The Finance Algorithm
Bendigo Bank

Equipment Loan

You own the asset and purchase it with a loan, using the equipment as security. Usually no deposit is required. As you own the asset, you may be entitled to claim GST input tax credits, depreciation and interest expenses. Flexible and tailored repayment structures depending on your cash flow needs. A balloon payment may be included at the end of the term depending on the asset age and type.

Business loansRates on applicationBank updated 19 Aug 2026
At a glance
Pricing
Rates on application
Loan size
$10,000 to no maximum
§ 02 — Fees · 3
FeeTypeAmountWhenNotes
Early Termination FeeExit$250Business fees and charges
Documentation FeePurchase$450Business fees and charges
Private Sales, Sale & Buy Bank and Refinance from other Financial InstitutionsPurchase$100Business fees and charges
§ 03 — Features

None published.

§ 04 — Eligibility & limits
  • · Residency: Must be based, registered, and operating in Australia
  • · Available to businesses
  • · Amount $10,000 to no maximum

Published by Bendigo Bank under the Consumer Data Right, last changed by them on 19 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.