Equipment Finance Broker

Why Rate Challenge for equipment finance

You need a broker who treats machinery, plant and vehicles like business-critical assets — not just another loan. We run a rate challenge across the panel, then shape the term and balloon so repayments fit seasonality and resale value. We handle private sales, valuations, PPSR, inspections and supplier coordination. You get one clean checklist and a single point of contact through settlement.

As an equipment finance specialist, we speak the language of excavators, forklifts, rigids and CNC. We explain chattel mortgage vs hire purchase vs finance lease in plain English, outline tax conversations to have with your accountant (e.g., claiming GST credits), and flag residual guidelines early so there are no surprises. If you’re weighing an operating lease or rental for fast-evolving tech, we’ll map refresh cycles and exit paths up front.

We’re regularly asked for equipment finance brokers who can manage multi-asset purchases across different suppliers. Our approach: one structure, staged settlements and clear vendor instructions. Whether you’re upgrading a single prime mover or fitting out a new workshop, we’ll package the application around how your business actually runs — including shift changes, project milestones and delivery windows. For blended funding, we can pair asset finance with business loans so working capital isn’t squeezed.

Types of equipment financing (and when each works)

Chattel mortgage. Own the asset from day one and, if registered for GST, claim GST credits on purchase; interest and depreciation are typically deductible (seek advice). Good if you want ownership, straightforward early payouts and a residual sized to resale value.

Commercial hire purchase (CHP). Similar cash-flow to chattel, with title transferring at the end. Some businesses prefer HP for accounting policy reasons; we map interest vs principal for true cost of funds, then line up a sensible balloon that keeps repayments calm during big projects.

Finance lease. You use the asset while the lender retains title; payments may be deductible to the business (seek advice). Residuals must meet guideline ranges. Useful for newer assets with reliable resale (access equipment, late-model trucks, medical, IT).

Operating lease / rental. Keep upgrades predictable without balance-sheet clutter. Great for technology, medical and POS. We can set a master facility so you add items as needed without repeated approvals.

Compare your options (side-by-side)

Feature	Chattel mortgage	Hire purchase	Finance lease	Operating lease
Ownership	Business owns day one	Title transfers at end	Lender holds title	Lender/lessor holds title
GST treatment	GST on purchase (credits may be claimable if registered)	GST on installments	GST on lease payments	GST on rentals
Tax/deductions	Interest + depreciation (seek advice)	Interest + depreciation (seek advice)	Lease payments (seek advice)	Rentals (seek advice)
Residual/balloon	Optional balloon sized to resale	Optional balloon	Residual must meet guidelines	No ownership; no residual
Best for	Owning core plant/vehicles	Similar to chattel with policy prefs	Assets with fast refresh cycles	Short-life tech & OPEX preference

Always confirm GST and deduction settings with your accountant. Helpful starts: Claiming GST credits and ATO depreciation overview.

Construction & commercial equipment (what we finance every week)

We arrange construction equipment finance Melbourne for earthmoving fleets, compact equipment and access gear. Expect fast PPSR checks and dealer/private-sale handling with photos, serials and hours verified. We’ll structure staged settlements when attachments or custom builds arrive weeks apart. For commercial equipment finance Melbourne, we fund CNC, fabrication, printing, signage, warehousing and materials handling with inspection and valuation baked into the timeline.

Transport operators rely on predictable repayments and smart balloons. We size residuals to realistic resale ranges and protect cash-flow on older assets by tightening terms. Agriculture needs seasonality; we’ll time settlements around harvest. Medical, dental and veterinary clients often prefer finance lease to keep technology fresh. Hospitality and retail fit-outs often blend equipment finance with small-ticket rentals so projects keep moving without choking working capital.

Equipment finance in Melbourne (and across Victoria)

If you’re searching for equipment finance Melbourne or equipment financing Melbourne, you’re likely weighing timing, documentation and whether to choose chattel mortgage over lease. We’ll price multiple lenders side-by-side, explain the trade-offs and show repayment scenarios with and without a balloon. For specialised assets, we shortlist lenders that actually like your category, age and hours so approval is realistic from the start. You can also sanity-check repayments with our repayment calculator.

What we need (docs) — full-doc vs alt-doc

Full-doc (best pricing): ABN, ID, most recent financials (company/trust/sole trader), BAS and bank statements, plus a quote or invoice. Private sales add photos, serials, PPSR and sometimes an independent valuation. We package the submission so credit sees the story the way you want it told.

Alt-doc (fast, early-stage or complex): ABN, ID, BAS or bank statements, and an accountant letter if needed. Expect tighter LVRs, capped asset ages and marginally higher rates. We keep the structure simple so the file moves quickly and your delivery window is safe.

Rates, terms & balloons — what really moves pricing

Lenders look at years in business, GST registration, asset class, age, usage and deposit/LVR. Terms usually run two to seven years. Balloons/residuals reduce repayments but increase interest over the term; the trick is sizing them to expected resale so you’re never upside-down at changeover. We’ll model tipping points and show the total cost of funds, not just the monthly.

How we run your deal

1) Quick triage: Fifteen minutes to confirm the asset, supplier, entity and delivery date. 2) Structure & shortlist: Chattel vs HP vs lease, with a realistic balloon. 3) Approval & settlement: We coordinate inspections, valuations and insurance. 4) Post-settlement: Review options for upgrades, residuals and refinancing when rates move.