Menu
Get the machinery, tools and equipment your business needs without paying the full cost upfront. Thor Finance compares equipment loan options from 45+ lenders to find the right fit for your operation.
Equipment finance is a type of business lending that allows you to purchase or lease machinery, tools and other business equipment while spreading the cost over an agreed term. Rather than paying the full purchase price from your working capital, equipment finance lets you put assets to work immediately and pay them off through manageable regular repayments.
This type of finance is available for a wide range of business assets, from heavy earthmoving machinery and manufacturing equipment to commercial kitchen appliances, medical devices and IT infrastructure. If it has a serial number and serves a business purpose, there is a good chance it can be financed.
At Thor Finance, our panel of over 45 lenders includes specialists in equipment and machinery finance. We help businesses of all sizes find competitive finance solutions that preserve cash flow and support growth.
Thor Finance arranges equipment finance across a wide range of industries and asset types, including:
Excavators, loaders, bulldozers, skid steers, compactors, concrete equipment, scaffolding and site equipment.
CNC machines, lathes, presses, welding equipment, production line machinery, conveyors and packaging systems.
Tractors, harvesters, sprayers, irrigation systems, grain handling equipment and livestock handling infrastructure.
Diagnostic equipment, dental chairs, imaging machines, physiotherapy equipment and veterinary tools.
Commercial ovens, refrigeration units, coffee machines, dishwashers and fit-out equipment.
Commercial ovens, refrigeration units, coffee machines, dishwashers and fit-out equipment.
Power tools, compressors, generators, cleaning equipment, workshop fit-outs and specialised trade tools.
Thor Finance provides access to multiple equipment finance structures through our lender panel. The right option depends on your business structure, cash flow, tax position and how you intend to use the equipment.
You take ownership of the equipment from day one while repaying the loan over an agreed term. The equipment acts as security for the loan. GST-registered businesses can claim the GST on the purchase upfront, and interest and depreciation may be tax-deductible.
The lender owns the equipment and you make regular lease payments for the agreed term. At the end of the lease, you can pay the residual to own the asset, return it, or upgrade to newer equipment. Lease payments are typically tax-deductible as a business expense.
You hire the equipment with the intention of purchasing it at the end of the agreement. Ownership transfers to you after the final payment. This is a straightforward option for businesses that want a clear path to owning their equipment.
Similar to hire purchase, rent-to-own arrangements let you use the equipment while making regular payments. At the end of the term, ownership passes to you. This option can suit businesses that prefer simpler accounting treatment.
An operating lease is designed for equipment you may not want to own long-term. You lease the asset for a set period and return it at the end of the term. This is common for technology and equipment that depreciates quickly or requires regular upgrading.
If your business does not have the standard two years of financial statements, low doc equipment finance allows you to apply using alternative documents such as BAS, bank statements or an accountant’s declaration.
Our panel includes lenders who specialise in equipment and machinery finance across a range of industries. More lenders means more options and better rates.
95% of our applications are processed on the same day. Get approved quickly so you can secure the equipment you need before the opportunity passes.
Our pre-approval process does not affect your credit score. Explore your options risk-free.
Our team understands the equipment needs of different industries and knows which lenders offer the best terms for specific asset types.
Choose from chattel mortgages, leases, hire purchase and more. We help you find the structure that best suits your tax position and cash flow.
Whether you are buying brand-new from a supplier or purchasing quality used equipment, we can arrange finance to suit.
Financing business equipment can offer several potential tax advantages (we recommend consulting your accountant for advice specific to your situation):
Your Thor Finance broker can help you understand which finance structure may deliver the best tax outcome for your business.
Complete our online application or speak with one of our brokers. We will ask about your business, the equipment you want to finance, the purchase price and your preferred repayment structure.
We search our panel of 45+ lenders to find the most competitive equipment finance options for your situation, comparing rates, fees, terms and documentation requirements.
Depending on the lender, you may need to provide financial statements, BAS, bank statements or other business documents. For low doc applications, alternative documentation is accepted.
Most applications are processed on the same day. Once approved, you receive your finance contract to review and sign.
After signing, funds are released to the equipment supplier or seller, and you can put your new asset to work immediately.
Yes. Thor Finance arranges finance for both new and used equipment. The age, condition and type of equipment may influence the available terms and rates, but used equipment finance is a common and practical option.
Borrowing amounts depend on the type of equipment, its value, your business profile and the lender. There is no fixed maximum, and our brokers can advise you on what is achievable for your situation.
Deposit requirements vary by lender. Some offer zero-deposit equipment finance, while others may require a contribution of 10% to 20%. Your broker will advise you on the options available.
Yes. We work with lenders who provide equipment finance to new and recently established businesses, including low doc options for those without the standard two years of financial statements.
Equipment finance terms generally range from one to seven years, depending on the asset type, its expected useful life and the lender. Your Thor Finance broker will help you choose a term that balances repayments with overall cost.
Depending on your finance structure, it may be possible to refinance or trade in your current equipment and upgrade to newer assets. Speak with your Thor Finance broker to explore your options.
The initial pre-approval process with Thor Finance does not impact your credit score. A formal credit check is only conducted when you proceed with a full application through a specific lender.
From heavy machinery to specialised tools, Thor Finance makes equipment finance simple. Compare options from 45+ lenders, get same-day approval and put your new equipment to work faster.
Email us to let us know how we can help you with your business’ Loan requirements.
Thor Finance
ABN 31 629 922 589
Contact us to see how we can help you with your finance requirements
Thor Finance ABN 31 629 922 589 is an Authorised Credit Representative
#557246 of AFAS Group PTY LTD, Australian Credit Licence #414426.