Business finance for ABN holdersEquipment finance
Need equipment for the business?
From an excavator to a coffee machine, equipment finance spreads the cost over time so the gear can start earning before it's paid off.
For businesses with an ABN, for business purposes only. Finance for personal, household or domestic purposes isn't offered through Circlestone.
What can be financed
- Construction, earthmoving and plant
- Agricultural and farm equipment
- Workshop tools and manufacturing machinery
- Hospitality and restaurant equipment
- Medical, dental and fitness equipment
- Computers, office equipment and fit-outs
- New or second-hand, from a dealer or private seller
The four main structures, in plain English
| Structure | Who owns it | Worth knowing |
|---|---|---|
| Chattel mortgage | You, from day one – the lender takes security over it | Often used by GST-registered businesses that want to own the asset |
| Commercial hire purchase | The financier, until the last payment | Ownership passes to you once it's paid off |
| Finance lease | The financier | At the end you can usually upgrade, extend or hand it back |
| Rent-to-buy | The provider, while you rent | An option to buy at the end; handy for trying before committing |
Tax and GST treatment differs between structures. Ask your accountant which suits the business – we can't give tax advice.
Not a standard case? New ABN, patchy trading history, an ATO arrangement, lumpy income or been knocked back elsewhere? Before you apply, send us an email. A real person reads it, and we'll look at your situation and point you to the right partner or option. No promises, but we'll try to find a path.
What you'll be asked
Lenders match on a handful of facts about the business. Having these ready makes the application quicker:
- How much you need and what it's for (the business purpose)
- Your ABN and how long it's been active
- Whether you're registered for GST
- Roughly what the business turns over each year
- For equipment or vehicles: what it is, new or used, dealer or private sale, and the price
- When you need the money
- Your credit history, and the directors' or owners' details and ID
- Business bank statements – often linked digitally rather than uploaded
The exact questions come from the LoanOptions.ai application and may differ.
Straight up: Circlestone is a referrer. We don't provide credit assistance or credit advice, and we don't assess whether a loan suits you – LoanOptions.ai and its lenders do that under their own licences, subject to their own criteria, fees and terms. We may receive a referral fee from LoanOptions.ai if your finance settles. Any fees are set by LoanOptions.ai or the lender and shown to you before you sign. See How we get paid.
Common questions
Do I need a deposit?
Not always. Some lenders will fund the full price, depending on the asset, your trading history and credit. A deposit or trade-in can lower repayments.
What's a balloon payment?
An optional lump sum at the end of the term. It lowers the regular repayments but means a bigger final payment – and more interest over the life of the loan. Try it in the calculator.
Can I finance used equipment?
Often yes, though lenders may have limits on the asset's age and condition, and private sales can need extra checks.