Equipment or Asset Finance
our awards & certifications
What is an Equipment Loan?
An Equipment loan is the purchase of any asset or piece of equipment that you need for a business purpose. This is a very wide area, and can include obvious assets such as a car or truck, but also solar pannels, office fitout and more.
Reasons for an Equipment Loan
Ever been in the market for a forklift or a utility vehicle and found yourself stunned by the prices? Running a business can be financially overwhelming. Your operation critically depends on having the right equipment and vehicles—yet, it’s risky to invest all your resources in one area. When your business is growing, acquiring financing becomes indispensable. But how can you be sure you’re not being taken advantage of?
What type of products are avaialbe to purchase equipment through finace:
We have a huge spectrum of options, mostly dependent on the asset type. The most popular optiosn include a Lease of a Chattel Mortgage, over terms of 12 – 84 months.
Why Opt for Loanezi
Loanezi simplifies your search for the right loan. Just enter your details and let our AI do the work, turning what used to be hours of research into mere seconds of processing!
With the ability to compare transparently, you can assess the advantages and disadvantages tailored to your unique circumstances. This comparison process helps ensure that you select the optimal business loan to meet your needs.
Do you need security to get access to equipment finance?
With equipment finance the asset itself, whether it is a car or boat of forklift, is the security, so the finance facility will be secured against that asset. So personal assets are typically not a requirement, unless it is a very large purchase over $500K.
You do not need to be a property owner, or have security to access business funding.
We are able to get you access to up to $150K without any security. The minimum requirement for equipment finance is as follows:
- 24 months trading, and the director needs to be a permanent resident or Australian citizen.
- If your business has been trading shorter than 2 years, we can still find a solution for you. Some industry verticals are more favoured, and some equipment types are also more favoured. Reach out to us for a obligation free chat. Alternatively, we will explore other finance products that can still support you to get the equipment you need.
Service Benefits
Improved Cash Flow
Equipment or Asset Loan services allow businesses to acquire necessary equipment without large upfront costs, preserving capital for other business needs.
Flexible Financing Options
Equipment finance is a finance category with many options, products and services to meet the needs of your business and the asset type you are acquiring.
Tax Benefits
Depending on the jurisdiction, leasing equipment or assets may offer tax advantages, such as deductible lease payments.
Access to Latest Technology
Leasing allows businesses to access and use the latest equipment and technology without the risk of equipment obsolescence or waiting until they have the full amount.
Maintenance and Support
Some leasing agreements include maintenance and support services, reducing the burden on businesses to maintain and repair equipment.
Scalability
Some equipment loans allow you to scale your operations easily and sooner. You can buy or lease the assets you need now, giving you the ability to scale with demand.
We know business asset loans
Like you know your job inside and out, we know ours. Our asset and equipment loan services give you the options you need to be able to thrive and compete in your market.
4500
Businesses funded
More than 4,500 businesses have used Loanezi to find the right loan and financing options to suit their individual needs.
50+
Total lenders
We’ve done the research for you, finding more than 80+ lenders to work with businesses of all industries, sizes and situations.
100+
Total products
When you choose Loanezi, you get assessed against more than 900 business financing products to find your very best match.
8yrs
In Business
In our more than 8 years in business, we have seen it all and helped every business imaginable. Now it’s your turn.
featured in
What our clients say
Don’t take our word for it. This is what our clients have to say…
“Through my role as a Business Technology Advisor for Telstra, I have had the privilege of working with the Loanezi team for many years. Their support, expertise and professionalism is second to none. I would highly recommend them to anyone. Special thanks to Renee and Brianna”
Melissa Ifould
Google Reviews
“Worked with Rene and Bri over years, They are an amzing supporter for Partners when it comes to finance and building Stretegies,both are creative and inspring to the team to have spirit up specially diring this most chllanging Enviorment. Love your work Girls. Keep Rocking..!”
Thaker Hetu
Google Reviews
“One of the best finance Company which we recommend to our clients, Very professional, helpful staff and customer oriented staff. And the process is straight forward and transparent without ant surprises with all the clauses Cleary explained.”
