5.0 rating


Amounts from $10,000 to several million
1 to 7 year loan terms available
Funding often within 24–48 hours
Lower rates when loans are backed by machinery
Construction, manufacturing, transport, healthcare and more
Potential deductions on interest and depreciation
Enter details about your machinery purchase and business needs.
Receive quotes from multiple lenders suited to your industry.
Compare terms, rates and repayment options to select the best fit.
Approval and funding can occur within 24–48 hours.

Machinery finance helps Australian businesses acquire essential equipment without tying up capital. Repayments are spread over time, freeing cash for staff, operations, or growth initiatives.
Loans are usually secured against the machinery, allowing lenders to offer competitive rates and larger borrowing limits. Terms typically range from 1 to 7 years, with flexibility in repayment frequency.
Finance covers a wide range of industries: construction firms can acquire cranes and excavators, manufacturers can upgrade CNC machines, logistics companies can expand vehicle fleets, and healthcare providers can fund diagnostic systems.
For businesses of all sizes, machinery finance provides access to modern, reliable equipment that supports productivity and growth without financial strain.
This guide is broken down into the following sections. Click a link if you want to skip ahead.
Here are the most common machinery finance products available to Australian businesses:
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 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.
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.
Machinery finance can be applied across a wide range of industries and equipment needs:
Buy new or used machinery essential for your business operations.
Replace ageing machinery with modern, efficient models to boost productivity.
Acquire additional equipment to support business growth and new contracts.
Invest in automation, robotics, or advanced manufacturing machinery.
Fund excavators, cranes, bulldozers and other heavy machinery.
Finance CNC machines, 3D printers, or full production lines.
Acquire trucks, vans, forklifts and other transport machinery.
Healthcare providers can finance diagnostic, imaging or surgical machines.
Fund tractors, harvesters, and irrigation systems for farming.
Purchase kitchen equipment, refrigeration, or large appliances for service businesses.

Sanjay Patel, Brightside Constructions
Industry: Construction
Challenge: Unable to take on larger projects due to outdated and limited equipment.
Solution: A 5-year chattel mortgage secured against two new excavators and a crane.
Sanjay runs a mid-sized construction company in Queensland. He faced frequent downtime and lost contracts due to ageing equipment. Through Emu Money, he compared lenders and secured a 5-year chattel mortgage for new excavators and a crane. Repayments were structured to align with project cash flow. With modern machinery, the company improved efficiency, won larger contracts, and grew revenue significantly — while managing repayments predictably.
Machinery finance in Australia typically ranges from $10,000 for smaller equipment to several million dollars for large-scale projects. The borrowing limit depends on machinery type, cost, age, and your business’s financial position.
Because the loan is usually secured against the equipment, lenders can offer higher borrowing limits and better rates than unsecured products.
Balance over time
Eligibility depends on the machinery type and your business’s financial health. Lenders assess turnover, bank statements, and repayment history before approving applications.
You may be eligible if you are:
An Australian citizen or permanent resident
Over 18 years old
Running a registered business
Able to provide recent bank statements
Hold an ABN (and GST registration if required)
Apply online in minutes and get quotes from multiple lenders. Select your preferred option, upload documents, and funding is often arranged within 24–48 hours.
Documents you may need:
ABN and GST registration details
Photo ID (driver’s licence or passport)
Recent business bank statements
Tax returns or financials (for larger loans)
To save on machinery finance, compare offers from multiple lenders. Shorter terms reduce interest but mean higher repayments, while longer terms ease cash flow but increase costs.
Check for establishment or early repayment fees that add to total expenses. If your business has strong revenue, making additional repayments can cut interest costs.
Align repayment schedules with your cash flow cycle to avoid late fees and financial stress.
Example: $250,000 financed at 7.95% p.a.:
| Term | Repayment Amount | Total Amount to Repay |
|---|---|---|
24 months | $11,281 | $270,744 |
36 months | $7,813 | $281,288 |
48 months | $6,125 | $294,000 |
60 months | $5,031 | $301,844 |
Machinery finance products can differ in structure and cost. Here are key features to understand before applying:
Loans are usually secured against the machinery, lowering lender risk and improving rates.
Some lenders require directors or owners to provide a personal guarantee for added security.
Most machinery loans are fixed-term, though revolving credit lines may be available for ongoing purchases.
Fixed interest rates are common, providing repayment certainty. Variable rates are less common but possible.
Establishment fees, ongoing charges, and early termination costs can apply. Compare carefully.
Repayments may be weekly, fortnightly or monthly. Align with your cash flow cycle for easier management.
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⭐⭐⭐⭐⭐ The process with Emu Money has been fantastic — completely stress-free and very professional. Their document requirements were clear and straightforward, with everything explained step by step. Once we submitted our paperwork, the response was quick, and the whole process was easy to follow. We’re very happy with the experience and highly recommend Emu Money for any commercial loan needs
Pratik P.
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We recently had the pleasure of working with Eujin to secure a car loan, and we couldn't be more grateful for his assistance. Eujin went above and beyond to ensure we got the best possible terms. His professionalism, dedication, and willingness to help were evident throughout the entire process. Thank you, Eujin, for making this experience smooth and stress-free. Highly recommend his services!
Bstl 1.
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Robyn has been brilliant to work with. Made everything easy from the start and explained the details of the loan in depth before submitting the application. Called Robyn Monday morning to discuss possible loan for car and drove my new car home Thursday afternoon with a finance rate better than what the car dealer was offering. Would highly recommend Robyn and emu money for future loans
Patrick B.
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Dat N.
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I had the absolute pleasure of working with Bindiya Patel, and I can’t thank her enough for her immense help and outstanding service throughout the entire finance process. From the very beginning, she was professional, patient, and extremely knowledgeable, guiding me through every detail with genuine care. Bindiya went above and beyond to make sure everything was handled smoothly and efficiently. Her communication was always clear and prompt, and she made what could have been a stressful process feel easy and comfortable. I truly appreciate her dedication, honesty, and the personal touch she brings to her work. I would highly recommend Bindiya Patel to anyone looking for a trustworthy and supportive finance agent. She is simply amazing at what she does!
Jananie V.
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