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Machinery Finance

Yakka Finance is proud to say that we are one of the market leaders in Machinery Finance and support a whole range of specialised industries. As Specialist Machinery Finance Brokers, we are experts in arranging finance for machinery of all shapes and sizes to suit every business’s needs. No matter what their situation is.

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How to Secure Machinery Finance

Securing machinery finance is often essential for those seeking access to such assets without immediate available funds for an outright purchase. Typically, machinery and equipment financing options come with fixed terms, and the specific terms, including loan amounts, interest rates, and repayment schedules, hinge on factors such as the borrower’s creditworthiness and the nature of the machinery in question. Our financing solutions can be obtained through online lenders as well as traditional financial institutions. By using expert industry knowledge, thorough research and collaboration with reputable financers, we secure our clients the most favourable financing arrangements.

Access Expertise in Award-Winning Machinery and Equipment Finance

Our team comprises seasoned experts with extensive knowledge and experience in the machinery finance sector. We provide our clients access to our wealth of expertise, empowering them to make well-informed decisions throughout their financing journey. Our dedicated team of finance experts is ready to offer top-notch advice, support, and guidance to assist you in obtaining your next machinery loan.

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We are dedicated to making Machinery Finance as convenient and seamless as possible. We will act on your behalf to secure you the most cost-effective Machinery Finance from over 60 banks & lenders.

We are experienced at securing machinery loans from licensed dealerships or private sellers, whether the machinery is brand new or has been used.

Have you been looking for someone experienced in Machinery Finance and also is knowledgeable on the actual Machinery?

We value your time as a business owner and want you to focus on what matters, your business, so let us show you how we support our clients on all types of machinery finance solutions. Whether you are a new or already established business we can secure the right Machinery Finance solution bespoke to your current circumstance.

Keep your business moving with low rates

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What’s our promise to you?

Want a long-lasting relationship for years to come? We promise we are painless to deal with, our service is convenient and cost-effective. We will always handle the entire application process for you with all the relevant parties including the likes of your Dealership, Private Seller or Accountant.

We know how to strategically get the most out of every bank across Australia to grow your transport business with the equipment it needs.

Quick & Clear Approval Process

No Long Application Forms

Approvals with No Financials Available*

Relationship Focused and Lifetime Support on All Your Loans

No Deposits Required*

Award Winning Machinery Finance Brokerage

Market Leading Interest Rates

Expert Knowledge on Machinery Finance

*Conditions apply. Subject to credit approval.

The Team at Yakka Finance are available at all hours to take your call. Please contact our Machine Finance Specialists on 1300 842 911 or by email at info@yakkafinance.com.au for a quote today!

Machinery Solutions for Every Industry.

Earthmoving & Construction

Having quality Earthmoving & Construction Machinery is necessary for your business’s success. It’s the gear that wins you contracts and generates you the income. We are very knowledgeable on earthmoving machinery such as excavators, graders, dozers, loaders, trenchers, rollers, positracks and much more. We speak your language and love supporting earthmoving and construction businesses grow their fleets of plant & equipment.

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Agriculture & Farming

We understand that Agriculture & Farming industry and the Machinery that’s required and structuring the correct finance repayment structure to fit in with your business. Structuring payments after harvest can mean all the difference to your business and its income. We have the expert knowledge to understand the seasonal demands of the Agriculture & Farming Industry and can deliver a seamless finance solutions for your business on tractors, harvesters, slashers, mulcers, headers, sprayers and much more.

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Mining

When it comes to funding Mining Machinery for your business, it is so important to have someone that understands Mine Spec machinery, whether you are surface mining or underground mining. We secure Machinery finance on dump trucks, dozers, drill rigs, scrapers, graders, loaders and much more. Yakka Finance understands finding the right finance solution can be challenging as mining business especially with the machinery being a higher loan size than traditional machinery because of their mine specifications. We understand the complexities of the Mining Industry and how to successfully secure the approval you need for your business.

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Transport & Logistics

Yakka Finance recognises the difficulties businesses can face when acquiring or upgrading Transport & Logistics Machinery. Our Machinery Finance Specialists are heavily experienced and have the market knowledge to arrange the most competitive machinery finance solution to suit any expanding transport business not only on trucks but on forklifts.

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Forestry

Securing quality Forestry Machinery can have the biggest impact to forestry businesses and its income. The better the forestry machinery in your business the better the tonnage the business can harvest. We support the forestry industry well and secure the right machinery loans on log forwarders, loggers, harvesting heads, carbonisers, mulching heads, chippers and grinders. You name it we have funded it when it comes to forestry.

