Machinery
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Product explanation
Understand the product before you apply
Equipment Finance is not just a rate comparison. The lender needs to understand what is being funded, how it will be used, whether the structure fits the borrower, and whether the repayments can be supported.
Figure Out Finance keeps the explanation practical. We work through the asset or funding purpose, likely lender questions, document requirements and settlement steps before an application is progressed.
- Plain-English structure guidance
- Clear document preparation
- Broker-led lender comparison
Assessment context
Why preparation matters
Stronger preparation can make the process clearer and reduce back-and-forth. It does not guarantee approval, but it helps the lender understand the request and helps you understand the trade-offs before proceeding.
Depending on the product, this may include checking the asset, reviewing the business or income position, confirming the purpose of the loan and preparing the supporting documents.
What can be financed
Common examples we can help review
Final lender fit depends on the asset or purpose, applicant profile, loan amount, supporting documents and lender criteria.
Yellow Goods
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Forklifts
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Tools
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Plant And Equipment
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Fit-Out Assets
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Workshop Assets
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Business Equipment
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Who this may suit
Practical customer scenarios
These examples are general. The right finance pathway depends on the full application and what the lender is willing to consider.
Tradies Upgrading Tools
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Contractors Buying Machinery
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Companies Increasing Production Capacity
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Businesses Replacing Ageing Assets
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
ABN holders preserving cash flow
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
Customers Refinancing Existing Equipment Loans
We explain how this fits lender assessment and what documents may be requested before an application is submitted.
What lenders commonly consider
Lender assessment factors explained
Lenders usually assess both the borrower and the purpose of the finance. That means the application is reviewed as a complete picture, not just one number on a form.
- ABN and GST status where relevant
- business trading history and bank conduct
- asset type, age, value and supplier
- deposit, equity or trade-in position
- credit profile and existing commitments
- repayment capacity and loan purpose
How Figure Out Finance helps
Guidance from first enquiry to settlement
We help you understand the finance pathway before you commit to an application or lender structure.
Lender comparison
We compare suitable options from a broad panel based on your circumstances and lender criteria.
Structure guidance
We explain repayment structure, loan purpose, document requirements and lender conditions in plain English.
Settlement support
We help manage lender communication, document follow-up and settlement steps where finance is approved.
Related guides
Helpful articles before you apply
Read the practical guides below to understand documents, lender assessment and structure options.
Everything You Need to Know About Equipment Finance Approval
A practical guide to how equipment finance approval works, what lenders review and how to prepare before you apply.
Read More
What Lenders Look for in an Equipment Finance Application
Understand the common lender assessment points for machinery, tools, plant and commercial equipment finance.
Read More
Chattel Mortgage vs Equipment Lease: What Businesses Should Compare
A plain-English comparison of common equipment finance structures and what to discuss before choosing a pathway.
Read MoreFAQ
Common questions
Equipment Finance may support eligible finance needs where the purpose, applicant profile and lender criteria align.
No. Lender appetite, documents, pricing and structure can vary. Figure Out Finance helps compare suitable lender pathways.
Documents depend on the lender, loan type and applicant profile, but ID, income or trading evidence, bank statements and purchase details are commonly reviewed.
No. Finance is subject to lender approval, credit criteria, fees, charges, terms and conditions.
Ready to review your finance options?
Tell us what you are looking to fund and we’ll help you understand suitable options from our lender panel.
Finance is subject to lender approval, credit criteria, fees, charges, terms and conditions.