Equipment financing
Acquire machinery, vehicles and fit-out with up to 100% funding over terms as long as seven years — without draining your cash reserves.
Let the asset pay for itself
Equipment that earns revenue should be paid for out of the revenue it earns — not out of a cash reserve you spent years building. Asset finance aligns the two: repayments run over the useful life of the machine, roughly in step with what it produces.
Because the equipment secures the facility, pricing is usually sharper than an equivalent unsecured loan, and approval is more accessible for companies with a shorter trading history. You choose between hire purchase, where you own the asset at the end, and leasing, which keeps monthly costs lower and hands back the residual risk.
Best suited to
- Manufacturing and engineeringCNC machines, production lines, precision tooling.
- Construction and logisticsExcavators, lorries, forklifts, prime movers.
- F&B and hospitalityKitchen equipment, cold rooms, full outlet fit-outs.
- Technology and medicalServers, diagnostic and imaging equipment, specialist software.
Why finance rather than buy outright
Preserve your cash
Keep reserves available for payroll, stock and opportunities instead of sinking them into one asset.
Lower rates through security
The asset itself secures the facility, which typically prices better than unsecured borrowing.
Match cost to useful life
Terms up to 84 months, so the repayment profile follows the productive life of the equipment.
New or used equipment
Certified pre-owned machinery is financeable, subject to age and independent valuation.
Hire purchase or lease
Own the asset outright at the end, or lease for lower monthly cost and no residual risk.
Potential tax efficiency
Capital allowances or deductible lease payments may apply. Confirm treatment with your tax adviser.
A S$450,000 CNC machining centre
A precision components manufacturer financed a new machining centre over five years, structured so the monthly repayment sat below the additional contribution the machine generated.
Illustrative only. Your own terms depend on credit assessment and are confirmed in writing before you accept.
From application to funds
Send the quotation
The supplier quote or proforma invoice is the starting point for the assessment.
Choose the structure
We model hire purchase against leasing so you can see both monthly cost and end position.
Approval and valuation
Indicative decision within 24 hours; used equipment may need an independent valuation.
Supplier paid directly
On completion, funds go straight to your supplier and delivery is arranged.
Questions about equipment financing
Yes, subject to age, condition and an independent valuation. As a guide, most financiers will fund equipment where the age at the end of the financing term stays within the asset’s expected useful life. Advance rates on used assets are typically lower than on new.
Frequently none. Well-qualified applicants financing new equipment can obtain up to 100% of cost. A deposit of 10–20% is more common for used assets or shorter trading histories, and it will lower your rate.
Hire purchase if you want to own the asset and expect it to hold value or stay useful beyond the term. Leasing if you want the lowest monthly cost, expect the technology to date quickly, or would rather not carry the disposal risk. We will show you both sets of numbers.
Yes. Fit-outs, kitchen installations and cold rooms are routinely financed, though advance rates are usually lower than for standalone machinery because the asset is harder to remove and resell.
Under hire purchase, title transfers to you on the final payment. Under a lease, you return the asset, extend the lease, or purchase it at the agreed residual value — all of which are set out in your agreement at the start.
Have a supplier quotation in hand?
Send it across and we will come back with an indicative monthly figure for both hire purchase and leasing, usually the same day.