Finance question
Can I get 100% / no-deposit equipment finance?
Often yes. No-deposit equipment finance is common on clean profiles, because the asset itself is the security. Many businesses fund the full purchase price without putting money down. A deposit can still help a weaker file, but it is not required across the board.
Get your free rate quote
Tell us a few details and we will come back with your indicative rate. No obligation.
Thanks, we are on it
Your enquiry is in. Our team will be in touch shortly with your indicative rate and next steps.
The short answer
The asset is the deposit
With equipment finance the machine secures the loan, so lenders can fund the full price without asking for cash up front. On a clean profile, an active ABN and a solid asset, 100% finance is a normal outcome. It keeps your working capital in the business rather than tied up in a deposit.
Whether you get there depends on the file and the asset. A strong credit history, a good quality asset that holds value and a lender with an appetite for no-deposit deals all line up to a yes. A weaker file, an unusual asset or a very short ABN is where a deposit starts to help the case.
There is a difference between the deposit and the total cost. No deposit means nothing down at settlement, but you still repay the full amount plus interest over the term. We structure the term and any balloon so the repayments fit your cash flow, not just so the deposit reads as zero.
Do you qualify?
What supports a no-deposit approval.
A clean credit file
A strong history makes 100% finance far more likely.
A quality asset
Gear that holds its value gives the lender comfort.
An active ABN
Sole traders and companies both qualify.
A deposit as backup
Not required on clean deals, but it strengthens a weaker one.
Why no deposit works
The asset secures it
Security in the equipment stands in for a cash deposit.
Cash stays in the business
Full finance keeps your capital free for stock, wages and jobs.
Lenders differ
Some fund 100% readily, others prefer a deposit. A broker knows which.
A real example
A cafe owner with a clean file needs a $35,000 espresso and kitchen fit-out. The asset holds value and the profile is strong, so it was placed with a lender that funds no-deposit deals and secured on the equipment, approved at 100% with nothing down. Illustrative only.
Common questions
Frequently asked questions
Can I really finance the whole purchase price?
Often yes. On a clean profile with a solid asset, 100% no-deposit finance is a common approval because the asset secures the loan.
When would I still need a deposit?
A deposit helps when the file is weaker, the asset is unusual or the ABN is very short. It lowers the lender's risk.
Does no deposit cost more overall?
You repay the full amount plus interest, so financing more means more interest. The trade-off is keeping your cash in the business.
Can I add a balloon to lower repayments?
Yes. A balloon at the end can reduce monthly repayments. We structure it to suit your cash flow.