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The Business Loan Store
Commonwealth Bank

Commonwealth Bank Car & Equipment Finance

Finance for business vehicles and equipment from $20,000 as an equipment loan (chattel mortgage), hire purchase or finance lease.

Equipment & Asset FinanceVehicle & Fleet FinanceGreen & Sustainable Finance
Source dated 1 Oct 2026
Amount
From $20K
Term
Not published
Rate
Rate available on application
Security
Asset-backed
Enquire about this product

Product details

As published by Commonwealth Bank. Details not published by the lender are marked.

Loan amount
From $20K
Rate
Rate available on applicationFixed rates, priced individually; no rate figure published.
Rate type
Fixed
Security
Asset-backed
Structure
Equipment loan (chattel mortgage), hire purchase or finance lease
Fees
One-off documentation fee (amount not published), can be financed or paid upfront · No monthly fees
Repayment frequency
Monthly, Quarterly
Time trading
12+ months trading
Funding time
Aims to contact within 1 business day to finalise approval
Green programme borrower
Eligible business asset finance customers
Eligible green assets or projects
Eligible green vehicles and equipment under the lender green finance offer
Restrictions
Business needs a current ABN and a good credit rating. Balloon payment option available.
How to apply
Direct with the lender, or through us
Not published by Commonwealth Bank
term, early repayment, turnover, documents, guarantees, green discount
Suitable purposes
EquipmentVehicleSustainable investment
Green uses
Electric vehiclesEV chargingGreen vehicles & equipmentEnergy-efficient equipment

About Car & Equipment Finance

Commonwealth Bank publishes these details for Car & Equipment Finance: structure equipment loan (chattel mortgage), hire purchase or finance lease; loan amount from $20K; security asset-backed; time trading 12+ months trading; funding time aims to contact within 1 business day to finalise approval; suitable purposes equipment, Vehicle, Sustainable investment. Not published by Commonwealth Bank for this product: term, maximum LVR, turnover, documentation, guarantees. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other Commonwealth Bank products

  • Agri Green Loan: Structure is equipment loan (chattel mortgage), hire purchase or finance lease here and term loan for Agri Green Loan; loan amount is from $20K here and from $10K for Agri Green Loan; Commonwealth Bank publishes security (asset-backed) for this product but not for Agri Green Loan; Commonwealth Bank publishes time trading (12+ months trading) for this product but not for Agri Green Loan.
  • BetterBusiness Loan: Structure is equipment loan (chattel mortgage), hire purchase or finance lease here and term loan for BetterBusiness Loan; loan amount is from $20K here and from $10K for BetterBusiness Loan; term is published for BetterBusiness Loan (up to 30 yrs) but not for this product; security is asset-backed here and varies for BetterBusiness Loan.
  • Business Green Loan: Structure is equipment loan (chattel mortgage), hire purchase or finance lease here and term loan for Business Green Loan; loan amount is from $20K here and from $10K for Business Green Loan; Commonwealth Bank publishes security (asset-backed) for this product but not for Business Green Loan; Commonwealth Bank publishes time trading (12+ months trading) for this product but not for Business Green Loan.
  • Business Overdraft: Structure is equipment loan (chattel mortgage), hire purchase or finance lease here and overdraft for Business Overdraft; loan amount is from $20K here and from $2K for Business Overdraft; security is asset-backed here and varies for Business Overdraft; Commonwealth Bank publishes time trading (12+ months trading) for this product but not for Business Overdraft.

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Repayments
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Trading
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Source dated 1 Oct 2026
Details for Commonwealth Bank Agri Green Loan

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Term loan for eligible green assets and projects such as renewable energy and electric vehicles, written as a BetterBusiness Loan or Market Rate Loan.

Amount
From $10K
Term
Not published
Security
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Rates and other criteria
Rate
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Repayments
Not published
Trading
Not published
Source dated 1 Oct 2026
Details for Commonwealth Bank Business Green Loan

Business Overdraft

Business overdraft with unsecured limits up to $250,000 or property-secured limits from $2,000, with interest charged on the amount used.

Amount
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Term
Not published
Security
Varies
Rates and other criteria
Rate
From 8.75% p.a. variable
Repayments
Not published
Trading
Not published
Source dated 25 Sept 2026
Details for Commonwealth Bank Business Overdraft

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