Asset Finance

More than home loans

Are you a small business owner looking to expand? You may be looking to update office equipment or purchase new machinery or tools.

Your Smartline Adviser can help you secure a loan between $5,000 and $55,000 for “Small Ticket” items that you need today. They will work with you to ensure you secure a loan that suits your unique situation.

Typical items that qualify as Small Ticket Equipment include:

  • computer and office equipment
  • point-of-sale or vending machines
  • construction and commercial equipment
  • coffee machines
  • telephone systems/hardware
  • medical and dental equipment

To qualify for the “Small Ticket Light Doc Policy”, the criteria are as follows:

  • loan size between $5,000 and $55,000
  • held an ABN for more than two years and your business is registered for GST
  • homeowner/property owned with mortgage asset-backed in the borrowers name or spouse’s name
  • have a clear credit file
  • can provide a 20% deposit and an asset finance credit reference, if you don’t own your own home