Equipment Finances
Finance vehicles, machinery and tech, with the asset as security.
Equipment finance lets Australian businesses buy vehicles, machinery, tools or technology and repay over time, with the equipment itself as security. Rates start from around 7.9% p.a., terms run up to 5 years, and repayments may be tax-deductible — check with your accountant.
Features
- The asset is the security
- New and used equipment
- Balloon payment options
- Keeps working capital free
Best for
- Trucks, utes and vehicles
- Construction and farm machinery
- Medical and hospitality equipment
- IT hardware
What you'll need
- Active ABN
- Supplier quote or invoice
- Business bank statements
Equipment Finance FAQs
Can I finance used equipment?
Yes. Most lenders on our panel finance both new and used equipment from dealers and private sellers.
Equipment finance vs a business loan?
Equipment finance is usually cheaper because the asset secures the loan. A business loan is more flexible if you need funds for more than just the equipment.
See what you could borrow
Four minutes. No credit check. A real specialist calls you within hours.
- No credit check to start
- Decisions within hours
- No obligation