Skip to content

Equipment Finance

Award-winning Finance Brokers that help grow your Business

Get Approved Today
Home » Equipment Finance

Benefits of our Equipment Finance

We are Commercial Finance specialists that work for you. We offer Low Doc, Medium Doc and Full Doc finance options from a wide range of 1st or 2nd tier lenders. This gives us a superior breadth of equipment finance options to suit your circumstances. Whether you are a sole trader, SME or a large company; we can help with commercial Finance and Equipment Finance options.


Benefits of having us as your Finance Broker

  • We work for you, not the lender
  • There is no obligation to proceed
  • Equipment can be NEW or USED, purchased through a Dealer or Private Sale
  • We chase up all your paperwork with your accountant/bookkeeper to take the fuss out of finance for you
  • We liaise with the supplier of your choice, organise the invoice and prepare all the paperwork for your sign off
  • Flexible payment options are provided
  • Diversification of your lending exposure will ensure competitive results
  • We arrange pre-approved equipment finance limits for future equipment acquisitions
  • The equipment finance is secured against the equipment, without requiring real estate as security – in most cases
  • We organize payment of the supplier, you take delivery of the equipment – it is as easy as that

Why use an Equipment Finance Broker?

  • An experienced broker will be able to get you a better deal. Using a single bank can stifle the growth of your business.
  • Diversification of your lending exposure will ensure competitive results.
  • A good broker will help you avoid the Cross-collateralization risk.

Equipment Finance for your new business or are you after finance for older equipment?

We have many amazing financiers who will provide:

  • Lending to New ABN#
  • No Deposit
  • 100% Tax Deductible
  • No Payments for 1st Month
  • Your choice of Equipment
  • No Hidden Fees
  • Up to 20-year-old Equipment
  • Anything from Plant & Equipment, Trucks to Office Fit Out

 

Check out the Equipment Finance Options Page for more detail on Specific Security Agreement ( Chattel Mortgage), Hire Purchase, Lease or Rental Finance.

Steps to get an Equipment Financed

Step1

One of our finance specialists has a chat with you to understand what work you do, how long you have been in business and what type of equipment you are after. We will also talk about the particulars of the business and your trading history to best tailor an Equipment Finance solution.

Step 2

The equipment finance specialist then calculates your ability to make the payments for your new finance piece of equipment. They will look at:

Are business bank statements for the last 3 months available, therefore, will the deal be a low doc with no financials or a full document deal. Will a cashflow projection be needed?
Our Brokers will manage this process for you.

Step 3

When we have received all of your application and financial data. Our finance specialist will start to build your deal in the best light to the most conducive lender and lender policy to give it the best chance of gaining approval.

Step 4

Approved – Our finance specialist then contacts the vendor and organizes a vehicle inspection (if required) and also requests an invoice for the Equipment.

Step 5

Invoice Received – We then prepare the finance documents for you to review and sign off so that we can progress to Settlement.

Step 6

Settlement – We put the deal to the financier Settlement Department along with all settlement required documents and the deal is settled. We then email the vendor the Settlement Confirmation from the lender so that you can go and pick up your Equipment.

Client visit Phil

My Client Catch Up in Tasmania

Phil and main driver Robert. I took the opportunity in January this year to visit my long term client Phillip Murray in Westbury Tasmania. Phillip and I have been working together for…
cashback

$1000 Cashback on Asset Finance

Amazing Deal!! – $1000 Cashback on Asset Finance for eligible NEW equipment purchased through a dealer.  Eligible clients who settle a new Commercial loan between 19 August 2020 and 31 October 2020 will receive $1,000 cashback…
tax deductions

Tax deductions are still available

With tax incentives extended into this financial year and suppliers still offering discounts, now may be the perfect time to update your equipment or vehicle – and the good news…

Client satisfaction is paramount to us, Contact Us now and experience the difference with Commercial Point Finance.

Call 02 9453 0300.