Vehicle and equipment finance

Whether you're an individual looking for a new set of wheels, or a business looking to purchase a new asset, ProMortgage can get you there. Our Financiers offer a full range of financial options for vehicle and equipment finance as well as the extras you need, including car buying advice, insurance and pre-approval for commercial customers.

Why Lease?
Leasing is a simple, cost effective way for you or your business to invest in critical assets, it is best used when:

  • a tax deductible solution is desired
  • avoiding upfront capital expenditure is important
  • bundled servicing and disposal is being considered
  • access to a non-traditional funding channel is important

Consumer Motor Vehicle Finance

  • Car loans for everyday people
  • You select the contract term (from 24 to 60 months) so you can tailor the monthly repayments to suit your needs.
  • Payments are also fixed during the period of the contract.
  • You can elect to have a final payment (residual or balloon) on the contract, or you can choose a contract without a final payment and enjoy full ownership of your vehicle at contract end.

Chattel Mortgage

A Chattel mortgage is very similar to a consumer loan except it is for business purposes. You still select the term of the loan, have fixed repayments and can elect to have a residual payment but the asset must be predominantly for business purposes.

Finance Lease

Designed for business looking to purchase a vehicle or income producing asset.
  • The financier Owns the asset and leases it to you
  • You return the asset at the end of the term or refinance any residual
  • Allows you to regularily update your equipment, vehicle or technology

Equipment Loan

An equipment loan provides full or part funding for vehicles or income producing assets for the your business.

  • You retain ownership of the asset however the bank takes a mortgage over it.
  • Interest terms can be negotiated with the funder.

Hire Purchase

Finance income producing assets and equipment, by renting them during the term of the loan and taking ownership on completion.
  • Potentially allows you to maximise tax benefits whilst maintaining eventual ownership.


Why ProMortgage

Finding the right product is just the first step. Whether you're starting out as a first home buyer, or a multi-million dollar developer, ProMortgage has a specialist to help you every step of the way. 

Quick Facts

  • Established 1999 in Canberra
  • Locally owned and operated
  • Have lodged loans in excess of 1 Billion dollars
  • Highly experienced staff
  • Winner of the PLAN Australia commercial brokerage of the Year for the ACT in 2014, 15 & 16
  • Nominated for PLAN brokerage of the year NSW / ACT for the last 10 years
  • Winner of the Australia Mortgage Association “Small Brokerage” of the Year (2006)
  • Our Brokers regularly recognised in the top 200 PLAN brokers in Australia