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Plant Machinery Loans to Generate Productivity & Target ROI
With our deep understanding of business financials, tax rulings and the commercial lending market, we provide asset funding to enable operators to generate productivity and achieve target ROI. When investing in major equipment assets that drive the operation, critical decisions can depend on the affordability and workability of the finance. We focus intently on achieving lower rates and workable finance terms and conditions that allow clients to proceed confidently with equipment acquisitions.
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Obtain the most competitive interest rates
Compare Lower Interest Rates on Plant Machinery Loans
Responding to the needs of our clients to secure lower interest rate funding, we focus on achieving lower interest rates across our asset acquisition portfolio. Rates that provide a strong foundation on which to structure the most cost-effective deal. Rates that will facilitate lower repayments to ease pressure on cash flow and assist companies realise targeted ROI. Review what we are currently achieving and speak with us for a specific quote.
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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 16/02/2024 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 16/02/2024 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.
Access Quick and Accurate Repayment Estimates for Plant Machinery Loans
How to Get Repayment Estimates Efficiently, On Demand
Preparing budgets and projections is an integral part of preparing for major asset acquisitions. We assist operators to obtain estimates for those planning purposes with our online calculator. Free to use, this essential resource is available for on-demand calculating of repayment estimates and planning the preferred structure for funding.
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Expert Plant Machinery Loan Solutions
Get Expert Assistance for Plant Machinery Finance
As specialists in commercial lending, we provide access to a vast section of the lending market and the expertise to source, negotiate and tailor financing to meet specific objectives. Our brokers operate at an industry level with our lender contacts, facilitating quick communications and the opportunity to negotiate on behalf of our clients.
We have incorporated the latest smart technology into our business model to augment and support our brokers and to provide even more efficient service delivery. Clients benefit greatly from our thoroughness in staying across market fluctuations, economic developments and updates to taxation measures as they affect asset acquisitions. This approach and our accumulated depth of knowledge of the lending market and the Australian operating landscape resulting in more effective outcomes for our clients.
- Australian owned, based and operated.
- 20+ years experience across Australian industries.
- Sharp financial acumen in lending and business financials.
- Smart technology to deliver greater efficiency.
- Strategic approach to target outcomes.
Access a Network of Specialist Lenders for Plant Machinery
Access to Specialist Plant Machinery Finance Lenders
While some lending resources only provide charts of rates and products to compare, our business model is different. We are full-service commercial financing brokers with direct access to a vast section of the Australian lending market. We have accreditations with more than 80 lenders, including the major banks and industry-specialist non-bank lenders.
Our brokers seek out the most suitable equipment finance rates and lender options that specifically suit individual client requirements. We carry out the negotiations, structure the deal and assist with all stages through to and including settlement. Opening industry-only lending channels to clients that would not be able to connect with certain lenders via any other means.
- Access to 80+ Lenders.
- Expert lenders for key industries.
- Specialist Machinery Finance Lenders.
Flexible Financing Solutions
Types of Plant Machinery Loans
Businesses have varying structures, objectives and requirements when acquiring new equipment with funding. To meet the needs of all types of operations and all types of equipment, we provide a full portfolio of funding products.
- Chattel Mortgage Machinery Finance
- Plant & Machinery Leasing
- Commercial Hire Purchase for Machinery
- Rent-to-Buy for Plant and Machinery
Rates, tax deductions, balance sheet approach and other features vary across the funding options. Clients are advised to discuss the selection of funding product with their CFO or accountant.
Maximise Tax Benefits
How to Get Tax Deductions with Loans for Plant and Machinery Plant
Our brokers will tax optimise offers to meet the requirements of the operation.
- Leasing and Rent to Own – repayments tax deductible.
- Chattel Mortgage and CHP – deductions through asset depreciation.
- GST applied and claimable on repayments with Leasing and Rent to Own
- GST on purchase claimed in full at time of purchase with Chattel Mortgage and CHP.
- Interest on all funding facilities tax deductible.
Tailored Solutions: Fixed-Term Plant Machinery Loans
Fixed Terms, Targeted Solutions for Plant Machinery Finance
To ensure the equipment being acquired generates the projected returns for our clients, we structure the funding to meet their targeted objectives.
- Fixed interest rates – no change over the full term of the financing.
- Fixed financing terms – up to 84mths/7years.
- Balloon/residual options available to lower repayments and ease cash flow pressures.
- Cost-effective financing for new and used equipment.
- Pre-approved services for ordering at Field Days and auction.
