Tailored
Business Equipment
Finance Solutions
Get the equipment your business needs without tying up working capital. Flexible terms, competitive rates and fast approvals for new or used equipment.
Accredited and trusted
We're proud members of leading industry bodies, ensuring you receive professional and tailored financial solutions.
FBAA Member
Finance Brokers Association of Australia
AFCA Member
Australian Financial Complaints Authority
FRANdata Partner
Franchise Industry Research & Analytics
Access to 70+ business lenders
We work with Australia's leading bank, non-bank and private lenders to find you competitive rates and terms for your business needs.
What is business equipment finance?
Business equipment finance helps you acquire the machinery, vehicles, and technology your business needs without using your working capital. Whether it's new or used equipment, we can structure a solution that fits your cash flow.
With flexible repayment terms and competitive rates, equipment finance allows you to spread the cost over time while the equipment generates revenue for your business.
Key Benefits
Discover why equipment finance is the smart choice for growing businesses.
Preserve Cash Flow
Keep your working capital available for day-to-day operations while acquiring essential equipment.
Asset Security
Equipment serves as security, often resulting in better rates than unsecured business loans.
Tax Benefits
Potential tax deductions on interest payments and depreciation benefits.
Flexible Terms
Choose repayment terms from 1-7 years to match your business cash flow and budget.
Fast Approval
Quick approval process with decisions typically within 24-48 hours.
100% Financing
Finance up to 100% of equipment value, including delivery and installation costs.
Business equipment finance at a glance
Equipment We Finance
We finance almost any business equipment across all industries - new or used.
Manufacturing Equipment
CNC machines, lathes, presses, conveyors, and production line equipment.
Agricultural Machinery
Tractors, harvesters, seeders, irrigation systems, and farm equipment.
Medical Equipment
Imaging machines, dental chairs, surgical equipment, and diagnostic tools.
Office & IT Equipment
Computers, servers, printers, phone systems, and office furniture.
Construction Equipment
Excavators, forklifts, scaffolding, concrete mixers, and power tools.
Hospitality Equipment
Commercial ovens, refrigeration, coffee machines, and kitchen equipment.
Secured vs Unsecured Equipment Finance
Understanding the differences helps you choose the right option for your business needs and risk profile.
| Feature | Equipment Secured | Additional SecurityPOPULAR |
|---|---|---|
| Security Required | Equipment serves as security | Equipment plus additional collateral |
| Interest Rates | Competitive rates due to equipment security | Lower rates due to additional security |
| Loan Amounts | Up to 100% of equipment value | Higher amounts possible with additional security |
| Approval Speed | Fast approval - equipment is clear security | Longer due to additional security valuation |
| Risk Level | Lower risk - equipment retains value | Lowest risk due to multiple security assets |
What are the fees & costs?
Understanding the costs associated with equipment finance helps you make informed decisions. Here are the typical fees and charges you might encounter.
Common Fees
Interest Charges
Who is it for?
Equipment finance is designed for businesses that need to purchase or lease essential equipment while preserving working capital.
Don't just take our word for it.
Read what our clients have to say about Splendid.
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Is my business eligible?
Check if your business meets our equipment finance requirements for approval.
General Requirements:
Documentation Required:
What are the steps involved?
Equipment Selection
Choose your equipment and obtain quotes from suppliers. We can help you understand financing options.
Application Submission
Submit your application with equipment quotes and required business documentation.
Quick Assessment
Our team reviews your application and matches you with suitable lenders within 24-48 hours.
Approval & Documentation
Once approved, we handle the documentation and coordinate with your equipment supplier.
Equipment Delivery
Funds are released to the supplier, and your equipment is delivered and ready for use.
Why work with a broker like Splendid?
Access to multiple lenders
Compare offers from ~70 business lenders to find the right deal for your unique needs.
Save time and effort
We handle the application process and negotiate with lenders on your behalf.
Expert guidance
Our experienced team provides personalised advice based on your business needs.
Better outcomes
Higher approval rates and more favourable terms through our lender relationships.
How do I compare offers from different lenders?
When comparing equipment finance offers, it's important to look beyond just the interest rate. Here's what to consider:
Key Comparison Factors:
Additional Considerations:
FAQs
You can finance almost any business equipment including manufacturing machinery, commercial vehicles, office technology, medical equipment, agricultural machinery, hospitality equipment, and more. Both new and used equipment are eligible.
Equipment finance amounts typically range from $5,000 to $5,000,000+. The exact amount depends on the equipment value, your business's financial position, and your ability to service the loan.
Yes, used equipment can be financed. However, lenders may have age restrictions (typically up to 10 years old) and may require independent valuations. Interest rates for used equipment are often slightly higher than for new equipment.
With a chattel mortgage, you own the equipment from day one and can claim tax benefits on depreciation and interest. With an equipment lease, you make regular payments and may have the option to purchase the equipment at the end of the lease term.
Accelerate your business growth.
Get your personalised equipment finance quote today and discover how we can help your business grow. Join the hundreds of Australian businesses we've helped secure funding.