Faster, Cheaper Heavy Equipment Loans for All Operators

Sometimes acquisitions of major machinery involve extensive planning and budgeting over a long period. At other times, where the acquisition is to replace a broken machine or to quickly update or enlarge the fleet to increase capacity, that timeframe is significantly reduced. Whatever your scenario, when the time arrives to obtain funding, most operators are not interested in wasting time. They want the funding arranged, the machine purchased and the operating to deliver returns for the business. We deliver faster machinery funding to suit all operators and at cheaper interest rates.

Compare Our Cheaper Rates on Heavy Equipment Finance

Major items of machinery are major acquisitions and achieving the cheapest interest rate can be crucial to affordability and the return on the investment. We work to find the cheapest rates from across the commercial lending sector to deliver a better outcome and a better return. Rates will vary with lenders, for individual applicants and on the credit facility. Buyers can refer to our current rates when preparing budgets and making comparisons. Request a quote based on your specifications and machinery for an exact figure.

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*The comparison rate shown is calculated based on a $30,000 loan for a 5 year term. The results derived using this calculator should be utilised for indicative purposes only. The repayments calculated are based on the advertised interest rates and do not include the charges and fees applicable by lenders. The results shown do not in any way represent a pre-approval or re-qualification for finance, they do not represent a finance quote. The exact details pertaining to your finance will be provided in any loan contract or offer. It is advised that those seeking loan quotes contact us directly so tailored advice can be provided.

Working With Easy for Cheaper Heavy Equipment Loans

Using our services to obtain machinery funding is a fast, simple process which can yield extremely advantageous outcomes. We are experts in commercial lending for large scale construction and mining machinery, yellow and wheeled goods and similar machines, an Australian owned and based company with over 25 years of experience. Expertise and experience which our customers can easily access by simply requesting a quote or submitting an application.

We have over 60 lenders in our lender panel which enables us to align each application with the most suitable lender. The lender that is suited to that type of operation, may have specialist expertise in a certain industry and provides affordable credit to that particular business profile.

While operators have vast choice in the commercial lending market, being in a position to identify and engage with the right lender can be a time-consuming and frustrating challenge. We handle all that on behalf of customers to ensure they get the best offer and they can use their time to concentrate on their own business.

We appreciate that time can be a factor in acquiring new machinery. Especially where it is a replacement unit or an additional machine to allow an expansion in capacity and output. Our fast funding procedure allows the purchase process to be expedited and the machinery functioning sooner.

Operators throughout Australia can utilise our services via our online portals and take full advantage of having specialists in commercial lending source their funding.

  • Heavy Equipment Finance Specialists.
  • Fast Heavy Equipment Loan service.
  • Cheaper finance sourced from 60+ lenders.
  • Australian owned and located heavy equipment financing services.
  • Yellow goods financing, wheeled goods financing.
  • Heavy equipment loans for all types of machines, all brands, new and used.
Choosing Ease for More Affordable Heavy Equipment Financing

All Types of Heavy Equipment Financing Facilities Available

There are no compromises made when using our services – not on quality expertise, cheaper interest rates and in having the full selection of credit facilities. Operators can select the right facility to suit their set-up and objectives from the complete portfolio of asset acquisition funding products.

If unsure as to which option will be best suited to your operation, speak with your accountant. The variations in facilities include with accounting methods, the way tax deductions are obtained and GST is claimed, the approach taken to the balance sheet and the interest rate.

While variations exist in the features of each facility, our quotes and offers will all have a fixed rate of interest, be arranged over a fixed term to deliver a fixed schedule of repayments. The relevant balloon, residual and buyback features are available.

  • Chattel Mortgage Heavy Equipment Finance.
  • Heavy Equipment Lease.
  • Rent-to-Own Heavy Equipment Loans.
  • Commercial Hire Purchase Heavy Equipment Loans.
  • Up to 7 years fixed terms.
  • Fixed interest rates, Fixed monthly payments.
  • Single machine loans, complete fleet upgrade financing.

Specialised Heavy Equipment Financing Choices

Specialist Heavy Equipment Financing Options – New, ABN, Self-employed Operators

As an Australian company, we know that many self-employed operators purchase wheeled and yellow goods to set up their own businesses. But at the outset, many can face issues in sourcing affordable funding to acquire the machinery needed to establish the operation. Those issues tend to relate to not having all the documentation, not trading for the minimum period and not meeting the minimum turnover criteria for credit approval.

We assist operators that are in those initial set-up phases or have been operating for a short period with access to specialist lenders that do approve credit without full financials. With our expertise and resources, cost-effective machinery funding at workable interest rates is a distinct possibility for many operators. Find out what we can obtain for you by requesting a quote today.

  • New Business Heavy Equipment Loans.
  • No Docs and Low Doc Heavy Equipment Finance.
  • ABN, Self-employed Heavy Equipment Financing.

Request a Heavy Equipment Loan Quote!

Find out exactly how fast and how cheap we can obtain machinery funding for your operation by requesting a quote now. If buying at auction or ordering at a field day, consider our pre-approved service.

Frequently Asked Questions
Heavy Equipment Financing

What is the best loan option for financing heavy equipment? FAQ Arrow

Business owners have the choice of Rent-to-Own, Leasing, Commercial Hire Purchase and Chattel Mortgage to fund machinery purchases. The best option is the one with features and benefits in line with the business structure, tax approach and objectives.

What is the interest rate on heavy equipment finance? FAQ Arrow

Interest rates vary with lenders and with individual applications. Lenders assess the application and consider the machinery when arriving at a rate offer. The best rates advertised by lenders may be used as a guide for planning.

I operate as a sole trader, can I get approved for a heavy equipment loan? FAQ Arrow

Sole traders that do not meet approval criteria for some banks and lenders may seek assistance from a broker or source lenders that offer sole trader credit and/or low doc options.

Are heavy equipment loans available for new businesses? FAQ Arrow

New businesses may not have the complete set of financials required for the standard commercial funding application form. If not approved by banks, operators can source no doc options from brokers and specialist lenders.

What tax deductions are available on heavy equipment finance? FAQ Arrow

Machinery is depreciated to realise a tax deduction with CHP and Chattel Mortgage. Interest is also deductible. The repayments on Rent-to-Own and Lease are a tax deduction.

Is a heavy equipment financing package for multiple machines available? FAQ Arrow

There are lenders that will arrange funding packages for multiple machine purchases. Operators may seek assistance from a broker to source appropriate lenders for this type of funding.

What are the loan options for financing second-hand heavy equipment? FAQ Arrow

Used machinery is funded with the same facilities are new goods. These are CHP, Chattel Mortgage, Lease and Rent-to-Own.

How do we work out heavy equipment loan repayments before requesting a quote? FAQ Arrow

Buyers can use an online calculator as provided by lenders to work out repayment estimates prior to making an application or requesting a quote.

Can I get a heavy equipment loan approved before ordering at a field day? FAQ Arrow

Yes. Applications for machinery funding can be approved ahead of purchase by estimated the amount required and providing an indication of the type of machinery to be funded.

What collateral will I need to put up to get approved for a heavy equipment loan? FAQ Arrow

The security required for commercial credit is subject to individual lender approval of each application. For many applications, the machinery being purchased would be accepted as the sole collateral for the credit. Some applicants will be required to provide additional security by way of property or assets.