Help & support
Enabling Australian farmers, producers and regional businesses to continuously progress by acquiring new and additional machinery. With the flexibility to choose your own supplier and brand of equipment and no requirement for land ownership, we can finance almost any equipment, from utes to harvesters, tractors to irrigators, that you can put to work on the land.
Upgrading or replacing business vehicles or equipment currently under finance? Take advantage of our simple Replacement Pathway by showing 12 months of good payment history.1
Save time and effort when you sign your business vehicle and equipment finance agreement online with CommBank SmartSign®.
There are no surprises, hidden fees or charges with our simple business vehicle and equipment finance pricing.
Apply for our simple business vehicle and equipment finance with 12 months of BAS statements.2
Get a discounted rate when you finance qualifying energy efficient business vehicles and equipment.3
Once your application is approved, we’ll arrange prompt payment to your supplier after you sign your agreement online.
Equipment loan (chattel mortgage)
Our most popular finance option. You own the equipment and pay it off over time.
Master Limit
Energy Efficient Finance
The simplest way to upgrade or replace your vehicles and equipment currently under finance is with our Replacement Pathway. Here’s an example of how it could work.
David and Elizabeth run a mixed farming business.
One of their tractors was coming to the end of its loan term and they decided they wanted to replace it with a newer model using CommBank Replacement Pathway.
By showing they had made on-time repayments for the last 12 months of their current loan, they were able to apply for new finance without needing to provide any additional financial information.
After a credit check, CommBank issued them with a conditional approval on the basis that their previous finance agreement was to be finalised, and their new monthly repayments were no more than 25% over what they were used to paying.
By using their good payment history, David and Elizabeth were able to use CommBank Replacement Pathway to get equipment finance faster and put their new tractor to use in their business sooner.1
We’ll give you a breakdown of the costs and interest. We'll need to know:
Calculate online or talk with your CommBank Agri Relationship Manager.
Apply via your CommBank Agri Relationship Manager. Eligible CommBank customers can receive a conditional credit decision online.4
When your application is approved you can sign your finance agreement online using our SmartSign® paperless technology.
Leave the rest with us and we'll arrange prompt payment to your supplier after you sign your agreement online.
This information is current as at 1 July 2022 and is for general information purposes only. It has been prepared without considering your objectives, financial situation or needs. You should consider the appropriateness of this information to your circumstances before acting on it.
Credit provided by Commonwealth Bank of Australia. These products are only available to approved business customers for business purposes only. All applications are subject to the Bank’s eligibility and suitability criteria and normal credit approval processes. You should view our current Terms and Conditions for Asset Finance and consider them before making any decision about these products. All rates are subject to change. Fees, charges, terms, conditions and lending criteria apply.
These products are only available to approved business customers and for business purposes only. Applications for finance are subject to the Bank's eligibility and suitability criteria and normal credit approval processes. Rates are subject to change. Fees, charges, terms and conditions apply.
1 Approvals are conditional and subject to the replacement asset being suitable to the Bank. Acceptable evidence of good payment history is required. The asset being purchased must not be older than the asset being replaced. The finance agreement on the asset being replaced must be repaid and the new repayment must not increase by more than 25 per cent. Additional information may be requested depending on your application details, the asset being financed and individual circumstances.
2 Additional information may be requested depending on your application details, the asset being financed and individual circumstances. Some industries may be excluded.
3 A discount can apply for qualifying energy efficient vehicles and equipment and applies to the standard rate you would normally pay for the equipment you wish to finance.
4 You can apply for conditional approval in NetBank if you’re an existing CommBank business customer who is a sole trader or the single director of a company that has been operating for at least 12 months. Fees, charges, terms, conditions and lending criteria apply.
