At a glance

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All BOQ equipment finance options

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Funds once repayments have been made

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Minimum loan amount

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Why choose our Revolving Limit for Equipment Finance?{yellow-border}

Does your business have an ongoing need for equipment? When you take out a revolving limit, you will have an approved credit limit for equipment finance over a set term.

About the Revolving Limit for Equipment Finance

A revolving limit means you can finance and acquire equipment over an agreed timeframe, without the need to reapply each time you purchase a new asset. You can also redraw funds which become available once repayments are made.

Bulk limits are also available at a shorter time limit that expires after an agreed time period (e.g. six months). Once drawn, the bulk limit cannot be reused.

Which products can I utilise with a revolving/bulk limit?

All equipment finance products offered by BOQ can be utilised under a revolving limit. These include:

Features and benefits

Minimum limit of $20,000
Your approved limit is reviewed on a regular basis, usually annually
Provides certainty about your capacity to commit to asset purchases, as opportunities arise
Can be combined with a Master Agreement, that further reduces the paperwork burden when drawing down a new asset
No line fees for the limit