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Recognised as one of Australia’s broking leaders.
Vehicle & Equipment Loans
Get the assets needed to stay ahead
Capital tied up in equipment is capital that can't grow your business elsewhere. Vehicle and equipment finance exists to solve exactly that, giving you access to what you need to operate and scale, without the upfront hit to your cash flow.
From company cars and commercial trucks to forklifts, trailers, and heavy machinery, EQ Lending structures finance solutions built around how your business actually works. We compare options across 40+ lenders, matching loan type, term length, and repayment structure to your cash flow cycle and the useful life of what you're purchasing.
The right asset finance isn't just about affordability. It's about making sure your equipment works for your business and so does the way you pay for it.
Vehicle & Equipment Loans
Commercial vehicles you can finance
Passenger Cars
Semi-trucks
Pickup Trucks
Cargo Vans
Buses
Tractors
Forklifts
Cranes
Excavators
Secured Vehicle Loans
A secured vehicle loan uses the asset you're purchasing as collateral. Your bank or lender can repossess the vehicle if you fail to make repayments on time. This gives lenders confidence, resulting in lower interest rates, the ability to borrow more, and increase your vehicle budget.
Rate certainty
Fixed repayments
Budget friendly
Unsecured Vehicle Loans
An unsecured vehicle loan doesn’t require any collateral, meaning the lender has no asset to secure against the loan. While this provides flexibility, it typically comes with higher interest rates and a lower borrowing limit compared to a secured loan.
Higher Rates
Flexible repayments
Lower borrow limit
Vehicle & Equipment Loans
Eligibility criteria for vehicle finance
Most Australians can easily apply for car loans and car financing. However, there are a few common criteria you are required to meet:
For Individuals
- Applicant must be 18 years or older
- Be an Australian citizen, permanent resident or hold an eligible visa
- Proof of income (Financial Statements)
For Businesses
- Australian Business Number (ABN)
- At least 12 months of trading
- Good credit rating
SYDNEY MORTGAGE BROKERS
Asset finance options
Asset finance, or equipment finance, provides businesses with flexible solutions for obtaining assets and equipment that improve productivity and support growth. This can include office equipment, mining equipment, IT and telecommunications systems, and agribusiness assets.
The most common types of asset finance include equipment loans, hire purchases and finance leases. Equipment loans are particularly popular because they allow you to own the asset while repaying the borrowed amount progressively.
These loans come with potential tax benefits, including claiming Goods and Services Tax (GST) included in the asset price, deducting interest on repayments and claiming tax deductions on asset depreciation.
Why Choose Us
Equipment you can finance
IT Infrastructure
Machinery
Office Furniture
General Supplies
Our Commitment
Our Promise
One on One Support
We provide a dedicated lending specialist for every client, guiding you through the loan process from start to finish.
Solutions Driven
Unlike traditional banks, we evaluate your unique financial situation and present options that truly work for you.
Industry Expertise
From home loans to construction and private lending, we are your personal hub for smarter finance solutions.
What can a vehicle or equipment loan be used for?
Vehicle and equipment loans can finance a wide range of business assets, including cars, trucks, forklifts, tractors, machinery, IT equipment and specialised tools. Essentially, any asset that helps your business operate efficiently or grow can be funded.
What’s the difference between secured and unsecured loans for vehicles and equipment?
A secured loan uses the asset you purchase as collateral, often allowing higher borrowing limits and lower interest rates. An unsecured loan doesn’t require collateral, but interest rates may be higher and borrowing limits lower. We’ll help you choose the right structure for your business.
Can I get a vehicle or equipment loan if my business is new or has limited history?
Yes. EQ Lending works with lenders who consider different business stages, including startups and growing businesses. We can explore flexible options that suit your situation.
How long can I finance vehicles or equipment for?
Repayment terms vary depending on the lender and type of asset, but terms are typically structured to balance manageable repayments with asset lifespan. Our specialists help design a repayment plan that works for your cash flow.
How does EQ Lending make the process easier?
We manage the loan process from start to finish by assessing your needs, comparing options across multiple lenders, handling paperwork, and helping you secure the best possible terms. This ensures your business gets the right funding quickly and efficiently.