Business vehicles
Cars, vans, utes, trucks or specialised transport for business use.
Equipment loans
Finance the vehicles, machinery, tools and technology that help your business do more. Compare potentially suitable asset and business finance structures.
New or usedEligible assets and age limits vary by lender
Asset-backed optionsThe financed equipment may support the application
Match useful lifeConsider a term that fits how long the asset will work
Put the right equipment to work sooner
Equipment finance can help a business acquire an income-producing asset while preserving cash for wages, stock and daily operations.
The product might be a loan secured by the equipment, a hire-purchase style arrangement, a lease or broader business finance. Ownership, deposits, residual payments, early payout rules and tax treatment can differ, so compare the complete structure rather than the repayment alone.
Lenders may consider the asset's age, condition, purchase price, supplier and expected working life alongside your business financial position. A quote or invoice usually helps define what is being funded.
Match the term to the asset
A repayment term that extends well beyond the equipment's useful life can leave the business paying for an asset it can no longer rely on. Factor in maintenance, insurance, registration, downtime and replacement timing when checking affordability.
Fund the assets behind the work
Machinery and tools
Production, trade, construction, hospitality or medical equipment.
Technology
Computers, point-of-sale systems, communications and operational hardware.
Start with the asset and the job
Identify the equipment
Share the asset, price, age, supplier and how the business will use it.
Compare structures
Review potentially suitable asset-backed and business finance options.
Check the full cost
Consider deposit, residual, fees, ownership and early payout conditions.
Before you sign for the asset
What can a business equipment loan fund?
Depending on the lender and product, equipment finance can fund vehicles, machinery, tools, computers, medical equipment, hospitality equipment and other income-producing business assets.
Is the equipment used as security?
Some equipment finance products use the financed asset as security. Other business loan structures may also be available. Security, guarantees and ownership arrangements depend on the lender and contract.
Can I finance used equipment?
Some lenders finance eligible used equipment, subject to its age, condition, value, seller and useful life. The lender may request a quote, invoice or valuation.
Are equipment loan repayments tax deductible?
Tax treatment depends on the finance structure, asset and business circumstances. Seek advice from a registered tax adviser or accountant before relying on a deduction.