Equipment Finance

At A Class Business Finance, we know that having the right equipment is essential for business success. Whether you’re upgrading machinery, expanding your fleet, or investing in the latest technology, securing the right finance solution for acquiring business equipment can make all the difference. That’s where we come in.

With access to a wide panel of lenders, we provide flexible and competitive equipment finance solutions tailored to your business needs. A commercial loan can be a financial solution for acquiring necessary equipment, particularly when cash flow is limited. From small businesses to large enterprises, we help you secure funding with fast approvals, competitive rates, and minimal hassle, so you can focus on what matters most—growing your business.

When considering an equipment purchase, we offer various financing options such as loans, leases, or hire purchase agreements to meet your business needs.

What is Equipment Finance?

Equipment finance is a type of commercial finance that allows businesses to acquire new or used equipment, vehicles, or machinery without paying the full purchase price upfront. This financial solution provides a flexible and affordable way to manage cash flow while investing in essential business assets. Equipment finance options include loans, leases, and hire purchase agreements, which can be tailored to meet the specific needs of a business. By leveraging equipment finance, businesses can ensure they have the necessary tools to operate efficiently and competitively.

Benefits of Equipment Finance

Equipment finance offers several benefits to businesses, including:

• Improved Cash Flow: By spreading the cost of equipment over a loan term, businesses can conserve cash reserves and allocate funds to other areas of the business.

• Flexibility: Equipment finance options can be customized to suit the needs of a business, including the type of equipment, loan term, and repayment schedule.

• Tax Benefits: Businesses may be eligible for tax deductions on equipment finance, including depreciation and interest expenses.

• Access to New Equipment: Equipment finance enables businesses to acquire new or used equipment, which can improve productivity, efficiency, and competitiveness.

Types of Equipment Finance

There are several types of equipment finance options available to businesses, including:

• Chattel Mortgage: A type of loan that allows businesses to own equipment while making regular repayments. This option provides immediate ownership and potential tax benefits.

• Hire Purchase Agreement: A type of finance that allows businesses to use equipment while paying for it over time, with the option to purchase the equipment at the end of the agreement. This is ideal for businesses looking to spread the cost over a period.

• Lease: A type of finance that allows businesses to use equipment for a set period, with the option to purchase the equipment at the end of the lease. This option helps businesses avoid large upfront costs and manage cash flow effectively.

• Equipment Loan: A type of loan that allows businesses to borrow money to purchase equipment, with regular repayments over a set loan term. This option provides flexibility in terms of repayment schedules and loan terms.

Flexible Equipment Finance Options

We offer a range of equipment finance solutions to suit different business structures and cash flow needs: Balloon payments can reduce monthly financial burdens by deferring a substantial lump sum to the end of the loan term, though they may lead to higher overall interest payments.

✅ Chattel Mortgage – Ideal for businesses looking to own the asset from day one, with tax benefits and GST claims available.

✅ Hire Purchase – Spread the cost of equipment over time, with ownership transferring upon final payment. This option allows for manageable monthly repayments, helping businesses manage cash flow effectively.

✅ Finance Lease – Use the equipment without tying up capital, with the option to purchase at the end of the lease term.

✅ Operating Lease & Rental – Keep up with technology advancements and avoid depreciation risks with flexible leasing options.

Industries We Support

We specialize in equipment finance across a range of industries, including:

🔹 Construction & Earthmoving – Excavators, bobcats, loaders, cranes & more.

🔹 Transport & Logistics – Trucks, trailers, forklifts & fleet vehicles.

🔹 Medical & Healthcare – Diagnostic equipment, dental chairs & medical imaging.

🔹 Agriculture & Farming – Tractors, headers, harvesters & irrigation systems.

🔹 Manufacturing & Engineering – CNC machines, robotics & production lines.

🔹 Technology & IT – Servers, software, and office technology.

🔹 And so many more!

Tax Benefits of Equipment Finance

Equipment finance can provide tax benefits to businesses, including:

• Depreciation: Businesses can claim depreciation on equipment finance, which can reduce taxable income.

• Interest Expenses: Businesses can claim interest expenses on equipment finance, which can reduce taxable income.

• GST Credits: Businesses may be eligible for GST credits on equipment finance, which can reduce the cost of acquiring equipment.

Note: The information provided is general in nature and may not be applicable to all businesses. It’s recommended to consult with a financial advisor or tax professional to determine the specific tax benefits of equipment finance for your business.

Finance for New or Used Equipment

✔ Tailored Solutions – We take the time to understand your business and find the right finance option. Understanding your personal details, such as work history, income, and expenses, is crucial for creating tailored financial solutions.

✔ Wide Lender Network – Access to an extensive range of lenders for the best rates & terms.

✔ Fast & Hassle-Free Approvals – Get the finance you need, when you need it.

✔ Industry Expertise – Over 15 years of experience helping businesses secure the right funding.

Improve Cash Flow - Get Started Today

Ready to secure the right equipment finance for your business?

Click on your industry below to learn more, or contact us today for a no-obligation consultation with one of our finance specialists.