What you can finance

  • Cars, utes and vans

  • Trucks, trailers and buses

  • Agricultural equipment

  • Construction and access equipment

  • Other equipment, e.g. computers, fit-outs and manufacturing

Eligibility requirements for online applications

  • You'll be registered for GST

  • You'll have a valid ABN/ACN and turnover of at least $75,000 per year

  • You're at least 18 and permanent Australian resident

  • You intend to use the product mostly for business purposes

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 6.49%. 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

6.49 % p.a.

Rates vary depending on what you buy, so let us tailor a solution for you. Contact us on 13 10 12 or speak to your NAB Business Banker.

Additonal fees Details about any additional fees can be found in our Fees and Charges guide.
Interest charges Charges vary according to fixed interest rates and projected outstanding loan balances.

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

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

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