Compare equipment finance with BrokerFi's calculator.
Calculate your repayments and compare options from 40+ lenders, with instant results and no impact to credit file.
Equipment finance options
Finance for the assets your business needs.
BrokerFi can help compare finance options for equipment, machinery, vehicles, tools and business assets.
Machinery and tools
Compare options for machinery, tools, plant, workshop equipment and operational assets.
Work vehicles
Explore finance for vans, utes, trucks and vehicles used for business operations.
Technology and IT
Get guidance on finance for computers, systems, software-related hardware and business technology.
Business assets
Finance equipment that supports growth, productivity, service delivery or cash flow needs.
How BrokerFi helps
A simpler way to compare equipment finance.
Equipment finance is not just about the asset. We help you understand lender options, structure and business requirements.
Compare asset lenders
Review finance options based on your business, equipment type and lender requirements.
Understand structures
Get clearer guidance on possible loan terms, repayments and asset finance structures.
Protect cash flow
Consider finance options that may help preserve working capital instead of paying upfront.
Get broker support
Speak with an expert Australian finance broker about your business equipment needs.
How equipment finance rates work
Equipment finance rates are influenced by several factors including your business credit profile, how long the business has been trading, and whether the equipment is new or used. Lenders will review the business's financial position and credit history to determine the rate they can offer.
Beyond the business itself, lenders will also assess your business financials, any existing business debts, and the details of the asset you want to finance. The type of equipment and its age can affect the loan terms available, as newer assets are generally viewed more favourably by lenders.
What affects your rate
- Business credit profile
- Trading history
- New vs used equipment
- Loan term
What lenders check
- Business financials
- Existing business debts
- Asset value and age
Compare equipment finance with BrokerFi
Finance equipment, machinery, vehicles and tools with flexible structures that help preserve working capital and support business operations.
Eligibility and documents
Know what equipment lenders may look for.
Every lender is different, but these are common features, eligibility points and documents for equipment finance applications.
Loan features
- Finance options for new and used equipment, machinery, vehicles and tools
- Structures may include chattel mortgage, lease or other asset finance options
- Repayment terms can be matched to lender criteria and asset type
- Guidance on asset details, lender requirements and business documentation
Eligibility
- ABN registered business
- Equipment or asset generally used for business purposes
- Visa applicants accepted, excluding student, temporary and bridging visas
- Business profile, affordability and asset details assessed by the lender
Documents
- ID documents such as licence and Medicare
- ABN or ACN registration details
- Business details and structure
- Equipment quote, invoice or asset details where available
Compare equipment finance through these lenders
FAQs
Common questions about equipment finance.
Related finance options
Looking at related finance options?
Explore other BrokerFi solutions that may suit your needs, goals, or next step.