Equipment Finance NZ
Finance essential business equipment with competitive rates and flexible terms. From machinery to technology, get the equipment you need while preserving cash flow.
💰 Smart Financing: Equipment acts as security = better rates. Plus tax depreciation benefits and potential GST credits for your business.
Why Choose Equipment Finance?
Asset-Backed Security
Equipment serves as loan security, enabling better rates
Tax Benefits Available
Depreciation deductions and potential GST advantages
Flexible Terms
Terms matched to equipment lifecycle (1-7 years)
Fast Settlement
Quick approval to secure equipment deals
Equipment Finance Options Compared
Equipment Loan
Traditional loan secured by the equipment
✅ Advantages:
- • Ownership from day one
- • Build business credit
- • Tax depreciation benefits
❌ Considerations:
- • Higher monthly payments
- • Responsible for maintenance
- • Technology obsolescence risk
Best For:
Long-term use equipment with stable technology
Equipment Lease
Rent equipment with option to purchase
✅ Advantages:
- • Lower monthly payments
- • Technology upgrades available
- • Maintenance often included
❌ Considerations:
- • No ownership initially
- • Higher total cost
- • Return conditions apply
Best For:
Technology that updates frequently or short-term needs
Hire Purchase
Gradual purchase through installments
✅ Advantages:
- • Ownership at end of term
- • Fixed payments
- • No balloon payment
❌ Considerations:
- • Higher interest than loans
- • Early termination fees
- • Depreciation risk
Best For:
Vehicles and equipment with predictable value decline
Equipment We Finance by Industry
Manufacturing & Industrial
Equipment Types:
- Production machinery
- CNC machines and lathes
- Industrial ovens and furnaces
- Packaging equipment
- Quality control systems
- Conveyor systems
Financing Details:
Construction & Earthmoving
Equipment Types:
- Excavators and bulldozers
- Cranes and lifting equipment
- Concrete pumps and mixers
- Dump trucks and trailers
- Scaffolding systems
- Power tools and generators
Financing Details:
Transport & Logistics
Equipment Types:
- Commercial vehicles
- Delivery trucks and vans
- Forklifts and warehouse equipment
- Refrigeration units
- GPS tracking systems
- Loading dock equipment
Financing Details:
Healthcare & Medical
Equipment Types:
- Diagnostic equipment
- Surgical instruments
- Dental chairs and X-ray machines
- Laboratory equipment
- Patient monitoring systems
- Rehabilitation equipment
Financing Details:
Technology & Office
Equipment Types:
- Computer systems and servers
- Software licenses
- Telecommunications equipment
- Point-of-sale systems
- Security systems
- Office furniture and fixtures
Financing Details:
Hospitality & Food Service
Equipment Types:
- Commercial kitchen equipment
- Refrigeration systems
- Point-of-sale systems
- Furniture and fixtures
- Sound and lighting systems
- Cleaning equipment
Financing Details:
Tax Benefits of Equipment Finance
💡 Important: Equipment finance offers significant tax advantages for NZ businesses. Always consult your accountant for specific tax advice.
Depreciation Deductions
Claim annual depreciation on equipment value
GST Input Credits
Claim GST back on equipment purchases
Interest Deductions
Finance interest is tax-deductible business expense
Immediate Write-Off
Small equipment may qualify for immediate deduction
Compare Equipment Finance Lenders
ANZ Equipment Finance
Westpac Asset Finance
Heartland Equipment Finance
Equipment Finance Application Process
Equipment Selection
Choose your equipment and get quotes from suppliers
- • Compare multiple suppliers
- • Negotiate best price
- • Check warranty terms
Finance Application
Submit equipment finance application with documentation
- • Prepare financial statements
- • Include equipment quotes
- • Complete application accurately
Assessment & Approval
Lender reviews application and equipment valuation
- • Respond quickly to lender queries
- • Provide additional documents if requested
Documentation & Settlement
Sign finance agreements and arrange equipment delivery
- • Review all terms carefully
- • Arrange insurance
- • Schedule equipment installation
Calculate Equipment Finance Repayments
Use our calculator to estimate monthly repayments for your equipment purchase. Remember to factor in tax benefits and depreciation.
Business Loan Calculator
Estimate your loan repayments and find the right financing option
Equipment Finance FAQ
What equipment can I finance?
Most business equipment can be financed including machinery, vehicles, technology, medical equipment, and office furniture. The key requirement is that the equipment must be used for business purposes and retain some resale value.
Do I need a deposit for equipment finance?
Typically 10-30% deposit is required, though this varies by lender and equipment type. Some lenders offer 100% finance for certain equipment types or established businesses with strong credit.
Can I finance used equipment?
Yes, most lenders will finance used equipment, though terms may be shorter and interest rates slightly higher. Equipment typically needs to be less than 10 years old and in good working condition.
What happens if the equipment breaks down?
You remain responsible for loan payments regardless of equipment condition. This is why equipment insurance and warranty coverage are strongly recommended. Some lenders offer payment holidays in exceptional circumstances.
Can I pay out the loan early?
Most equipment finance agreements allow early repayment, though early termination fees may apply. Variable rate loans typically have lower early repayment penalties than fixed rate loans.
Ready to Finance Your Equipment?
Get competitive equipment finance quotes from New Zealand's leading lenders. Preserve your cash flow while getting the equipment you need to grow.