Asset and equipment finance, intelligently structured.

Many lenders consider eligible business vehicles, machinery, tools and specialised equipment. However, their policies differ for used assets, asset age, private sales, specialised equipment and purchases from overseas.

A deposit may or may not be required. It depends on the lender, the asset, the business’s position and the proposed finance structure. We can help establish which details need to be assessed before a lender makes a decision.

Quant Lend does not charge you a brokerage fee. If your finance settles, we receive a one off commission from the lender. We do not receive ongoing trail commissions. This is separate from the lender’s interest and charges.

The finance itself still has costs. Depending on the arrangement, these may include interest, establishment or documentation fees, other lender charges and, where applicable, a final lump sum payment.

We explain the total expected cost, including any final lump sum payment, so you can compare options beyond the advertised repayment. All finance remains subject to lender terms and approval.

Different structures can suit different objectives. An equipment loan, sometimes called a chattel mortgage, typically lets your business own the asset while the financier takes security over it. Under a finance lease, the financier generally owns the equipment during the lease, with arrangements for its use and potential end of term options set out in the agreement. Hire purchase is another possible structure, with ownership transferring according to the contract.

We can explain the key differences in cost, ownership, flexibility and obligations. Tax and GST treatment depends on the transaction and your circumstances, so obtain advice from your accountant before choosing a structure.

Requirements vary by lender, asset and transaction. The information commonly requested includes:

• Business details: legal business name, ABN, business activity and relevant owners or directors.
• Equipment details: supplier quote or invoice, make, model, condition, age and purchase price.
• Use of the asset: how the equipment or vehicle will support the business.
• Financial information: business financial statements, trading information or bank statements where required.
• Existing commitments: current loans and other repayments relevant to affordability.
• Identity and further checks: information required to complete the lender’s verification and credit assessment.

We will explain which items are relevant to your circumstances. Please do not upload identity documents, bank statements or other sensitive financial documents through the initial enquiry form. We can arrange an appropriate secure channel when needed.

Timing depends on the lender, the completeness of information, business circumstances, asset eligibility, any verification required and the supplier’s documentation. Some straightforward transactions may progress faster than more complex applications.

If you have a purchase deadline or delivery date, tell us at the outset. We can prioritise the relevant steps and identify likely obstacles, but approval and funding dates cannot be guaranteed.