Equipment Loans and Machinery Finance

Hodgestone Finance can offer a range of equipment loans, including:

• Truck finance
• Farm equipment finance
• Earthmover finance

We have a loan type to suit your circumstances and will work closely with you and a network of lenders to secure the right option. The loan types available include:

1. Full doc equipment loans
2. Low doc equipment loans
3. Secured equipment loans
4. Unsecured equipment loans
5. Bank-funded equipment loans
6. Non-bank / private equipment loans

Some key things to keep in mind when you’re getting an equipment loan include:

1. Do you have assets you can use as security?
2. Do you have PAYG income proof or will you need to apply for a low doc loan?
3. What is the realistic timeframe you’ll be able to repay your loan in?

Hodgestone Finance will get to know you and your circumstances before recommending the most appropriate commercial equipment financing options.

In general, bank lenders will usually offer lower rates while private lenders offer more flexibility. The advantages of private lending include:

1. A more personalised experience
2. A less stringent application process
3. Many private lenders specialise in equipment loans
4. More flexible contract options

Low doc equipment loans allow you to secure machinery finance with less documentation. Generally, you will only be asked for:

1. A current ABN
2. Business activity statement
3. Accountant’s statement

The specialist equipment brokers at Hodgestone Finance can also assist you with heavy machinery loans. We can even provide “non-conforming equipment loans”, which are commercial equipment financing options open to people with no assets, poor credit history, or little documentation of things like PAYG income proof.

To connect with a heavy machinery broker in Tasmania, Victoria, NSW, Queensland, and around Australia, contact Hodgestone Finance today.