Equipment finance Perth
Asset finance funds equipment against the equipment, and Quantum Finance matches the asset, its age and its working life to the lenders that fund that category, then compares what each one will write.
- Vehicles, trucks, earthmoving plant, machinery, fit-out and IT.
- The asset is the security, so cash and property stay free.
- Lenders fund by asset category, age and working life.
- Your accountant decides which structure suits your books.
- Years broking
- 21+Years broking
- Loans settled
- $1B+Loans settled
- Credit licence
- ACL 389083Credit licence
- Lenders compared
- 40+Lenders compared
Our awards and recognition
Awarded by the people who see every broker’s numbers
Diamond Club
2026
Money Quest Group
Diamond Club
2025
Money Quest Group
Diamond Club
2024
Money Quest Group
Mortgage Broker of the Year
2023/24 — National, highest dollar volume settled
Southern Cross Broker Network
Excellence in Finance, Gold
2021
PLAN Australia
Excellence in Finance, Gold
2020
PLAN Australia
Hall of Fame
Valued partner, 15 years
PLAN Australia
Elite Broker
2021
Broker Value Proposition
Premium Broker
ANZ
Individual Excellence Award
2016
Specialist Finance Group
Sales Excellence Award
PLAN Australia
Sales Master Award
PLAN Australia
Top 100 Brokers
Four times
Australian Broker
What our asset finance service does
The work on an equipment finance deal, from asset class to settlementEquipment finance funds a piece of gear against the gear itself, so the asset is the security and the business does not tie up its property or its cash to buy it. Lenders fund by asset category, age and expected working life, and those appetites differ sharply between them.
Vehicle and equipment finance covers utes and trucks, earthmoving plant, manufacturing machinery, medical fit-out and IT. A five year old excavator and a new delivery van sit with different lenders.
The structure changes who owns the asset and how the payments sit in your books, which is a question for your accountant rather than a lender's sales team.
We match the asset to the lenders that fund that category
Asset finance appetite is set by category, age and working life rather than by the borrower alone. New yellow goods, a used truck and a dental chair sit with different funders. Getting the category to the right lender first is what keeps the file from being declined for something structural.
We handle the private sale and dealer paperwork
A dealer purchase and a private sale need different documents, and a private sale needs a check that the asset is not already financed by somebody else. We chase the invoice, the identification numbers and the payout figures. Missing one of those is what delays a settlement that was otherwise approved.
We set the structure out plainly for your accountant
Chattel mortgage, lease, rental and hire purchase change who owns the asset and how the payments appear in your accounts. Your accountant should choose between them. Our job is to make sure every option on the table is described accurately before that conversation happens.
We compare the term against the asset's working life
A facility that outlives the machine leaves a business paying for equipment it no longer uses. We set the term against how long the asset will actually earn and what it is likely to be worth at the end. That is a cash flow decision as much as a finance one.
We negotiate the whole cost, not the headline
Asset finance is quoted as a payment, which hides the term, the balloon and the fees inside one number. We ask for the components and compare like against like. A lower payment over a longer term is not a cheaper deal, and it is presented as though it were.
We keep a record for the next purchase
Businesses that finance equipment do it repeatedly, and a clean repayment history on a past asset is worth real weight on the next application. We hold the file so the next purchase starts from what has already been proven rather than from a blank form.
Asset finance structures
Six ways equipment gets financed, and who ends up owning the assetThese are structures rather than products, and the difference between them is ownership and what happens at the end of the term. Which one suits a business depends on how it accounts for the asset, so the choice belongs with your accountant.
- Chattel mortgage
How it works
The business owns the asset from day one
Worth knowing
The financier registers security over the item
- Finance lease
How it works
The financier owns the asset and leases it to the business
Worth knowing
The end-of-term position is set in the contract
- Operating lease or rental
How it works
Using the asset for a term, then handing it back
Worth knowing
Suits equipment that dates quickly, such as IT
- Hire purchase
How it works
Hiring the asset, with ownership passing at the end
Worth knowing
Less common now, and still written by some funders
- Sale and leaseback
How it works
Releasing capital out of plant already owned outright
Worth knowing
The asset is sold to the financier and leased back
- Low doc asset finance
How it works
Established businesses without current full financials
Worth knowing
Usually needs a clean history on comparable equipment
Do not try to pick a structure off a table. Tell us what you are buying and how long you expect to run it, then take our summary to your accountant and let them make the call.
