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FAQs

What is equipment finance?

Equipment finance is a funding solution that allows businesses to purchase vehicles, machinery, tools, and equipment without paying the full amount upfront. Instead, repayments are made over an agreed term, helping preserve cash flow and working capital.

What types of equipment can be financed?

We can assist with financing a wide range of business assets including:

  • Cars, utes & trucks

  • Earthmoving & civil equipment

  • Agricultural machinery

  • Trailers & transport equipment

  • Manufacturing equipment

  • Medical & dental equipment

  • IT & office technology

  • Commercial fit-outs and more

How much can I borrow?

Loan amounts vary depending on the asset, your business structure, and financial position. We work with a broad panel of lenders, allowing us to source funding solutions ranging from smaller business assets through to large commercial equipment purchases.

Can startups or new businesses get equipment finance?

Yes. Many lenders offer solutions for startups and newly established businesses. Even if your business has been operating for less than 12 months, we may still be able to assist depending on your experience, deposit position, and the asset being purchased.

What support options are available for Equipt Asset Finance users?

We offer a variety of customer support channels, including live chat, email support, and a comprehensive help center, ensuring that you receive assistance whenever you need it.

How quickly can I get approved?

In many cases, approvals can be obtained within 24–48 hours. Simple applications with strong supporting information can often be approved even faster, allowing you to secure equipment quickly and keep your business moving.

What information do I need to supply to get started?

Requirements vary depending on the lender and finance amount, but commonly requested documents include:

  • Driver’s license

  • Asset or equipment invoice/quote

  • ABN & business details

  • Bank statements

  • Financials or tax returns (for larger applications)

Our team will guide you through the process and keep it as simple as possible.

Do I need a deposit?

Not always. Many equipment finance facilities can fund up to 100% of the purchase price, including GST and on-road costs where applicable. Deposit requirements depend on the asset type, lender policy, and overall application strength.

Why use a broker instead of going directly to a bank?

Using an equipment finance broker gives you access to multiple lenders, competitive rates, and tailored solutions — all without having to shop around yourself. At Equipt, we work to understand your business and structure finance solutions that support your goals, cash flow, and long-term growth.

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