Drilling Equipment Loans

Enter the loan amount and loan term on our easy to use equipment finance calculator to compare the monthly equipment loan repayments from over 80+ lenders in Australia. Comparing various equipment loans to help you see how much you can save from each lender.

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Why Use Jade Equipment Loans?

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Cheap equipment loan interest rates

With our superior negotiating skills, our strong bargaining power across multiple lenders and our determination to deliver the best deals for our customers. We work in your best interests to get you the best rates.
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Using Jade is the right decision

We prioritise your interests, not shareholders or financial targets. As an established Australian-owned company, we bring extensive expertise to provide practical financial solutions for businesses of all sizes. Our licensed consultants are dedicated professionals who guide you through the loan process, empowering you with information and excellent deals. We believe credit should enhance, not burden, your business, ensuring every loan offer is a beneficial solution for your success.
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A company that delivers

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 and trailer, Earthmoving, Mining, Civil, Commercial Marine, IT and computers, Office, Medical Finance, Manufacturing, Industrial Plant and many more.
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Comprehensive Financing Solutions for Your Drilling Equipment Needs

Drilling a hole in metal, wood or any other material, drilling for foundations, drilling on the surface or drilling deep below the earth or ocean – whatever you’re work involves, Jade Equipment Finance offers great drilling equipment loans.

As an experienced equipment finance broker, we provide commercial loan products for the purchase of drilling equipment in any industry. Depending on your business structure and financial goals, we offer Chattel Mortgage, Equipment Lease, CHP and Equipment Rental. Accredited with many banks and lenders, we have the capabilities to dive deeper into the finance sector to source the most effective loan for your drilling equipment purchase.

Loans are available for all types of drilling equipment. Upright, radial, sensitive, and special purpose drilling machines, mobile drilling units, surface drill rigs and specialised drilling equipment for oil and gas rigs.

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Better Interest Rates

The clear differentiation between Jade Equipment Loans for drilling equipment and those from other sources is clearly our low interest rates. Sourcing better interest rates is not only our company’s signature feature but a commitment we have stood by since our business was established.

How we consistently deliver better interest rates is a question we are regularly asked. The answer – this is our business, our consultants are trained and experts in this field, we have superior negotiating skills and we have bargaining power as we bring so many customers into the market.

But the interest rate is only one component of a commercial loan products. If you can’t negotiate the term of the loan, residual and other factors, then the significance of the interest rate pales. If you apply for a drilling equipment loan at your bank, chances are they won’t have a loan category for drilling equipment. You’ll more likely be offered a generic ‘business equipment’ loan and if they don’t full grasp what work you do, you could attract a higher interest rate or other strict conditions.


As brokers, we go into bat for you, our client, and we negotiate terms and conditions that suit you. We don’t ask you to fit into the cookie cutter conditions of the banks’ generic loan categories.


Loan terms depend on the type of loan  – some up to 7 years – and how you would like to vary that term to reduce or increase the monthly repayments. Increase the loan term to achieve a lower monthly repayment, shorten the loan term to increase the monthly repayment and have your drilling equipment paid off earlier. These are decisions that your Jade consultant will discuss in detail with you and structure your drilling equipment loan accordingly.


Speak with a Jade Consultant to discuss a financing solution for your drilling equipment. Call 1300 000 003.

Making use of this online calculator is based on the individual’s knowledge and also acceptance that the estimated figure presented does not suggest a lending quote; it does not mean an application for any loan has been lodged; it is not an indication that any kind of lending application has been approved. The formatting of this tool does not allow for specific details concerning any type of specific individual finance application or any kind of lending institution fees and also costs. It is formatted to produce a basic result based on basic details and also values only.


After lodging a formal loan application, the quote and also payment amounts that you may be provided may differ from the finance quote determined by this tool.


The tool is not ideal for computations on funding that are established on a passion just basis. The formatting is simply established to compound the calculated interest rate for a set time period based on the amounts input by the customer.


The calculator is not meant as a tool for finance decision-making. Users that call for finance advice need to look for a professional economic advisor in relation to their personal circumstances. To make an application for finance and also get a quote based on your individual requirements, the user has to get in touch with Jade and have their specific application assessed by one of our Jade experts.

Lender Loan Product Interest Rates From Monthly Repayment
Jade Equipment Finance 6.70%Fixed Rate $589.80 MONTHLY
Jade Business Loans - Unsecured 14.95%Fixed Rate $712.91 MONTHLY
Jade Business Loans - Secured 6.85%Fixed Rate $591.92 MONTHLY
Jade Overdraft - Non Bank 14.95%Fixed Rate $712.91 MONTHLY
Jade Chattel Mortgage 6.85%Fixed Rate $591.92 MONTHLY
Jade Operating Leases 6.85%Fixed Rate $591.92 MONTHLY
Equipment Finance
6.70%Fixed Rate $589.80 MONTHLY
Business Loans - Unsecured
14.95%Fixed Rate $712.91 MONTHLY
Business Loans - Secured
6.85%Fixed Rate $591.92 MONTHLY
Overdraft - Non Bank
14.95%Fixed Rate $712.91 MONTHLY
Chattel Mortgage
6.85%Fixed Rate $591.92 MONTHLY
Operating Leases
6.85%Fixed Rate $591.92 MONTHLY

DISCLAIMER: This comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for business finance or any indication that an application has been received or approved. The rates quoted are for business use where the funds are predominately for business use and may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.

We work harder to secure the best rates.

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