Who equipment finance suits
The Perth businesses we fund equipment forEvery business below funds an asset against the asset rather than out of working capital. These are the ones that come through the door most often.
Trades and civil contractors replacing or adding plant
Transport operators buying prime movers, trucks and trailers
Manufacturers funding production machinery
Medical, dental and allied health practices funding equipment and fit-out
Businesses running a fleet of utes, vans or light commercial vehicles
Owners releasing capital from plant the business already owns outright
How an equipment finance application runs
Five steps, with the asset checked as carefully as the borrowerEquipment finance runs through the same five steps as any file we write, with the asset itself assessed alongside the business. On a private sale that includes confirming the item is not already financed by somebody else.
Start an application
You send us the basics and we work out what you could borrow and which lenders will look favourably at your situation.
Read this step in full: Start an applicationWhat you need
Income, debts, deposit
Get pre-approved
We put your file to the lender that fits and bring back a pre-approval in writing, subject to lender approval and your circumstances.
Read this step in full: Get pre-approvedWhat we do
Match the lender to your file
Get officially approved
Once your offer is accepted, the lender orders its valuation and issues formal approval.
Read this step in full: Get officially approvedWhat we do
Chase the lender, so you do not have to
Prepare for settlement
We go through the loan documents with you before you sign anything, then coordinate the lender and your settlement agent.
Read this step in full: Prepare for settlementWhat you need
Your questions, asked early
Stay up to date
After settlement we keep the loan under review as rates move and your circumstances change.
Read this step in full: Stay up to dateWhat we do
Review it, and tell you first
Step 1 of 5 · Start an application
About our independent mortgage brokers
The Perth brokers who arrange your equipment financeIndependent means no franchise above us and no lender owning a share of the business. Nobody upstairs sets a monthly target, so an equipment file goes to the funder that wants that asset class. A dealer offers one finance option; we compare 40+ lenders.
Gavin Harrigan has been broking from West Leederville since 2005. Today it runs on a small team, Gavin Harrigan, Justin Richardson and Xavier Prescott, each with their qualifications on the page. You deal with the person who writes your loan, before settlement and after it.
The work runs from a first home loan, through refinancing and investment lending, out to construction, small developments and commercial property. Same broker, whichever end of that you are at.
- VerifiedBroking since 2005
- VerifiedOver $1 billion in loans settled
- VerifiedAustralian Credit Licence 389083
- VerifiedMoneyQuest accredited
- VerifiedMember of the Finance Brokers Association of Australia (FBAA)
- Verified40+ lenders on the panel
Fifteen minutes is usually enough to tell you where you stand. No cost, no obligation, and any lending is subject to approval and your circumstances.
Why choose us for equipment finance
The dealer's finance desk has one funder behind itEquipment finance quoted at the point of sale comes from whichever funder the dealer is aligned with, and it is quoted as a payment rather than as a cost. Every point below is a consequence of how this business is owned, not a slogan about service.
- Included
No franchise, no head office quota
We do not pay a franchise fee, so nobody upstairs sets a monthly target for us to hit. That removes the main reason a broker recommends the wrong loan.
- Included
No lender owns a share of us
The banks have no stake in this business and no claim on where files go. Your bank has one loan to sell you. We do not.
- Included
40+ lenders, one shortlist
We compare 40+ bank and non-bank lenders, then explain why the shortlist looks the way it does. Policy differences decide more applications than rate does.
- Included
We will tell you when the answer is no
If refinancing does not actually save you money, we say so and you leave the loan where it is. A wrong loan costs more than the fee it earns.
- Included
The same broker after settlement
You keep dealing with the person who wrote the loan. We review it as rates and your circumstances change, not once and then never again.
What our clients say
In their words, not oursReviews left by people we have settled loans for, pulled straight from the platform they were written on.
Our asset finance panel
Every asset class has its own funders, so we compare 40+ lendersMajor banks, second-tier banks, and specialist non-bank funders who write asset classes and asset ages the majors will not. MoneyQuest gives us access to the panel. 21+ years across it tells us who funds what.
A selection of the lenders we are accredited with. Ask us who else is on the panel for your situation.
Our commercial finance guides
Business and commercial lending, explained plainlyHow commercial and business lending is assessed, and what a credit team is actually looking at. Each one carries a broker's name.
