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Technology Leasing

We’ve partnered with equigroup to make it easier for your business to lease a technology solution.

Benefits at a glance

  • Access to market-leading technology leasing services
  • Get a leasing solution tailored to your business’ needs
  • Great combination of competitive finance and high tech systems
  • You’re in control of the procurement of assets

Is it right for my business?

Technology leasing could suit any business looking for an alternative to purchasing technology.

Leasing can make managing your cash flow easier with a fixed monthly payment that's tax deductible. You also eliminate equipment depreciation because at the end of the lease you can simply return it.

If technology leasing isn’t right for your business, you might consider Asset Finance or a Revolving Credit Facility.

How it works

Procuring technology assets is a challenge for many businesses. They can be big ticket items that depreciate quickly and need regular updating. Leasing can be a cost effective alternative to outright ownership.

A better way to lease technology

To make leasing technology a better experience for you we’ve partnered with equigroup, who are one of Australasia's most experienced providers of managed IT leasing programmes. By combining our lease finance facilities with equigroup's asset acquisition and management services, you get the ideal combination of competitive finance and leading-edge systems.

Procure and set up leading technology

Equigroup will work with you to customise and implement a solution that fits your needs. Their quality systems and processes are flexible, easy to use, and ISO 9001 certified. You remain in control of the asset procurement and the in-house asset and lease management systems can interface with your IT and financial systems.

You decide what happens at lease end

ASB takes an equity position in the residual value of the leased assets on your behalf. Because you do not own the equipment, you are not responsible for disposing of it at the end of the lease, it's all taken care of by ASB and equigroup. At the end of the lease, you can either:

  • return the equipment with no further obligation,
  • apply to extend the lease with the existing equipment,
  • or upgrade to new equipment.

We go the extra mile for you

As well as competitive wholesale funding, ASB and equigroup offer complementary activities such as collection, asset management and audit services.

Next steps

Contact David Crozier, Business Development Consultant, to discuss how equigroup can help your business.

ASB's lending criteria and terms apply.

Commercial and corporate banking Technology Leasing