Equipment finance in Adelaide,
without the bank runaround
From a ute for a Gawler sparky to a bottling line in the Barossa. We compare 60+ lenders and bring you three structures that suit your cashflow.
60+Lenders compared
260+Loan products
What Adelaide businesses are financing
(Hint: if it earns you money, it can usually be financed)
Most searches for equipment finance in Adelaide turn up a national lender’s landing page written for nobody in particular. We are a local equipment finance broker. Adelaide and regional South Australia is the whole of our patch, and we arrange equipment loans, machinery finance and asset finance from an office on Prospect Road. If your business trades nationally, our national equipment and asset finance page covers the same ground without the local detail.
Utes, vans and fleet
(anything with wheels and an ABN behind it)
Work utes, trade vans, EVs, trucks and small fleets for Adelaide trades and couriers.
Machinery and
heavy equipment
Excavators, forklifts, skid steers (bobcats), cranes and earthmoving gear for civil and construction work.
Medical and dental fit-outs
Chairs, imaging units, sterilisers and diagnostic gear for clinics across Adelaide.
Hospitality and retail fit-outs
Ovens, cool rooms, coffee machines, POS systems and shop furniture for East End and Norwood venues.
Technology and IT
Servers, workstations, printers, network and security systems.
Farm and industrial
Headers, air seeders, silos, CNC machines and production-line equipment.
No cost to talk, and no obligation to proceed.
Local, not generic
Built for the industries South Australia runs on
A national lender sees an asset and a number. We see the season you buy in, the month the money comes back, and the repayment shape that suits it.
Viticulture and wine
Barossa, McLaren Vale and Clare Valley. Crushers, presses, tanks, bottling lines and vineyard tractors. Income arrives once a year, so we look for lenders who allow seasonal or structured repayments rather than flat monthly.
Broadacre and livestock
Yorke Peninsula, Eyre Peninsula and the Mid North. Headers, air seeders, boom sprays, augers and silos. Many lenders will time the first repayment to land after harvest rather than at settlement.
Defence and advanced manufacturing
Osborne, Edinburgh Parks and Tonsley. CNC machining centres, inspection and metrology equipment, robotics and automation cells. Contract-backed revenue often supports a longer term than a lender first offers.
Construction and civil
Excavators, skid steers, tippers, elevated work platforms and attachments. Because the machine secures the loan, pricing is usually sharper than an unsecured business loan for the same amount.
Health and dental practices
Adelaide CBD, North Adelaide and Prospect. Chairs, OPG and CBCT imaging, sterilisers and practice fit-outs. A fit-out is often several suppliers at once, which is easier to fund as one structured facility than five separate ones.
Hospitality and retail
East End, The Parade at Norwood, Glenelg and the suburban strips. Combi ovens, cool rooms, espresso machines, POS and joinery. Trade is seasonal here too, so the repayment shape matters as much as the rate.
We know the seasons here. Tell us yours.
Equipment loans and machinery finance from 60+ lenders
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Lenders on our panel
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Scan through over 260 loan options
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Zero hidden fees, as it should be*
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Options, shown side by side
*Loanity charges you no fee for arranging equipment finance. We are paid a commission by the lender. Lender and government fees such as establishment, PPSR and account-keeping charges still apply and are set out in your loan documents.
*Loanity charges you no fee for arranging equipment finance. We are paid a commission by the lender, and we will tell you what that is before you sign anything. Lender and government fees such as establishment, PPSR and account-keeping charges still apply and are set out in your loan documents.
What your equipment really costs after tax
Two businesses can buy the same machine for the same price and end up paying very different amounts for it. The difference is not the finance. It is how the tax rules treat who owns the asset.
The sticker price is rarely the real cost. Under a chattel mortgage the business usually owns the asset from day one. That ownership is what unlocks the treatment: the GST on the purchase price may be claimable in your next BAS, and interest and depreciation may be deductible over the life of the loan. A finance lease works differently again, with the lease payments themselves generally treated as the deduction.
Where the business owns the asset, the instant asset write-off may also let you deduct the cost in the year the equipment is first used or installed ready for use, even though it is financed. That does not apply under a lease or a rental, because the lender owns the asset. The limit and the eligibility rules change from year to year, so check the current position on the ATO instant asset write-off page rather than a figure quoted on a broker website.
Which one leaves you better off depends on your structure, your turnover and your accountant’s view. Eligibility and treatment vary, so confirm your own position with your tax professional before you commit.
The sticker price is rarely the real cost. Under a chattel mortgage the business usually owns the asset from day one. That ownership is what unlocks the treatment: the GST on the purchase price may be claimable in your next BAS, and interest and depreciation may be deductible over the life of the loan. A finance lease works differently again, with the lease payments themselves generally treated as the deduction.
