Finance question
Can I finance equipment across two businesses I own?
Yes. Owning two businesses does not stop equipment finance, it just means we structure it clearly. Each asset is usually financed under the entity that will use and own it, and lenders assess the group behind you rather than pretending the two are unrelated. A good structure keeps the finance clean for both your accounting and the lender.
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The short answer
Two entities, one clear structure
Running more than one business is common, from a builder who also owns a hire company, to an operator with a cafe and a separate catering entity. Equipment can be financed under either one, and the usual approach is to put each asset with the entity that actually uses and owns it, so the finance lines up with your books.
Lenders look at the whole picture. When the same person or people stand behind both companies, a lender assesses the group and the directors, not just one ABN in isolation. That can work in your favour, because a stronger sister entity can support a purchase for a newer one, but it also means the businesses are not treated as strangers.
The value of a broker here is getting the structure right the first time. Placing the truck under the trading company and the fit-out under the property-holding entity, for example, keeps ownership, security and deductions tidy. Across 40+ lenders we match each purchase to one comfortable with a multi-entity setup, often with no financials.
Do you qualify?
What keeps a multi-entity deal clean.
Clear ownership
Each asset sits with the entity that will use and own it.
Active ABNs
Both businesses trading, with the directors linking them.
Group strength
A stronger entity can support a purchase for a newer one.
Right entity, right lender
We place each asset with a lender comfortable with the structure.
Why the structure matters
Lenders see the group
Common ownership means the lender assesses both entities and the directors together.
Ownership stays tidy
Each asset sitting with the right entity keeps your books and deductions clean.
One entity can help another
A stronger business can support a purchase in a newer or smaller one.
A real example
An owner runs an established landscaping company and a newer earthmoving startup. The startup needs a $90,000 excavator but has little history. Financed with the established company's strength behind the group, and owned by the entity that uses it, the deal is approved. Illustrative only.
Common questions
Frequently asked questions
Which business should own the asset?
Usually the entity that will actually use it. That keeps ownership, security and deductions aligned with how the asset earns its keep.
Do lenders treat my two businesses separately?
Not entirely. When you stand behind both, a lender assesses the group and the directors, which can support a weaker or newer entity.
Can a stronger business help finance a newer one?
Often yes. The group's strength can support a purchase the newer entity could not carry on its own.
Is this harder to arrange than a single-business deal?
Not with the right structure. We match the purchase to a lender comfortable with multiple entities, frequently with no financials.