Fox Finance Group has been assisting Australian businesses to help them finance their business equipment since 2006.
As a leading equipment loan broker in Australia, we understand that acquiring the right machinery and equipment is crucial for the growth and success of your business. Whether you're a small startup or an established enterprise looking to expand, our expertise and extensive network of lenders allow us to tailor financing options that align perfectly with your unique business needs.
Our team takes the legwork out of finding the best deal in the marketplace across a range of industries including Trucks and Transport, Mining and Construction, Farming and Ag, Boating and Marine, Aviation, Hospitality, Office Equipment and more.
An equipment finance loan is a business loan that mainly helps businesses get equipment. It is different from a regular business loan because the equipment finance loan uses the equipment as collateral against the loan. An equipment loan allows you to purchase or lease any physical asset to your company.
We aim to provide authoritative and trustworthy insights into machinery and equipment finance, helping you make well-informed decisions to propel your business forward. Let us navigate the complexities of funding, so you can concentrate on what matters most - driving your business to new heights with cutting-edge equipment and improved operational efficiency.
Whether it's new or second-hand equipment, from a private vendor or dealer, we have a tonne of business equipment finance options for you.
There are a number of different ways to finance your equipment purchases. It’s our job to make sure we help you untangle the web of different products, terms and structures available and to provide you with some clear options that suit your business needs today.
Our panel consists of financiers that offer many different funding methods including Chattel Mortgage / Commercial Loan, Hire Purchase, Finance Lease, Unsecured Business Loans, Rental Agreements, Operating Leases, Novated Leases, Lease Back and more!
Luckily, a business equipment finance loan allows your business to buy and upgrade many pieces of equipment. Lenders will usually provide a wide range of funding options.
It can start as little as a few thousand dollars to hundreds of thousands and even millions of dollars. If your business requires upgraded equipment, an equipment loan can help you purchase all new equipment for your company.
It doesn’t take too long to apply for an equipment loan since most lenders will have you apply online, which is the quickest way to get your financing as early as possible.
Online equipment loan applications can usually be completed somewhere between 5 and 10 minutes and can be approved within 24 hours. So in most situations, all it takes for you to buy and upgrade equipment for your business is to fill out a simple online form.
With all types of loans, it is important to consider certain features before applying for a machinery loan. You should always know the interest rate and what fees are involved. With an equipment loan, there are a few other aspects to look for.
Getting your business equipment loan for the correct period is essential. Taking out an equipment loan for a short time can reduce the total interest you pay, but it can also impact the cash flow of your business.
There could also be additional fees if you cannot make the repayments on your loan. On the other hand, a more extended loan period can increase the total interest you pay.
The loan speed is another important aspect when applying for a business equipment loan. The rate you will spend time applying for the loan and how quickly you can access funding.
The speed of a loan is only sometimes an essential factor to businesses, but to some, it is crucial. If you are in a hurry to replace a piece of equipment for your company, loan speed should be an important factor.
When looking for a business equipment loan, you should find a loan with minimal fees, as it will likely lower the overall cost of your loan. Fees are usually intended to deter late payments or cover any other expenses the lender incurs to collect your payment.
Some lenders charge a fee equal to a percentage of your late payments, while others charge you a flat rate fee. Some typical costs to look out for include late fees, ongoing fees, application fees, origination fees, payment processing fees, prepayment penalty, and settlement fees. You can also compare any early repayment fees to your loan if you plan to pay it off ahead of time.
It would help if you always aimed to get a loan with the lowest possible interest rate when applying for any loan. Fox Finance Group will help you find a loan with the lowest possible interest, allowing you to save money on your monthly payments.
To be approved for equipment loans with the most competitive low-interest rates, you must have a high income and an excellent credit score.
It would help if you were looking for high fees or any restrictive conditions you know you cannot fulfil. Applying for a loan with the lowest possible interest rate will likely result in paying less interest throughout the loan period.
Transport and Equipment Finance
Fox Finance Group has been assisting Australian Businesses to help them finance their business equipment since 2006. Our team take the legwork out of finding the best deal in the marketplace across a range of industries including Trucks and Transport, Mining and Construction, Farming and Ag, Boating and Marine, Aviation, Hospitality, Office Equipment and more. Whether it’s new or second-hand equipment, from a private vendor or dealer, we have a tonne of finance options for you.
Apply for a business loan
Unsecured Business Loans – Money in Your Account Within 24 Hours
Do you need to purchase something for your business right now? We’ve helped thousands of Australian businesses grow by partnering with us and using smart lending strategies within their business with a clear strategy to take things to the next level. We have been a part of the success stories of businesses trading in hospitality, retail, beauty services, transport and aviation, wholesalers, accountants, solicitors, real estate agents and much more.
Apply for a business loan
Tradesman Loans – Money in Your Account Within 24 Hours
Do you understand your options when it comes to Business Finance and Leasing? When we say that we can help you decide which option is best for your situation, we really mean it. With Fox Finance Group, you also get access to your very own Financial Planner to help you understand and plan through the best financial options for you and your business.
Apply for a tradie loan
Unsecured Business Line of Credit of up to $25,000
Do you need to purchase something for your business right now? We get so excited when we speak about our Unsecured Business Line of Credit product with our business clients! Having access to a facility like this has already proven to be a game changer for many Australian businesses.
