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.