5.0 rating
Typical amounts from $5,000 to $5 million+
Repay over 1 to 10 years
Funding often within 24–72 hours
Asset-backed loans with sharper pricing
Machinery, vehicles, IT systems, medical tools and more
Potential deductions for interest and depreciation
Share your business details and the equipment you need.
Receive tailored quotes from multiple Australian lenders.
Compare rates, terms and repayment structures that suit your cash flow.
Approval and settlement often within 24–72 hours.
Equipment finance helps Australian businesses acquire or upgrade the tools and machinery they need without large upfront payments. Instead, repayments are spread over time, preserving working capital for wages, stock, or expansion.
Loans are generally secured against the equipment, making approvals faster and terms more competitive. Terms can run from 1 to 10 years, with options for balloons, residuals or seasonal structures.
Almost any business asset can be financed — from construction machinery, commercial vehicles and IT systems to medical devices, hospitality equipment and office fit-outs. Whether you’re modernising operations, replacing outdated tools, or scaling production, equipment finance provides a practical, tax-effective solution.
For many businesses, the key benefit is flexibility: you get access to essential equipment immediately, while repayments align with the revenue it generates.
This guide is broken down into the following sections. Click a link if you want to skip ahead.
Here are the most common equipment finance structures available in Australia:
A secured loan where you own the asset from day one while the lender holds a mortgage over it as security. Perfect for business equipment, vehicles, and machinery purchases.
Established businesses looking to purchase equipment, vehicles, or machinery with immediate ownership and maximum tax benefits.
A financing arrangement where you hire the asset with an obligation to purchase it at the end of the term. Combines the benefits of gradual ownership with manageable monthly payments.
Businesses that want eventual ownership of assets but need to spread the cost over time, particularly suitable for essential equipment with long useful life.
A lease agreement where you use the asset throughout the lease term with the option to purchase it at the end. Ideal for businesses wanting to preserve cash flow while accessing essential equipment.
Growing businesses that need equipment access without large capital outlay, or companies wanting to preserve cash flow for operations.
Equipment finance can fund a wide range of business needs:
Excavators, loaders, cranes and other heavy equipment for building and civil works.
Cars, vans, trucks and utes for transport, logistics and service businesses.
CNC machines, 3D printers and production lines for manufacturing and fabrication.
Computers, servers, networking, and software upgrades.
Diagnostic machines, surgical tools and patient monitoring systems.
Commercial kitchens, refrigeration, POS systems and shop fit-outs.
Tractors, harvesters and irrigation systems for farm operations.
Solar panels, battery storage and other sustainable technology.
Leah Johnson, Brisbane Fabrication Co.
Industry: Manufacturing
Challenge: Production bottlenecks caused by ageing machinery and limited output capacity.
Solution: A 7-year chattel mortgage secured against a new CNC machine and supporting tools.
Leah runs a fabrication workshop in Brisbane. Orders were growing, but her outdated machinery couldn’t keep up with demand. Through Emu Money, she secured equipment finance for a state-of-the-art CNC machine with a 7-year chattel mortgage. Repayments were structured monthly to align with customer invoices. The new machine doubled production speed, reduced downtime, and allowed Leah to expand into new contracts while keeping cash flow predictable.
Equipment finance in Australia typically ranges from $5,000 for smaller purchases to $5 million+ for large-scale machinery or vehicle fleets. Borrowing limits depend on the type, age and value of the equipment, as well as your financial profile.
Lenders generally offer up to 100% of the purchase price for new equipment, and 80–90% for used assets. Because the equipment itself serves as collateral, approvals are faster and terms more competitive than unsecured loans.
Balance over time
Eligibility is straightforward since the equipment is used as collateral. Lenders assess turnover, bank statements and repayment history when reviewing applications.
You may be eligible if you are:
An Australian citizen or permanent resident
Over 18 years old
Operating a registered business with ABN
Able to provide recent bank statements
GST registered (often required for larger loans)
Apply online in minutes and get instant quotes from multiple lenders. Select the option that best fits your needs, upload documents, and receive funding in 24–72 hours.
Documents you may need:
ABN and GST registration details
Photo ID (driver’s licence or passport)
Recent bank statements
Supplier invoice or quote for the equipment
Saving money on equipment finance starts with comparing multiple lenders. Shorter terms reduce total interest but increase repayments, while longer terms ease cash flow but increase total cost.
Watch for hidden costs like establishment, documentation or early termination fees. Where cash flow allows, make additional repayments to cut down interest. Align repayment schedules with customer invoicing cycles for smoother management.
Equipment finance products differ in structure. Here are the main features to consider:
Most equipment loans are secured against the asset itself. This reduces risk for lenders, supports higher borrowing limits, and provides more competitive interest rates compared to unsecured products.
Some lenders request a director or owner guarantee alongside the asset security. This adds an extra layer of protection for the lender and may unlock sharper pricing.
Loan terms usually range from 1 to 10 years. Adding a balloon or residual payment can reduce repayments, but a lump sum must be settled or refinanced at term end.
Most facilities are fixed-rate, giving predictable repayments. Some lenders offer variable rates, which may start lower but can rise over time. Choose based on risk appetite.
Look out for establishment, documentation, account keeping and early payout fees. Factoring in all charges ensures you know the true cost of financing your equipment.
Repayments can be scheduled weekly, fortnightly, monthly or seasonally. Matching repayments with your cash inflows helps avoid stress and supports smoother cash flow.
Verified Review
Emu Money does a really good job when it comes to their services. It was pretty easy and smooth, less stressful, quick, Cristal clear, very friendly, to the point...etc I would highly recommend them for anyone My agent was Eujin who made my dream come true with what I wanted achieved. Thanks heaps and all the very best. Regards Lankesh
Lankesh S.
Verified Review
Incredibly seamless experience! Highly recommend
Tracy W.
Verified Review
I was completely impressed with their professionalism and customer service.. highly recommend. Special Mention to Ray thank you for assisting me in this journey
David A.
Verified Review
I made an enquiry with emu money and within 30 minute's, I had Ryan call me. He got the ball going straight away, and made everything so easy and was always keeping me updated with texts. I can not recommend this guy enough! Thanks again Ryan!
Ruairi M.
Verified Review
Brad was fantastic, he goes above and beyond with his service and makes sure you get results. Amazing asset to this company, look forward to working closely in the future.
Zachary
Verified Review
Emu Money is fantastic! I had Evie secure my personal car loan, and throughout the whole process she was very transparent. She gave me a comprehensive breakdown of the contract and guided me through the process. She's always available to chat, and is dedicated to her clients. She even advised me about my cash out limit that I didn't think of, which would've delayed me getting my car by another day. This reminded me to go to the bank directly. Her advice helped me a lot!
Akwesi A.
These helpful FAQs will help you find the answers you need. If you can't find what you're looking for, you can request a callback below.