Equipment Finance

Commercial equipment finance helps Australian businesses purchase the machinery and equipment they need without paying the full purchase price upfront. Whether you’re investing in construction equipment, earthmoving machinery, agricultural equipment, medical technology or office fit-outs, financing allows you to preserve working capital while continuing to grow your business.

Unlike a traditional business loan, commercial equipment financing is designed specifically for purchasing business assets.

Types of equipment finance

There are several ways to structure equipment finance depending on the asset, your business and how you want to manage ownership and repayments.

Chattel mortgage

A chattel mortgage allows your business to own the equipment from the outset while the lender takes a mortgage over the asset as security.

Finance lease

With a finance lease, the lender purchases the equipment and leases it to your business for an agreed term and repayment amount.

Commercial hire purchase

A commercial hire purchase allows your business to use the equipment while making regular repayments, with ownership transferring once the agreed terms have been met.

Choosing the right equipment finance solution

The right equipment finance solution isn’t determined by the best equipment loan rate available. The total cost of finance, repayment structure, loan term, asset being purchased and impact on business cash flow should all be considered.

As an experienced equipment finance broker, we can compare lenders and finance structures based on your business, industry and the equipment you’re purchasing.

At AGM Finance, we help Australian businesses arrange finance for individual equipment purchases through to multiple business assets. With access to a broad lender panel, our team can compare suitable options and structure finance around your business requirements across Brisbane, Sunshine Coast, Sydney, Melbourne, Canberra, Adelaide, and Perth.