Equipment Loans or Asset Finance
Equipment loans or asset finance
- Up to $2 million
- Up to 5 years
- Low interest
- Available for machinery, vehicles, etc.
- Equipment/asset purchased becomes the security for the loan
- New and used items can be purchased but are available at different interest rates
Please fill out the contact form. Our experienced finance brokers will get in touch with you to discuss your needs.
What is equipment loans or asset finance: ?
Many businesses need specific equipment to keep their company running; however, they may not have adequate funds to purchase this equipment. This is when equipment loans come in very useful for growing businesses or businesses that simply need extra funds to support their growth or to purchase equipment. This type of loan is used to provide funding for a physical asset, and equipment finance is often secured on the equipment you are purchasing.
Equipment or asset finance: other benefits
Repayments can be tax deducted
A deduction for depreciation of the asset could be claimed
(ask your accountant)
Long term repayments can be scheduled
Long term repayments usually suit the business cash flow
No deposit payment
Equipment or asset finance: how to apply
We help you through the process and we put you in contact with the lender that offers the type and size of business loan that meet your needs. Our partners assist eligible small businesses with equipment finance.
Lending Connect is the preferred and trusted finance broker for hundreds of small and medium local businesses in Australia. It all starts with an enquiry. Call us 1300 911 621 or click on “get started now” and we call you back to see if you qualify for equipment loans.