Plant and machinery finance
- Earthmoving Equipment
- Manufacturing Plants
- Construction Machinery
- Agricultural Equipment
- Mining Machinery
Key takeaways
Borrow up to 100% of the plant or machinery value
Loan terms up to 7 years; $20k to $20m+
Competitive rates and low doc approvals possible
From $20k to $20m+ or more
What is Plant and Machinery Finance?
Plant and machinery finance is specifically designed to help business owners acquire the equipment they need to run and grow their operations in industries such as construction, agriculture, mining, and manufacturing.
It allows you to borrow up to 100% of the plant or machinery price (new or used), using the equipment as security against the loan. With set interest rates and repayment periods, this lending option can cover a wide range of equipment purchases, from excavators and tractors to mining equipment and production lines, while also potentially offering tax advantages (speak to your financial advisor). Increasingly we are also seeing business owners in the forestry, sustainability and healthcare sectors take advantage of this type of financing.
This lending product is well suited to all types of businesses that rely on heavy equipment, from small contractors to large operations.
Who qualifies?
To be eligible for plant and machinery finance, you generally need to:
- Have an active ABN
- Be a tax resident (Australia)
- Equipment must be for business use (mainly)
- Demonstrate the ability to repay the loan
Book a meeting with our expert team to talk through your plant and machinery finance needs, rates and repayments.
Nadine Connell
Commercial Finance Broker
Key benefits of
Plant and machinery finance
Key benefits of [aoran_span] Plant and machinery finance[/aoran_span]
Common Features of
Plant and machinery finance
Loan Rates and Terms
There are a number of factors that lenders consider when setting interest rates and terms for potential borrowers.
These can include:
- How much you want to borrow
- What type of plant or machinery you want to buy
- Whether the equipment is new or used
- Whether you want to buy or lease
- Your business revenue and credit history
- The term of the loan
- The industry you operate in
To find out what rates and terms are available to you, speak to our expert lending team, who can walk you through the different options depending on your unique needs.
We get you the best business finance
from our marketplace of 60+ lenders
Not just your commercial finance broker.
Your business partner for the long haul.
Over the past 15 years Nadine and Chris have had the privilege to help more than 3,300 Australian business owners realise their business goals.
Everyone’s situation and needs are unique. That’s why we offer personalised commercial finance broker and planning services, designed to ensure you get the right type of business finance with the best rates and terms possible.
What’s more, as our client you’ll also get access to all the experience and knowledge of our team – helping you succeed long term. Together.
Why Work with Us?
We’ve had the privilege of helping more than 3,300 Australian business owners over the past 15 years, and we’d love to help you grow your trucking business as well.
Personalised service
We get to know you and your business, your goals and situation, and offer our expert advice on truck lending products that might best fit your needs.
Strategic view
We take a holistic view of your business goals, ensuring a decision to take on truck finance is considered against your financial situation and other needs.
Quick access
We work with lenders to ensure fast application processes and access to your funds. Expert help: We are here to guide you all the way through the process, making sure your application process runs smoothly.
Frequently asked questions
-
The business assets being financed themselves are typically the only security needed.
-
-
-
-
-
-
-
Have a question? Just ask!
One of our lending specialists will be in touch
