Equipment and asset finance for business Equipment and asset finance for your business
Vehicles, machinery, tools, fit-outs and technology. We help small businesses finance the equipment they need, compare the structures and keep the paperwork moving.
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Who this suits
- Tradies and contractors buying vehicles and tools
- Businesses buying machinery or specialist equipment
- Medical, dental and allied health practices fitting out rooms
- Newer businesses with a shorter trading history
How it works
- What you're buyingThe asset, the supplier and how it fits your business.
- Choose the structureA chattel mortgage, a lease or a loan. Each treats ownership differently, so check the tax side with your accountant.
- Compare lendersRates, terms, balloons and how much trading history each lender needs.
- Settle with the supplierWe work with the supplier so you can take delivery.
Things worth knowing
The asset is usually the security
That often means a lower rate than unsecured business lending.
Newer businesses have options
Some lenders accept a shorter trading history, sometimes with a larger deposit or a lower loan amount.
Tax treatment depends on the structure
Whether you can claim depreciation, interest or GST credits depends on the structure. Ask your accountant before you sign.
Balloons lower repayments
But they leave a lump sum at the end of the term, so plan for it.
Documents you'll usually need
- ABN details and how long you've been trading
- Recent BAS or business financials
- Business bank statements
- The supplier's quote or tax invoice
- Photo ID for directors
We'll confirm exactly what your lender needs, so you don't gather anything twice.
Calculators for this
Questions
What is a chattel mortgage?
A loan where your business owns the asset from the start, and the lender holds it as security until the loan is repaid.
Can a new business get equipment finance?
Often, yes. Some lenders accept less than two years of trading history, sometimes with a larger deposit.
Can I claim equipment finance costs?
Often, but it depends on the structure and your business. Your accountant can tell you how it applies to you.
General information only. It doesn't consider your objectives, financial situation or needs. Lending criteria, fees and charges apply.
Ready when you are.
Book a 20-minute call. We'll listen first, explain your options in plain English, and tell you what we'd do next.