Choosing a broker
What a mortgage broker does
What the job actually involves, who pays for it, and when your own bank is the better call.
Read it: What a mortgage broker does
Investing
Financing an investment property
How lenders read rental income, and how investors fund a deposit from equity.
Read it: Financing an investment property
Development
Funding a property development
How funders read a project, and why the exit is decided before the first drawdown.
Read it: Funding a property development
Commercial
Commercial finance, explained
Why commercial lending is negotiated rather than priced, and what lenders ask for.
Read it: Commercial finance, explained
Meet our Perth asset finance brokers
You get a broker, not a call centreThree people, all named, all reachable. The person who quotes your equipment is the person who settles it and the person who takes the call on the next machine.
Gavin Harrigan
Managing Director
Broking since 2005, four-time Top 100 broker and a PLAN Australia Hall of Fame member.
- Bachelor of Commerce, Applied Finance and Commercial Law — Curtin University
- Diploma of Finance and Mortgage Broking Management — AAMC Training Group
- PLAN Australia Hall of Fame member
- Elite Broker status
- Top 100 Brokers, four times
Justin Richardson
Loan Consultant
Business and law background, and a habit of making the process feel simple.
- Bachelor of Commerce, Business Law and Marketing — Curtin University
- Bachelor of Laws (in progress) — Murdoch University
Xavier Prescott
Loan Consultant
Fresh qualifications, a competitor's discipline, and a lot of patience.
- Diploma of Finance and Mortgage Broking Management
Common questions about equipment and asset finance
What is equipment finance?
Equipment finance funds a piece of business equipment against the equipment itself, so the asset is the security. The business gets the gear without tying up property or cash. Lenders assess the asset's category, age and expected working life alongside how the business trades.
What is the difference between asset finance and equipment finance?
In practice they describe the same thing. Asset finance is the broader term, covering vehicles, plant, machinery, fit-out and technology. Equipment finance usually points at the working gear specifically. Both fund an item against that item rather than against the balance sheet.
Can I finance a used vehicle or second-hand machinery?
Often yes, and the asset's age is a real factor. Lenders set limits on how old an item can be at settlement and at the end of the term, and those limits differ between funders. We take used assets to the funders that write them rather than the ones that will not.
What is a chattel mortgage?
A chattel mortgage is a structure where your business owns the asset from the start and the financier registers security over it. Ownership sitting with the business is the main difference from a lease. How that appears in your accounts is a question for your accountant.
Should I use a chattel mortgage, a lease or a rental?
That decision belongs with your accountant, because the structures differ in who owns the asset and how the payments sit in your books. We set out accurately what each option on the table involves. Your accountant then chooses the one that suits how the business is run.
Can I release money out of equipment I already own?
A sale and leaseback does exactly that. The business sells an asset it owns outright to a financier and leases it back, which turns idle plant into working capital while the gear stays on site. Not every funder writes them, and the asset needs to hold value.
Is dealer finance cheaper than going through a broker?
Not necessarily, and it is difficult to tell from the quote. Dealer finance comes from whichever funder the dealer is aligned with, and it is presented as a monthly payment rather than a total cost. Ask for the term, the balloon and the fees, then compare on those.
Can I get equipment finance without full financials?
Low doc asset finance exists for established businesses that cannot supply current full financials. Funders generally want a clean repayment history on comparable equipment instead. It costs more than a fully documented facility, and for the right business it is the difference between buying the machine and missing it.
Related business finance we arrange
The other facilities an equipment buyer usually needsNew plant usually arrives with a cash flow question attached. If yours does, it is the same broker and the same conversation.
Business Loans
Secured and unsecured funding for growth, stock, equipment, premises and acquisitions.
Learn moreabout Business Loans
Working Capital Loans
Cover the gap between paying your suppliers and being paid by your customers.
Learn moreabout Working Capital LoansCommercial Property Loans
Finance secured by an office, warehouse, shop or mixed-use building you buy or already own.
Learn moreabout Commercial Property Loans
The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Any figures shown are estimates only. Lending is subject to approval, and to the lender's terms, conditions, fees and charges. Consider whether the information is appropriate for you before acting on it.
Get in touch
Talk to us about financing equipmentFour questions and you are done. A broker reads it, works out which funders write your asset class, and rings you back on the number you give us.
Would rather just talk?
Ringing is quicker than waiting for us to ring you, and you get a broker rather than a queue.
1300 813 113