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Equipment Finance

Equipment Finance is a loan or lease used to purchase business equipment, tools, machinery, fitouts, vehicles, or technology. It allows businesses to acquire assets without paying the entire cost upfront. Common structures include Chattel Mortgage, Hire Purchase, and Finance Lease. Links to related service pages: Equipment Finance, Low Doc Asset Finance, Business Loans. Relevant blogs: Are Low Doc Equipment Loans Worth It?, Equipment Finance Application Mistakes, Lease vs Buy Equipment.

Why Equipment Finance Matters

Equipment Finance helps businesses scale without draining cashflow. It is widely used across construction, trades, transport, medical, hospitality, and manufacturing. Lenders assess the asset, its resale value, your trading history, and cashflow through hubs like the Tradie Hub, Truckie Hub, and Business Owners Finance Hub.

How Equipment Finance Works

  • The lender funds the purchase of a specific business asset.
  • The asset itself usually secures the loan.
  • Terms typically run 2–7 years depending on asset age/type.
  • Low Doc options are available for strong cashflow or GST-registered ABN holders.
  • Balloon payments or residual values can reduce monthly repayments.

Official reference: ato.gov.au

What is Equipment Finance?
Equipment Finance is a business loan used to purchase assets such as tools, machinery, vehicles, or technology.
Do I need full financials?
Not always — Low Doc options exist for ABN holders with strong cashflow or 6–12 months trading history.
What assets can be financed?
Common assets include vans, utes, trucks, excavators, medical equipment, cafe machinery, and workshop tools.
Is Equipment Finance tax deductible?
Interest and depreciation may be deductible depending on structure. Check ATO guidance or speak to your accountant.
Does the asset secure the loan?
Yes — most equipment finance products use the asset as security, reducing the need for property or cash security.