Plant & Equipment/Agriculture/Yellow Goods
We can help you obtain finance for many types of agricultural and plant and equipment assets including yellow goods, material handling and industrial machinery. The equipment is used to secure the loan so you can generally borrow up to 100% of the equipment value.
Yellow goods is a broad term used by lenders to describe various earthmoving machinery such as excavators, bulldozers, graders, skid steer loaders and crushing and screening equipment.
Agricultural equipment can include tractors and mowers.
Material handling and access equipment can include forklifts, mobile cranes, container lifts, boom lifts and scissor lifts.
Industrial and engineering plant and equipment may include lathes and presses.
Most plant & equipment and yellow goods assets will qualify for loans that require simplified criteria under our lenders’ “Small Ticket” and “Express” policies so they can be quickly turned around, getting the money and asset you need sooner!
Equipment financing can be used in a variety of ways such as purchasing new equipment for that new work contract, expanding your business or upgrading your old and tired machinery and covers many different industries such as construction industry or civil engineering, farming or logging. Whatever your needs, we are here to help you purchase your plant and equipment with fast and flexible loans! Already paid cash to buy the equipment? Not to worry, our lenders can provide buy-back finance if the equipment was purchased within 30-90 days and you have receipted evidence.
These equipment loans may also allow you to take advantage of current government incentives such as the instant tax write-offs. Always speak with your accountant to determine if this is suitable and tax effective solution for your circumstances.
Below is a list of more plant and equipment that can be financed:
Success story:
One of our clients is a golf club in Melbourne who requires new mowers, gators, turf rollers and boom sprayers to maintain their lawns!
We successfully refinanced multiple Atlas Rock Hammers for a large civil engineering company.
We have assisted mechanical and repair businesses fitout their workshops with hoists to conduct their work.
Contact our office to discuss current guidelines on acceptable assets, loan values and documentation requirements to fit express policies. It your situation doesn’t meet the express criteria; don’t worry, we can still help! We will provide you a list of financials required for the submission.
LET’S GET STARTED
To finance your way to success today