Equipment & Machinery Finance

Equipment and machinery finance is designed specifically for Australian businesses looking to acquire essential operating assets while preserving working capital. Tofu Auto offers comprehensive equipment finance solutions including chattel mortgages, finance leases, hire purchase, and operating leases. With competitive business rates starting from 5.99% p.a. and loan amounts from $10,000 to over $5 million, we finance all types of business equipment including construction machinery, agricultural equipment, medical devices, commercial vehicles, hospitality equipment, manufacturing machinery, and technology. Our tax-effective finance structures help businesses maximize cash flow and take advantage of available tax deductions.

The key advantage of equipment finance lies in its tax effectiveness and cash flow benefits. Through a chattel mortgage structure, businesses can claim tax deductions on both interest payments and depreciation of the equipment, while also claiming GST input tax credits on the purchase price (for GST-registered businesses). This can result in significant tax savings compared to purchasing equipment outright. Finance leases offer similar benefits with the added flexibility of upgrade options at lease end. By financing equipment rather than paying cash, businesses preserve working capital for other operational needs, emergencies, or growth opportunities. Fixed repayment schedules make budgeting predictable, and repayments are often structured to align with the revenue-generating capacity of the equipment being financed.

Business equipment finance applications require more documentation than consumer finance but the process is straightforward with Tofu Auto. You'll need to provide your ABN, business registration details, recent financial statements or tax returns (requirements vary based on loan amount and business age), and information about the equipment being purchased. Newer businesses or those seeking larger amounts may need to provide additional information such as business plans or director guarantees. Once we receive your application, we assess which lenders best match your business profile and equipment type. Many lenders specialize in particular industries or equipment categories. After approval, we arrange documentation and settlement. For businesses requiring multiple pieces of equipment or fleet finance, we can structure facilities that provide ongoing access to funding as your equipment needs grow. Your dedicated business finance specialist will guide you through the process and help structure the most tax-effective solution for your circumstances.