Finance for the equipment your business runs on.
From machinery to technology, we compare suitable finance options so you can invest in what keeps your business moving.
Who it may suit
- Trade and construction businesses investing in machinery
- Business owners upgrading tools or technology
- Growing businesses fitting out new premises
Common uses
Possible finance structures
The right structure depends on your situation.
Chattel mortgage
A common structure for business-owned equipment, where you take ownership from settlement while the lender holds security.
Finance lease
The financier owns the equipment for the loan term, with the business using it under a lease arrangement.
Hire purchase
The business hires the equipment with an option to take ownership once payments are complete.
This is general information, not tax advice — please speak with your accountant about which structure suits your situation.
Frequently asked questions
Can you finance second-hand equipment?
In many cases, yes — this depends on the equipment type, age and the lender's criteria.
Do you finance specialist or industry-specific equipment?
We compare lenders who work across a range of equipment types — get in touch and we'll let you know what's possible for your situation.
What's the difference between a chattel mortgage and a finance lease?
With a chattel mortgage, your business takes ownership of the equipment from settlement while the lender holds security over it. With a finance lease, the lender retains ownership for the loan term and your business uses the equipment under a lease. The right structure depends on your tax position and how you plan to use the equipment — speak with your accountant for advice specific to your business.
How quickly can equipment finance be approved?
Finance can be approved in as little as 24 hours, however, turnaround depends on the lender and complexity of applications.
Ready to talk about equipment finance?
This information is general in nature and doesn't take into account your personal circumstances. Lending criteria and approval are determined by individual lenders.