Unusual Equipment Finance
If your business equipment is unusual or weird, we can finance it.
We’re not scared to finance the weird and unusual equipment that keeps Australian businesses moving forward. In fact, we revel in it.
We understand that businesses often need to purchase equipment that is uncommon or one of a kind. Having equipment that is new and innovative can be the competitive edge a business needs to beat the competition. Or you might want to purchase an obscure, old reliable workhorse that is more affordable than new equipment.
Regardless of its age, we know it can be hard to get funding for an unusual asset. Traditional banks are often reluctant to lend because there isn’t enough evidence to give them comfort regarding the perceived risk. And with thousands of ‘in the box’ applications coming through, many lenders just don’t have the time or interest in finding out more about the equipment.
This is where we come in. Regardless of the type of asset or how unusual it is, if it will help a business make more money, keep it running or give them a competitive advantage, then we can provide business equipment finance.
We haven’t yet come across an asset that was too unusual for us to consider for business equipment finance. Try us.
Here is just a fraction of the unusual assets we’ve financed:
Arcade Gaming machine
Barber Shop fittings
A long term Transport client of mine dedicated to his profession for many years unfortunately found, due to circumstances out of his control, it difficult to obtain funding from the traditional banks. The forward thinking of the team at Service Finance worked with us to produce an outcome that was easy to manage and progressed my client’s opportunity. Without this flexibility, my client’s business may have lost their contract, but more importantly, I could have lost him completely as a client. To have a flexible financier on my panel that will create opportunities where others can’t helps my brand to service the now often complex Transport Industry!
Challenge: A client had run a successful bar for several years and wanted to re-do the interior to improve the appearance
Challenge: A new business of coin operated gaming machines wanted to grow their business further by purchasing some new machines. However,
Challenge: An inter-state transport business purchased a 1993 refurbished tipper trailer but was unable to secure funding due to the asset's