Equipment Finance

Finance any business equipment from $5,000 to $2M+. Tax deductible structures, fast approval, 100+ specialist lenders.

Finance Any Equipment
From $5k coffee machines to $2M+ construction equipment
Tax Deductible
Claim interest and depreciation
100+ Lenders
Banks and specialist equipment financiers
$0 Broker Fees
Our service is completely free

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Why Finance Equipment Instead of Buying Outright?

Preserve Cash Flow for Growth

Equipment finance lets you acquire essential assets without tying up capital. Instead of spending $200,000 on a new excavator, spread the cost over 5 years at $4,000/month. Use that $200k for marketing, staff, stock, or expansion — things that generate immediate revenue.

Tax Deductible Interest & Depreciation

Business equipment loans offer significant tax benefits. Through Chattel Mortgage structures, you can claim interest payments and depreciation as tax deductions. For a $100,000 equipment loan at 8% p.a., you might save $8,000+ annually in tax. Your accountant will love you.

Claim GST Upfront (Chattel Mortgage)

With a Chattel Mortgage, you own the equipment from day one and can claim the full GST credit on your next BAS. Buy a $110,000 excavator (inc. GST), claim back $10,000 GST immediately, and only finance the $100,000 ex-GST amount. This improves your cash position significantly.

Upgrade Equipment Regularly

Technology and machinery improve rapidly. Equipment finance lets you upgrade every 3-5 years without large upfront costs. Use balloon payments to keep repayments low, then trade in for newer models. This ensures your business always has modern, efficient equipment.

Easier Approval Than Unsecured Loans

Because equipment loans are secured against the asset you're buying, lenders face lower risk and offer better rates than unsecured business loans. Approval rates are higher, interest rates are lower (typically 5-12% p.a. vs 15-25% for unsecured), and you can borrow larger amounts.

Ready to Finance Your Business Equipment?

Apply now and get access to specialist equipment lenders with tax-deductible structures.

Equipment Finance Structures Explained

The two most common structures for equipment finance in Australia. Choose based on your GST registration and tax position.

Chattel Mortgage

Best For:

ABN holders registered for GST who want to own the asset immediately

How It Works:

You own the equipment from day one. The lender takes a mortgage (security) over the asset. You make regular repayments over 1-7 years.

GST Treatment:

Claim full GST credit on your next BAS. You only finance the GST-exclusive amount.

Tax Benefits:

Claim interest payments and depreciation as tax deductions. Instant asset write-off may apply for equipment under $20k.

Balloon Payments:

Optional. Defer 10-50% to end of term to reduce monthly repayments.

Typical Rate:

5-10% p.a. depending on equipment type and borrower

Hire Purchase

Best For:

Businesses not registered for GST, or prefer ownership to transfer at loan end

How It Works:

You hire the equipment and make repayments. Ownership transfers when you make the final payment (often $1 or $100).

GST Treatment:

GST is included in repayments and claimed progressively. If you're registered for GST, you claim 1/11th of each payment.

Tax Benefits:

Claim the full rental payment (principal + interest) as a tax deduction. Different from chattel mortgage depreciation method.

Balloon Payments:

Optional. Can include residual value to lower monthly payments.

Typical Rate:

6-11% p.a. depending on equipment type and borrower

Which Should You Choose? Most ABN holders registered for GST prefer Chattel Mortgage because you can claim the GST upfront (improving cash flow) and own the asset immediately. However, your accountant may recommend Hire Purchase based on your specific tax situation. We can arrange either structure.

How Equipment Finance Works

1

Choose Your Equipment

Find the equipment you need — new or used. Get quotes from suppliers. You can apply before finalizing the purchase to know your borrowing capacity.

2

Apply for Finance

Submit one application through Kreddi. We'll shop it across our panel of specialist equipment lenders. Provide ABN, financials (usually last 2 years tax returns), and equipment quote.

3

Get Approved (1-3 Days)

Most equipment finance applications receive conditional approval within 24-48 hours. Complex or high-value equipment may take 3-5 days. We'll negotiate the best rate and terms.

4

Settlement & Delivery

Lender pays supplier directly. You take delivery of equipment and start using it immediately. If Chattel Mortgage, claim GST on your next BAS.

5

Make Repayments & Claim Tax Deductions

Pay monthly, quarterly, or seasonally. Claim interest and depreciation (or rental payments for hire purchase) as tax deductions. Own the equipment outright at loan end.

Finance Equipment from $5,000 to $2M+

Tax deductible structures. Fast approval. Expert brokers.