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Industry Equipment Loans – Machinery Business Finance
As specialists in commercial lending, we understand that acquisitions of plant and machinery must achieve ROI and productivity targets. Our goal is to structure funding to strategically optimise tax benefits, minimise outgoings and maximise our clients’ productivity and profitability. Our expertise, funding options and lender connections provide valuable opportunities for clients to access flexible, workable solutions when upgrading and replacing machines for their engineering, fabrication and tooling workshops.
This won't affect your credit score
Cost Savings with Competitive Interest Rates
Compare Our Lower Interest Rates on Industrial Equipment Finance
Lower interest rates form the basis for cost-effective funding solutions. Our focus on sourcing lower rates from across a vast lender selection provide our clients with realistic prospects of achieving lower repayments and a affordable solution. Compare our current rates and use as a guide for preparing budgets and contact us for an exact quote based on your specifications.
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Disclaimer: The comparison rate displayed is calculated for a loan of $30,000 over 5 years. The results from this calculator should be used as an indication only. Quoted repayments are based on advertised rates and do not include lender fees and charges. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you speak with us so that we can provide you with advice that is tailored to your situation.
Today's best rate
Finance Equipment From
4.99 % Fixed
* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Today's best rate
Finance Equipment From
4.99 % Fixed
* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Fuel Your Venture Growth with Flexible Financing Solutions
How to Get Flexible Finance for Industrial Equipment Finance
Workshop owners and operators can access more options and more flexible funding solutions by using our expert services. Our broker services are available to all sized operations for funding a wide selection of tooling and machinery used in the sheet metal, fabrication and engineering sector.
No referral from an accountant or other consultant is required so operators can save time by contacting us direct to handle their funding requirements. Our role as your broker will cover the entire process from receiving your briefing and listening to your objectives; through sourcing the lowest offers and negotiating on rates and conditions; through assistance with paperwork and application processing; and finally, settlement.
With over 20 years of hands-on experience sourcing affordable machinery funding we have in-depth understanding of the needs of Australian operators in many industry sectors and we know financials. We have incorporated smart technology into our operations to provide clients with more streamlined service delivery.
Being current with corporate regulations in the lender sector and with taxation rulings pertaining to asset acquisitions is integral to our operating practices and ensure our clients receive tax-optimised funding solutions. For a more flexible approach to achieving workable funding, contact us to be assigned your individual broker.
- 20+ years of industrial sector financing experience.
- Australian company with expertise and knowledge of rulings and regulations.
- Super financial acumen to deliver strategically structured solutions.
- Tax optimised industrial equipment finance
Streamline Your Financing Process with Direct Access to Specialist Solutions
Direct, Fast Access to Specialist Solutions for Industrial Equipment
A typical difficulty we hear from clients when trying to source funding themselves is finding lenders that understand their sector and can offer flexible outcomes. This is not uncommon but completely understandable due to the nature of the commercial lending market.
Many banks and non-bank lenders provide funding to commercial enterprises and that leads to vast variations in rates, terms and conditions. As a broker, we overcome that difficulty with our accreditations with over 80 banks and lenders. We provide clients with access to the lenders, including non-bank lender channels, specialising in funding to the field and to the lowest rates available in the market at the time of application.
These channels can be critical to receiving offers that will facilitate the achievement of projected ROI and productivity gains.
- Direct connect with 80+ lenders – leading banks, specialist non-bank lenders.
- Key machining and steel fabrication sector lenders.
- Services available Australia-wide.
- Flexible terms up to 7 years.
- Fixed rates, fixed terms, balloon options, fixed repayments.
Explore a Wide Range of Loan Options to Suit Your Venture Needs
Full Selection of Types of Industrial Equipment Loans
The selection of the right type of credit product is critical to the effectiveness of asset funding to an enterprise. Products vary in the suitability to accounting methods and to achieving balance sheet objectives. They also offer different ways to claim tax deductions. We offer the full selection to ensure we have a suitable product for each one of clients – small, large, sole trader or big corporation. The same products can be used for both new and used machinery.
- Industrial Equipment Chattel Mortgage
- Industrial Equipment Lease
- Rent-to-Buy Industrial Equipment Loans
- CHP for Industrial Equipment Finance
- Bad credit, SME and without financials options available
Comprehensive Financing Solutions
Types of Industrial Equipment We Finance
We provide funding for a wide range of machines and tooling used in steel fabrication, manufacturing and engineering, tooling and the general sheet metal industry. Funding is available for both new and second-hand machinery, standard models from leading brands as well as custom-made models.
Machines included but not limited to:-
- Loans for all kinds of band saws and other saws.
- Financing for CNC machines, welding equipment and drilling tools and all models of drilling, coping and marking machines.
- Finance for cutting machines including pipe and tube cutters.
- Material handling and storage equipment finance including rollout racks.
- Steel fabrication machine loans for presses, guillotines, rollers and cutters.
Get Quick Approvals to Keep Your Venture Running Smoothly
Fast Approval for Industrial Equipment Finance Applications
With our industry-level contacts with banks and lenders and our personalised approach to lending, we can facilitate fast application to expedite the purchase of the machinery required for your workshop. 24 hour approvals are achieved for many companies.
FAQs
Industrial Equipment Financing
Funding for all types of machinery such as band saws is available with the choice of Rent to Own, CHP, Chattel Mortgage and Leasing. These vary in features and rates and selection should be made in conjunction with an accountant.
Interest rates vary with the credit options available – Â Rent to Own, CHP, Chattel Mortgage and Leasing. Rates can also vary for different companies and across the lender market. A quote should be requested to obtain a specific rate for the purchase and the company.
Not all banks and lenders will provide funding options for companies with poor or bad credit. Options can be sought from predominantly non-bank lenders. A broker may be in a position to assist in connecting with the right lender.
The tax deductions on funding will depend on the credit product selected. Rent to Own and Leasing have tax deductible repayments. Asset depreciation is the tax deduction realised with CHP and Chattel Mortgage.
Combining multiple machine purchases into a single funding option would be subject to the flexibility of the lender. There are many banks and non-bank lenders in the commercial lending sector and companies can seek a broker or lender that does provide this option.
The same credit products apply for both new and second-hand machines but the interest rate, terms and conditions can differ. The age and condition of second hand machines would be considered by lenders in preparing an offer.
Yes. Estimates on commercial funding can be obtained by using an online calculator. These devices provide estimates only and are available on bank, broker and lender websites.
Terms of up to 7 years can be offered on some purchases by lenders. Terms can be by negotiation. A longer term may be achieved through specialist lenders.
New businesses may not meet all the criteria or have all the documentation required for standard application forms. New operators may seek lenders that offer no doc and low doc options. A broker may be of assistance in sourcing this type of funding.
Online calculators only have the functionality to provide rough estimates. They do not allow for variations in the specifics of an application or account for fees and charges. The quote received can vary from the calculator estimate.