*The Interest Rate is calculated on a Secured Loan for business use, effective 16/04/2021 and subject to change. WARNING: The interest rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Plant & Machinery Loans Australia
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Limiting your loan options to just one bank or one lender, is limiting your business growth and investment opportunities. Jade breaks those limitations by offering you more lenders, more options and more chances to reduce your financing costs.
We deliver highly competitive and workable funding offers for plant, machinery and business machinery acquisitions, both new and second-hand. Offers from a wide selection of banks and lenders with your choice of commercial finance products, flexible terms and conditions and our signature low interest rates.
With most banks and lending facilities available to us, we can broaden your options to secure better finance deals that support your business.
We will support your business beyond just one loan. Moving forward, as a respected client we can work with you to revitalise your operation with cheaper, more affordable finance options across multiple areas.
Use our online finance calculator for a repayment estimate on the equipment you need to grow your business. It’s easy to use, it’s free and it’s your first step to the affordable finance you expect and deserve.
Across Loan Types - Compare Our Cheap Interest Rates
Jade achieves cheap interest rates across our loan portfolio. Use this chart to see the different rates applicable to our different finance categories and enter your loan data for a repayment estimate. Use this as a reference and call us for a quick quote that exactly meets your finance requirements.
DISCLAIMER: This calculator is provided as a reference guide only. The results calculated are not intended to be or do they represent an actual quote for finance or an approval of a loan application. All fees and charges that may be applicable to a loan product or a specific application may not be included in the interest rates as show. The repayments and the interest rate on the finance application you present may vary from those shown and calculated.
Equipment Finance Calculator
Stop dreaming about that equipment and take action on making it happen! Use our online equipment finance repayment calculator to get an estimate on repayments for the equipment of your dreams.
Jade Equipment Finance FAQs
The purchase of equipment and machinery can be major acquisition for a business, requiring extensive research and consideration of both the equipment selection and the finance options. Jade Equipment Finance provides not only cost-effective finance solutions but a wealth of information and resources to assist businesses of all types and sizes. These FAQs expand on the details in our web pages and address key concerns that you may share with others. For more direct responses, please contact us and speak with one of our consultants on 1300 000 003
What types of equipment loans are on offer in Australia?
For commercial finance facilities available for the purchase of business equipment and machiner include Chattel Mortgage, Leasing, Commercial Hire Purchase and Rent to Own loans. In addition specialised services for businesses that do not meet all the requirements usually required for commercial finance by banks and other lenders are available. These services cover No Docs Loans, Low Docs Loans, ABN only Loans and options for Bad Credit Loans. While major finance products are based on a secured loan structure, there are possible options for unsecured loans where a secured loan is not available.
Can I include delivery and installation in a machinery loan?
It is possible to include the costs associated with the delivery and commissioning of equipment and machinery into your loan package. In the case of some items of machinery, these costs can be quite significant and businesses are seeking to conserve their cash reserves by incorporating all expenses into their loan. An all-up finance package that is structured to work with your cash flow can be negotiated with the lender. If you are looking to include these costs in your finance, the expenses would need to be included concurrently with the purchase invoice to the lender. Adding items into a loan after the finance deal has been finalised is a different scenario.
Can I get a loan for 100% of the equipment cost?
Yes. In most if not all requests we receive for equipment financing, businesses are seeking a loan for the full purchase price of the equipment. This is also referred to as no deposit finance as the lender does not request that the buyer pay a deposit. Finance is sourced based on the full purchase price and in some cases plus costs involved with the delivery and installation of the equipment. By including 100% of the purchase price, business owners can conserve existing cash reserves and maximise the tax benefits derived from the finance product. By utilising the balloon or residual element of the loan, businesses can reduce the monthly repayments to a level that works with their cash flow. Effectively paying any deposit at the conclusion of the loan term rather than utilising cash for a deposit upfront. In some cases of special application categories such as bad credit loans and no docs low docs loans a lender may request that the applicant reduce the overall total of the loan.
Is there options for bad credit equipment finance?
There are lenders that provide specialised services including Bad Credit Equipment Finance. This type of loan is not available through all lenders, especially banks. There are non bank lenders who tend to be more flexible when assessing some loan applications. Bad credit loan applications are assessed on an individual basis. This type of loan may attract additional conditions to a standard equipment financing deal such as stricter criteria, property ownership, additional security and other inclusions.
How do you I get a better interest rates?
Cheaper interest rates on equipment finance can be achieved by some lenders for a range of reasons. These include but are not limited to perhaps dealing with a broker who ihas accreditation with a large number of lenders – both major banks and non-bank lenders. By having more choices we have a greater range of options to source the best deal at the cheapest rates. Access to non-bank lenders that often operate only through industry-only channels. This category of lender often specialise in a particular industry and as such have a better understanding of the equipment being acquired and the conditions pertaining to that industry. With this level of knowledge, they are often better-positioned to offer better interest rates. Non-bank lenders may tend to be far more flexible on negotiating on interest rates than say a major bank that often has to adhere to strict corporate loan guidelines. Brokers have the bargaining power to push harder for cheaper rates on behalf of customers.
Why Use Jade Equipment Loans
How Do We Get Interest Rates So Cheap?
With our superior negotiating skills, our strong bargaining power across multiple lenders and a determination to deliver the best deals for our customers.We work in your best interests to get you the best rates.
Whatever industry you operate in, whatever equipment, plant and machinery you need to run your business, Jade can assist with finance. We have expertise in Truck & Trailer, Earthmoving, Mining,Civil, Commercial Marine, IT & Computers, Office, Medical Finance, Manufacturing, Industrial Plant and many more.
We work in your best interests, not to appease shareholders, share prices or meet targets and make profits for big financial institutions. We want to make profits for you, our customers. We are a well-established, Australian-owned company with extensive expertise and vast experience in providing workable financial solutions for Australian businesses, from the smallest owner-operators to large corporations. Our consultants are licensed accredited professionals who will guide, assist and support you through the loan process, empowering you with the information, and great loan deals, to make informed financial decisions. Credit is a cost to business but it does not have to be a burden that limit your potential. Jade ensures that every loan offer we make is a workable solution that will benefit your business.