Used Asset and Equipment Finance

What are Used Asset and Equipment Financing?

Financial stability is the lifeline-blood of any business. However, establishing and maintaining it can be harder than one anticipates during economic volatility. Enterprises, especially the ones belonging to the small and mid-level sector, often fall short of finances, or a sudden cash-flow deficit might create a financial emergency. During such times, the business owners can rely on used asset and equipment to fund their growth.

If you are seeking used asset and equipment finance from a reliable lender, we can help! Broc Finance is one of the fastest growing finance brokers in Australia, with more than a decade of management experience serving business owners of small and mid-level enterprises to acquire funding. We can facilitate the used asset and equipment finance through 50+ lenders who specializes in asset financing.

Can Used Asset and Equipment Finance Boost Business Growth?

Business owners seeking growth often shy away from making necessary investments or expenses towards the same over financial concerns. Growing your business by acquiring used asset and used equipment is a good way to manage once cash flows. It does not require one to stretch out the company capital with an already cash-flow gap. 

On the contrary, the sudden boost of cash flow through deployment of assets acquired through used asset and equipment financing can give your business much needed growth. With the finances taken care of, the business can improve the infrastructure, upgrade it to attract more clients, hire new people to increase productivity, and likewise.

What are the Advantages of Used Asset and Equipment Finance?

If you are thinking of the benefits, there is more than one that you can enjoy by accessing used assets and equipment finance.
Used asset and equipment finance is flexible and suitable for all kinds of enterprises. Anyone from a registered company and a contractor to a sole trader can access funding without any restrictions on trading time.

How Can Broc Finance Help?

Broc Finance is one of the fastest growing finance brokers serving Australian small businesses. We have the experience of facilitating a wide variety of business financing solutions, including used asset and equipment finance for our clients, who mostly hail from the SME sector.

Over the years, we have built a robust network of asset finance lenders, all credible and vouched for, and we connect our clients with them after assessing the business financing needs and conditions of the latter. No matter what your financial situation may be, whether you are a startup company with a trading history of 1 day, have a bad credit score, or maybe financial documents are inadequate, we can work out a way so that you can get the funding you need.

For more information on used assets and equipment finance, reach out to our experts who will be able to guide you appropriately.

What Our Clients Say

Excellent
Based on 46 reviews
Ajay Kanumuri
Ajay Kanumuri
2024-01-10
I would strongly recommend. Saroj Shah helped to get my loan with in span of three days. He was very supportive and clearly explained the loan process.
Abhishek Chhugani
Abhishek Chhugani
2023-11-02
Wonderful service by Saroj. Took care of my requirements for business loan. Turnaround time from application to disbursement was 2 days.
Atulkumar Patel
Atulkumar Patel
2023-10-26
I don't want to miss this opportunity to say About Saroj Work that he just made it impossible job into possible , I have got loan of 1.5 million event though I have very low credit score . Great work , and highly recommend for any kind of loan issues.
jas singh
jas singh
2023-09-28
Great services, great effort by Saroj.
Michael Banabakis
Michael Banabakis
2023-09-14
Easy to deal with and nothing was a problem!!
Liesel Collings
Liesel Collings
2023-09-05
The broker was super helpful and understanding. He knew I needed the loan in a rush and got me the best deal possible.
Aghar Tefera
Aghar Tefera
2023-07-12
Fantastic service!! Very nice & helpful staff!! I had the best experience and got things done promptly and professionally! Thank you Broc Finance 😊!!
Nejatali Rotivand Ghiasvand
Nejatali Rotivand Ghiasvand
2023-07-07
Very professional and always there to help you
Khanyi Moyo
Khanyi Moyo
2023-07-07
Thank you. This was a great experience with a team that takes time to ask what your needs are then help you find the best deal.
Mai Yang
Mai Yang
2023-05-25
Absolutely wonderful service! Saroj was amazing with keeping us up to date with our loan application which was approved quickly without any hassle. I would definitely recommend Broc Finance!

FAQ's About Used Asset and Equipment Finance

The amount varies from one business to another depending on multiple factors. It is best if you have an initial consultation with our team since there is no generic to the limit of asset and equipment finance. We will assess your case and give you the specifics.

The interest rate tends to vary in each case. So, we recommend that you consult with our experts on the matter for more clarity. 

Since you are already pegging the used asset and equipment against the loan amount as collateral, your chances of accessing the funding with a bad credit score increases. 

Generally, the lenders can look up to 20 years old assets (including loan term), however there are few lenders who can look beyond on case-to-case basis.

We will work with you

to overcome approval related hurdles

by getting your asset finance, property finance and unsecured business loans, without the frustrations of the bank process.