Question 1

Who can apply?

Accepted Answer

Australian businesses with an active ABN. Most lenders on our panel look for at least 6–12 months trading and GST registration for low-doc approvals; newer venues and first-time operators can still be funded with supporting financials or property backing.

Question 2

What is the minimum amount you finance?

Accepted Answer

Equipment finance starts at $2,000 and runs into the millions for full venue fit-outs. There is no maximum for well-supported applications.

Question 3

Do I need a deposit?

Accepted Answer

Usually no. Most approvals are structured with no deposit for established businesses. A deposit or trade-in can be used to lower repayments or strengthen a marginal application.

Question 4

Can I bundle multiple items and suppliers together?

Accepted Answer

Yes. A cookline from one supplier, refrigeration from another and a coffee machine from a third can all sit in a single agreement with one repayment.

Question 5

What are the tax benefits?

Accepted Answer

Depending on the structure, repayments or the interest and depreciation components may be deductible, and GST on a chattel mortgage is often claimable upfront in your next BAS. Instant asset write-off thresholds change from year to year. This is general information only — please confirm your position with your accountant.

Question 6

How long does the whole process take?

Accepted Answer

Applications take a few minutes online. Most credit decisions come back within 24 business hours, documents are signed digitally the same day, and suppliers are typically settled within 1–2 business days of signing.

Question 7

What terms are available?

Accepted Answer

Terms generally run from 12 to 84 months. Balloon or residual values can be used to lower monthly repayments where it suits your cash flow.

Question 8

Can I finance used or second-hand equipment?

Accepted Answer

Yes, including auction and private-sale purchases, subject to age, condition and valuation.

Questions we get before every approval