Equipment Loans and Asset Finance for Australian Businesses
Upgrade or replace business equipment while helping preserve cash flow, subject to lender approval and eligibility criteria.
What is equipment finance?
Equipment finance, also called asset finance, helps businesses buy or refinance eligible assets such as machinery, vehicles, tools, technology, fit-out items, office equipment or heavy equipment.
Why finance equipment?
Businesses often finance equipment to preserve working capital, replace unreliable gear, expand capacity, improve productivity or take on new contracts.
New and used assets
Lenders may consider new or used equipment depending on the asset type, age, condition, supplier, valuation and business circumstances.
What lenders may assess
Lenders may review trading history, bank statements, revenue, credit profile, asset details, repayment capacity and whether the equipment suits the business purpose.
Equipment types Loanster may help with
- Business vehicles, utes, vans and trailers.
- Tools, plant, machinery and yellow goods.
- Medical, hospitality, office and technology equipment.
- Replacement assets that reduce downtime or support growth.
For broader working capital needs, you may also want to review business loan options.
Common equipment finance questions
Can funding be fast?
Funding may move quickly for eligible applicants when asset details and documents are ready. Timing varies by lender and settlement requirements.
Is paying upfront better?
Paying upfront may reduce finance costs, while equipment finance may preserve cash flow. The right choice depends on cash position, tax advice and business plans.
What documents may be needed?
Lenders may ask for ID, ABN or business details, bank statements, asset invoice or quote, financial records and existing debt details.
Last reviewed: 16 May 2026