Equipment Loans

We can help you to expand your business with a highly competitive, commercial equipment loan.

An equipment loan enables your business to purchase an asset without paying for it upfront. It can be an effective way to manage your cashflow, instead of tying up cash and credit lines needed for other purposes in your business.

We have extensive experience in helping our clients to secure commercial finance and equipment loans.  We can develop a custom finance solution, suited to the needs of your business.

The majority of equipment loans are arranged under a chattel mortgage, in that the bank writes a mortgage on the equipment, so that your business immediately owns the underlying asset on purchase.

Whether you require a truck, bus, farming machinery, earthmoving equipment, factory tooling, IT/computers, commercial printers, yellow goods, commercial kitchen equipment, freezers, security systems or POS systems, we can provide the right loan for your situation.

Repayments can be structured to meet the requirements of the cashflow of your business. This means there are options to make repayments weekly, fortnightly, monthly, quarterly, and even half-yearly and yearly.  This approach is often of great benefit to businesses operating seasonally.

No matter what equipment you need for your business, we can help you finance it!


Tax Benefits

Equipment loans can be structured to minimise tax, as well as giving you access to highly competitive rates.

In most cases, the interest paid, as well as depreciation of the asset, are tax deductible.

Repayments can be arranged to match the cashflow cycle of your business.

What are the benefits of an equipment loan for your business?

  • Loan terms to suit your needs from 12 months to 7 years.
  • Depreciation and interest payments are usually tax deductible.
  • Depending on your requirements, a residual payment (balloon payment) can be set from 0% to 70%, which can later be paid to reduce the size of repayments.
  • In some cases, 100% finance is available.

Why Choose Finwise Finance?

There are so many great reasons to choose Finwise Finance for your next commercial equipment loan.

  • We have access to a large range of loan products of all types at highly competitive rates.
  • We provide dedicated support to help you through every step of the process.
  • We help protect your credit score, by accurately assessing your circumstance, so we know which lender is best for you.

Your quote from Finwise Finance is provided with absolutely no obligation.

We can help answer all of your questions and ensure you are able to make an informed decision.