Product — Equipment finance

The asset is the
security.

Equipment finance is the spine of commercial asset funding in Australia. Buy the machine, secure the loan against the machine itself, claim the depreciation, keep the bank line free for everything else. Novara structures equipment finance from $50K single units to $20M+ multi-asset packages.

$20M+
Largest single deal
3wk
Typical settlement
30+
Equipment-active lenders
$50K+
Minimum deal size
What it is

Three instruments, one underlying idea.

Every equipment finance deal in Australia ends up as one of three structures. The choice depends on whether you want to own the asset, use it, or do both in stages.

Chattel mortgage

Owned from day one

You take title at acquisition; the lender registers a charge against the asset. Suits ABN holders who want full depreciation, GST claims at purchase, and equity build-up over the term. The default for most established businesses.

Title at startDepreciationGST claim upfront
Lease & hire purchase

Use, then own

Operating leases keep the asset off-balance-sheet and hand it back at term-end. Hire purchase splits the difference — you use it from day one and take title at term-end. Useful for technology-sensitive plant and contract-aligned equipment.

Off-balance-sheetTitle at endTerm-aligned
When it suits

When equipment finance is the right instrument.

Equipment finance is the obvious answer for most physical-asset acquisitions where the asset itself holds value over the term. It's not always the right tool — for short-life consumables, technology-bound kit, or revenue-cycle gaps, other instruments fit better.

Use it for
Long-life productive plant
Heavy plant, prime movers, CNC machinery, irrigation systems, vessels, airframes — anywhere the asset earns over a defined life and holds residual value. Most sector deals on this site sit here.
Pair it with
Working capital
Equipment finance ring-fences the asset acquisition away from your bank line. Pair it with a working- capital facility (or invoice finance) to keep operating cash and growth capex in separate conversations.
Don't use it for
Stock, consumables, working capital
Equipment finance is asset-backed. It doesn't fit inventory, raw materials, payroll, or general operating cash needs — those want a business loan or invoice finance.
Industries we structure for

Specialist underwriting, every sector.

Equipment finance reads differently in every industry — what's "long-life" in mining is "tech-sensitive" in healthcare. Each sector page goes deeper on instrument choice, repayment shaping, and lender appetite. For the full guide including rates, structures, and real examples, see Equipment Finance Australia.

Lender appetite

Equipment finance is the most-served corner of the panel.

The Big 4 compete actively on prime equipment paper. A deep second tier of specialist asset financiers — Judo, ScotPac, Liberty, Pepper Money, Resimac, Flexicommercial, and a long tail of industry-specific lenders — extend appetite into smaller operators, complex deals, sector- specific kit, and progress-payment structures. Most well-prepared equipment deals settle inside three weeks with multiple competitive offers.

Got equipment to finance?

Single machine or multi-asset rollout. Speak with our team about which instrument and which lender will give you the best deal — and how fast we can settle it.

1800 855 516  ·  info@novarafinance.com.au