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What is Plant and Machinery Finance?

Enterprises in manufacturing, mining, aviation, construction, energy, rail, and agriculture, often deal with heavy equipment or machinery to execute their day-to-day operations seamlessly. However, these machines or equipment are expensive, whether you buy them or lease them. If you don’t have enough capital strength or funding to buy the equipment that enables you to accomplish your growth goals, then plant and machinery finance is the best way to acquire them.

It is a form of business financing that allows enterprises to secure funding for buying heavy industrial equipment to streamline day-to-day operations and yield growth. Plant and machinery finance can be used to buy a wide range of equipment.

If you are a business owner looking for favourable loan terms and interest rates for plant and machinery finance, then Broc Finance can help. We are a leading finance broker in Australia for plant and machinery finance, offering our financing expertise to businesses hailing from varied sectors.  We connect business owners with the top lenders within the country’s capital structure. We enable enterprises to secure seamless business financing to buy machinery and equipment of all forms and sizes to befit the specific business requirements.

What falls under Plant and Machinery Finance?

Plant and machinery finance serves its purpose across multiple industries. Here is a list of equipment and machinery you can buy using this business financing.

1. Earthmoving and Construction

Enterprises involved in earthmoving, construction, and similar activities need       high-quality equipment and industry-grade machinery to execute the job with finesse for business growth and success. With the right machinery at your disposal, you can win tenders and construction contracts, increasing your revenue. Our team has expertise in arranging financing for buying equipment directly related to heavy-duty jobs like constructi