What Types of Equipment Can be Financed?

Nearly any tangible business asset that has a serial number can be financed, whether it’s brand new, used, coming from a private vendor, or an auction house. Refinancing equipment already purchased is also an option.

Understanding that there are multiple different financiers in the market who all have different policies about what equipment they will finance is integral to getting the best solution for your business. There is no one size fits all approach.

Below is a summary of some commonly financed assets:

Vehicles, Transport Equipment, Aircraft and Boats

Finance is available for a wide range of vehicles, and anything transport related. This includes passenger cars, utes, trucks of all sizes, trailers, etc. This also includes options for boats and aircraft.

Finance is flexible for these types of assets. We can achieve residuals, structured terms, finance over any age asset, and assets being purchased from almost anyone. We can also assist with individuals and employees financing a car in their own name, which is to be used predominantly for work purposes.

Construction, Earthmoving and Agricultural Machinery

Excavators, bulldozers, cranes, laser screeds, ride on trowels, concrete pump trucks, tractors and just about any other asset used within the construction, earthmoving and agricultural industries can be financed.

Similar to vehicles, financing these assets over tailored finance terms is an option. Older and used assets are also available for financing.

Manufacturing and Industrial Machinery

CNC machines, lathes, presses, 3D printers, packaging machines, robotic arms and complete production lines are available for financing.

The key to financing these assets is understanding their use and impact on the business, whether that is a reduction in labour via automation, or increased sales output. Financiers don’t always have the right amount of knowledge around this machinery compared to transport assets, therefore it’s important to work with a broker that specialises in financing these assets to achieve the right result.

Medical and Dental Equipment

Practices can finance expensive diagnostic or treatment equipment such as X-ray machines, dental chairs, ultrasound systems and more. Financing helps healthcare providers remain competitive and efficient whilst preserving cash reserves.

Office, IT Equipment, Software, Fit-outs, Gyms and Hospitality Equipment

Desktops, notebooks, servers, printers, software systems, kitchen equipment, refrigeration equipment, gym equipment and even fit outs are all examples of niche assets that can be financed.

Not all financiers view assets in the same way, they all have equipment they like and don’t like. Some apply higher rates for certain assets. Selecting the right equipment financier needs to take a tailored and strategic approach.

That’s why we invest the time to understand every financier and their specialties—so when it comes to securing the right asset, you can trust us to match you with the financier best positioned to deliver the results you need.

We are here to support your business.

Please speak to us about all things finance. Whether it be Equipment and Automotive Finance, Working Capital Finance which includes Debtor and Trade Finance, Property Finance including Construction Finance, Insurance Premium Funding. And yes, we also do Home Loan Finance.

We know that banks are becoming more selective and treating business customers worse than ever – please make us your first point of contact every time – we will get you a better outcome with a far better experience.