Equipment Finance Australia
Equipment today, profits tomorrow.
The right gear makes work faster — one application, 80+ lenders, and finance for everything from excavators to espresso machines.
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Invest in the gear that pays off.
From excavators to espresso machines, the right equipment makes work easier, faster and more profitable. X Lend is a finance broker: we take one application and compare it across 80+ banks and non-bank lenders so you can fund the gear that grows the business and claim it at tax time.
We arrange finance for new and used equipment, dealer or private sale, and structure it as a chattel mortgage, hire purchase or rental to suit your cashflow and accountant's advice. That keeps your working capital free for wages, stock and the day-to-day.
Because we shop the whole panel, established ABNs can often access low-doc approvals without full financials, and specialised or used gear that a single bank might decline can still find a home. We keep it plain English and only lodge once you're ready.
Why finance equipment with X Lend.
80+ lenders, one application
We compare commercial and asset lenders in one go to match your equipment to the sharpest available rate.
Tax-effective structures
Chattel mortgage, hire purchase or rental, structured around your GST and depreciation position.
Low-doc to $500K
Established businesses can often finance significant gear without full financials.
New, used and private sales
We arrange finance for used and private-sale equipment, not just dealer purchases.
Protect cashflow
Spread the cost over the asset's working life instead of paying cash up front.
Fast settlement
Many equipment deals settle in 48 to 72 hours so the gear gets earning sooner.
What you can finance.
If it helps your business produce, we can usually finance it. We arrange finance for:
- Excavators, loaders and earthmoving plant
- Manufacturing and processing machinery
- Trade tools and workshop equipment
- Hospitality fit-outs and coffee machines
- Medical, dental and salon equipment
- IT, POS and office technology
- Agricultural and farm machinery
- Solar, refrigeration and HVAC systems
Who it suits — and who it doesn't.
A strong fit if…
- Trades and construction businesses upgrading excavators, plant and workshop gear
- Manufacturers and processors replacing or expanding production machinery
- Hospitality, medical and salon operators funding fit-outs and specialist equipment
- Established ABNs who want a low-doc approval without pulling together full financials
- Businesses buying used, auction or private-sale gear that a single bank might decline
Probably not the right tool if…
- Equipment for personal or hobby use — commercial equipment finance is for assets that work in the business
- Working capital with no asset attached — an unsecured business loan or line of credit usually fits that better
- Buyers who haven't settled on the gear yet — though we can arrange a pre-approval so you can shop with confidence
How the loan can be structured.
There's no single right way to fund equipment — the structure should follow your cashflow, your tax position and how long you'll keep the gear. These are the options we compare for you.
Chattel mortgage
You own the equipment from day one and the lender takes security over it. It's the most common structure for businesses that want to claim GST on the purchase and depreciate the asset — your accountant can confirm what applies to you.
Finance lease
The lender owns the gear and you lease it for a fixed term, usually with options to buy, extend or return at the end. Suits businesses that prefer predictable payments and regular equipment upgrades.
Rent-to-own and hire purchase
You make payments toward eventual ownership, with the asset transferring once the final payment is made. Handy where lender policy or your accounting treatment makes outright ownership less attractive up front.
Balloon and residual payments
A lump sum left to the end of the term lowers the monthly repayment while the gear is out earning. Balloon sizes vary by lender and asset, and we'll model the trade-off before you commit.
Low-doc vs full-doc
Low-doc approvals lean on your trading history and the asset's strength rather than full financials, while full-doc applications typically unlock sharper rates and larger amounts. We'll tell you which way your file reads best.
Terms, deposits and asset age
Terms typically run one to seven years depending on the lender and the asset's working life. Many lenders fund gear with no deposit; older or specialised equipment sometimes needs a deposit or a shorter term to fit policy.
What lenders look for — and what to have ready.
Every lender weighs things a little differently — that's the point of comparing 80+ of them — but most look at the same fundamentals.
