At a glance

100 %
Asset finance is available
1-5  Years
Minimum loan term
$ 20,000 
Minimum loan amount

Why choose our Equipment Rental Agreement?

Due to rapidly changing technology, renting your business equipment can be more cost effective than purchasing it. Under a rental agreement, BOQ Equipment Finance Limited will purchase the asset and rent it out to your business for a fixed term. After the end of the rental agreement, you can choose to return, continue to rent, replace or purchase the equipment as your needs change.


Benefits and Features of our Rental Agreement

When you take out an equipment rental agreement, you will also avoid the initial cost of buying your own equipment, freeing up your working capital.

Equipment rental is a great way of keeping up to date with the latest technology, without the cost of disposing existing equipment once you are done with it.

  • Flexible repayment options to suit your cash flow
  • Repayments are generally tax deductible and treated as an operating expense*
  • Upgrade to the latest equipment at the end of the lease term, without the cost of disposal of existing equipment

Important information

For important information on Equipment and Vehicle Financing, view our Terms and Conditions below.


Ready to apply?

Whether you’re ready to apply or you’d like to know more, one of our business specialists will be happy to help and provide more information.

Enquire now

Visit a branch

We can also help with:

Acquire your business equipment over time

Commercial Hire Purchase

Obtain the business equipment and vehicles you need through a hire purchase loan, where you pay hire charges over a fixed period.

  • 100% finance is available
  • Hire purchase term of 1-5 years
  • Own the asset after the loan has been paid off

An equipment finance option where you own the asset

Specific Security Agreement (Chattel Mortgage)

Own your own equipment upon purchase through repayments that are mortgaged to BOQ Equipment Finance Limited

  • 100% asset financing available
  • Own the asset instead of hiring, renting or leasing
  • Minimum loan amount of $20,000 over 1-5 years