Equipment finance

Purchase the equipment you need today with fast, flexible funding

One application

Fill out only one application to compare over 70 lenders

Over 70 diverse lenders

We work with a large range of lenders, from the big four to specialised financers

Get funded fast

Dependent on loan type, your funds can be available with 24 hours

Equipment finance

Equipment finance is an effective way to purchase and start using equipment even if you don’t have the cash upfront. Equipment finance uses the equipment you choose to secure the loan, meaning you can borrow up to 100% of the equipment value without the need for a deposit or loan security. Because this is the case, minimal documentation is required and interest rates are lower than other loan options.

Key points

  • Borrow 100% of the equipment value
  • Loan terms available from 1 to 10 years
  • Interest rates from 3.75% pa
  • Get funding as fast as 2 hours
  • Take advantage of tax savings
  • Utilise the $30K Instant Asset Write-Off

Get a fast approval

Proof of income

No history of bankruptcy

Able to make repayments

Prefer to talk to a loan expert?
1300 898 765

Applying is as easy as…

1

Apply online in only a
few minutes

Pre-qualify in less than 2 minutes. Don’t worry, it’s free and there’s no obligation to go ahead.

2

Let us tailor a solution
that suits you

We’ll contact you to find out more about your needs and tailor a loan that suits you.

3

Sit back and relax,
we’ve got it from here

We take the stress out of the application process while keeping you completely informed.

How does equipment finance work?

Equipment loans allow you to borrow up to 100% of the value of the equipment you need. As the equipment acts as security for the loan, limited documentation is required and funds can be available same-day.

An equipment loan can be used for a range of equipment purposes; to purchase new or used equipment, upgrade existing equipment, purchase business vehicles or even fitout a business space. Equipment finance covers all equipment and industry types, whether you’re financing a commercial vehicle, agricultural or manufacturing machinery, retail fitouts, office systems or hospitality equipment.

There are a number of options when it comes to equipment finance. The traditional equipment loan allows you to purchase and own the equipment outright. Lenders also offer leasing options for business equipment, including finance and operating leases, which may be a good option if your equipment needs to be regularly updated (e.g. due to continual technological developments). A FundingPro loans specialist can help you find the best option for your business needs.

Apply now
Prefer to talk to a loan expert?
1300 898 765

What documents will need to be approved?

Loans less than $50K:

  • Your driver’s licence or equivalent ID
  • Your ABN
  • Details of equipment

Loans $50K or over will also need:

  • Your driver’s licence or equivalent ID
  • Your ABN
  • Details of equipment
  • A P&L (profit & loss) statement
  • List of assets and liabilities

As a business that is growing fast we needed to quickly buy more stock.
Banks couldn’t do this quick enough hence why we turned to FundingPro.
The communication was great and funding was very fast.

 

Courtney Williams
Kiddimoto Australia

FundingPro tailored a finance solution to our needs, assisted with the application process and we were successful in obtaining funds in a very short time at very competitive rates.FundingPro – a definite go to place for finance.

 

Tony Clements
CDM Accountants

Ready to apply for a loan?

Don’t worry, it’s free to apply, there’s no obligation to
proceed and it won’t effect your credit score

Apply Now

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