Where the business owns the asset, the instant asset write-off may also let you deduct the cost in the year the equipment is first used or installed ready for use, even though it is financed. That does not apply under a lease or a rental, because the lender owns the asset. The limit and the eligibility rules change from year to year, so check the current position on the ATO instant asset write-off page rather than a figure quoted on a broker website.
Which one leaves you better off depends on your structure, your turnover and your accountant’s view. Eligibility and treatment vary, so confirm your own position with your tax professional before you commit.
Chattel mortgage, lease or hire purchase
Three ways to hold the same machine. None of them is better in the abstract, only better for a particular set of books.
Chattel mortgage
You own the asset from day one and the lender holds security over it. It sits on your balance sheet. Commonly chosen by businesses registered for GST that want to claim the GST upfront and depreciate the asset. Most popular structure for utes, excavators and farm machinery.
Finance lease
The lender buys the equipment and leases it to you for a fixed monthly payment, with a residual at the end. Often chosen where the business wants predictable payments and plans to refresh the equipment rather than keep it. Common for IT, kitchen equipment and short-life assets.
Hire purchase and rental
With hire purchase the lender owns the asset until the final payment, then title transfers to you. Before 1 July 2012, GST rules pushed many cash-basis businesses toward chattel mortgages instead. For agreements from that date, a GST-registered business can generally claim the GST credit upfront under hire purchase as well, so the choice now comes down to ownership timing and your accountant’s preference. Rental keeps the asset off your books entirely and is usually the most flexible if the equipment is only needed for a project or a season.
What a lender actually looks at
Every lender weighs these differently, which is exactly why comparing them is worth doing. Knowing the list in advance also means you can fix the weak spot before you apply, rather than collecting a decline first.
How long the ABN has traded
Two years of trading opens the widest set of lenders. Under that, the field narrows but does not close, especially where the director has industry history or property behind them. If you are close to a milestone, waiting a few weeks can genuinely change the offers.
The asset itself
Lenders sort equipment into tiers. A late-model ute or excavator with an active resale market is easy. Highly specialised gear with a thin second-hand market is harder, because if things go wrong the lender has to sell it. Age at the end of the term matters more than age today.
Your credit file, and how you have used it
Under comprehensive credit reporting, lenders see repayment history month by month, not just defaults. They also see every application you have made. Shopping your deal around five lenders yourself leaves five enquiries on the file and makes the sixth one nervous. That is the main practical reason to go through one broker.
Whether you own property
Property ownership is not required, but most lenders price a property-owning director more keenly than a non-owner. Worth knowing, because it is often the single line that separates two very different quotes on the same machine.
Who is selling it to you
A dealer invoice is the simplest path. A private sale, a clearing sale or an interstate purchase adds a PPSR check and sometimes an inspection. All of it is doable, it just changes which lenders are in play and how long settlement takes, so it is better raised at the start than discovered on the day.
Whether the repayment fits the season
This is the one most South Australian applications get wrong. A grower or a winery does not earn evenly across twelve months, and a flat monthly repayment written for a metro business can strangle a good operation in the wrong quarter. Structured, seasonal and deferred first repayments all exist. They are just not offered unless someone asks.
Nothing above is a promise of approval. Every application is assessed by the lender on its own merits and subject to their credit criteria.
The big benefits
Why Adelaide businesses use a broker instead of their bank
Keep your working capital
Cash stays available for wages, stock and the next job, instead of sitting inside a machine.
Fast turnaround
Because the asset is the security, many equipment finance approvals come back within one to two business days. Timing depends on the lender and your paperwork.
Structure chosen for your books
Chattel mortgage, lease, hire purchase or rental. We work to your accountant’s preference rather than whatever one bank happens to sell.*
*Which structures and lenders are available depends on the asset, the term and your circumstances.
New or used, dealer or private
Banks often refuse older machinery or private sales. Specialist lenders on our panel will consider both, subject to condition and clear title.
Secured pricing, low doc options
Because the equipment secures the loan, pricing is generally sharper than unsecured lending. Some lenders will assess on ABN and bank statements alone.
We are in Adelaide too
Our office is on Prospect Road. You can sit down with the person handling your file instead of a call centre in another state.
*Tax treatment depends on your circumstances. Confirm your own position with your accountant before choosing a structure.
How it works with Loanity
1
30-minute strategy call
We work out what the asset is, when you need it, and how to structure the finance so it does not choke your cashflow.
2
We compare 60+ lenders
No jargon. You get three options side by side, with the rate, the term, the fees and the residual all in plain English.
3
Settlement and delivery
We handle the paperwork, deal with the supplier and manage settlement. You take delivery and put the equipment to work.
Most of the work is ours, not yours.
Where we arrange equipment finance across South Australia
The office is in Prospect and most of our work is metropolitan Adelaide, but equipment finance does not stop at the tollgate. Documents are signed electronically and settlements are handled by phone and email, so where the machine lives matters far less than what it is and who is buying it.
