Asset finance done
the right way
You shouldn’t have to empty your bank account to upgrade your business.
5.89%Variable rate*
6.45%Comparison rate*
What assets can you finance?
Vehicles & utes
Machinery &
heavy equipment
Medical & dental equipment
Hospitality and retail fit outs
Technology & IT equipments
Industrial & manufacturing
We compare all the banks for you
Why smart business owners never pay in cash
Protect your cash flow
Built for businesses that move fast
Better tax outcomes
Own or lease – Your pick!
Low rates & easy approval
Grow without the waiting
How it works with Loanity
30-minute
strategy call
1
We compare 60+ lenders & give you the best deal
2
settlement
3
1
30-Minute Investment Strategy Call
2
Compare & Find the Best Investment Deal
3
Secure Approval & Start Building Wealth
Why you can should trust us
Answer to your questions
What types of assets can I finance for my business?
You can finance almost any physical asset used for business purposes, including passenger vehicles, heavy machinery, medical equipment, kitchen fit-outs, and IT hardware. Whether you are a tradie needing a new ute or a medical clinic upgrading diagnostic tools, Loanity has access to specialized lenders for both standard and niche business equipment.
What is the difference between a Chattel Mortgage and a Finance Lease?
A Chattel Mortgage allows you to own the asset from day one, with the lender taking a mortgage over it as security. This is popular for businesses wanting to claim GST and depreciation upfront. A Finance Lease involves the lender purchasing the asset and leasing it to you for a monthly fee. Loanity will help you compare these structures to see which best aligns with your accountant’s advice.
Can I use Asset Finance to claim the Instant Asset Write-Off?
Yes, if you use a Chattel Mortgage to purchase an eligible asset, you may be able to claim a significant tax deduction under current ATO incentives like the Instant Asset Write-Off. This allows you to reduce your taxable income by the cost of the asset in the same financial year. We recommend confirming your specific eligibility with your tax professional.
Do I need to provide tax returns to get equipment finance?
Not necessarily. Loanity offers “Low Doc” asset finance options where you may only need to provide an ABN and recent bank statements to prove your business turnover. These products are designed for busy business owners who need to upgrade equipment quickly without the delay of preparing full financial statements or tax returns.
How long does it take to get approval for equipment or machinery?
Asset finance is typically much faster than a standard business loan. Because the equipment itself serves as security, we can often secure an approval within 24 hours. Once the documents are signed, some lenders can settle quickly and pay the supplier direct. Settlement timing is the lender’s decision, not ours.
Can I finance used equipment or must it be brand new?
You can finance both new and used equipment through Loanity. While some banks have strict rules on the age of the asset at the end of the loan term, we work with a wide range of lenders who are flexible with older machinery or specialized used equipment, provided it is in good working order and has a clear title.
Broker services are provided at no cost to you in most cases, as we are paid a commission by the lender. Lender and government fees such as establishment, PPSR and account-keeping charges may apply and are set out in your loan documents. Eligibility, terms, residual requirements and rates vary by lender, by asset and by individual circumstances, and are subject to change. Rates and product availability are current as at 1 September 2026. Confirm with us before relying on any figure on this page.
Lenders shown are those available through our panel. Displaying a lender does not mean every product from that lender is available to every applicant.
This page is general information only and is not tax advice. It does not take your objectives, financial situation or needs into account. Tax treatment, effective life and deductibility depend on your circumstances, and your accountant or registered tax agent is the right person to confirm them. Finance taken wholly for business purposes is generally not regulated by the National Credit Code, so the protections that apply to consumer credit may not apply. Loanity is a credit representative and can provide credit assistance once we understand your circumstances.