Equipment Finance for Australian Businesses
- Finance amounts of$50k to $1.5 million
- Rates from9.75% p.a
Need new equipment to grow your business but don’t want to tie up your working capital to buy it? Earlypay’s Equipment Finance gives Australian businesses the financial means to secure essential vehicles, tools, and machinery minus the upfront hit to your cash flow. Equipment Finance can be an investment in growth, productivity, and performance designed to:
- Protect your cash reserves
- Avoid large upfront expenses
- Help you stay competitive with the right tools for the job
- Offer funding flexibility to match your business needs
What can you finance?
Earlypay provides funding for a wide range of new and used equipment for industries such as manufacturing, construction, mining, transport, agriculture, engineering, logistics, and professional services.
Whether you need to replace ageing machinery or want to scale up for a new contract, we have customised Equipment Finance options to suit your industry and business goals. Get the equipment you require to keep your operations moving forward without delays or cash flow disruption.
If you’ve had problems securing equipment finance elsewhere, we’d love to chat as we may be able to help.
If you're a small to medium sized business, Earlypay's flexible asset and equipment finance can preserve your cash flow and help you do better business. Our process is simple and in most instances we only need minimal financial information for loans from $50k up to $1.5m.
Wheels and tracks
Improve productivity and stay ahead of your competitors without the large upfront capital outlay, by financing your next equipment purchase or upgrade.
Assets we finance
- Trucks
- Trailers
- Buses
- Passenger vehicles
- Civil construction equipment
- Excavators
- Loaders
- Forklifts
- Mobile Cranes
- Lifting Equipment
- Forestry Equipment
- Farming Equipment
How we help
Tailored to you
We work with you to make sure the Earlypay Equipment Finance solution is the best one for your current needs and future growth.
A little or a lot
Whether you need $50,000 or $1,500,000, Earlypay Equipment has your business finance needs covered.
New, used and more
New, second-hand equipment or existing assets are not a problem with Earlypay Equipment — age is just a number. Our appetite also includes mid-term re-financing and debt consolidations.
Activate the equity in what you own
Access and release the equity in your existing business assets to stabilise cash flow or fund future growth.
How Equipment Finance works
Getting started with Earlypay's flexible Equipment Finance is quick and simple. Apply online with minimal financial paperwork. Choose your loan amount, ranging from $50,000 to $1.5 million. Select the term that best suits your needs: we offer flexible terms from 24 to 60 months. We’re also flexible when it comes to purchasing equipment. Buy new or used from private sellers or dealers, or both. You can also unlock equity from equipment you already own.
Why choose Earlypay?
Like you, we’re an Australian business. We also have over 20 years of experience partnering with other Australian businesses and helping them grow. Earlypay offers:
- Competitive rates
- Fast turnaround
- Customised solutions for your business and industry
- Simple application process that requires minimal financials
- Helpful, experienced support whenever you need it From expanding your fleet to replacing essential tools or refinancing existing equipment: our friendly experienced loan team will work with you to make it happen.
Talk to us today
Ready to invest in more equipment without compromising your cash flow or incurring large upfront costs? Talk to our Equipment Finance team today to get a fast flexible funding solution, and keep your business moving forward — quickly, and with confidence.
Get in touch
Frequently asked questions
What is equipment finance and who is it for?
Equipment financing is a funding solution that helps businesses obtain the equipment they need to operate and grow their business. It is well suited to businesses that require equipment or vehicles and want to preserve their working capital by not funding it themselves upfront.
Questions about how vehicle and equipment financing works
How much equipment finance can I get?
We can provide anywhere between $50,000 and $1,500,000 of finance for vehicle and equipment purchases.
How long will I have to repay the finance?
Our equipment finance terms range from 24 months to 60 months. Your equipment loan repayments will be spread across the agreed period.
What types of equipment and vehicles will you finance?
If you're looking at financing equipment, we can finance a wide range of assets to help your business grow and/or become more efficient.
Some types of assets that can be financed include:
Wheels & Tracks
- Trucks, Trailers, Passenger vehicles and Forklifts.
- Construction and Earthmoving, Farming equipment, Forestry equipment, Quarrying Equipment, Mobile Cranes and Lifting Equipment
Business Equipment
- Manufacturing, Steel Engineering and metalworking, Landscaping, Cleaning, Printing and other equipment for a broad range of industries.
Please contact us to confirm.
Can you provide equipment loans against old and used equipment?
We will consider assets of any age for finance. An independent valuer will assess the amount you can borrow against older and used assets.
What are my purchase options?
You have the freedom to purchase new or used assets, through a dealer or privately.
How long will it take to get the equipment or vehicle?
Your funding will be available for your equipment or vehicle the next working day after your application is approved.
Will Equipment Financing work for my business?
Equipment finance can help improve cash flow, free up capital and reduce upfront costs. If you're looking to purchase or upgrade equipment without outlaying money upfront, equipment financing might be the right option for your business.
What is a balloon payment?
A balloon payment is a lump sum due at the end of the loan term. It forms part of the principal balance, so by repaying this lump sum at the end of the term, your repayments are lower throughout the loan term.
What is a chattel mortgage?
A chattel mortgage is the legal term for a finance agreement where the asset being purchased with the funds, is used as security against the loan. Essentially, it is a secured equipment loan.
What is sale-back finance?
Sale-back finance is a type of equipment finance where a loan is secured by assets the business already owns. It is a way business owners can access capital from their existing equipment for cash flow support. It falls under commercial finance options used for capital raising purposes.