- Individual machine and complete plant and fleet financing packages.
Flexible Plant Machinery Loans for Diverse Industries
Loans for Plant Machinery for Many Industries
We have experience working for clients across many industries and arranging financing on a wide range of goods.
- Agricultural and farming machines
- Mechanical and engineering plant.
- Construction, mining and earthmoving machines.
- Logistics, transport and materials handling machines.
- Medical and health devices, electronics and diagnostic machines.
- IT and security hardware, software and installations.
- Manufacturing and production processes.
Fast and Easy Machinery Loans for Small Businesses and New Operators without Financials
Machinery Loan Solutions for Small, New and Without Financials Operators
As specialists in commercial lending, we provide solutions for all types of operations including new companies, small businesses and operators without financials.
- SME Plant Finance
- Sole Trader Machinery Loans
- ABN Loans for Machinery
- No Doc and Low Doc Plant & Machinery Loans
Secure Fast Approval and Seamless Processing
Fast Approval and Application Processing of Machinery Loans
Time can be a crucial consideration when requiring funding for new assets. When replacing unserviceable machines which are vital to the operation, securing funding quickly can be critical to meeting production schedules. When upgrading, the faster the machines are acquired, the sooner improvements in productivity and efficiency can be realised.
We assist clients to slash the time that can often be involved in sourcing funding or new equipment. Providing quick quotes and approvals often within 24 hours. Speak with one of our consultants or submit a request via our online resources.
FAQs
Plant Machinery Loans
Assets such as machines for businesses can be financed with a choice of credit products. Asset acquisition funding products are:- Chattel Mortgage, Leasing, Rent to Own and CHP.
The interest rates on finance for machines and equipment vary with the different funding products. The rates offered to individual operators will vary based on the lender assessment of the application. The rates displayed by banks and lenders can be used for guidance and planning purposes.
Yes. Sole traders and self-employed operators are eligible to apply for commercial financing for new machines. Not all lenders offer options for sole traders but many do. Engaging the services of a broker may assist in sourcing an appropriate lender.
Operators without financials that require finance for machines can seek lenders that offer no doc and low doc options. These allow approval without all the documentation that is requested by many banks and lenders. Brokers can assist business owners to connect with these lenders.
The tax deductions vary with the different types of finance. With Leasing and Rent to Own, the monthly payments are tax deductible. With CHP and Chattel Mortgage, a tax deduction is realised when the machine is depreciated as an asset. Interest on CHP and Chattel Mortgage is tax deductible.
Operators requiring a financing solution for a large-scale operation upgrade may require a structured package or separate funding contracts for individual goods. Consulting with a broker may assist operators connect with suitable lenders and structure a workable solution.
Not usually. The interest rates displayed by banks and lenders will typically be for financing new machines. Second hand machines can attract a higher rate in some circumstances. The age, the condition working life of the machine will be considered when the rate and the financing terms are offered.
To apply for commercial financing, business operators must have an ABN. Being registered for GST is not an essential requirement but may be considered in a positive view by some lenders. Financial documentation such as annual accounts, tax returns, BAS returns and similar financials are requested. Details of the machines being purchased should be provided with the application.
The repayments on a specific financing deal will depend on the interest rate, loan amount and loan term. The rate will be subject to an offer from a lender. Estimates of repayments based on different values can be obtained using a lending calculator. These are available on lender and broker websites.
A balloon is an amount of the total loan requested that is set aside and due for payment in full after the last monthly repayment is finalised. It is an option with Chattel Mortgage and CHP.
There is no best credit product for specific goods. The best option is the financing product which has the features and tax benefits that best meet the requirements of the business operation.
The same finance products are applicable for asset acquisitions across all industries – Chattel Mortgage, Leasing, CHP and Rent to Own. The interest rates can differ for goods and applicants in different industries.
Where a new operator does not have all the financials that lenders typically require for the application, they may seek no doc and low doc options through specialist lenders. Brokers can assist business owners to access these lenders.
Deriving financing options using a calculator is only designed to be used as a guide. The interest rates displayed by lenders will be for good credit rated applicants and for financing new goods. The lender will assess each application and arrive at the rate they are prepared to offer that applicant, based on their assessment. That rate can be different from the rates used with a calculator.
The financing term can vary depending on lender approval. The maximum for most asset and equipment financing is typically 7years/84months.
Our Lenders
Trusted by 60+ lenders Australia-wide
Trusted by 60+ lenders Australia-wide
