Equipment Finance
Equipment finance is a specialized form of business lending where the asset itself serves as the primary security for the loan. This structure often allows for more competitive interest rates and faster approval times compared to unsecured business loans. When you enquire with Envision Finance, we look at your business's cash flow, the age and type of the equipment, and your credit history to shortlist suitable financiers. The main trade-off in equipment finance is between the interest rate and the flexibility of the terms; lower rates often require stronger financials, while specialist lenders may offer more flexible documentation requirements at a slightly higher cost. Our role is to compare these options so you can make an informed decision for your business growth.
When it makes sense
- CNC machines and lathes
- Manufacturing production lines
- Forklifts and warehouse racking
- Earthmoving equipment and excavators
- Commercial printing presses
- Professional tools and diagnostic gear
- Fitness and gym equipment
- Renewable energy systems and solar panels
Indicative terms
| Amount range | 0,000 to $5,000,000+ (indicative) |
| New vs second-hand | Both accepted (indicative) |
| Deposit | 0% to 20% options (indicative) |
| Indicative rate range | 6.50% – 12.00% p.a. (indicative) |
| Term | 1 to 7 years (indicative) |
| Residual/balloon | Up to 30% available (indicative) |
| Documentation | Full doc & Low doc options (indicative) |
| Settlement time | 24 to 48 hours (indicative) |
How it works
- Initial Enquiry — Share your equipment needs and basic business details with our team. This takes about two minutes and helps us understand your requirements.
- Market Comparison — We compare options across major banks and specialist equipment financiers to find the most suitable rates and terms for your specific asset.
- Shortlist & Selection — Review a shortlist of indicative quotes. We explain the trade-offs between different lenders so you can choose the best fit for your cash flow.
- Approval & Settlement — Once you choose a financier, we manage the application process. Upon approval, the lender settles funds directly with your equipment supplier.