leasing

We offer tailored Finance Lease and Chattel Mortgage solutions to finance vehicles, machinery and some types of equipment (subject to eligibility) for growing Indigenous businesses

What can you lease?

Most non-specialised plant, equipment, machinery or vehicles necessary to operate your business can be leased. Assets can be new or used, and, if second-hand, they need to be acquired from a registered dealer and be no older than three years old.

Why lease?

• Leasing conserves cash for other business needs.
• Competitive interest rates depending on IBA’s risk assessment.
• Fixed payments for the term of lease.

Leasing features

• IBA specialises in remote leasing - minimal end of lease penalties.
• Obligation free quote.
• Payments may be tax deductible.
• Flexibility of lease terms and end of lease options.

Why use IBA?

• Customer focused: from big idea through to making it happen, we can provide the right mix of products and services.
• Culturally aware: we’re invested together alongside Aboriginal and Torres Strait Islander peoples.
• We reinvest profits to further support Indigenous outcomes.

How to apply

Please contact us for a quote with detail of the asset and the term you are looking to lease for. If you agree to our quote ,we will send you an application form to enable IBA to conduct a credit assessment.

All applications subject to IBA credit approval.

Email us on assetsforlease@iba.gov.au to find out more.