Equipment Finance
Hoists, wheel aligners, diagnostic scanners, compressors and tooling, the gear that keeps the bays turning.
View finance optionsAutomotive & Mechanical Finance
Hoists, diagnostic gear, tow trucks and fitouts, we compare 80+ lenders to kit out your workshop and keep the bays full.
80+ lender panelBanks and specialist lenders
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Empty bays don't pay the rent.
A workshop only earns when the bays are full and the gear works, a dead hoist, an outdated scan tool, or a fitout you can't afford to finish all cost you jobs. X Lend is a finance broker: we compare a panel of 80+ banks and nonbank lenders and arrange the finance so you can kit out and grow without tying up your cash.
Banks treat every small workshop the same and move slowly. We match your situation, including low doc and alternative-document options, to lenders who understand automotive businesses: specialised equipment, steady bookings, and the cashflow swings of a trade that bills as it fixes.
From a single hoist or diagnostic unit to a full workshop fitout or a tow truck, we structure the finance around your cashflow and tax position (chattel mortgage, hire purchase or rental) and coordinate the application with the lender. You stay under the bonnet; we handle the paperwork.
What workshops and mechanics finance with us.
Most workshop and vehicle costs can be financed, freeing your cash for parts and wages. The common ones:
Vehicle Finance
Tow trucks, courtesy cars and service vehicles, new, used, dealer or private, built for your business.
View finance options
Truck Finance
Tilt trays, tow trucks and recovery vehicles to add a mobile or roadside arm to your workshop.
View finance optionsUnsecured Business Loans
Working capital for a fitout, a second site or a stock up on parts, no property security.
View finance optionsCashflow Finance
Cover parts, wages and tax through the gap between doing the work and getting paid for it.
View finance optionsLines of Credit
A standing buffer you draw on for parts runs and quiet weeks, interest only on what you use.
View finance optionsWhy workshops use a broker instead of their bank.
One broker to compare our panel of 80+ banks and specialist lenders.
Talk through your options80+ lenders, one application
We compare banks and specialist asset lenders in one go to find the sharpest rate on workshop gear.
Low doc and ABN only
Established ABNs can often finance equipment without full financials, quick and light on paperwork.
Same day decisions
Get the hoist or scan tool in this week, your broker checks the lender timeline and outstanding conditions.
They know specialised gear
We match you to lenders comfortable funding trade-specific equipment across the full range of workshop assets.
Tax effective structures
Chattel mortgage, hire purchase or rental, structured around your GST and depreciation position.
You stay on the tools
We handle the lender, the paperwork and the settlement so you can keep the bays moving.
Make the next move.
Know the full picture.
The right finance should support the work ahead. Compare what it makes possible with the cost and commitment of borrowing.
What finance can help with
Put the right gear to work
Access vehicles and equipment for new contracts, replacements or a growing workload.
Keep cash available for the job
Spread an eligible purchase over time while keeping a buffer for wages, materials and operating costs.
Reduce avoidable downtime
Replace unreliable assets when the cost of repairs and lost working time starts adding up.
What to weigh up
Look beyond the repayment
Compare interest, fees and any final balloon payment alongside the total amount you will repay.
Allow for quieter periods
Repayments continue when work slows or customers pay late. Check the commitment against your cashflow.
Compare buying now with waiting
Weigh repair costs and missed work against the cost of finance. Paying cash also reduces your available buffer.
Build the workshop budget around usable capacity.
The plant model code treats machinery safety across installation, use and maintenance. Workshop equipment such as hoists needs appropriate assessment, operating information and inspection arrangements.
Safe Work Australia: managing plant risks (November 2024)What to prepare for your finance discussion
Compare an extra hoist or diagnostic system with available floor space, technician capacity and the jobs it can actually support. Include installation, calibration, subscriptions and maintenance. The finance discussion should start with the complete project cost and expected workshop cashflow.
- Equipment specifications and installation quote
- Workshop layout and required services
- Trading statements and a realistic additional-job forecast
Source checked 5 September 2026. These planning points explain how to prepare; lender requirements and regulatory obligations depend on your circumstances.
Your questions, answered.
Get clear on eligibility, paperwork and the next steps before you apply.
Ask a brokerAre you a lender or a broker?
We're a finance broker: we compare a panel of 80+ banks and nonbank lenders and arrange the finance with the one that best fits your workshop.
Can I finance a full workshop fitout?
Yes. We can arrange finance across the whole fitout, hoists, tooling, compressors and diagnostic gear, often under one facility structured around your cashflow.
Can I finance equipment with just an ABN?
Often, yes. Established ABNs can frequently access low doc finance for workshop equipment and vehicles without full financials. We match you to lenders comfortable with your trading history.
Can I finance used equipment or a tow truck?
Yes. We arrange finance for used and private sale equipment and vehicles, handling the checks so the deal settles cleanly.
Will an enquiry affect my credit?
Getting an indicative quote doesn't touch your credit file. A formal application involves a credit check, but we only lodge once you're happy to proceed.
See how it worked
for other businesses.
View all case studies
$150,000 settled
Workshop equity released after the existing bank declined
Approved on the first lender enquiry and settled at a historical rate of 8.65%. The existing loan was refinanced and $150,000 released for the workshop and cash buffer.
Read case study