Asset and equipment finance, compared across providers.
Asset finance exists because most businesses shouldn't tie up their cash — or their home — to buy the tools they trade with. Instead of paying outright, you spread the cost over the life of the asset, and the financier takes the asset as security rather than a mortgage over your property. That single difference is why approval is usually fast and why a newer business with a short trading history can still get funded. The trade-off is that the financier owns the asset until you've paid, so early exit, upgrades and second-hand values all need thinking about up front. We compare banks, specialist equipment financiers and independent funders on the deal you're actually doing: the asset, the supplier, whether it's new or second-hand, how long you'll keep it and what you want the cash flow to look like. Send us a quote and we'll come back with indicative terms from several providers so you can compare real numbers, not a brochure.
When it makes sense
- Replacing or upgrading the machinery that keeps a business running, without a single large cash outlay
- Buying second-hand plant or a used vehicle where some lenders won't go but specialist financiers will
- Fitting out a new premises, clinic, restaurant or workshop before trading starts
- Adding a truck, trailer or prime mover to a growing fleet
- Acquiring medical, dental or diagnostic equipment where the asset holds its value well
- Rolling IT, servers and office technology into one predictable monthly cost
- Preserving a line of credit or cash buffer for day-to-day costs by financing the asset instead
- Taking a residual or balloon structure so repayments match the income the asset produces
Indicative terms
| Finance amount | Indicatively $5,000 to $1 million+ |
| Asset types | New and second-hand machinery, vehicles, technology, fit-outs |
| Deposit | Often nil; some structures require 10%–20% |
| Indicative rates | Roughly 6%–12% p.a. depending on asset and covenant strength |
| Term | Commonly 24–84 months, matched to the asset's useful life |
| Residual / balloon | Available with several providers on qualifying assets |
| Documentation | Usually a quote plus basic entity and trading details |
| Typical timeline | Decision in 24–48 hours, settlement on delivery |
How it works
- Send the quote — The supplier's invoice or quote, whether the asset is new or used, and when you need it. That's enough to start.
- We shortlist providers — We compare banks, specialist equipment financiers and independent funders, and flag which will fund a second-hand or imported asset.
- Compare the structures — Loan, lease or rental with a residual produces different total costs. We show the numbers side by side, including fees and the exit position.
- Approval and paperwork — Once you pick a structure, we manage the application and the finance paperwork with the provider and your supplier.
- Delivery and settlement — Funds generally go straight to the supplier, and the asset is usually installed or delivered before the finance commences.