Finance Product
The equipment your business needs shouldn't wait for cash flow. Structure your machinery, vehicle, or technology purchase with a finance solution that preserves working capital and provides tax advantages.
What It Is
Equipment finance allows your business to acquire the machinery, vehicles, plant, and technology it needs without the capital outlay of outright purchase. Instead of deploying $200K in working capital on a piece of equipment, you structure a finance facility that spreads the cost over the asset's productive life — keeping your capital free for operations, growth, and opportunity.
Multiple structures are available depending on your tax position, how you want to treat the asset on your balance sheet, whether you want ownership at the end, and what your cash flow looks like. From chattel mortgages and hire purchase to operating leases and sale-and-leaseback — the right structure varies by business, and we'll identify it with you before any lender is approached.
Why It Works
Equipment finance is one of the most efficient capital allocation decisions an asset-using business can make — here's why.
Avoid depleting your cash reserves on a capital asset purchase. Equipment finance spreads the cost over the asset's productive life, keeping your working capital available for operations, payroll, inventory, and growth opportunities.
For new equipment with strong residual value, many lenders will fund 100% of the purchase price — no deposit required. For used equipment or high-hour assets, a small deposit may apply, but overall leverage remains extremely strong.
Depending on the structure — chattel mortgage, finance lease, or operating lease — different tax treatments apply. Interest, depreciation, and lease payments may all have deductibility implications. We work with your accountant to identify the most tax-effective structure for your position.
Ideal For
Equipment finance spans nearly every industry that relies on physical assets to generate revenue.
CNC machines, welding equipment, workshop tools, plumbing and electrical fit-outs — any trade or manufacturing business that needs specialised equipment to deliver its service or product.
Trucks, trailers, forklifts, refrigerated vehicles, and fleet additions — structured across chattel mortgage or novated lease depending on the vehicle type and operator structure.
Dental chairs, imaging equipment, surgical tools, practice fit-outs — medical and allied health businesses with high-value equipment needs and strong recurring income profiles.
Excavators, graders, drill rigs, scaffolding, and heavy plant — construction and resources businesses often have their largest capital requirements in equipment, making specialist finance critical.
What's Included
Equipment finance through Ascend Lending Partners spans the full range of structures — we'll identify the right product type for your asset, tax position, and balance sheet.
Requirements
Simple Process
We manage everything from first enquiry to final settlement.
Submit your details online or call us. We respond within 2 business hours.
We review your scenario, financials, and goals to map the right structure.
We architect the deal and present best-fit options from 60+ lenders.
Approval managed end-to-end. Funds typically in your account within 24–48 hours of settlement.
Common Questions
A chattel mortgage gives your business immediate ownership of the asset while the lender holds a mortgage (security) over it until the loan is repaid. This structure allows you to claim depreciation and the interest component as tax deductions. A finance lease means the lender owns the asset and you pay rent for its use — at the end of term, you may purchase at residual value, continue leasing, or return it. The right structure depends on your tax position and whether ownership is important to you.
Yes, equipment finance structures are specifically designed with tax efficiency in mind. Under a chattel mortgage, you can typically claim depreciation on the asset and deduct the interest component of repayments. Under a finance or operating lease, the lease payments themselves are generally deductible as a business expense. The exact treatment depends on your structure and how the ATO classifies the arrangement — your accountant should review this, and we're happy to brief them on the structure we recommend.
Yes. Most equipment lenders will finance used assets, though the criteria vary. Key factors include the age of the asset, its remaining useful life, whether it has a clear title, and the loan-to-value ratio requested. Some lenders specialise in used equipment and high-hour assets. We'll match your specific asset and scenario to the lender most likely to approve at the strongest terms available.
No deposit options are available for qualifying applicants, particularly for new equipment from established manufacturers where many lenders will fund 100% of the purchase price. For used equipment, specialist assets, or borrowers with limited trading history, a deposit of 10–20% may be required. In some cases, a deposit can unlock better rates or longer terms. We'll advise on the deposit position that optimises your specific application.
A balloon payment (or residual) is a lump sum due at the end of the loan term — by building a balloon into the structure, your regular repayments are reduced over the loan life. At the end of term, you pay the balloon, refinance it, or return the asset. Balloons are useful for improving cash flow during the loan term, particularly for assets that retain strong market value. They suit businesses with predictable exit strategies — less so for those needing a clean finish at term end.
Almost any tangible asset used in a business can be financed — commercial vehicles, trucks, trailers, earth-moving equipment, medical devices, manufacturing machinery, IT infrastructure, commercial kitchen equipment, solar and energy systems, and more. The key criteria are that the asset has identifiable value, a functional useful life over the loan term, and a clear title. We'll advise on any asset category that may have specific lender constraints.
Ready to Move?
Preserve your capital and put the right assets to work now.