Equipment Finance Perth

All You Need To Know About Financing Equipment for Your Business

How Can We help?

State Finalists for the Regional Finance Broker
MFAA 2023 Commercial and Equipment Finance Broker Award
MFAA 2022 Commercial and Equipment Finance Broker Award
MFAA 2022 Customer service Business Award
MFAA 2021 Commercial Finance Broker Award State Finalist
MFAA 2021 Finance Broker Business Award State Finalist
MFAA 2021 Residential Finance Broker Award State Finalist
Plan Australia Business of the Year – 1 Loan Consultant – Western Australia 2020

What Our Customers Think:

Nick helped us every step of the way, finding us the best deal for our situation and walking us through the steps, offering guidance when required. The customer service was excellent and we have come out the other side much better off than prior to refinancing. Would highly recommend him if you want a quality, tailored solution for your home loan from someone with your interests genuinely at heart!

Shannon Wood

November 2023

Highly recommend Chris as an excellent broker and Vicki for the final stages of the settlement. They were able to sort out a complicated refinance for me and Chris kept in constant contact with me over the process which took a while.

Steve Incerti

November 2023

I cannot recommend enough the help and service. We have no idea of the processes involved and Kurtis has been more than willing to spare valuable time in guiding us.

Dianne Crisp

November 2023

Nick is amazing at what he does!
Financial stuff can be daunting but Nick made the journey through it all feel like a breeze.
Thank you Nick.

Elle Maxwell

November 2023

This is the second time Whiteroom Finance helped us in securing finance. Karl Baker was a great help both times. He is easy to communicate to, explains in simple English and is very proactive. It was a joy to have someone like Karl to help.

Singh K

September 2023

A huge shoutout to Chris and his team for going above and beyond to help us secure our family home. Their dedication and unwavering support made the process so smooth. Highly recommended!

Client Survey Feeback

August 2023

Most amazing team! we had such issues trying to receive a loan but Whiteroom Finance made it so easy and guided us throughout start to finish would highly recommend, was always there whenever we needed.

Sidoroska S

June 2023

Working with Chris and the team to refinance my mortgage was a smooth and easy process, highly recommend.

Kirk T

June 2023

Been working with Chris since 2016. Very professional and finds the best services to suit each loan, and is there every year to review it for you.

Passmore A

May 2023

Whiteroom Finance have been fantastic in helping my partner and I get our first home loan, and then our second, and they have also been a great help in refinancing these loans. They are professional and quick to respond to all of our emails (even after hours and on weekends). They listened to us and made sure to find suitable lenders that offered the home loan structures that we wanted. An enthusiastic 5 stars for these guys.

Pech A

May 2023

Great experience with Whiteroom Finance all the team is really helpful and supportive. Will be using them again!!

Ellery K

March 2023

Thank you for making the process so easy and as pain free as buying a house can be!

Client Survey Feedback

November 2022

Thank you very much to Chris White and his wife Vicki White from Whiteroom. With all of their hard work they made our goal possible. We are very excited the settlement went through today. Neil and I highly recommend their professionalism, knowledge and their dedication. We had a very awkward situation and Chris with his knowledge was able to reach our goals.

Neil & Kaliope C

September 2022

Chris and the team were able to simplify an unclutter the complex and intimidating process of buying our first home. They were readily accessible throughout the journey and we are ecstatic with the final outcome.

James L

August 2022

Thankyou for all your assistance through this journey, it's been a huge learning curve as a first home buyer, but I'm very thankful to have had your guidance throughout the process!

Dana S

November 2022

What is Equipment Finance?

Equipment finance is simply a loan specifically obtained for the purchase of a vehicle or equipment, also known as a lease, hire purchase, or chattel mortgage. Equipment finance is secured against the item you purchase.


How Can an Equipment Finance Loan Help My Business?

Most businesses need to acquire capital equipment in the normal course of operating. This equipment could include computers, vehicles, trucks and trailers or any other form of specialised equipment. Without equipment funding, businesses would need to use their own cash for the purchase. The need to acquire equipment for many businesses occurs during periods of growth, where cash can be stretched and paying thousands upfront can be challenging.

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Why Use a Business Equipment Loan?

