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I'm looking to Organise business finance and and I have found equipment I want to buy
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Equipment finance

Equipment finance can help you purchase assets without eroding your working capital. It is a popular form of finance for businesses that want to better manage their cash flow.



Equip your business

No matter whether you’re just starting out in self-employment, or you have an established business enjoying strong growth, chances are at some stage you’re going to need new equipment. Mortgage Choice can help you work out the best finance options to fund this equipment - from espresso machines for cafés to the latest tools for tradies.

Watch this short video to find out more.

Uses of equipment finance

Using this form of finance removes the need to spend large sums on equipment by enabling you to essentially rent or lease items over a set period of the contract.

This form of finance can be used to acquire a range of expensive equipment, such as vehicles, forklifts, IT hardware, telephony systems, industrial machinery and other forms of plant and assets. This finance does not cover trade and operating expenses or property.

Equipment finance is particularly helpful for businesses that want to manage their cash flow, and finance companies may take into account seasonal cash flow variation when creating a finance payment plan.

Choose the right arrangement

Various types of equipment finance are available, including hire purchase, finance leases and equipment loans.

Hire purchase will suit a business that wants to eventually own the assets outright, although the finance provider owns the equipment until the contract is paid out. A deposit is usually not required.

An equipment finance lease is similar to a hire purchase arrangement, but rather than making payments with the goal of owning the equipment, the business negotiates a new arrangement at the end of the lease contract, and either continues leasing the existing item or opts to lease a new item. This enables a business to have access to the latest equipment without constantly spending capital.

Another option is an equipment loan (sometimes known as a chattel mortgage), which is a fixed interest loan secured by a mortgage over the asset. This arrangement has some tax advantages, in that GST is not paid on loan repayments.

Wide choice of equipment finance lenders

Your local Mortgage Choice broker can guide you and give you the information you need to find the right equipment finance package for your needs. We offer a wide choice of lenders to find you a great deal on equipment finance for your business.~


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Your local Mortgage Choice broker can guide you and give you the information you need to find the right equipment finance package for your needs. We offer a wide choice of lenders to find you a great deal on equipment finance for your business.

What our customers say


"Our Mortgage Choice broker was fantastic – absolutely brilliant. He was very creative in solving financial problems and he handled all the paperwork on our behalf. Our broker secured a business purchase loan and short term finance for the equipment we needed. I knew Mortgage Choice were very good when it came to home loans but I was really impressed with the skill and knowledge our broker had when it came to business finance. I would absolutely recommend Mortgage Choice to business owners looking for asset finance options."


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Ross Berry - Business owner

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