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Manufacturing

The Manufacturing Industry incorporates a diverse variety of specialised companies, and they all require one common thing bespoke machinery to help their manufacturing commitments. We understand that your manufacturing business will need to source expensive manufacturing machinery that can sometimes be quite specialised to your specific industry. Yakka Finance can help you acquire cost-effective machinery finance solution for all your manufacturing and production needs.

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Hospitality & Retail

We know when it comes to the Hospitality & Retail Industry there are unique trading conditions and wide variety of equipment and machinery to help your business trade to the best of its ability. No matter how big or small we pride ourselves on supporting the hospitality industry extremely well on all of their finance needs.

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Medical & Healthcare

Medical Equipment is so pivotal to the performance of your medical practice. It pays to see a specialist, just like in your profession. Yakka Finance have the specialised knowledge to get the most competitive results for any expanding medical or healthcare business. We promise to provide a seamless experience and the most effective finance solutions for you so you can provide a superior level of care to your clients.

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OUR LENDERS

Trusted by over 60 lenders with hundreds of loan products

FREQUENTLY ASKED QUESTIONS

Our most commonly asked machinery finance questions answered below:

Why should I used Yakka Finance to help with my machinery purchase?

Yakka Finance are specialists in Machinery finance. We know the industry back to front and are knowledgeable on the actual machinery and not only securing loans on them. We take the time to know all banking rates and lending policies to make your application process informative, cost effective and effortless. Having one point of contact for all your machinery purchases is a great feeling and we pride ourselves on delivering that promise.

When comparing us with the banks we can secure the exact same interest rates, but we strategically secure the right machinery loan approval without the delays that a Bank Manager will provide, and your Bank Manager will make you fill out a large number of forms.

The Yakka Finance Difference is we handle everything for you in your machinery purchase so you can simply keep running your business as efficiently as possible.
Is your machinery finance broking a service free to use?
What types of machinery do you finance?
What’s your interest rates?

This is a very common question that is always essential to ask. We have market leading interest rates that start from 3.29% for Brand New Machinery purchases.

Every customer is different, and all are in a different stage of their business journey. Our biggest commitment at Yakka Finance to you is that we want to look after a business for the lifetime that they are operating. The only way we have a loyal customer is to secure market leading rates for you and make the application process simple and stress free every single time. If our interest rates were high, we would never ever have the number of loyal customers that continually use our services.

The big advantage for you and your business is because of our volumes and the quality of our application submissions we are offered preferential interest rates that not all finance brokerages can secure. This is a big advantage to our business but also a huge advantage to your business.
What influences the interest rate?
There are many factors that can influence the interest rate on a machinery you are purchasing. Here are some key considerations that can influence the rate:

How long you have been in business for

If you are purchasing a machinery from a Dealer/Supplier or a machinery from a private seller

What specific year build the machinery is. For example, brand-new dozer would secure a much lower rate compared to a machinery that has a 2003 year build dozer

If you or your spouse is a property owner or if you are currently renting

Your Machinery loan Amount. In some instances, the higher the Machinery loan amount the lower the interest rate with some banks.

If you have had machinery finance before and if your repayment history has been good or bad

If you have a clean credit file or a bad credit file
Do you do Low Doc Machinery finance?

Yes, we have a huge variety of Low Doc Finance solutions for your machinery. Low Doc Machinery finance means we only need a very small amount of information to secure your Machinery finance approval. Most of the time with no proof of earnings or profits. Our specialists can run you through how easy it is to secure a low doc machinery finance approval over the phone in 5 minutes. Low Doc approvals can go up to $500k on Machinery finance.
Can you finance older machinery?
What do I need to get machinery finance?

Every machinery finance application will differ depending on your current situation. It’ encompasses how long your business has been operating and is performing, the machinery you are purchasing & the amount you are looking to borrow. Once we have a five-minute phone call, we will run you through the key items we need, which in some cases is very little. Please don’t feel you need to give us everything but the kitchen sink like a bank manager would as this is simply not the case and you can still secure the exact same rates. We strategically know exactly how to secure your finance approval with the right documents.
I don’t have a deposit to put into my machinery, can I still apply for finance?
I haven’t completed my company financials; can I still apply?

Yes, we have a wide variety of items we can use to secure your Machinery loan approvals without the need for completed financials and the finance approval can still be with a major bank without financials. Some Machinery Finance approvals require very little documentation. Some other key items we can utilise include BAS Statements or Bank Statements just to name a few examples.
I have a Bad Credit Rating can I still be approved?

We fully understand that what happens in the past doesn’t dictate where you are now. With most of our clients if they get a Credit Default on their file there is normally a good reason behind the default and why it’s there.

Some of our customers are just unlucky with Energy Bills when they change their address, of have had a dispute on a Phone Bill where they were charged to much by their phone provider. These are all very common and banks have a good understanding of this.

