Chattelmortgage,low-doc,fastsettlementforABNholders.
Specialist commercial equipment finance — tools, machinery, fitout, vehicles. We structure the deal for your tax position and your timing.
Three reasons businesses use an equipment specialist.
Equipment finance is a commercial product, not a consumer one
Banks treat equipment like a personal asset and trip on the ABN, the GST, and the structure. Specialist commercial lenders write equipment every day and price the file accordingly.
Chattel mortgage, hire purchase or operating lease
Different structures suit different tax positions and balance-sheet treatments. We model each one before you sign so you can choose the right shape for your business.
Fast settlement on operational equipment
Tradies and small business owners often need the gear on-site this week, not next month. We submit clean files and most settle within 5 business days.
Loan basics.
Indicative shape for a typical equipment finance facility for an established small business. Newer ABNs and larger commercial files see different terms.
- Loan term
- Up to 7 yrs
- Indicative rate
- From 6.99%
- Max amount
- $1m+
- Decision time
- 1–3 days
Who we finance equipment for.
- Tradies upgrading or adding tools, machinery or vehicles for the business.
- Small business owners financing IT, fit-out, or commercial fitout assets.
- Construction operators acquiring excavators, skid steers, or attachments.
- Agriculture operators financing tractors, headers, slashers, or irrigation equipment.
We run files across the majors and the specialists.
Different lenders price different combinations of asset, term and credit profile — that's the whole point of running a panel.
- Westpac
- CommBank
- ANZ
- NAB
- BOQ
- Pepper Money
- Capital Finance
- GoGetta
- Money3
- Liberty
- Plenti
- Firstmac
Three steps from quote to delivery.
- 01
Tell us the equipment
Make, model, year, intended use. New or used, dealer or private. ABN turnover and GST status.
- 02
Choose the structure
Chattel mortgage (own from day 1, claim GST upfront), hire purchase (own at end, GST per repayment), or operating lease (off-balance-sheet, return at end).
- 03
Approval and settlement
Most equipment files take 1–3 business days. Settlement direct to the dealer or vendor on receipt of tax invoice.
An absolute pleasure to work with Londy to secure finance for a critical piece of medical equipment for my practice. Highly professional from the start. Constant communication, every question answered. Trustworthy broker — sincere dedication to client satisfaction.
Common questions before you sign.
What's the difference between equipment finance and a business loan?
Equipment finance is secured against the equipment itself, so the rate is lower than an unsecured business loan. The lender uses the asset as collateral. A business loan is unsecured (or secured against other assets) and used for working capital, not asset purchase.
Can I finance second-hand or used equipment?
Yes. Most equipment lenders write used equipment up to a certain age, depending on the asset class. Used machinery typically caps at 7–10 years old at end of loan term. Older or specialised equipment goes to commercial specialists at slightly higher rates.
Do I need 2 years of business financials?
For full-doc finance, usually yes — last 2 years' financials and BAS. For low-doc finance (smaller deals up to about $250k), most lenders accept 6–12 months of business bank statements in lieu of financials.
Can I claim depreciation on equipment financed through a chattel mortgage?
Generally yes — under a chattel mortgage you own the equipment from day 1, so it appears on your balance sheet and you depreciate it. Talk to your accountant about the depreciation schedule (instant write-off thresholds, prime cost vs diminishing value).
What if I want to upgrade the equipment before the loan ends?
Most equipment loans allow early payout and refinance into a new asset. We coordinate the payout of the existing loan and the new equipment finance so the gap is minimised. Discharge fees vary by lender and structure.
Get a real rate from a real broker — usually back the same day.
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