{
  "source": "https://digital-api.stgeorge.com.au/cds-au/v1/banking/products/STGEFFinanceLease",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "STGEFFinanceLease",
    "lastUpdated": "2026-05-25T00:00:00Z",
    "productCategory": "LEASES",
    "name": "Finance Lease",
    "description": "A Finance Lease is a tax effective method of acquiring eligible new or used vehicles or equipment for business use without tying up working capital. The Bank makes the purchase and rents it to the borrower for the agreed term",
    "brand": "St. George Bank",
    "applicationUri": "https://eforms.stgeorge.com.au/olfmu/eforms/UberForm/#/welcome/VehicleAndEquipmentFinance",
    "isTailored": false,
    "additionalInformation": {
      "overviewUri": "https://www.stgeorge.com.au/business/business-loans/vehicle-equipment-finance/lease",
      "termsUri": "https://www.stgeorge.com.au/business/business-loans/vehicle-equipment-finance/lease",
      "eligibilityUri": "https://www.stgeorge.com.au/business/business-loans/vehicle-equipment-finance/lease",
      "feesAndPricingUri": "https://www.stgeorge.com.au/content/dam/stg/downloads/business/fees_sgb.pdf"
    },
    "features": [
      {
        "featureType": "OTHER",
        "additionalInfo": "Flexible repayment terms are available for the product"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "With Finance lease we purchase the asset at your request and rent it to you for an agreed period."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "With respect to ownership we own the asset and you rent it from us."
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Potential tax benefits : Rental payments are generally tax deductible."
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_LIMIT",
        "additionalValue": "15000.00"
      },
      {
        "constraintType": "OTHER",
        "additionalInfo": "Minimum term of 1 year and Maximum term of 7 years "
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "Your business has a valid Australian Business Number (ABN) and is registered for GST."
      },
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "You intend to use the asset mostly for business use."
      }
    ],
    "fees": [
      {
        "name": "Establishment Fee - EF",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "500.00"
        },
        "additionalInfo": "Charged to cover the costs of originating your Goods Loan, Hire Purchase or Lease and payable by you on or before the settlement date."
      },
      {
        "name": "Asset Inspection Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "150.00"
        },
        "additionalInfo": "Applies where we, or one of our agents is required to inspect the Equipment being financed. This fee is payable on or before the settlement date. Note: Sometimes we may require an agent to inspect the goods on our behalf - where this amount differs we will advise you via the Details."
      },
      {
        "name": "Legal Fees for Complex Documentation ",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Where we require external Lawyers to document some or all of your contract documentation, we will advise you of this fee before proceeding. It will be payable on or before the settlement date"
      },
      {
        "name": "Early Termination Fee",
        "feeType": "EXIT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Applicable when you terminate your Goods Loan, Lease or Hire Purchase early and is charged at an amount equivalent to three monthly payments. We work this out by adding up the total repayments, dividing this by the number of months in the term and multiplying this by 3."
      },
      {
        "name": "Break Costs",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Refer to your Goods Loan, Lease or Hire Purchase Details and the Auto & Equipment Finance General Terms you were provided with for an overview of how this fee is calculated. Break costs are not a fixed amount and are determined by a number of factors specific to your product."
      },
      {
        "name": "Overdue interest (Default / Penalty Interest)",
        "feeType": "EVENT",
        "feeMethodUType": "rateBased",
        "rateBased": {
          "rateType": "INTEREST_ACCRUED",
          "rate": "0.00",
          "accrualFrequency": "P1Y"
        },
        "additionalInfo": "This charge applies on overdue amount from the time it?s due until it?s paid"
      },
      {
        "name": "Personal Property Security Fees",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Personal Property Security Fees apply when search and registration fees are applicable. Where charged individually, these will be itemised on your Details and for the current costs, please refer to the PPS Registrar?s website which can be  accessed at below link",
        "additionalInfoUri": "https://www.ppsr.gov.au/fees"
      },
      {
        "name": "Aircraft - International Registration",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "750.00"
        },
        "currency": "USD",
        "additionalInfo": "Applies for each registration of Security on the International Register and payable by you on or before the settlement date when this type of security is required for financed aircraft The AUD amount will be quoted to you as part of the settlement documentation where it applies. (I.e. Quote and Details)"
      },
      {
        "name": "Aircraft - International Deregistration",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "450.00"
        },
        "currency": "USD",
        "additionalInfo": "Applies each time we are required to remove a security registration from the International Register and payable by you on or before the date of removal. The AUD amount will be quoted to you before being charged."
      },
      {
        "name": "Aircraft - CASA Transfer of Ownership",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Applies each time there is/will be a transfer of ownership with the Civil Aviation Safety Authority (CASA) and payable by you on or before the date of transfer."
      },
      {
        "name": "Aircraft - RAA Transfer of Ownership ",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Applies each time there is/will be a transfer of ownership with the Recreational Aviation Authority (RAA) and payable by you on or before the date of transfer."
      },
      {
        "name": "Marine - Vessel Registration",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "additionalInfo": "Applies for each registration of a marine vessel with the Australian Maritime Safety Authority and payable by you on or before the settlement date when this type of security is required. More information is available at amsa.gov.au/vessels-operators/ship-registration/shipping-registration-fees"
      }
    ]
  }
}