A few quick questions. About 2 minutes.
Check your equipment finance options
Answer a few quick questions and see your estimated repayments.
- No credit check at this step
- Free, no obligation
- One licensed broker
- Only vetted, licensed brokers
- A broker calls within one business day
- The broker handles the application
Machinery, medical, hospitality, IT and more, new or used. Your Finance Guide connects you with one licensed broker who compares equipment lenders for you and calls within one business day.
What are you financing?
Pick the closest match.
Free matching, no obligation and no credit check at this step.
How it works
Step 1: Answer a few quick questions
The equipment, the amount, new or used, and your business on the ABN register. About 2 minutes.
Step 2: See your estimated repayments
Confirm your mobile and they appear straight away.
Step 3: Talk to one licensed broker
They call within one business day, compare lenders and give you your actual rate. No obligation.
See your estimated repayments
Start nowEquipment finance: common questions
What is equipment finance?
A loan for machinery, plant or equipment the business uses, with the equipment as the security. Because the lender can take the equipment back, it usually costs less than an unsecured business loan, and it is often approved from your ABN history, credit file and the quote. The business pays it off over one to seven years.
Do you arrange leases?
No. This service is for loans: a chattel mortgage, where the business owns the equipment from day one, or a hire purchase, where ownership passes with the last payment. If the business is registered for GST, the GST in the price may be claimable on the next BAS; check with your accountant.
Can I finance used equipment or a private sale?
Yes. Most lenders finance used equipment while it is inside their age limit at the end of the term, commonly 10 to 15 years. Used and private-sale equipment usually costs a little more than new from a dealer, and a private sale adds an inspection and a check for finance owing.
What do lenders look for?
An active ABN (two years or more opens the most lenders), GST registration for larger amounts, a clean credit file, and the quote or invoice. Newer businesses, older equipment and imperfect credit are still fundable, usually with a deposit or a specialist lender.
Will this affect my credit score?
No. Your answers only decide which broker should call you. A credit enquiry happens only when you choose to apply with a lender.
How does Your Finance Guide make money?
Licensed brokers who meet our criteria pay Your Finance Guide a partnership fee to receive enquiries from this site. The fee is paid by the broker, not by you, and is not added to your loan. You never pay us. Brokers are usually also paid a commission by the lender when a loan settles, so ask the broker you speak with how they are paid. Full details are in our Credit Guide.
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