---
title: "Finance Lease — CommBank"
description: "Leases from CommBank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/commbank/products/26742bc1e80f4dc9a5b6e9fde807fe64
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-28T02:15:28.000Z
---

# Finance Lease — CommBank

> Leases from CommBank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Leases · Negotiable rates**

Business car and equipment finance.

## At a glance

- **From (investment):** 8.29% (Fixed)

## Apply

Applications are handled by the provider: [Apply at CommBank](https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html)

## Interest rates

### Investment — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 1 year (Rate shown is indicative, current as at the time of publishing and is dependent on but not limited to the term of the finance, amount financed, suitability of the financed asset and credit assessment of the applicant. Fees, charges & Terms and Conditions apply.) | 8.29% | — | Term 0–12 months |

### Other — Any repayment type

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Discount | 1% | — | Term 0–12 months |

### Other — Other

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Penalty | 3% | — | Term 0–12 months |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Master Agreement Drawdown Fee — Fee charged for drawdowns on master agreement limits. | Upfront | $395.00 |
| Specialised Transaction Fee — Fee charged per asset for buyback, private sale or refinancing from another financial institution. | Upfront | $125.00 |
| Progressive Loan Establishment Fee — Fee charged to establish and rollover a progressive facility. | Upfront | $990.00 |
| Variation Fee — Fee charged to process any facility variations, asset releases and/or transaction restructures (other than for Deceased Estates) | Event | $544.50 |
| Early Termination Administration Fee — Fee charged to process the termination of a contract before the contractual termination date. | Exit | $654.50 |
| Early Repayment Adjustment Fee — Fee charged when a customer repays prior to scheduled maturity (irrespective of the circumstances causing the early repayment) and the Bank makes a loss due to the pre- payment. | Variation | Variable |
| End of Term Refinance Fee — Fee charged to refinance or roll-over the residual value under a facility. | Event | $544.50 |
| Standard Documentation Fee — Fee charged to establish a facility. | Upfront | $595.00 |

## Features

- **Get Faster Approval: It's easier to upgrade or replace financed assets if you have 12 months of good repayment history.**
- **Flexible Loan Structure: Customise the loan and repayments to your business needs.**
- **Quick and easy: Get a fast quote over the phone or online. Sign your agreement online to avoid paperwork delays.**
- **No Extra Security: The financed asset serves as the loan security, so your asset equity and lines of credit can be used for other business purposes.**

## Eligibility

- **Business customers** (Financing equipment that will be used by a business (mostly or entirely for business purposes))
- **Business customers** (You can apply if your business: Has been trading for more than 12 months)
- **Business customers** (You can apply if your business: Has a good credit rating)
- **Business customers** (You can apply if your business: Isn't going through the process of bankruptcy)
- **Business customers** (You can apply if your business: Has a current ABN)
- **Minimum age** — 18 years (Aged 18 years or over)
- **An individual, sole trader, sole owner of your company or someone authorised to apply for finance and credit for a business**
- **Eligible to work in Australia**

## Constraints

- **Minimum limit** — $20,000.00 (20000 minimum amount.)

## More information from CommBank

- [Overview](https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html)
- [Terms & conditions](https://www.commbank.com.au/content/dam/commbank-assets/business/loans-finance/docs/current-tcs-asset-finance.pdf)
- [Eligibility](https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html)
- [Fees & pricing](https://www2.my.commbank.com.au/netbank/container/ESD/AssetFinance.Quote/ContainerLaunch)

## Data provenance

- Published by CommBank under the Consumer Data Right
- Product ID: `26742bc1e80f4dc9a5b6e9fde807fe64`
- Last updated by the provider: 28 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/commbank/26742bc1e80f4dc9a5b6e9fde807fe64
- Provider page: https://www.cdrcompare.au/brands/commbank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000008

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/commbank/products/26742bc1e80f4dc9a5b6e9fde807fe64) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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