Equipment Finance

Brief Details

Welcome to Woodward Finance, your partner for bespoke equipment financing. In Australia’s dynamic industry landscape, having the right tools and machinery, be it through Civil Construction Equipment Finance, Commercial Equipment Finance, Manufacturing Equipment Finance or Healthcare Equipment Finance, is crucial. Each solution is uniquely tailored to meet diverse sector needs. With Woodward Finance, securing the right financing for your essential equipment is streamlined, supporting your business growth efficiently.

Need the right finance for your equipment? Call us now at 0439 313 541 or visit our contact page for personalised solutions!

Why Choose Woodward Finance

At Woodward Finance, we’re not just lenders; we’re partners in your progress. Here’s why we stand out:

Tailored Financing Solutions:

We recognise that every business is unique. That’s why we offer customised loan structures designed to meet your specific requirements. This ensures that your financial solutions align perfectly with your business goals.

Strong Track Record of Approval:

Our history speaks for itself. We have a consistent record of approving a wide range of financing requests, which demonstrates our commitment to supporting Australian businesses.

Efficient and Streamlined Process:

Time is money, and we value yours. Our process is quick and hassle-free, with online applications and prompt, reliable decision-making

Flexible Repayment Options:

We provide flexible repayment plans that can be tailored to match your financial situation and make managing your finances easier.

Transparent and Competitive Pricing:

With Woodward Finance, what you see is what you get. Our pricing is straightforward, with no hidden fees, ensuring that you receive the best possible rates and terms.

Types of Equipment Finance

Whatever your sector, we have a financing solution for you:

Specialising in financing heavy machinery and construction vehicles, we empower your construction projects with the necessary financial support.

Tailored loans for office equipment and technology upgrades to ensure your business stays ahead in the commercial arena.

Specialised financing solutions for manufacturing machinery and industrial equipment that drive your production capabilities.

Custom solutions for financing medical devices and healthcare technology, supporting the vital healthcare sector.

Benefits of Equipment Finance with Woodward Finance

Choosing Woodward Finance means enjoying numerous benefits:

Personalised Service:

Our dedicated advisors take the time to understand your business and ensure solutions that truly match your financial objectives.

Cost-Effective Financing:

We help you preserve cash flow and working capital, which offers cost-effective financing solutions that make economic sense.

Strategic Financial Planning:

Align your equipment financing with your business's long-term growth strategies, ensuring a harmonious financial future.

Asset Management Assistance:

Benefit from our guidance on the optimal management and utilisation of financed equipment to maximise your investment.

Enhanced Business Agility:

Quick access to essential equipment keeps you competitive and agile in your industry.

Simplified Documentation:

Our hassle-free documentation process ensures a smooth and straightforward financing experience.

At Woodward Finance, we’re more than just a financier; we’re a partner in your business growth. With our tailored equipment loan finance solutions, you have the power to take your business to new heights. Get in touch with us today, and let’s build your business future together.

Request More Information.

Please use the form below to get in touch with our team. We’ll get back to you as soon as we can.

FAQs For Equipment Finance

How Does Equipment Finance Work?

Equipment finance is a loan used for purchasing business equipment like machinery or vehicles, helping in asset acquisition while preserving cash flow. The process includes applying for the loan, undergoing a credit assessment and getting approval from the lender. Once approved, funds are provided for equipment purchase. Notable features include capital preservation, potential tax benefits and flexible repayment terms, which align with business cycles and cash flow needs.

Why Do Businesses Choose Equipment Finance?

Businesses opt for equipment finance to maintain their cash flow and working capital while acquiring necessary equipment. It offers flexibility in terms of repayment options and can be more cost-effective than outright purchase. Additionally, equipment finance can provide tax benefits, such as deductions for interest payments and depreciation. This type of financing also allows businesses to access the latest equipment without a significant upfront investment.

How To Choose The Right Equipment Finance Option?

Choosing the right equipment finance option involves assessing your business needs, financial health and long-term goals. Consider factors, such as the type of equipment needed, how long it will be used and the total cost of ownership. Compare different finance products, interest rates and terms offered by lenders. It’s also important to understand the tax implications and how the finance option aligns with your business’s cash flow. Seeking advice from financial advisors or experts in equipment finance can also aid in making an informed decision.

How Does the Equipment Finance Process Work, And What Documents Are Required?

The equipment finance process typically starts with an application, followed by a credit and financial review by the lender. Required documents often include business financial statements, tax returns and a detailed plan for how the equipment will be used. Once approved, the terms are finalised, and funds are disbursed for the equipment purchase. The process’s duration can vary, but some lenders offer expedited services for quicker approval.

How Does Equipment Finance Compare To Leasing In Terms Of Ownership And Tax Implications?

In equipment finance, the borrower typically owns the equipment outright at the end of the finance term, which can have tax benefits like depreciation deductions. In contrast, leasing often involves lower monthly payments but without the benefit of ownership. Tax implications can vary; for instance, lease payments may be fully deductible as a business expense, whereas with finance, interest payments and depreciation are typically considered.