Equipment Finance
Flexible Funding to Grow Your Business
Whether you need machinery, vehicles, technology, or specialised tools, equipment finance can help you acquire the assets your business needs, without impacting your cash flow. At Stellar Finance Group, we offer tailored finance solutions to help businesses of all sizes secure equipment quickly and affordably.
What Is Equipment Finance?
Islamic lending, or Sharia-compliant finance, is an ethical and faith-based alternative to traditional interest-based loans. Under Islamic principles, earning or paying interest (riba) is not permitted. Instead, home finance is structured around asset-based or partnership models, such as:
Equipment finance is a specialised loan or lease product designed to assist businesses in purchasing, upgrading, or replacing essential equipment and machinery necessary for their operations.
Rather than paying the full cost upfront, which can be a significant drain on cash flow, equipment finance enables you to spread the cost of your investment over a series of manageable repayments. This approach not only preserves your working capital but also allows your business to maintain liquidity, invest in other growth opportunities, and stay competitive by accessing the latest technology or equipment without the burden of large initial expenses.
Common types of equipment financed include:
Commercial vehicles and trucks
Manufacturing and industrial machinery
IT hardware and software
Medical and dental equipment
Construction tools and heavy machinery
Agricultural equipment
How Equipment Finance Works
When you apply for equipment finance, a lender provides funding to purchase the asset. You repay the loan or lease amount over an agreed term, typically 1 to 5 years, with fixed or variable interest rates. At the end of the term, you may have options such as:
Owning the equipment outright (loan)
Returning or upgrading the equipment (lease)
Refinancing or extending the lease term
Our brokers help you understand these options and find a solution aligned with your business goals and cash flow.
Benefits of Equipment Finance
- Preserve cash flow by avoiding large upfront payments
Access the latest technology and machinery to stay competitive
Flexible loan or lease terms tailored to your business needs
Potential tax advantages, including depreciation benefits
Fast approval and funding, so you don’t miss business opportunities
Spread payments in line with your revenue cycles
Who Can Benefit from Equipment Finance?
Equipment finance suits a wide range of businesses, including:
Small to medium enterprises looking to upgrade technology
Startups needing specialised tools without upfront capital
Established companies expanding operations or replacing old equipment
Tradespeople and contractors requiring vehicles or tools
Medical, dental, and allied health practices investing in new devices
Agricultural businesses purchasing tractors or harvesters
No matter your industry or size, we can find financing options that work for your unique needs.
Why Choose Stellar Finance Group?
Access to a broad panel of lenders offering competitive rates
Expert advice to structure finance that aligns with your cash flow
Quick, hassle-free application and approval process
Support for businesses with varying credit profiles and industries
Personalised service tailored to your business goals
Clear explanations of finance options and repayment terms
Frequently Asked Questions
Can I finance new and used equipment?
Yes, equipment finance is available for both new and pre-owned machinery or technology.
What documents do I need to apply?
Typically, you’ll need business financial statements, proof of identity, and details about the equipment you want to finance.
Are there tax benefits to equipment finance?
Depending on your structure and finance type, you may be able to claim depreciation or lease payments as tax deductions. Consult your accountant for advice.
Can startups or new businesses qualify?
Yes, we work with lenders that provide equipment finance solutions tailored to startups and new enterprises.
How quickly can I get approved?
Approval times vary, but many applications are processed within a few business days.
Speak to Us
Ready to Grow Your Business?
Don’t let equipment costs hold you back. Contact Stellar Finance Group today for personalised equipment finance solutions that keep your business moving forward. Request a free consultation and get started today.