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Car & Equipment Finance Made Simple

Flexible finance solutions to get you on the road or fully equipped — without cash-flow strain.

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Introduction – Car & Equipment Finance

From buying a new vehicle, upgrading machinery, or financing essential equipment, the way your loan is structured matters more than most people realise. A poorly structured car or equipment loan can restrict cash flow, increase tax exposure, and limit future borrowing — even if the interest rate looks competitive.

At Grange Finance, we specialise in car and equipment finance solutions that are practical, flexible and aligned with how you use the asset. From personal vehicle finance to complex business equipment loans, we focus on getting you approved quickly — with terms that make sense long after the keys are handed over.

Who This Service Is For

This service is designed for individuals and businesses who need reliable access to vehicles or equipment without tying up large amounts of cash up front.

If you’re an individual buyer, we help finance cars, utes, SUVs, motorcycles and recreational vehicles with repayment structures that suit your income and lifestyle.

For business owners and self-employed professionals, this service is ideal when vehicles or equipment are essential to operations — whether you’re a trader upgrading a work ute, a company expanding its fleet, or a business investing in new machinery.

We also work with investors and contractors who need asset finance structured correctly for tax efficiency and cash-flow management.

Types of Car & Equipment Finance

There are several ways to finance vehicles and equipment, depending on ownership, tax treatment and cash-flow goals.

  • Chattel Mortgage –
    Common for business use; you own the asset outright while spreading repayments over time.
  • Hire Purchase –
    Ownership transfers after the final payment, with predictable repayments throughout.
  • Finance Lease –
    You lease the asset with the option to upgrade or purchase at the end of the term.
  • Operating Lease –
    Best for businesses wanting off-balance-sheet treatment and asset flexibility.
  • Personal Car Loan –
    Suitable for private buyers purchasing vehicles for non-business use.
  • Equipment Finance Loan –
    Designed for machinery, tools or specialised business equipment.

Each option has different tax, ownership and repayment implications — choosing the right one is key.

New vs Used Vehicles & Equipment

Both new and used assets can be financed, but lenders assess them differently.

New Vehicles & Equipment

New assets generally attract:

  • Lower interest rates
  • Longer loan terms
  • Higher approval flexibility

They’re often preferred for businesses planning long-term use or fleet consistency.

Used Vehicles & Equipment

Used assets can still be financed, but:

  • Age and condition matter
  • Loan terms may be shorter
  • Interest rates may be slightly higher

We help assess whether financing new or used makes better financial sense for your situation — not just what’s cheapest upfront.

Business & Personal Finance Options

We structure finance differently depending on how the asset will be used.

  • Business Finance Options
    Loans can be structured for tax efficiency, depreciation benefits and GST treatment, while preserving working capital.
  • Personal Finance Options
    Repayments are aligned with personal income, lifestyle needs and long-term affordability.
  • Mixed-Use Assets
    Where vehicles are used for both business and personal purposes, we help structure loans carefully to avoid tax and compliance issues.

Tax & Cash Flow Considerations

Car and equipment finance can significantly impact your cash flow and tax position.

Key considerations include:

  • GST treatment on purchase and repayments
  • Depreciation benefits for business assets
  • Interest deductibility for business use
  • Matching repayments to income cycles
  • Preserving cash for operational needs

We work with your broader financial picture in mind — not just the loan itself.

Why Choose Us for Car & Equipment Finance

✔ Fast, Practical Approvals

We know which lenders move quickly and which ones suit your asset type.

✔ Access to 50+ Lenders

Banks, non-banks and specialist asset finance providers.

✔ Tailored Structures

We match the loan to how you use the asset — not generic templates.

✔ Ongoing Support

We review and adjust finance as your needs evolve.

FAQs

  • 1. Can I finance both new and used vehicles?

    Yes — most lenders offer options for both, subject to age and condition.

  • 2. Is car finance different for businesses?

    Yes — business finance has different tax and ownership considerations.

  • 3. How long does approval usually take?

    Many car and equipment loans can be approved within days if documents are ready.

  • 4. Can I include a balloon payment?

    Yes — balloon structures can reduce monthly repayments if suitable.

  • 5. Do I need a deposit?

    Not always — some lenders offer low- or no-deposit options depending on circumstances.