How Our Equipment Finance Comparison Works
1. Tell Us About Your Equipment Needs
Share details about the equipment you need - type, cost, whether it’s new or used, and how it will be used in your business.
2. Get Matched With Equipment Finance Specialists
We connect you with brokers who understand equipment values, finance structures, and have relationships with specialist lenders.
3. Compare Finance Options
Review different structures including chattel mortgage, finance lease, and operating lease. Your broker will explain the pros and cons of each.
4. Secure Your Equipment
Once approved, your broker will coordinate with the supplier to ensure smooth delivery and settlement of your equipment.
Equipment Finance Structures
Chattel Mortgage
You own the equipment from day one. Make regular repayments and claim GST upfront. Option for balloon payment at the end.
Finance Lease
The financier owns the equipment during the lease. You make regular payments and can purchase, extend, or return at the end.
Operating Lease
Ideal for equipment that needs regular upgrades. The financier retains ownership and you lease for a set term.
Commercial Hire Purchase
Pay in installments and own the equipment once final payment is made. Good for 100% financing needs.
Types of Equipment We Finance
Manufacturing & Industrial
CNC machines, lathes, presses, welding equipment, assembly lines, and production machinery.
Construction & Earthmoving
Excavators, loaders, dump trucks, cranes, compactors, and construction tools.
Agricultural Equipment
Tractors, harvesters, sprayers, irrigation systems, and farm machinery.
Medical & Healthcare
Dental chairs, imaging equipment, surgical instruments, and medical technology.
Hospitality & Food Service
Commercial kitchens, refrigeration, coffee machines, ovens, and restaurant equipment.
Technology & IT
Servers, computers, telecommunications equipment, software, and point-of-sale systems.
Equipment Finance FAQs
How much deposit is required? Deposits typically range from 10-30% but some lenders offer 100% financing for established businesses with strong trading history.
Can I finance used equipment? Yes, most lenders will finance quality used equipment. Age limits vary by equipment type but typically up to 10 years old.
What are the tax benefits? With chattel mortgage, claim GST upfront, depreciation on the equipment, and tax deductions on interest. Consult your accountant for specifics.
How long are the loan terms? Terms typically range from 1-7 years depending on the equipment’s expected useful life and depreciation schedule.
Can I upgrade equipment during the term? With some lease structures, yes. This is particularly useful for technology that becomes outdated quickly.
Is insurance required? Most lenders require comprehensive insurance on financed equipment to protect their security interest.
Ready to Finance Your Equipment?
Start your comparison today and discover flexible equipment finance solutions that help your business grow without depleting working capital.