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Shift Business Equipment Line Loan

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Shift Business Equipment Line
Upfront Fee
No establishment fees
Max. Loan Amount
Loan Term
Up to 5 years


Access between $5,000 and $1,000,000 to purchase vital equipment for your business. No annual or establishment fees included.

3 things to consider about this loan:

  • Time in business. Any business at least 1 year old can apply for Shift’s equipment line.
  • Monthly repayments. Repay monthly over a term of up to 5 years. A 4 month repayment deferral exists for fitouts.
  • Fixed annual interest rate. Pay 13.95% per annum on funds of up to $1,000,000.


  • 4 month repayment deferral for fitouts
  • No age restrictions on equipment
  • No fees


  • Minimum spend of $2,000

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Product details

Product Name Shift Business Equipment Line
Min. Loan Amount $5,000
Max. Loan Amount $1,000,000
Loan Security Unsecured
Upfront Fee No establishment fees
Loan Term Up to 5 years

How does the Shift Business Equipment Line work?

By opening an equipment line account with Shift, you will have a limit of up to $1,000,000 to be used across new or second-hand equipment over $2,000 at any time. Using the Shift app or website, you can upload any equipment or fitout invoice and Shift will pay the merchant the next business day.

You can repay the cost of the equipment monthly over a term of up to 5 years. If you’re using the funds in the account for a fitout, you can also benefit from deferred repayments by up to 4 months.

What can this account be used for?

Using Shift’s equipment line, you can buy any type of commercial equipment, including technology, commercial kitchen equipment and building equipment. You can also pay for office or industrial fitouts and refurbishments.

The funds can be used for as many equipment or fitout purchases as needed, with any supplier or merchant up to the account limit.

How to apply:

Apply for a Shift equipment line by clicking on the ‘Go to Site’ button below and filling out the simple online application form. You’ll need the following information at hand while applying:

  • A valid ABN with more than 2 years trading history
  • Personal details such as mobile number and drivers’ licence or passport
  • Business bank account details


  • Varied credit amounts. You can apply for equipment finance from as little as $5,000 to $1,000,000. The limit of your equipment line account will be assessed based on the size or turnover of your business.
  • Quick application. The application can be completed online in less than 5 minutes.
  • Fast funding. Limits under $250k can be approved within hours with no paperwork. If approved, you can access the funds the next day.
  • No early repayment fees. You won’t face any additional fees if you decide to repay early.
  • No restrictions. Use the funds to buy new or second hand equipment.
  • Deferred repayments. If you use the account to fund a fitout, you benefit from 4 months of deferred repayments.

How much does the Shift Business Equipment Line cost?

  • You’ll pay a 13.95% fixed annual percentage rate.
  • There are no annual fees or establishment fees.
  • In the event of a failed direct debit, you’ll pay $5
  • Default interest of 5% p.a. is chargeable on the outstanding principal

Eligibility criteria:

To be eligible for this product you must be

  • Over the age of 18
  • Have a valid ABN
  • Have 2 or more years of trading history

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