Angle Asset Finance Review: Navigating Your Business Equipment Options

Quick Answer

Angle Asset Finance (often referred to as Angle Finance) is a specialist Australian non-bank lender providing flexible equipment and vehicle finance solutions to businesses. They offer various finance structures, including chattel mortgages and commercial hire purchase, catering to a range of business profiles, from established SMEs to newer operators, often considering scenarios traditional banks might decline. While Angle Asset Finance provides direct lending, businesses can also access and compare their offerings alongside over 100 other lenders through modern comparison platforms like Loan Phone. This enables a comprehensive view of indicative rates, terms, and eligibility, simplifying the process of securing competitive angle asset finance for essential business assets in 2026, with settlements possible within 24-48 hours for straightforward applications (subject to lender and circumstances).

Rates are indicative examples only. Actual rates depend on individual circumstances, lender assessment, and current market conditions.

Introduction: Understanding Angle Asset Finance in Australia

In the dynamic landscape of Australian business, access to capital for essential equipment and vehicles is critical for growth and operational efficiency. While major banks like CBA, NAB, and Westpac are often the first port of call, specialist non-bank lenders play an increasingly vital role, particularly for businesses seeking more flexible solutions or those with unique financial profiles. One such significant player is Angle Asset Finance, a dedicated provider of angle asset finance solutions across various industries.

This comprehensive review aims to provide Australian business owners with an insightful look into Angle Asset Finance. We’ll explore their product offerings, typical eligibility requirements, and how their services fit into the broader equipment finance market in 2026. More importantly, we’ll illustrate how platforms like Loan Phone empower you to compare Angle Finance’s solutions alongside a vast network of other lenders, ensuring you secure the most competitive and suitable financing for your business needs.

What is Angle Asset Finance?

Angle Asset Finance, commonly known as Angle Finance, operates as a non-bank lender specialising in providing secured finance for commercial assets across Australia. Unlike traditional banks that offer a broad spectrum of financial products, Angle Finance focuses primarily on asset finance, allowing them to develop deep expertise and often more flexible lending criteria within this niche.

Their approach is often characterised by a willingness to consider a wider range of business types and asset classes, including scenarios that might fall outside the strict parameters of major bank lending policies. This positions Angle Finance as a valuable option for small to medium-sized enterprises (SMEs), new businesses, or those with specific operational requirements. They aim to provide tailored solutions, understanding that every business has unique challenges and growth opportunities.

Finance Products Offered by Angle Finance

Angle Finance typically provides common secured asset finance structures that allow businesses to acquire essential equipment, vehicles, and machinery without upfront capital expenditure. The primary products you’ll typically find include:

Chattel Mortgage

A chattel mortgage is a popular form of angle asset finance where the business takes immediate ownership of the asset, and the lender (Angle Finance, in this case) takes a mortgage over the asset as security for the loan. This structure is widely favoured by Australian businesses due to its potential tax benefits.

1. Ownership The business owns the asset from day one.

2. Tax Implications Businesses may be able to claim depreciation, interest on the loan, and the full GST input tax credit upfront (subject to individual circumstances). Important: Tax benefits depend entirely on your individual business structure, circumstances, and how you use the asset. The information below is general in nature only. Always seek independent advice from a qualified tax professional or accountant before making any financing decisions.

3. Flexibility Often allows for flexible loan terms, balloon payments (where a lump sum is paid at the end of the loan term to reduce monthly repayments), and various repayment schedules.

• Learn more about Chattel Mortgage Guide and Understanding Balloon Payments.

Commercial Hire Purchase (CHP)

With a Commercial Hire Purchase (CHP) agreement, Angle Finance purchases the asset on behalf of the business, and the business hires it from Angle over a set term. Upon the final payment, ownership of the asset transfers to the business.

1. Ownership The lender retains ownership until the final payment is made.

2. Tax Implications Businesses can typically claim depreciation and interest as tax deductions. GST is generally paid on the purchase price of the asset, and businesses can claim input tax credits (subject to individual circumstances and ATO guidelines).

• Explore Commercial Hire Purchase options.

3. Structure Similar to a chattel mortgage, CHP can also incorporate balloon payments to lower regular instalments.

Other Potential Offerings

While chattel mortgages and commercial hire purchase are their core offerings, specialist lenders like Angle Finance may also consider solutions for specific asset types or business needs. It’s always best to discuss your particular requirements to see if they can accommodate a finance lease or other tailored options, though these are less common for non-bank lenders.

Typical Eligibility Criteria for Angle Finance

Like all lenders, Angle Finance has specific criteria to assess a business’s creditworthiness and ability to repay a loan. While they are known for flexibility, general guidelines apply. Eligibility criteria may vary by industry, loan amount, and asset type.