Metropolitan Adelaide
Prospect, Adelaide CBD, North Adelaide, Norwood, Mile End, Port Adelaide, Salisbury, Elizabeth, Gawler, Modbury, Lonsdale, Edwardstown, Glenelg and the surrounding councils. Close enough that we can meet you at the yard if that is easier than a phone call.
Wine regions
Barossa Valley, McLaren Vale, Clare Valley, Adelaide Hills, Langhorne Creek, Coonawarra and the Riverland. Vintage decides everything here. A repayment schedule written for a business with even monthly income is the wrong shape, and we say so to the lender rather than leaving you to manage the gap.
Cropping and grazing country
Yorke Peninsula, Eyre Peninsula, the Mid North around Clare and Blyth, the Murray Mallee, the Limestone Coast and the Fleurieu. Machinery is often bought months before it earns anything. The question we ask a lender is when the first repayment should land, not just what the rate is.
Your local equipment finance broker in Adelaide
Loanity, 1/132 Prospect Rd, Prospect SA 5082
Phone 1800 237 537
We work with businesses right across greater Adelaide, including Prospect, Gawler, Elizabeth, Salisbury, Port Adelaide, Norwood, Mile End, Lonsdale and Mount Barker, as well as regional South Australia.
Equipment is rarely the only thing on the list. The same conversation can cover business loans for working capital and low rate car loans for the vehicles that are not tools of trade. If you would rather write than call, contact our Prospect office and we will come back to you.
Phone 1800 237 537
We work with businesses right across greater Adelaide, including Prospect, Gawler, Elizabeth, Salisbury, Port Adelaide, Norwood, Mile End, Lonsdale and Mount Barker, as well as regional South Australia.
Equipment is rarely the only thing on the list. The same conversation can cover business loans for working capital and low rate car loans for the vehicles that are not tools of trade. If you would rather write than call, contact our Prospect office and we will come back to you.
Call us on
1/132 Prospect Rd
Prospect SA 5082
Mon to Fri 9:00am to 5:00pm
Sat 9:00am to 3:00pm, Sunday closed
Testimonials
What our clients say
Reviews shown are from Loanity clients. Individual outcomes depend on your circumstances and lender assessment.
Still got questions?
Questions Adelaide business owners ask us
Can I get equipment finance in Adelaide if my business is under two years old?
Often yes. Several lenders on our panel will consider a newer ABN where the director has industry experience or a property asset behind them, particularly when the equipment itself is strong security. Terms are usually tighter than for an established business, so it is worth talking through your position before you apply anywhere, because multiple declined applications leave marks on your credit file.
Do I need to provide tax returns, or is low doc available?
Low doc options exist for asset finance, where a lender may assess on your ABN, GST registration and recent bank statements rather than full financials. Availability depends on the amount, the asset and your credit history, and all lending is still subject to the lender being satisfied you can meet the repayments.
Can I finance used machinery, or does it have to be new?
Used equipment is financed regularly, and for a lot of South Australian trades and farms it is the sensible buy. Lenders generally look at the age of the asset at the end of the loan term rather than today, so a well-maintained machine with a clear title and a reasonable service history is usually workable. Very old or highly specialised gear narrows the field of lenders rather than ruling it out.
How long does approval usually take?
Because the equipment provides the security, asset finance usually moves faster than a standard business loan, and many approvals come back within one to two business days. The timing sits with the lender rather than with us, and it depends on how complete your documents are and how straightforward the asset is. We will tell you upfront which lenders are quick on your type of deal.
Can I finance equipment bought from a private seller?
Private sales are possible with a smaller group of lenders. Expect an extra step or two: a PPSR check to confirm nothing is owing on the asset, and sometimes an independent inspection or valuation. Buying at a clearing sale or from another operator is common in farming and civil work, so it is a well-trodden path even though not every lender offers it.
What happens at the end of the term if there is a balloon payment?
A balloon or residual is a lump sum left at the end of the term. It lowers your monthly repayment but the amount still has to be dealt with, usually by paying it out, refinancing it, or selling or trading the asset. The risk to watch is the residual being higher than what the equipment is worth on the day, so we size it against realistic resale values rather than pushing the monthly figure as low as it will go.
Ready to move
on that machine?
No fee from us for arranging your finance. No obligation. A free consult with an Adelaide broker who knows the local lenders.
Important information about this page
Broker services are provided at no cost to you in most cases, as we are paid a commission by the lender. Eligibility, terms, residual requirements and rates vary by lender, by asset and by individual circumstances, and are subject to change. Confirm with us before relying on any figure on this page.
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. Loanity is a credit representative and can provide credit assistance once we understand your circumstances.
Broker services are provided at no cost to you in most cases, as we are paid a commission by the lender. Eligibility, terms, residual requirements and rates vary by lender, by asset and by individual circumstances, and are subject to change. Confirm with us before relying on any figure on this page.
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. Loanity is a credit representative and can provide credit assistance once we understand your circumstances.