Typical lender criteria
- ABN age and GST registration — many lenders prefer an ABN that's been active for a while, though some will back newer businesses
- Time trading and the consistency of income through your business bank account
- The asset itself — type, condition and how old it will be at the end of the term
- Credit history of the business and its directors, including any past defaults
- Deposit or property backing, which can strengthen larger or borderline applications
- Your existing finance commitments and how much exposure you already carry
Documents to have ready
- Driver licence for each director or applicant
- ABN and GST registration details
- Recent business bank statements — usually the last few months
- Supplier invoice or dealer quote for the equipment
- For private sales: the seller's details, proof of ownership and an inspection where the lender requires one
- For full-doc applications: recent financials or BAS — low-doc options often skip these for established ABNs
Approved in four simple steps.
Speed wins. Most applications get a decision the same day and funds within 24 to 72 hours.
- 01
Enquire
Send us a few details — no documents needed to start. We tell you what's possible within hours, not days.
- 02
We Find Your Lender
We compare your deal across 80+ lenders and match it to the ones most likely to approve it at the sharpest rate.
- 03
Lender Approval
We package and submit your application, negotiate the terms, and come back to you with a clear approval.
- 04
Settlement
We handle the paperwork, get your documents signed, and your loan settles — funds released to you or the seller.
Why applications get declined — and what we do about it.
A knock-back from one lender is rarely the end of it. These are the common reasons equipment deals stall — and how we reposition them. No outcome is ever guaranteed, but the right lender match makes a real difference.
ABN too new for that lender's policy
Some lenders want years of trading behind an ABN; others will weight industry experience, contracts in hand or a deposit instead. We move the application to a lender whose policy fits your actual story.
Asset too old at the end of the term
Each lender caps how old gear can be when the term finishes. A shorter term, a lender with a more flexible age policy or a slightly newer replacement asset usually solves it.
Paper defaults from a busy year
A small telco or trade default from a flat-out period doesn't have to sink the deal. Some lenders will look past explained paper defaults, especially with clean recent conduct.
Cash-heavy trading that's hard to evidence
If your bank statements don't show the full picture, we look at lenders that accept accountant-prepared figures or take a low-doc view of an established ABN.
Overexposure to one lender
If your current bank already holds most of your finance, it may simply be full on your business. We place the new equipment with a different lender on the panel.
Common questions, straight answers.
We're a finance broker: we compare 80+ banks and non-bank lenders and place your equipment finance with the best fit.
Yes. Many of our lenders fund used and private-sale equipment. We verify the gear and structure the deal so it settles cleanly.
Often, yes. Established ABNs can frequently access low-doc options up to set limits. We match you to lenders comfortable with your trading history.
It can be. Depending on the structure, you may be able to claim depreciation and the GST on the purchase. We'll explain the options so you can confirm the detail with your accountant.
Many equipment deals get a same-day decision and settle within 48 to 72 hours once documents are in.
It depends on the lender and the asset class. Most lenders care about the asset's age at the end of the term rather than at purchase, so a shorter term can bring older gear inside policy. Because age policies vary widely across the panel, well-maintained older equipment can usually still find a home.
Yes, many lenders fund auction purchases. The key is timing — auction houses want prompt settlement, so it pays to arrange a pre-approval before you bid. We'll line the finance up so you can bid with confidence.
Typically, yes — most lenders will finance the full purchase price including GST. Depending on your structure and registration, you may then be able to claim the GST back on your next BAS, and some businesses use that to pay down the loan. Your accountant can confirm what applies to you.
Often, yes. Where attachments, delivery and installation appear on the supplier invoice, many lenders will wrap them into the equipment loan so the whole working setup is funded in one facility.
Keep exploring
Production and processing plant, from CNC machines to packaging lines.
Excavator finance →Diggers and earthmoving plant, new and used.
Forklift finance →Warehouse and yard equipment for busy operations.
Agricultural equipment finance →Tractors, headers and farm machinery, structured around seasonal income.
Truck finance →Prime movers, rigids and trailers to move what your gear produces.
Borrowing power calculator →Get a feel for what the business could fund before you apply.
Reviewed by Corey Marino — Founder & Finance Broker, FBAA & AFCA member
Last reviewed 13 July 2026 · About Corey →