What you can finance

  • Vehicles: cars, utes and vans

  • Heavy vehicles: trucks, trailers and buses

  • Agricultural equipment: tractors, trowels and cultivators

  • Construction and access equipment: excavators, loaders, forklifts and scissor lifts

  • Other business needs: computers, fit outs and manufacturing

Eligibility and application

What you need to be eligible.

  1. Your business has a valid Australian Business Number (ABN).

  2. Your business is registered for Goods and Services Tax (GST).

  3. You intend to use the product mostly for business purposes.

The benefits of a finance lease

Enjoy variety and choice, with solutions you can afford.

Variety of vehicles and equipment

Choose from a range of cars, trucks and tractors or forklifts, computers and complete office fit outs.

No deposit or monthly fees

Get the vehicle or equipment you need now with no deposit or monthly fees.

Tailored leasing solutions

Our NAB business bankers can tailor a leasing solution to fit you and your business. We buy the vehicle or equipment and lease it back to you.

Support when you need it

Get advice from our dedicated equipment finance specialists and bankers that understand your business needs.

Fees and charges

Here's what it costs to get started.

Upfront deposit

$ 0

Get the vehicle or equipment you need with no upfront deposit.

Monthly fees

$ 0

No additional monthly fees for maintaining your finance lease.

Initial set up fee

$ 660

Includes $632.50 Documentation and Settlement fee (inc GST) and $27.50 Personal Property Securities Register (PPSR) Registration & Maintenance fee (inc GST).

How finance leasing works

Apply for a finance lease in four easy steps.

Step 1: Choose your vehicle or equipment

Find the right asset for your business. If you’re unsure talk to a NAB equipment finance specialist.

Step 2: Apply

You can apply over the phone or in any NAB branch with a business banker.

Step 3: Sign documents

Once the details are sorted, we’ll send you the documents to sign and return.

Step 4: Collect the vehicle or equipment

When we receive your documents and your vehicle or equipment is ready to be collected, we’ll pay the supplier within one business day.

What will my repayments be?

Your rental payments will vary depending on what you're looking to buy, so let our NAB equipment finance specialist tailor a solution for you. We offer a range of flexible repayment structures to suit your individual needs.

Request a call back

Finance lease: Vehicle and equipment fact sheet

Understanding a finance lease.

  • Additional fees may apply if you:

    • already own the vehicle or equipment
    • are buying the vehicle or equipment from a person or business that doesn't generally sell this type of equipment as part of their normal course of business
    • are purchasing specialised equipment
    • want to make a change to the loan after it has been drawn down.

    Find full details in our Business Banking Fees and Charges guide.

  • At the end of the lease term:

    • you must return the goods to NAB
    • you can make an offer to purchase the goods
    • you can make an offer to lease the goods for a further term.

  • We own the vehicle or equipment, however you are able to make an offer to buy it from us at the end of the lease agreement.

  • You have the freedom to choose new or used vehicle, from a dealer or a private seller (as long as they have an ABN and are registered for GST).

    If you want to make several vehicle or equipment purchases annually, we can set you up with a limit to save you reapplying. Contact a NAB Equipment Finance Specialist to find out more.

  • We offer a range of flexible repayment structures including monthly, quarterly, seasonal or repayments that are tailored to your business.

  • Some customers may be able to claim input tax credits for GST included in the rent instalments and related fees.

    We recommend that you seek independent tax advice.

  • If you make multiple vehicle or equipment purchases throughout the year, we can set you up with a limit to save you from reapplying. Contact us to learn more.

  • If you’ve already paid for the vehicle or equipment, it’s not too late – we may be able to buy it from you, reimburse the cost, and lease it back to you.

  • Unfortunately not. We need to pay for 100% of the vehicle’s cost and cannot accept a deposit or proceeds of a trade in.

Calculators and tools

Use our tools and calculators to help you calculate repayments, manage cash flow and run your business.

Equipment finance repayment calculator

Find out how much your repayments might be for financing equipment, business cars, utes, vans, machinery, stock, property and more.

Calculators and tools for small businesses

Try our tools and calculators for small business to help you manage your finances

Business plan template

Use our template to guide you through writing your business plan.

Help and support

We’re here to help. Learn about other business services available.

Other ways we can help

Use our help guides, FAQs and other support services to help you manage your banking more easily.

View our help and support hub

Other lease and loan options to consider

Choose from a range of business lending products.

Business vehicle and equipment loan

Buy your own business vehicle or equipment with no upfront deposit.

Business finance for green equipment

Learn about our green equipment financing options for businesses, including a fixed rate for electric vehicles.

Hire purchase

Hire the vehicle or equipment your business needs with no upfront deposit and own it at the end of the hire period.

Get in touch

Sales enquiries

Let us help with your business banking needs. Request a call back to chat with one of our business bankers.

Call me back

Contact us

Visit our business banking contact page for how-to-guides, FAQs and contact numbers.

View all business banking contacts

Visit a NAB business banking centre

Let our business banking specialists help you in person.

Find a NAB business banking centre

Terms and Conditions

Lending criteria and terms and conditions apply (available on application).

The tax comments provided in this document are of a general nature and do not take into account any particular person’s objectives, financial situation or needs. The tax benefit information is based on present taxation laws and regulations, which may be subject to change. NAB recommends that you seek independent tax advice before making any decision based on this information, including in respect of the tax consequences arising from the use of any NAB Equipment Finance solution as they apply to your particular circumstances.

These products are issued by National Australia Bank Limited ABN 12 004 044 937.