In most cases there is no upfront cost to clients, commission is paid to brokers via the lender.

Financing is not just limited to new equipment; used machinery can also be financed, which provides a cost-effective solution for businesses needing high-quality equipment at a lower cost. There are no age limits to assets that can be financed.

Yes – as long as you have industry experience we have a range of solutions for you.

Vehicle & Machinery interest rates, typically range from 6% to 14% and are influenced by several key factors. The age of asset, your credit score and length of time in business significantly affects the rate, with newer assets, higher credit scores and more than two years trading, often securing lower rates.

Newer assets generally come with better rates due to lower risk of them breaking down. Additionally, banks and other lenders offer varying rates based on their individual appetite and market conditions which change all the time. Staying informed about these factors via a specialist broker helps you secure the best financing options for your vehicle & equipment needs.

Financing offers several advantages over buying outright. Immediate Ownership is not a concern; you can drive the vehicle right away without saving up for the full purchase price. Spread Payments to break down costs into manageable monthly instalments, preserving savings for emergencies or other investments. This flexibility also grants access to Better Models, allowing you to afford newer or higher-end vehicles than you might purchase outright. Additionally, financing can help Build Credit when managed responsibly, as consistent payments contribute positively to your credit score over time.

Having up-to-date financials can open the door to lower priced lending however it is not a requirement. We have a large range of low and lite doc products where financials aren’t required at very competitive pricing.

Yes – we have a wide range of low doc or light doc options which essentially means you don’t necessarily need financials to obtain finance if your overall profile is ok.

Yes – Private sales are fine and very common. There can be a few extra steps involved however we take care of this for you.

Credit Score: Higher credit scores usually get lower interest rates.
Loan Amount and Term: Larger loans or longer terms might have lower rates.
Type of Equipment: Newer equipment or machinery might get better rates than older models.
Length of time trading: A business operating more than 2 years, typically receives lower pricing.
Sale Type: Purchasing via a dealership instead of a private seller might result in lower rates.

This depends on the best lender option for you and loan sizes. Some loans can be approved and settled within 1 business day, others may take 2-3 days. The difference largely depends on the loan size and the type of lender we go with – it’s often the case where major bank lending at lower pricing, takes a little longer than digital lenders that are more expensive.

The amount you can borrow depends on your creditworthiness, the value of the equipment, your business’s financial situation, and the lender’s criteria. We can help determine this during a call.

If you are a property owner or have up-to-date financials, a deposit isn’t typically required. If you are not a property owner and don’t have financials, a minimum 20% deposit is typically required to access low doc lending.