Verified and reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 24 August 2026 · About Corey
What needed to be solved
The fabricator wanted to bring smaller cutting jobs in-house, but the selected machine was used and specialised, requiring more asset evidence than standard equipment.
Credit file
Strong business credit with no adverse history.
What X Lend did
X Lend found a commercial equipment lender that accepted the used machine after reviewing its condition, value and service history.
The 2021 cnc plasma cutting machine submission was matched to commercial equipment lender and moved from application to settlement in 4 business days.
Settled outcome
Approved on the first lender enquiry and settled at a historical rate of 11.1%. The machine was installed and smaller cutting jobs moved in-house.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Evidence supplied
- Supplier invoice
- Equipment inspection
- Service history
- Twelve months of business bank statements