FINANCE PRODUCTS
The right structure for the way you do business.
Rental, lease, loan or line of credit — each product balances ownership, cash flow and tax differently.
Here's how they compare.
FLEXIBILITY FIRST
Rental/Operating Lease
You rent the asset for a fixed term with fixed payments throughout. At the end of the lease you choose: return the equipment, continue renting, upgrade to new technology, or purchase it.
WHY BUSINESSES CHOOSE IT
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Keep equipment current — upgrade at end of term
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Fixed repayments for the full lease period
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Repayments are generally tax deductible and treayed as an operating expense
OWN THE ASSET
Specific Security Agreement (Chattel Mortgage)
A secured equipment loan for business-use assets. You own the asset from day one, with the loan secured against it — and the option of a balloon final payment to keep periodic repayments down.
WHY BUSINESSES CHOOSE IT
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Ownership benefits from the start
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Optional balloon payments reduce regular payments
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Depreciation and interest components may be tax deductible
CASH FLOW ON TAP
Business Overdraft
An extension of credit that lets your business access funds beyond the balance of its trading account — typically linked directly to the account, so funds are there the moment you need them.
WHY BUSINESSES CHOOSE IT
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Up to $250,000 available
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Streamlined online registrations
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Only pay for what you draw down
ALSO AVAILABLE
More ways to fund your business
Working Capital Funds
Free up cash tied to day-to-day operations so you can take on bigger jobs without the squeeze.
Term Loans
A straightforward lump sum with a fixed repayment schedule for larger business investments.
Novated Lease
A three-way agreement between employer, employee and financier — a tax-effective way to put staff into vehicles.
A note on tax: the tax treatment of each product depends on your circumstances. Please confirm the implications with your accountant before proceeding.