Compare Equipment Finance Providers
Equipment finance
Equipment finance allows businesses to access funding to purchase an asset which is used to secure the loan.
The table below compares a selection of equipment finance providers available in the market. We have selected the providers which have information publicly available to be included in the table. The information about the equipment finance providers in the table is as at the 26th of April 2022. We will not be actively updating the table so not all providers may be available and features may have changed. Please note that providers have been sorted alphabetically, A to Z, by brand name.
While best endeavours have been made to reflect accurate information, this information should not be solely relied upon. For further details, Canstar suggests getting in touch with the provider, accessing the information available on their website and consulting professional advisers as required. Always read the loan information documentation and consider whether the product makes sense for your financial circumstances. Canstar does not rate equipment finance providers and makes no recommendation about comparative features and benefits with respect to these products.
Brand name | Available New | Available Old | Min Loan Term | Max Loan Term | Min Loan Amount | Max Loan Amount | Fees | Apply Online | Loan security |
Allianz | 2500 | 20000 | Yes | ||||||
Alphera Financial Services | |||||||||
AMMF | 3 years | 5 years | 10000 | 30000 | Yes | ||||
ANZ | 7500 | No | |||||||
Bank of Melbourne | 1 year | 7 years | 15000 | $450 establishment fee | No | ||||
BankSA | 1 year | 7 years | 15000 | $450 establishment fee | No | ||||
Bankwest | 20000 | $595 documentation fee | No | ||||||
Capify | 3 months | 1 year | 5000 | 300000 | 3% organisation fee | Yes | |||
Capital Finance | Yes | Yes | 1 year | 5 years | 5000 | 1000000 | No | ||
Capitalcorp Equipment Finance | 1 year | 7 years | Yes | ||||||
Cashflow Finance | Yes | Yes | 20000 | 500000 | Yes | ||||
CBA | 2 years | 5 years | Yes | Both | |||||
Finance Ezi | Yes | Yes | No | Both | |||||
Getcapital | 6 months | 2 years | 10000 | 500000 | 0 | Yes | Unsecured | ||
Grow Asset Finance | 2 years | 5 years | 5000 | 250000 | Yes | ||||
Lend | 5000 | Yes | Both | ||||||
Lumi | 3 months | 18 months | 5000 | 200000 | 2.5% establishment fee | Yes | Unsecured | ||
Max funding | 1 month | 1 year | 2000 | 300000 | 0 | Yes | Unsecured | ||
Metro Finance | Yes | Yes | 2 years | 5 years | 5000 | 250000 | No | ||
Money | 3 years | 5 years | Both | ||||||
Moula | 6 months | 3 years | 5000 | 500000 | 0 | Yes | Unsecured | ||
NAB | 5 years | 150000 | $500 establishment fee | Yes | |||||
Ondeck | 6 months | 2 years | 10000 | 250000 | 2.5% organisation fee | Yes | Unsecured | ||
Pepper Money | 5000 | No | Both | ||||||
Prospa | 3 months | 2 years | 5000 | 300000 | 3% organisation fee | No | Both | ||
Resicom | 1 year | 7 years | No | ||||||
Rural Bank | 2 years | 5 years | 20000 | No | Both | ||||
Savvy | Yes | Yes | 1 year | 7 years | 5000 | 500000 | Yes | ||
St George | 15000 | $395 establishment fee | No | ||||||
Stratton Finance | 1 year | 7 years | yes | Both | |||||
Suncorp | 1 year | 5 years | $350 establishment fee | No | Both | ||||
TL Rentals | 35000 | 350000 | No | ||||||
Valiant | 3 months | 5 years | 5000 | 1000000 | 0 | yes | Unsecured | ||
Westpac | 1 year | 5 years | 15000 | $450 establishment fee | No | Both |