in your business. Here are a few basics when it comes to financing your business equipment or vehicles.

Flexible repayments

We work with you to structure a repayment schedule that suits your cash flow. If most of your sales occur during summer you can choose to make more of your repayments at this time. So during winter, your repayments would be adjusted accordingly.

Tax benefits


Usually the interest component is higher at the start of an agreement, which can lead to higher deductions during this period. Under certain products, your rental payments may be treated as a tax-deductible expense, to the extent the asset is used in your business.


Over time, most assets depreciate in value, so you may be eligible for a tax deduction on the annual depreciation of your asset. You can generally claim depreciation and interest as a tax deduction with an Equipment loan or Hire purchase agreement, to the extent the asset is used in your business.

Important information

The tax comments provided in this document are of a general nature. NAB recommends that you seek independent advice.

Business research and insights

The ins and outs of leasing business equipment

If you don’t have ready cash, leasing can be a practical way of acquiring the computers, cars or capital equipment you need to run your business.

Read more

Consider all your options

When you need new equipment to make your business more productive...

Read more

What the Federal Budget means for Australian small business

Overall, the Budget is moderately positive for SMEs...

Read more

Business tips

We're ready to help you

Have us call you
Call 13 10 12

Mon-Fri 8am - 8pm (AEST/AEDT)
Sat-Sun 9am - 6pm (AEST/AEDT)

Talk to an expert