Finance question
Can I get finance as a partnership?
Yes. A partnership can get equipment finance the same way a company or sole trader can. The partnership holds the ABN and the asset secures the loan, with each partner usually going on the application.
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
A partnership is a fundable structure
Equipment finance is written across all the common business structures, and a partnership is one of them. The partnership holds the ABN and buys the asset, and the finance is secured against that asset just as it would be for a company or a sole trader. The structure itself is rarely the sticking point.
The main difference is that the partners usually go on the application together. Because a partnership is not a separate legal person in the way a company is, lenders generally look at the partners behind it. That means each partner's details support the deal, which can actually strengthen the application rather than complicate it.
Low-doc and no-doc options apply to partnerships too. With the asset securing the loan and 40+ lenders on the panel, a partnership can often be funded on its ABN, GST registration and the deal itself, without full financials for every partner.
Do you qualify?
What a partnership needs to be fundable.
A partnership ABN
The registered partnership holds the finance and the asset.
The partners on file
Partners usually go on the application together.
A specific asset
The equipment being bought secures the loan.
A clear split
Knowing each partner's share helps the lender assess it.
Why a partnership finances cleanly
The asset secures it
The equipment stands behind the loan, whatever the structure.
Two profiles can help
Both partners supporting the deal can strengthen the application.
Low-doc still applies
A partnership can be funded on its ABN and the deal, not full financials.
A real example
Two physiotherapists trading as a partnership need $45,000 of rehab and clinic equipment for a second room. As partners they both go on the application, which the lender welcomes. Secured on the equipment and assessed on a low-doc basis, it was approved. Illustrative only.
Common questions
Frequently asked questions
Can a partnership get equipment finance in the partnership name?
Yes. The partnership holds the ABN and the asset, and the finance is secured against that asset.
Do both partners have to be on the application?
Usually yes. Because a partnership is not a separate legal person like a company, lenders generally include the partners behind it.
Does a partnership need full financials?
Often no. Low-doc and no-doc options let a lender assess the ABN, the asset and the deal instead of full financials.
Is a partnership harder to fund than a company?
Not really. It is simply a different structure. The asset secures the loan either way, and the right lender is matched to the setup.