Equipment & asset finance
Finance plant, machinery, vehicles and heavy equipment.
Keep your working capital working.
Asset finance up to $5M* through our lending network. New operators can finance from day one against a signed work contract. No years of trading required.
*Subject to lender credit criteria.
Get a quote
2 minutes · Soft check only · Free
*Subject to lender credit criteria.
Asset categories
What you can finance
From a single ute to a yard full of prime movers, our lending network covers virtually every category of business equipment.
Transport
Trucks, prime movers, trailers, tippers, vans
Civil & construction
Excavators, loaders, bobcats, dozers, graders, cranes, telehandlers, attachments
Forklifts & materials handling
Forklifts, pallet jacks, reach trucks, conveyor systems
Agricultural
Tractors, harvesters, sprayers, irrigation equipment
Medical
Dental chairs, imaging equipment, surgical instruments, practice fit-outs
Hospitality
Commercial kitchens, refrigeration, coffee machines, fit-outs
Manufacturing
CNC machines, presses, lathes, packaging lines, robotics
IT & technology
Servers, networking, POS systems, fleet tracking, AV equipment
New & used
Both new and used equipment financed
Buying new from a dealer is straightforward. So is a well-kept used machine bought privately, which surprises a lot of operators who assume finance needs a dealer invoice. It doesn't.
Used gear may carry a slight rate loading over new. That reflects the lender's read of residual risk and the asset's remaining working life, which is also why an older machine tends to get a shorter term. For higher-value used assets, expect an independent valuation to confirm market value. Private sales are fine with most lenders in our network.
New equipment
Standard rates, no valuation typically required. Vendor direct payment available.
Used/second-hand
Available from most lenders. Rate loading may apply. Independent valuation required for higher-value assets.
Private sales
Accommodated by most lenders. Valuation and inspection may be required depending on asset value.
The differentiator
Finance from day one
New operators don't need two years of books to get on the road or on-site. If you hold a signed work-source letter or contract confirming ongoing work, lenders in our network can finance the equipment against that. It's a real edge for anyone starting out, and it's rarely advertised.
This is how a lot of owner-operators in transport and civil get going: a confirmed contract, a deposit, and a lender who knows the industry well enough to back the work rather than the trading history.
Indicative new-operator requirements*
Signed work-source letter or contract confirming ongoing work
No full financials required up to certain limits
Deposit of 10–20% typically applies on new-start or larger deals
Lenders may want evidence of funds to cover early running costs
Active ABN and relevant licences for the equipment category
*Subject to individual lender credit criteria. Requirements vary by lender and deal size.
Finance structures
Types of equipment finance
Each structure changes who owns the asset, when you claim the GST, and how the repayments are treated at tax time. A chattel mortgage puts the asset on your books and the GST credit back in your next BAS, which suits an owner-operator who wants the cash back sooner. A lease keeps it off the balance sheet. A balloon lowers the monthly repayment now and leaves a lump sum at the end of the term, so plan for that final payment. Which one fits depends on your tax position. Ask your accountant before you sign.
Chattel mortgage
You own the asset from day one. The lender takes a security interest. You claim depreciation and interest as tax deductions.
Hire purchase
You use the asset while making payments. Ownership transfers to you at the end of the agreement. Interest and depreciation are generally deductible.
Finance lease
The lender owns the asset. You lease it for a fixed term and may purchase it at the end via a residual/balloon. Lease payments are typically deductible as an operating expense.
Rent-to-own
Fixed-term rental with ownership transferring at the end. Useful for newer businesses building equity in an asset over time.
Eligibility
What you need to apply
Equipment finance eligibility is assessed by each lender based on your business profile and the asset being financed. Below are typical requirements across our lending network.
*Subject to lender credit criteria.
Process
How it works
Tell us what you need
Complete our short form with basic details about your business and the equipment you want to finance. Only a soft credit check at this stage.
We match you to a lender
Your enquiry is assessed and matched to specialist equipment finance lenders in our network based on the asset type, your profile, and deal size.
Receive your options
A specialist contacts you, typically the same business day, with available structures and indicative terms.
Settle and collect
Once you accept an offer and provide the required documentation, funds are paid directly to the vendor or into your account within 24–48 hours.
Calculator
Equipment finance calculator
Estimate monthly repayments on plant, machinery and vehicles. Adjust the amount, term, rate and balloon to model different structures, then apply for an exact quote.
Terms run from 1 to 7 years, structured to the asset’s useful life. A balloon or residual can reduce the monthly repayment. Adjust it to model different structures.
Indicative only. Actual repayments depend on the lender, the asset, and your business profile.
Repayment estimator
What will my asset finance cost?
Indicative only. Rate ranges reflect the published range across our partner’s lender panel and are not an offer. Actual rates depend on the lender, the asset, and your business profile.
FAQ
Common questions
Everything you need to know about equipment finance through our network. Can't find your answer? Apply and a specialist will help directly.
Get a quote →How much can I finance?
Equipment finance is available up to $5M through our lending network, subject to lender credit criteria. The amount depends on the asset value, your business profile, and the lender's assessment of serviceability.
Can I finance used or second-hand equipment?
Yes. Most lenders in our network finance both new and used equipment, including private sales. Used equipment may carry a slight rate loading and the lender may require an independent valuation to confirm market value.
Can I get equipment finance as a new operator or startup?
Yes. Many lenders in our network will finance equipment for new operators who have a signed work-source letter or contract confirming ongoing work. A deposit of 10–20% typically applies, and lenders may want evidence of funds to cover early running costs. Subject to individual lender credit criteria.
Do I need a deposit?
For established businesses with strong trading history, many lenders offer no-deposit facilities. For new operators or larger purchases, a deposit of 10–20% is common. This varies by lender and deal structure.
What documents do I need?
For established businesses: typically 3–6 months of business bank statements and an invoice or quote for the equipment. For new operators: a signed work contract or letter of engagement, proof of funds for early operating costs, and identification. No full financials are required up to certain limits.
What is the difference between chattel mortgage and finance lease?
With a chattel mortgage, you own the asset and claim depreciation. With a finance lease, the lender owns it and you claim lease payments as an expense. The best structure depends on your tax position. Speak to your accountant.
How long are equipment finance terms?
Terms are structured to match the asset's useful life, commonly 3 to 7 years. A truck might be financed over 5 years, while IT equipment might be 3 years. Subject to lender credit criteria.
How fast can I get approved?
Same-day decisions are standard for straightforward applications through our lending network. Funds or direct vendor payment typically occurs within 24–48 hours of approval. Subject to lender credit criteria.
Ready to finance?
Get your equipment working before it's paid off
Two-minute application. Soft credit check only, no impact on your score. A specialist will be in touch, usually the same day.
UP TO $5M*
SAME-DAY DECISIONS*
NEW OPERATORS OK
*Subject to lender credit criteria.