Business equipment loans are commonly used among business owners because they:

  • Can apply to the purchase of most physical items (that are not stock) and for any amount
  • Require no property security or mortgage debentures (in most cases)
  • Offer a loan of up to 100% of the purchase cost (including GST)
  • Offer terms up to 5 years or more in some circumstances
  • Can be used for any business type, structure, or industry
  • Are approved and settled efficiently
  • Are a fixed monthly repayment
Book an obligation free consultation with a member of the Whiteroom Finance team

Industries We Serve

construction site

You can rest assured our team will secure the right equipment finance loan for your business. No matter the industry you’re in, our team have you covered, with experience in:

  • Farming and agriculture
  • Hospitality and catering
  • Trucks and vehicles
  • Fitness and leisure
  • Boat and Marine
  • Construction
  • Commercial
  • Engineering
  • Resources
  • All trades
  • Industrial
  • Aviation
  • Printing
  • Mining

Equipment We Can Finance

fleet of trucks
  • Solar panels and HVAC systems
  • Computers and technology
  • Underground equipment
  • Point-of-sale machines
  • Specialised equipment
  • Workshop equipment
  • Commercial kitchens
  • Commercial printers
  • Warehouse racking
  • Shipping container
  • Welding machines
  • Mining equipment
  • Plant equipment
  • Office furniture
  • Workbenches
  • Water pumps
  • Laser cutters
  • Appliances
  • Software
  • Forklifts
  • Drill rigs
  • Trailers
  • Lathes
  • Cranes
  • Trucks
Download our guide to equipment finance

In Need of Equipment Finance for Your Perth Business?

As with most business choices, the right solution is a tailored one. Get in touch with a member of the Whiteroom Finance team to discover the options available for your business.

Book an obligation free consultation with a member of the Whiteroom Finance team.

Equipment Finance Loans Explained

financial solutions

Chattel Mortgage

A chattel mortgage is a loan in which the value of the item being purchased is used as security against the loan. This loan type is common amongst business owners, as once the chattel mortgage is approved, you will own the asset outright.

Finance Lease

A finance lease involves the Lessor (finance organisation) purchasing the item and the Lessee is then required to make payments to the lessor. The asset is registered in the name of the Lessee and the Lessor agrees to sell the asset to the Lessee at the end of the lease term for a pre-determined amount. The Lessee does not own the asset until they purchase from the Lessor; this may enable the full lease payment to be expensed.

Novated Lease

A novated lease is a Finance Lease where a third party (normally an employer) makes payments on the Lessee’s behalf. Typically this may be applied where you are able to use of a vehicle under a ‘salary sacrifice’ arrangement. While payments are made by your employer, responsibility for repayments lies with you and you will need to consider the tax implications involved, such as Fringe Benefits Tax (FBT).

Operating Lease and Rentals

An operating lease is a Finance Lease where the cost to maintain the equipment or vehicle is included in the monthly payments. The repayment may include things such as fuel, servicing, tyres, insurance, and any other costs incurred to own the equipment.

Hire Purchase

Hire purchase is similar to a chattel mortgage as the responsibilities of ownership fall with you. However, a hire purchase involves owning a greater percentage of the asset as each repayment is owned. For example, if there are 60 equal repayments, with each payment you own one-sixtieth of the asset. This means you claim 1 sixtieth of the GST (goods and services tax) with each repayment until the final payment when you own the asset.

Financial consultation

Leasing Calculator

The leasing calculator will help identify the monthly repayments you will be required to make depending on the cost of the asset.

Business Equipment Finance - Case Study

We recently assisted a client to purchase a new machine for their engineering workshop in Perth. They had been outsourcing their machining needs for some time but demand had grown and the cost of outsourcing exceeded the cost of acquiring the plant and providing the service themselves.

A suitable asset was identified in NSW and funding sought but during the process, the client discovered the plant couldn’t operate without a dedicated generator, so a second loan was sought to purchase one. Both equipment loans were increased slightly to cover the cost of freight.

The equipment loan type meant the client didn’t need to contribute any payment upfront. It also allowed us to arrange for the GST to be repaid in full after 4 months. This meant the client didn’t have to find the cash to pay GST upfront but could defer until they received their ITC (input tax credit), further assisting them to acquire the asset without strain on cash flow.

Overall, the client acquired a new plant without any immediate impact on cash flow. The acquisition reduced costs of outsourcing, improved efficiency and grew revenue by allowing them to offer expanded services to their clients.

(Disclaimer: details including amounts and repayments are demonstrative only, funding is always subject to lender decision and terms)

Our Partners

Our clients range from single-operator businesses to large commercial enterprises. For these clients we have funded:

  • Crushing and screening plant
  • Underground plant
  • Customized trailers
  • Trucks and trailers
  • Van fit outs
  • Aircraft
  • Caravans
  • Boats
  • Cars

Our extensive panel of equipment finance providers include specialist financiers, second-tier lenders, and the major lenders

Is Equipment Finance the Right Solution for Your Perth Business?

At Whiteroom Finance, we get to know you and your business by asking you and your advisers the right questions. That’s why we can recommend the appropriate equipment finance solutions. Potentially, saving you thousands or helping you make more.

Can you afford to not ask the right questions when considering equipment finance for your business?

Download our guide to equipment finance. The handy guide will walk you through all the questions you need to ask when considering if equipment finance is the right option for your Perth business.

PDF COVER For download resource