What you can finance
Eligibility requirements for online applications
Benefits of this loan
Learn about the benefits of a vehicle and equipment loan (chattel mortgage) and how it could help your business grow.
$0 deposit required
Keep money in your business with no deposit required for loans up to $150,000.
Flexible repayments options
We offer monthly, quarterly or seasonal repayments on loan terms from 1 to 5 years.
Certainty of repayments
Get a fixed rate from 5.99%. Use our quote tool, opens in new window to discover what your rate will be.
Use the asset as security
For most loans, the only security needed is the asset itself.
Tax deductible
Interest expenses on the financing and depreciation of the asset may be tax deductible.
Purchase multiple assets
We can set you up with a limit to save you applying multiple times.
Our rates and fees explained
Our interest rates, fees and deposits associated with business vehicle and equipment loans.
Upfront deposit
$ 0
For most purchases, no deposit is needed (assessed upon application).
Monthly fees
$ 0
No additional monthly fees for maintaining your vehicle or equipment loan.
Initial set up fee
$ 500 once off
Includes $475 Documentation and Settlement Fee and $25 Personal Property Securities Registration and Maintenance Fee.
Interest rates from
5.99 % p.a.
Rates vary depending on what you buy, so let us tailor a solution for you. Check out our quote tool.
Additonal fees | Details about any additional fees can be found in our Fees and Charges guide. |
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Interest charges | Charges vary according to fixed interest rates and projected outstanding loan balances. |
Tools and calculators
Our range of tools and calculators can help you manage your business finances.
Apply online
How to apply online
Step 1. Get a quote
Use our quote tool, opens in new window to discover what you can borrow for and how much it will cost.
Step 2. Apply
Use our simple online application form to apply for loans up to $150,000.
Step 3. Sign documents
Once you’ve provided us with the final invoice, we’ll email you the paperwork to sign.
Step 4. Collect your purchase
Once all documents are received and your vehicle or equipment is ready to be collected, we’ll pay the supplier.
If you’ve already purchased the vehicle or equipment, we can still set up a loan and reimburse you for the cost. Contact us to find out how.
Other options to consider
We have a range of finance options to suit different types of business.
Help and support
We have a range of useful guides and tools to help you manage your business finances.
Contact us
Call Us
Monday to Friday, 8:00am to 8:00pm (AEST/AEDT) and Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT)
Visit a NAB branch
Use our locations tool to find business banking services.
Request a call back
Let us help you with your business banking needs.
Terms and Conditions
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Lending criteria and terms and conditions apply (available on application).
These products are issued by National Australia Bank Limited ABN 12 004 044 937.