Business Age and Structure

• Established Businesses: Businesses with a solid trading history (typically 2+ years) and proven revenue streams are generally viewed favourably.
• Newer Businesses: Angle Finance is often more accommodating than major banks for businesses with less than 2 years of trading history, sometimes requiring a minimum of 6-12 months. This is a key differentiator for non-bank lenders offering self-employed business loans.
• Structure: They typically lend to various Australian business structures, including sole traders, partnerships, companies, and trusts.

Credit History

• Good Credit: A clean credit history is always beneficial for securing the best rates and terms. For tips on improving your standing, see our guide on how to improve your credit score.
• Imperfect Credit: Angle Finance may consider applications from businesses with minor credit impairments, provided there’s a reasonable explanation and strong mitigating factors. This is where their specialist approach can be an advantage.

Asset Type and Use

• Commercial Assets: Finance is generally available for a wide range of revenue-generating commercial assets, including:
  • Commercial vehicles (trucks, vans, utes, trailers) - see Heavy Vehicle Finance or Commercial Vehicle Finance
  • Construction equipment (excavators, loaders, dozers) - learn about Construction Equipment Finance or Excavator Finance Australia
  • Manufacturing machinery - explore Manufacturing Equipment Finance
  • Agricultural equipment - e.g., Farm Equipment Finance
  • Specialist medical equipment - e.g., Medical Equipment Finance or Healthcare Practice Equipment Finance
• Asset Age/Condition: While they finance both new and used equipment, older or highly specialised assets may require additional assessment or specific valuations.
• Business Use: The asset must be primarily for business use (typically 51% or more). SMSF is NOT applicable for asset finance.

Financial Documentation

Documentation requirements for angle asset finance will vary based on the loan amount, business age, and financial strength. Typically, you might need:

• For established businesses: Recent financial statements (profit & loss, balance sheet), tax returns, and bank statements.
• For newer or low-doc businesses: Depending on the loan size, they may offer low-doc options requiring fewer financial documents, often relying on bank statements and an ABN. Explore Low-Doc Asset Finance or Low-Doc Business Equipment Loans for more details.
• Identification: ABN, company details, director’s ID.

Indicative Rates and Fees with Angle Finance

Understanding the costs associated with angle asset finance is crucial. While Angle Finance does not publicly publish its specific rates, like many specialist lenders, their rates are typically tailored to each application based on risk assessment.

Rates are indicative examples only. Actual rates depend on individual circumstances, lender assessment, and current market conditions. They are not published publicly and require individual quoting.

Factors influencing rates include:

• Business Credit Score: A stronger credit profile generally leads to lower rates.
• Business Trading History: Established businesses often secure more favourable terms.
• Asset Type and Age: Newer, more liquid assets may attract lower rates.
• Loan Term and Amount: Longer terms or smaller loans can sometimes have different rate structures.
• Deposit: While 100% finance is possible, a deposit can sometimes reduce perceived risk and potentially secure a better rate.

Fees: Expect standard finance fees such as establishment fees, administration fees, and potentially early repayment fees. These will be clearly outlined in your loan agreement.

The Angle Finance Application Process

While specific steps can vary, the general process for securing angle asset finance through a specialist lender like Angle Finance typically involves:

1. Initial Enquiry Contacting Angle Finance directly or, more efficiently, using a comparison platform like Loan Phone to submit your details and finance requirements.

2. Information Gathering Providing necessary business and financial documentation. This may include recent bank statements, ABN, director’s ID, and details of the asset you wish to finance.

3. Credit Assessment Angle Finance reviews your application, assessing your business’s financial health, credit history, and the suitability of the asset.

4. Offer and Approval If approved, you’ll receive a loan offer outlining the rates, terms, fees, and repayment schedule.

5. Documentation & Settlement Once you accept the offer, final documentation is completed, and funds are disbursed to the vendor to purchase the asset.

While each lender has different timeframes and your circumstances will vary, our streamlined system at Loan Phone allows you to get approved on an apples-for-apples basis much quicker than any other broker or direct bank option. Initial credit decisions for straightforward applications may be provided within 24-48 hours, though this refers to the approval decision itself. Complete settlement timeframes vary based on documentation execution speed and vendor coordination.

