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Manufacturing Finance

Manufacturing businesses are all about quality production at low costs. As specialist Manufacturing Finance Brokers we know obtaining the right machinery can be crucial in pushing for growth and expansion for your business. Over time, the team at Yakka Finance have developed a greater knowledge on a range of manufacturing industries and matching the right solutions to their business.

There are some incredible manufacturing businesses we have helped and developments in machinery technology mean they are forever evolving in production. Yakka Finance will act on your behalf to secure you the best available manufacturing finance packages possible across a large number of banks & lenders in the Australian market. Our service saves you time and money as we handle the entire process for you achieving the best financial outcome for your manufacturing business.

How can YAKKA Finance help you and your manufacturing business moving forward?

Every manufacturing business is unique. We enjoy taking the time to meet you, understand your business and match the most appropriate solutions for your equipment purchases

We can help with Woodworking Machines, Metalwork Equipment, Packaging Machines, Plastic Moulding Machines, Engineering Equipment and any other manufacturing machinery

Easy application process saving you time & money. We know your time poor and hate long delays from banks. Our processes ensure you are always delivered an exceptional experience

Manufacturing Loans and Approvals on minimal documentation

Let us negotiate with the banks and get the best rate for your business equipment purchase

Excellent Rates on all manufacturing equipment

Dealer & Private Sales accepted

Get Manufacturing Finance with No Deposit Options available to you

Yakka Finance know how to best present your application to the banks to secure your approval with no fuss

*Conditions apply. Subject to credit approval.

We are available at all hours to take your call. Please contact Scott on 0401214427 or by email at scott@yakkafinance.com.au

Frequently Asked Questions

Why should I use Yakka Finance to help with my purchase?

Yakka Finance are specialists in Manufacturing Equipment Finance for many reasons. We know the industry back to front and are knowledgeable on all the gear required to complete the job efficiently. We take the time to know every banks rates and policies to make your application process informative, cost effective and effortless. Having one point of contact for all your business purchases is a great feeling and we pride ourselves on delivering that promise.

In our experience from our clients when comparing with the banks is that we will take on any piece of equipment you are wanting to finance no matter what your situation and we strategically know how to grow your business as quick or as slow as you need. Our selection of a wide variety of lenders is there to fit every customer that engages in our services. Let us assist and show you the Yakka Finance Difference.
What types of manufacturing assets do you finance?
We have helped thousands of Australian businesses with all type of manufacturing equipment loans. These include but are not limited to:

CNC Machines

Engineering Equipment

Plastic Moulding Machines

Packaging Machines

Food Machinery

Welding Machinery
What determines the interest rate?
The question we always like to highlight and educate our clients about is what actually dictates the interest rate the bank charge. Here are a few key variables in how the interest rate can change.

How long you have been in business for e.g. New Business or Established Business

If you are purchasing from a dealer/supplier or from a Private sale

What year build the truck/equipment is. For instance: A brand new CNC Machine would have a much better rate to a 2003 Year Model CNC Machine

Your Industry experience

How specialised your machinery is
How much can I borrow?
How soon can I get approved?

We pride ourselves on fast approvals. We can have confidence in saying that we can get you approved in as little as 2 hours. Having strong relationships with every bank due to the volumes we give them and how well we put together our applications ensures faster turnaround times. Realistic turnaround times on the average application at Yakka Finance are between 6-48 Hours depending on your specific application. Bigger size lends over $500k will have approval times at 2-3 days. If you want to see how fast we can move call us today!
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 the finance we know that it almost always doesn’t deliver the best outcome for your business. Here are the 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 for an approval. Yakka get an understanding of your business and what you are purchasing and then take you to the most appropriate bank

It’s important to spread your 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 lowers rates and lets you dictate how you run your business and not the other way round.

One bank will have a better rate than another bank depending on what Truck you purchase

You will spend a lot more of your own time putting an application together from the bank with no idea if you will get an approval

You have one point of contact for every equipment purchase you do. Staff always change in banks as new roles are given. Have the comfort of someone that knows your business back to front and have your best needs in mind.
What if I have a bad credit rating?

In life sometimes things don’t go your way. With most of our clients if they get a Default on their file there is normally a good reason behind the default and why it’s there. Some people are unlucky with Energy Bills when they change of address, have a dispute on a Phone Bills where they charged to much. We 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 still get manufacturing loans approved. Have comfort that we have the right lenders on our panel to get you approval even with a default on your credit file.