Fund the Tools That Power Your Business
Equipment Finance
Whether you’re upgrading, expanding, or replacing gear – we’ll help you finance the equipment your business depends on. With flexible terms and fast approvals, you can keep growing without draining your capital.
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Satisfied Customers
Million In Funds Delivered
Equipment Finance Benefits
At Lyft Money, we help Australian businesses access the tools they need to perform and scale. From tradies and healthcare providers to construction and agriculture businesses – we offer tailored equipment finance solutions that keep your operations moving.
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Finance for new or used equipment
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Suitable for all industries and ABN holders
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Preserve cash flow with structured repayments
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Chattel mortgage, lease, or hire purchase available
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Low-doc and full-doc options
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Buy from dealers, auctions, or private sales
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Finance up to 100% of equipment value
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Repay over 1–7 years with flexible options
Why Choose Lyft Money?
Access the right funding to grow, invest, and manage cash flow with confidence. Whether you’re expanding, purchasing equipment, or need working capital, Lyft Money provides tailored finance solutions to support your business.
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Finance for all business types
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Flexible loan options
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Fast approvals
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Competitive rates from 6.24%.
Our Services
Equipment Finance
What, When, Who?
What is Equipment Finance?
Equipment finance allows businesses to buy or lease machinery and tools without paying upfront. Instead, you repay the cost over time – freeing up capital for other expenses. Finance options include chattel mortgages, equipment leases, and hire purchase.
When Should You Use Equipment Finance?
Equipment finance is a smart move when:
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You want to upgrade or replace old gear
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You’re scaling your operations and need more tools
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You’ve secured new contracts and need equipment fast
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You want to preserve cash or working capital
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You’d prefer to match repayments with usage
Who Is It Great For?
Perfect for:
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Tradies and subcontractors
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Construction and civil businesses
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Manufacturing and fabrication
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Medical and dental practices
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Anyone needing plant, tools, or specialist equipment
Our Services
Lyft Money Equipment Finance
Our Service
Equipment finance gives you the tools to do the job – without the wait. We help businesses invest in their future with smart, tailored funding backed by industry expertise.
Contact Us
Ready to Get Started?
Apply in minutes – no upfront costs, no obligation, and no impact on your credit score. Just straight-up support, when you need it
Testimonials
what people say about us
Jane Sonata
Travis Baker
Logan Diggs
Kate Morrison
Frequently asked questions
Find answers to commonly asked questions. If you still need help, feel free to contact us by clicking the blue button below.
1. Can I finance equipment as easily as a car?
Yes—excavators, tractors, and more can all be financed.
Often through a chattel mortgage, hire purchase, or lease.
2. Do I need an ABN for equipment finance?
Yes, you do. Lenders don’t usually treat heavy machinery or equipment as personal-use assets (except very small items like gardening gear).
For business-use equipment, an ABN is required so the finance is structured correctly.
3. What finance options exist for equipment?
- Chattel mortgage – you own it, may claim GST/depreciation.
- Hire purchase – own it after final payment.
- Finance lease – lender owns it, you pay to use.
4. Can I get 100% finance on equipment?
Yes, full-funding is common. Deposit is optional but reduces repayments.
5. How long can I finance equipment?
Typically 1–5 years, sometimes up to 7 (or 10 in special cases).
6. Can I finance equipment without financials?
Yes—low-doc loans use BAS, bank statements, or an accountant’s letter.
7. Do I need insurance on equipment?
Yes—comprehensive commercial insurance is mandatory.
8. What are the common pain points in equipment finance?
Hidden fees, bait-and-switch rates, and poor communication.
We solve this with upfront quotes, transparent fees, and dedicated support.
9. What are the basic eligibility requirements for car or equipment finance in Australia?
You generally need to be 18+, an Australian resident or citizen, and have a regular income.
Good credit helps, but some lenders still approve if your score isn’t perfect.
10. Can I pay off my loan early?
Often yes, but some lenders charge early payout fees.
- We’ll find you a product that suits your future plans.
- Example: Some loans allow unlimited extra repayments without penalty.
11. What’s a balloon payment?
A lump sum due at the end of the loan to keep repayments lower.
- Example: $50,000 truck with 20% balloon = $10,000 due at term’s end.
- Works well if you plan to trade in or upgrade later.
12. Will applying hurt my credit score?
No, checking rates is usually a “soft check.”
- Only when you proceed with a specific lender is a “hard check” done, which can affect your score.
- This means you can shop around safely.