Equipment Loan
Need funding to purchase business equipment or vehicles? Our Judo Bank equipment loan allows you to purchase the asset and pay it off over time.
Features
- Fixed interest and repayments with an optional balloon.
- Flexible repayment options.
- Tailor repayment frequency to match your cash flow.
Valuable for your business
- Help you preserve your working capital.
- Interest and asset depreciation may be tax deductible.
Product Information
Loan Amount
Minimum $250,000 with up to $10M of total relationship borrowings.
Security
Generally secured by the asset being financed.
Term
Up to 5 years matched to the effective life of the asset.
Interest Rate
Fixed interest rate.
Repayments
Principal and interest with an optional balloon. Monthly, Quarterly, Half-yearly and Seasonal to match cashflow.