Equipment finance, asset by asset
Chattel mortgage, lease, hire purchase, and rental. We pick the structure for the asset's working life and the way it shows up on the balance sheet.
Quick repayment estimate
Move the sliders to see how rate, term, and amount move the monthly figure. Hypothetical: this is not a quote.
Rates last updated: 21 February 2026. Not all products from all lenders are available.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.
Asset class shapes the finance
A 5-year-old excavator finances differently to a server rack or a dental chair. Working life, residual value, GST treatment, and resale market all change the lender shortlist. Pick the asset and the structure narrows itself.
Excavator Finance
Asset-class finance from $20K to $2M. Live rates sit with each lender.
- Finance from $20,000 to $2M+
- New and used excavators
- Chattel mortgage & hire purchase
Truck Finance
Asset-class finance from $15K to $500K. Live rates sit with each lender.
- Finance from $15,000 to $500K+
- New and used trucks
- All makes and models
Forklift Finance
Asset-class finance from $5K to $200K. Live rates sit with each lender.
- Finance from $5,000 to $200K
- Electric, LPG & diesel
- New and used forklifts
Medical Equipment Finance
Asset-class finance from $10K to $5M. Live rates sit with each lender.
- Finance from $10,000 to $5M+
- All medical specialties
- New and refurbished equipment
Crane Finance
Asset-class finance from $50K to $5M. Live rates sit with each lender.
- Finance from $50,000 to $5M+
- Mobile and tower cranes
- New and used equipment
Agricultural Equipment Finance
Asset-class finance from $10K to $2M. Live rates sit with each lender.
- Finance from $10,000 to $2M+
- All farm machinery
- Seasonal payment options
Chattel, lease, hire purchase, rental
Each structure puts the asset, the depreciation, and the GST in a different place. Chattel mortgage and hire purchase make you the legal/tax owner. Finance lease and operating lease leave the asset with the lessor. Get the structure right and the rate becomes a footnote.
Chattel Mortgage
Own the equipment from day one. Claim GST upfront and depreciation over time. Best for GST-registered businesses.
- Own the asset immediately
- Claim input tax credit (GST) upfront
- Claim interest and depreciation
- Balloon payments available
Hire Purchase
Pay off the equipment over time, with ownership transferring at the end. Spread GST across the loan term.
- Own at end of term
- GST spread across payments
- Claim interest and depreciation
- Fixed repayments
Operating Lease
Rent the equipment with 100% tax-deductible payments. Return, upgrade, or purchase at the end of term.
- 100% tax-deductible payments
- Off balance sheet financing
- Upgrade flexibility
- Return or purchase at end
Finance Lease
Similar to operating lease but with intention to purchase. Good for longer-term equipment needs.
- Lower monthly payments
- Residual payment at end
- Tax-deductible payments
- Ownership at end of term
Not sure which structure is right for you?
Speak to an ExpertEquipment finance, with the tax outcome built in
Asset finance is a tax decision as much as a finance decision. Chattel mortgage gets the asset on your balance sheet and lets you claim depreciation and the instant asset write-off. Operating lease leaves it off and treats payments as deductible expenses. Hire purchase sits in between. A broker who works with your accountant picks the structure that lands the depreciation, the GST, and the cashflow where you actually need them, then prices it across a panel of more than 50 specialist asset-finance lenders. Lender pays the broker on settlement; full disclosure in the Credit Guide.
24-Hour Approval
Get a decision fast so you can secure the equipment you need.
50+ Lenders
Access Australia's biggest panel of equipment broker specialists.
Tax Benefits
Structure your finance to maximise deductions and improve cash flow.
Expert Guidance
Dedicated equipment broker specialists guide you through every step.
Find a Broker
- 50+ asset-finance lenders on the panel
- Conditional decision typically 24 to 72 hours
- New and used equipment, including private sale
- $5,000 to $5M+ across most asset classes
- No fee to the borrower; lender pays commission on settlement
Common Scenarios
Equipment finance scenarios, including Chinese EV brands, used machinery, and asset structures explained.
Needed an excavator urgently for a new contract. The broker match got me approved in 24 hours with a great rate. Couldn't have done it without them.
Financed our entire warehouse forklift fleet through the broker partner. Professional, fast, and the rate was better than our bank offered.
As a new business, I thought equipment finance would be hard. They found a lender who understood my situation and got me sorted.
- NewsEquipment finance and EOFY 2026: making the instant asset write-off work without breaking cash flow
- NewsBudget 2026: the $20,000 instant asset write-off is now permanent. What it means for SMEs.
- BlogEOFY 2026 Business Finance Checklist: Instant Asset Write-Off, Equipment Finance & Tax Timing
- BlogInstant Asset Write-Off 2026: What Small Businesses Need to Know
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.
Equipment Finance FAQs
What types of equipment can I finance?
What's the difference between chattel mortgage and operating lease?
Can I get equipment finance with bad credit?
How much deposit do I need?
Can I finance used equipment?
How long does approval take?
Ready to Finance Your Equipment?
Tell us your situation. The broker network will return with options that fit. Our equipment broker specialists are standing by.