Equipment Loans

For businesses, equipment loans are an excellent way to help you purchase assets without consuming your working capital and better manage your cash flow. By using equipment loans, you effectively are able to rent or lease items over a set contractual period which removes the need to spend large sums of capital on equipment or assets.

Equipment loans can be typically used to purchase a range of expensive equipment or assets, such as vehicles, forklifts, IT hardware, telephony systems, industrial machinery and other forms of plant and assets (trade and operating expenses or property is excluded from this type of lending).

We can help you arrange lending using any of the various types of equipment finance available, including:

  • Hire Purchase which suits businesses purchasing equipment that they want to eventually own outright. A deposit is usually not required and the finance provider retains ownership of the equipment until the final repayment is made.
  • Equipment Finance Lease which is similar to a hire purchase arrangement. However, instead of making payments to eventually own the equipment, a new arrangement is negotiated at the end of the lease contract. The business can opt to continue leasing the existing item or lease a new item. This arrangement enables a business to have access to the latest equipment without continually spending capital.
  • Chattel Mortgage which is an equipment loan that is a fixed interest loan secured by a mortgage over the asset. There are some tax advantages to these types of arrangements in that GST is not paid on loan repayments.
  • Novated Lease which is a common type of motor vehicle lease that allows businesses to lease a motor vehicle on behalf of an employee, with the responsibility for the lease lying with the employee and the lease payments being made from the employee's pre-tax income.

Every business has unique lending requirements that can change over time. Perrier Ryan knows how to get you the best equipment loan options that will suit you and your business now and in the future.

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Ph. 07 3391 7566
Fax. 07 3391 7726


Level 1, 30 Lisburn Street
East Brisbane Qld 4169
PO Box 1420
Coorparoo DC Qld 4151