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BetterBusiness

Equipment finance calculator

Our equipment finance calculator can help you work out the repayment amount or the total amount financed on an equipment loan.

 

An equipment loan (also known as a chattel mortgage or bill of sale) is a loan where you borrow funds to acquire an asset. You provide security for the loan by way of a mortgage to the Bank over the asset financed.

 

Generally you are not required to provide a deposit and repayments may be tailored to help you manage your cashflow.

 

 


Important information 
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. All products mentioned on this web page are issued by the Commonwealth Bank of Australia; view our Financial Services Guide (PDF 59kb)



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