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Business Finance

Equipment Finance

Finance new or used equipment across every industry — from excavators and CNC machines to medical devices and IT hardware.

Excavator and heavy machinery on an Australian worksite
Product details

Equipment Finance explained

Equipment finance lets you acquire the plant and machinery your business runs on without draining cash reserves. The asset itself usually acts as the security, so property is rarely required. Terms typically run one to seven years with fixed repayments, and structures such as chattel mortgage, lease or rent-to-own can be matched to how you use the asset and how your accountant treats it. New and used equipment across construction, manufacturing, healthcare, hospitality and IT can all be funded.

Same-day approvals from $10k

What you get

  • Loans from $10k to $5m
  • No property security required
  • Fixed rates & terms up to 7 years

Repayment calculator

Illustrative only. Your Lonix broker will confirm actual rates.

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FAQs

Equipment Finance — questions we hear

Can't find your answer? Your Lonix broker is one message away.

It depends on your circumstances, but Lonix brokers can typically arrange from $5,000 to $50m+ across our lender panel.

For many asset and business products, the asset itself is the security. Personal or unsecured options are also available.

Simple products can be approved within hours. Complex commercial deals take a few days to a couple of weeks.
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