Benefits of Choosing a Specialist Lender like Angle Finance

Choosing a specialist non-bank lender like Angle Finance for your angle asset finance needs can offer several distinct advantages:

• Flexibility: They are often more flexible than traditional banks regarding eligibility criteria, asset types, and loan structures. This is particularly beneficial for newer businesses, those with complex financials, or unique asset requirements.
• Niche Expertise: Their focus on asset finance means they have a deeper understanding of various industries and equipment types, which can lead to more tailored solutions.
• Speed: Non-bank lenders often have more streamlined approval processes, potentially offering faster turnaround times compared to major banks, especially for straightforward applications.
• Personalised Service: You may experience a more personalised approach, with a dedicated contact who understands your business needs.
• Broader Acceptance: They may consider applications from businesses that traditional banks might decline due to specific risk profiles or limited trading history. This makes them a great option for ABN holder loans.

Challenges and Considerations

While there are many benefits, it’s also important to consider potential challenges when engaging with a specialist lender for angle asset finance:

• Potentially Higher Rates: Due to their willingness to take on slightly higher risk profiles or offer greater flexibility, rates from specialist lenders can sometimes be higher than the absolute lowest rates offered by major banks to their prime customers. However, this is not always the case, and the value of flexibility can outweigh a marginal rate difference.
• Less Brand Recognition: As a non-bank lender, Angle Finance may not have the same level of brand recognition as the ‘big four’ banks, which some businesses might initially find less familiar.
• Limited Product Range: Their specialisation means they typically only offer asset finance, not a full suite of business banking products.
• Specific Niche: While flexibility is a strength, if your business falls outside their specific lending appetite, they may not be able to assist.

Comparing Angle Asset Finance with Major Banks and Other Lenders

When seeking angle asset finance, it’s crucial to understand how specialist lenders compare to major banks and the broader market.

This comparison highlights why exploring options beyond the major banks, and specifically considering providers like Angle Finance, is essential. They fill a crucial gap in the market, providing viable solutions where traditional institutions might fall short. However, the key is to compare to ensure you’re getting the best deal. For a broader view, consider guides on equipment finance options Australia.

How Loan Phone Helps You Compare Angle Finance Options

Navigating the multitude of finance options, including specialist lenders like Angle Finance, can be complex and time-consuming for busy business owners. This is where a finance broker or comparison platform like Loan Phone becomes invaluable.

1. Access to a Broad Panel: Loan Phone partners with over 100+ lenders, including Angle Finance, major banks, and other specialist providers. This means you gain access to a wide range of options through a single application. 2. Expertise and Guidance: Our team of experienced finance brokers understands the nuances of various lenders’ criteria and product offerings. We can quickly identify if Angle Finance, or another specialist, is the right fit for your unique business situation and the asset you wish to acquire. 3. Tailored Comparisons: Instead of you approaching multiple lenders individually, Loan Phone does the legwork. We present you with tailored comparisons, breaking down indicative rates, fees, and terms from different lenders, including Angle Finance, in an easy-to-understand format. This ensures you can make an informed decision based on a comprehensive market view. 4. Streamlined Application: We simplify the application process, helping you compile necessary documentation and submitting it efficiently to suitable lenders. This saves you time and reduces potential errors. 5. Best Possible Outcome: Our goal is to secure the most competitive rates and terms for your asset finance needs, considering your business profile and goals. Using our service has no impact on your credit score, allowing you to explore options with confidence. Learn more about why use a finance broker.

Example: Financing a Commercial Vehicle with Angle Finance

Let’s consider an example of a small transport business, “Speedy Deliveries Pty Ltd,” looking to finance a new delivery van worth $60,000. Speedy Deliveries has been operating for 18 months and has a solid but not extensive financial history.

This example is for illustrative purposes only.

Speedy Deliveries approached Loan Phone, seeking competitive transport business vehicle finance. Given their 18-month trading history, major banks were hesitant without more extensive financials. Loan Phone was able to present several options, including a competitive chattel mortgage from Angle Finance. The flexibility of Angle Finance’s criteria for newer businesses made this a viable and efficient solution, enabling Speedy Deliveries to acquire the essential asset they needed for growth.

Frequently Asked Questions

Get Tailored Asset Finance for Your Business

Angle Asset Finance represents a valuable option within the Australian equipment finance landscape, offering specialist solutions for businesses seeking flexibility beyond traditional banking. Their focus on asset finance, coupled with adaptable lending criteria, makes them a strong contender for various business profiles and asset acquisition needs.

However, the key to securing the best possible outcome is not just understanding a single lender, but comparing across the entire market. By partnering with a finance broker like Loan Phone, you gain the advantage of a comprehensive comparison, expert guidance, and a streamlined process. This ensures that whether Angle Finance is the perfect fit or another lender offers a more competitive solution, you’ll make an informed decision that supports your business’s growth and operational efficiency.

Speak with Specialists

Need expert guidance on your asset finance application? Email: loans@loanphone.com.au Website: www.loanphone.com.au

Related Resources

Loan Phone www.loanphone.com.au | loans@loanphone.com.au

Last updated: 2026-02-07