We always get an understanding of why your Credit Rating is below the average and then effectively communicate to the appropriate bank as to why it’s there and banks are still very comfortable on getting you machinery loans approved when there is a story around the Credit default. Have comfort that we know how to communicate to the right banks or lenders your story on the Credit Default to get you an approval even with a default on your credit file. In addition, we have a great team we utilise to actually lift the Credit Default off your file for you.
Can you finance machinery from a Private Seller?
Can you organise Machinery Insurance?
Why don’t I just go direct to my bank for the finance?
Although we are more than happy for you to go to your bank to obtain your machinery finance, we know that it almost always doesn’t deliver the best or same outcome for your business. We know our process compared to a banks process is completely different and in a good way. Here are some key reasons why:

You could end up going to the wrong bank who would charge you a much higher interest rate and make you jump through a lot more hoops to secure your Machinery finance approval. We know the banking landscape very well and once we get an understanding of your business and what machinery you are purchasing; we will then take you to the most appropriate bank to secure your approval with ease.

It’s so important to spread your machinery loans across multiple banks. Why? It means that one bank never owns your business and instead we have multiple banks fighting for your business instead. This keeps competition high and interest rates low and lets you dictate how you run your business and not the other way round. It is not smart to have all your loans with the one bank.

One bank will have a better interest rate than another bank depending on what Machinery you are purchasing. Our knowledge across all lenders can save you a lot of time here.

You will spend a lot more of your own time and efforts putting an application together from the bank and have no idea if you will get an approval. Banks will make you do a lot of the work. When we go to a bank, we are already 99% sure they will approve your machinery loan and have presented it the correct way to that specific bank.

With Yakka Finance you will always have one point of contact for every equipment purchase you do. Bank Managers are always changing roles in the banks. You might have a great bank manager for one year and then they move on, and you have to build a new relationship with another bank manager that might not understand your business or industry at all. At Yakka we are not going anywhere and are here to have a strong relationship with your business long term on every machine you purchase.

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CONTACT US

Please feel free to contact the team at Yakka Finance 24/7

EMAIL: info@yakkafinance.com.au

PHONE: 1300 842 911

ADDRESS: Suite 5, Level 1, 345 Pacific Highway, North Sydney NSW 2060

Yakka Financial Pty Ltd ABN 75 626 017 070 trading as Yakka Finance

Yakka Financial Pty Ltd Credit Representative 508681 is authorised under Australian Credit Licence 389328.

This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.

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Machinery Finance

Contact us for a FREE QUOTE

How to Secure Machinery Finance

Access Expertise in Award-Winning Machinery and Equipment Finance

We are dedicated to making Machinery Finance as convenient and seamless as possible. We will act on your behalf to secure you the most cost-effective Machinery Finance from over 60 banks & lenders.

GET PRE-APPROVAL NOW!

What’s our promise to you?

Machinery Solutions for Every Industry.

Earthmoving & Construction

Agriculture & Farming

Mining

Transport & Logistics

Forestry

Manufacturing

Hospitality & Retail

Medical & Healthcare

OUR LENDERS

FREQUENTLY ASKED QUESTIONS

PAGES

HELPFUL LINKS

CONTACT US

Yakka Finance are Members of the following Associations:

Contact Us

Please feel free to contact the team at
Yakka Finance 24/7

info@yakkafinance.com.au

1300 842 911

(02) 9241 5477

Suite 5, Level 1
345 Pacific Highway, North Sydney NSW 2060

Finance Calculator

Recent Settlements

Truck Partners

Accountant Partners

Machinery Partners

Machinery Finance

Contact us for a FREE QUOTE

How to Secure Machinery Finance

Access Expertise in Award-Winning Machinery and Equipment Finance

We are dedicated to making Machinery Finance as convenient and seamless as possible. We will act on your behalf to secure you the most cost-effective Machinery Finance from over 60 banks & lenders.

GET PRE-APPROVAL NOW!

What’s our promise to you?

Machinery Solutions for Every Industry.

Earthmoving & Construction

Agriculture & Farming

Mining

Transport & Logistics

Forestry

Manufacturing

Hospitality & Retail

Medical & Healthcare

OUR LENDERS

FREQUENTLY ASKED QUESTIONS

PAGES

HELPFUL LINKS

CONTACT US

Yakka Finance are Members of the following Associations:

Contact Us

Please feel free to contact the team atYakka Finance 24/7

info@yakkafinance.com.au

1300 842 911

(02) 9241 5477

Suite 5, Level 1 345 Pacific Highway, North Sydney NSW 2060

Please feel free to contact the team at
Yakka Finance 24/7

Suite 5, Level 1
345 Pacific Highway, North Sydney NSW 2060