What We Offer
Equipment Loans for Australian Businesses
Equipment loans give Australian businesses from sole traders and tradies to established SMEs, the power to acquire income producing assets without draining working capital. Whether you need to finance a truck, excavator, medical device, agricultural machinery, or office fit-out, Finwave connects you with 80+ lenders to find a competitive rate from 6.49% p.a. without impacting your credit score.
Based in Adelaide, South Australia, Finwave offers personalised service with the reach of a national broker panel. We handle the comparisons, the paperwork, and the lender negotiations so you can focus on running your business.
Smart Business Finance
Why Finance Equipment Instead of Paying Cash?
Many business owners assume paying cash is the smarter move. In reality, equipment finance often puts you in a stronger position both financially and from a tax perspective. Here's why:
If you pay cash...
If you finance with Finwave...
Your working capital is tied up in a single asset and unavailable for wages, stock, or unexpected costs.
Your cash stays in the business - available for wages, stock, and growth opportunities.
You wait until you can afford it - missing revenue the equipment could already be generating.
You get the equipment now and start generating revenue immediately.
One large cash outflow disrupts your cash flow and budgeting.
Predictable fixed monthly repayments that are easy to plan around.
You may miss the tax write off window by not structuring the purchase correctly.
Finance the asset and still claim the ATO's $20,000 Instant Asset Write Off, you don't need to pay cash to get the tax benefit.
No interest deductions - cash purchases have no deductible financing costs.
Interest on equipment loan repayments is generally tax-deductible. GST registered businesses can also claim the GST component on their next BAS.
Finance Structures
Which Equipment Finance Structure Is Right for You?
The structure you choose affects your balance sheet, tax position, and cash flow.
Here are the four most common options available through Finwave.
MOST POPULAR
Chattel Mortgage
Your business owns the asset from settlement. Best for full ownership, GST claims upfront on your BAS, depreciation, and the Instant Asset Write-Off.
Off-Balance-Sheet
Finance Lease
The lender owns the asset and your business leases it. Lease payments are generally fully tax-deductible. Option to purchase or return at end of term.
Ownership at End
Commercial Hire Purchase
Pay instalments over the agreed term. Ownership transfers automatically after the final payment. Ideal for spreading cost before taking full ownership.
Short-Term / Flexible
Operating Lease
Use the asset and return it at lease end. Ideal for fast-depreciating technology or equipment you want to upgrade regularly. Fully deductible.
Equipment Finance Options
What Equipment Can We Finance?
Most income producing business assets are eligible, new or used, dealer or private sale.
Construction Machinery Finance
Excavators, bulldozers, cranes, heavy equipment
Commercial Vehicle Loans
Trucks, trailers, utes, vans, fleet vehicles
Agricultural Equipment Loans
Tractors, harvesters, irrigation systems
Medical & Office Equipment
Dental chairs, imaging devices, IT systems
Manufacturing & Industrial
CNC machines, robotics, production lines
Adelaide & South Australia
Equipment Finance in Adelaide & South Australia
Finwave is a locally owned and operated finance broker based in Adelaide, South Australia. We specialize in helping South Australian businesses from Adelaide's CBD and inner suburbs to regional SA access competitive equipment finance through a panel of 45+ lenders.
We understand the South Australian business environment. Construction and civil projects across the greater Adelaide metro area. Agricultural operations in the Barossa, McLaren Vale, and the South East. Transport businesses running routes between Adelaide and the rest of the country. Healthcare and dental practices in Adelaide's growing suburbs.
Why Finwave?
80+
6.49%
24 hrs
0
SA
Australian lenders on our panel
Rates from p.a. for eligible borrowers
Typical time to pre-approval
Impact on your credit score at pre-approval
Based in Adelaide — 217 Flinders Street
Eligibility
Who Can Apply?
Equipment finance is available to most Australian businesses and ABN holders.
Active ABN or ACN (business registration)
Equipment used for business at least 51% of the time
Minimum 6 months trading (some lenders accept less)
Loan amounts from $5,000 up to $5 million+
No deposit required in many cases
Bad Credit? We Can Still Help
Finwave works with specialist lenders who assess applications individually. A previous credit issue or tax debt doesn't automatically disqualify you.
Low-Doc Loans Available
No up-to-date financials? Apply using recent bank statements. Low-doc loans available up to $500,000 ideal for sole traders and owner operators.
How It Works
Contact Us
Get in touch with our team for a free consultation.
Discuss Your Business Needs
Share your business goals, financial projections, and funding requirements with our brokers.
Receive Personalised Advice
Our brokers will analyse your business needs and recommend the most suitable loan options.
Get Pre-Approved
Receive a pre-approval to give you confidence and leverage when negotiating with suppliers or making business decisions.
Choose Your Lender
Select the lender that best suits your business needs and finalise your loan application.
Receive Your Funds
Once approved, the loan funds will be disbursed, allowing you to invest in your business growth.
Frequently asked questions
Our Trusted Lenders :
About Finwave Finance
Finwave Financial Services Pty Ltd is a licensed, independent Australian credit broker operating under Australian Credit Licence (ACL) 561258, issued by ASIC. We are based at 217 Flinders Street, Adelaide SA 5000. We help individuals and businesses across South Australia and Australia-wide access competitive finance through a panel of 80+ lenders.
We specialise in equipment and asset finance for businesses across construction, transport, agriculture, and healthcare.
Finwave is led by Michael Russell, Managing Director and Australian Credit Licence holder (ACL 561258), an FBAA-accredited broker with over 10 years of experience in Australian lending and credit.
As an independent credit broker, we are not aligned to any bank or lender. Our brokers are active members of the Finance Brokers Association of Australia (FBAA) and adhere to their professional code of conduct. We are remunerated by lenders only upon successful loan settlement - meaning our interests are aligned with yours, not the lender's.
All credit assessments are subject to individual lender approval criteria. Finwave does not guarantee loan approval or any specific interest rate. Information on this page is general in nature and does not constitute financial product advice. We recommend consulting a qualified accountant or financial adviser before entering into any credit arrangement.