Apply for a line of credit
Invoice Funding – Unlock Your Cashflow Today!
We have a number of Invoice Finance options for our customers. Imagine getting paid 80% of every invoice you issue with in 48 hours? Would that dramatically help your cashflow? WHAT EXACTLY IS INVOICE FINANCE? Invoice Finance is simply the use of outstanding debtors/accounts receivable to raise working capital. Invoice finance is not a loan it is the sale of trade debts/invoices for cash to bridge the cashflow gap between the time the sale is made and when the customer…
Apply for an invoice funding loan
Competitive Franchise Finance Options
Franchise Finance Obtaining finance when buying a franchise may be difficult as many lenders hesitate to fund new franchises or new ventures. At Fox Finance Group our Lending Specialists have many years experience in securing competitive franchise funding. We have strong business relationships with a number of financial institutions and banks that can help put the dream of owning your own…
Apply for a franchise loanTransport and Equipment Finance
Fox Finance Group has been assisting Australian Businesses to help them finance their business equipment since 2006. Our team take the legwork out of finding the best deal in the marketplace across a range of industries including Trucks and Transport, Mining and Construction, Farming and Ag, Boating and Marine, Aviation, Hospitality, Office Equipment and more. Whether it’s new or second-hand equipment, from a private vendor or dealer, we have a tonne of finance options for you.
Apply for a business loanUnsecured Business Loans – Money in Your Account Within 24 Hours
Do you need to purchase something for your business right now? We’ve helped thousands of Australian businesses grow by partnering with us and using smart lending strategies within their business with a clear strategy to take things to the next level. We have been a part of the success stories of businesses trading in hospitality, retail, beauty services, transport and aviation, wholesalers, accountants, solicitors, real estate agents and much more.
Apply for a business loanTradesman Loans – Money in Your Account Within 24 Hours
Do you understand your options when it comes to Business Finance and Leasing? When we say that we can help you decide which option is best for your situation, we really mean it. With Fox Finance Group, you also get access to your very own Financial Planner to help you understand and plan through the best financial options for you and your business.
Apply for a tradie loanUnsecured Business Line of Credit of up to $25,000
Do you need to purchase something for your business right now? We get so excited when we speak about our Unsecured Business Line of Credit product with our business clients! Having access to a facility like this has already proven to be a game changer for many Australian businesses.
Apply for a line of creditInvoice Funding – Unlock Your Cashflow Today!
We have a number of Invoice Finance options for our customers. Imagine getting paid 80% of every invoice you issue with in 48 hours? Would that dramatically help your cashflow? WHAT EXACTLY IS INVOICE FINANCE? Invoice Finance is simply the use of outstanding debtors/accounts receivable to raise working capital. Invoice finance is not a loan it is the sale of trade debts/invoices for cash to bridge the cashflow gap between the time the sale is made and when the customer…
Apply for an invoice funding loanCompetitive Franchise Finance Options
Franchise Finance Obtaining finance when buying a franchise may be difficult as many lenders hesitate to fund new franchises or new ventures. At Fox Finance Group our Lending Specialists have many years experience in securing competitive franchise funding. We have strong business relationships with a number of financial institutions and banks that can help put the dream of owning your own…
Apply for a franchise loan
You can complete your business loan application either online or over the phone with us.
We will ask you to provide proof of business income and identification.
We'll work hard to ensure your business loan approval is as close to your loan preferences as possible.
With our technology, most business lenders will allow for secure digital signing of loan contracts.
Your loan funds can often be processed within one business day. It's that simple!
You can complete your business loan application either online or over the phone with us.
We will ask you to provide proof of business income and identification.
We'll work hard to ensure your business loan approval is as close to your loan preferences as possible.
With our technology, most business lenders will allow for secure digital signing of loan contracts.
Your loan funds can often be processed within one business day. It's that simple!
Yes. Making too many credit enquiries is not ideal and will affect your credit rating. Each time you apply for a loan, it can reduce your credit score, and your credit score is one of the main factors considered by lenders when assessing your loan application. Many lenders see multiple credit enquiries as a sign of a high-risk customer that is panicking and in desperate need of finance.
This is the exact reason why you should consider using Fox Finance Group; we have the knowledge and expertise to get your loan approved with the best Lender the first time round. We’ll also educate you along the way so you know exactly what your credit score is, and what is currently sitting on your credit file that all Lenders will see. Speaking with our Lending Specialists is obligation free; call us now or apply online today!
Yes – we finance all types of prime movers and trucks for business purposes. If it’s big and it moves, we have the lenders on our panel to help. Have an obligation free chat with one of our business lending specialists today about what the best loan options and structures are for you – call 1300 665 906.
We finance forklifts, tankers, cranes, prime movers and other heavy plants for heavy industry assets such as construction, mining, and more. Ensuring that you structure your heavy plant finance in the most cost effective way for your business is critical to being able to grow your business without hurting your cashflow. The good news is that we do this all day every day for our clients, so speak with us today about your options.
as a Financial Services Group helping customers Australia wide
of processed applications for everyday Australians and SME businesses
applications since 2006 and growing
Rated 5 out of 5 by our customers on Google
