Why separate your business and personal accounts
Here's three reasons why you should keep your business and personal accounts separate.
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Heritage Finance Holdings Corporation is currently reviewing its position in relation to the RBA’s decision on 6 September to increase the Official Cash Rate. We'll make an announcement here as soon as we finalise our decision.
Equipment Loan
Our Equipment Loan is a business loan that provides finance for replacing, upgrading or purchasing new and used equipment for your business such as cars, transport & logistics, construction and agricultural equipment.
Features
- Loans from $20,000 to $500,000
- No monthly administration fee
- Variable and fixed interest rate options available
- Loan terms up to five years for new and used equipment
- Equipment used as security for the loan
- Equipment can be sourced from a licensed dealer / auctioneer or private sale
- Balloon final payment on fixed rate option for new equipment only
What can you use the Equipment Loan for?
What can you use our Equipment Loan for?
This loan is available to replace, upgrade or purchase new and used equipment, such as:
- Cars and light commercial vehicles
- Transport & Logistics Equipment: Buses, Prime Mover, Trailers, Body Trucks and Forklifts
- Construction Equipment: Hydraulic Excavators, Off Highway Trucks (i.e. water, dump etc), Mechanical Graders, Skid Steer Loaders, Cranes, & Bulldozers
- Agricultural Equipment: Combine Front Headers, Sprayers and Tractors
All other assets can be assessed on a case by case basis subject to an assessment of the suitability and acceptability of the asset as security. Tower Cranes are excluded from the list of acceptable Cranes.
Rates
|
||
|---|---|---|
| Interest Rate | ||
| 1 year fixed | ||
| 2 years fixed | ||
| 3 years fixed | ||
| 4 years fixed | ||
| 5 years fixed | ||
| Variable | ||
Owner - Occupied
Investment
Interest Rate
5.49%
Interest Rate
5.49%
Interest Rate
5.49%
Interest Rate
5.49%
Interest Rate
5.49%
Interest Rate
5.24%
Rates Effective From 17/08/2022
|
||
|---|---|---|
| Interest Rate | ||
| Indicator Rate Equipment Loan | ||
Owner - Occupied
Investment
Interest Rate
6.29%
Rates Effective From 17/08/2022
Fees
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We are here to help
Our specialists will help you find the right product and support you through every step of the purchase.
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