Replace what is costing you
Old equipment can create downtime, repair bills and missed commitments. Compare the cost of continuing with the cost and term of replacement finance.
Equipment and machinery finance
Finance equipment around the work it needs to do.
Replacing a failing machine, adding capacity or buying the tools for a new contract can move the business forward. The finance still needs to work after the equipment arrives.
The decision in front of you
What changes if you buy it now?
The useful case for equipment finance connects the asset to a practical business result. That could mean replacing unreliable equipment, reducing outsourced work, taking on work you currently turn away or protecting cash needed for normal operations.
Add capacity for defined work
A signed contract or visible order pipeline gives the broker useful context. Forecast demand alone does not guarantee that a new asset will pay for itself.
Keep operating cash available
Financing may preserve cash for wages, stock and overheads. The repayment still becomes a fixed call on future cash.
Buy new, used or refinance
Asset age, condition, supplier, ownership and existing finance can affect the lender and structure available.
Before you apply
Bring the asset and the business case together.
An accredited broker may ask for different documents depending on the amount, asset and business. These are common starting points.
- Supplier quote or asset description
- New or used status and expected purchase date
- ABN, trading history and business structure
- Recent bank statements or financial information
- Existing asset finance and monthly commitments
- Deposit or trade-in details, if any
- The work or operating need the equipment supports
- Any time limit set by the supplier or contract
A balanced check
Finance may solve the purchase, but not the underlying problem.
The case is clearer when
- the asset has a defined operational use;
- you understand the full purchase and running cost;
- repayments fit a realistic cash forecast; and
- you have allowed for installation, training and downtime.
Pause when
- the purchase depends on work you have not yet won;
- the business is already missing existing repayments;
- you cannot see where the deposit and running costs will come from; or
- the asset treats a symptom of a wider margin or cash problem.
How it works
Start through INFIN8. Review the detail before committing.
Submit the asset details
Choose equipment finance in the INFIN8 finance enquiry and enter the initial business and asset information.
Work through the options
An accredited broker reviews the request and explains the documents, lenders and structures that may be relevant.
Decide with the costs visible
Review the rate, fees, term, repayment, security and early-payout conditions before you proceed.
Common questions
Equipment finance questions owners ask.
Can used equipment be financed?
It may be possible. The asset age, condition, seller and valuation can affect the lenders and terms available.
Do I need a deposit?
That depends on the asset, amount, business profile and lender. A low- or no-deposit option should not be treated as guaranteed.
Can I claim a tax deduction?
Tax treatment depends on the structure and your circumstances. Ask your tax adviser before relying on any deduction or GST outcome.
Will the asset secure the finance?
Often the asset forms part of the security, but a lender may require other security or guarantees. The broker will explain the proposed structure.
Ready to put the asset in front of a broker?
Start the enquiry through INFIN8. You can review the proposed costs and terms before deciding whether to proceed.