We provide finance on a wide range of machinery, such as:
– Dump trucks
– Vacuum pumps
– Air dryers and more
Other commercial equipment may be acceptable, get in touch with us to find out more.
We have a range of equipment finance products and flexible terms available to best suit your cash-flow and finance needs.
– Rental and operating lease
– Chattel mortgage
– Finance lease
Our finance terms range from 24 to 60 months.
Previously known as Macquarie Equipment Rentals, with over 25 years of experience in the Australian market, Vestone Capital is the result of a joint venture between Macquarie Group and Mitsubishi HC Capital.
Our experienced equipment finance specialists are here to help and will guide you through the end-to end finance process.
Does Vestone Capital finance 100% of the equipment's cost?
Yes, we can consider finance on the full equipment cost.
We may also consider financing related costs associated with the equipment, such as installation, extended warranty, and software licence.
Can I structure my repayment to suit my cash flow?
Our standard periodic payments are generally equal monthly payments over the contract term, however if you have a requirement to match the payments with your cash flow, we can often assist with structuring a repayment at the outset to suit your cash flow cycles.
What if the equipment is not new?
Our finance solution considers most used plant and equipment subject to a qualification criteria, which relates to equipment type, age, condition and usage, and the requirement for asset inspection and/or valuation by one of our panel valuers.
Are there any fees involved?
A one-off documentation fee applies and is payable at finance settlement date. The fee varies, depending on the product type.
There are no ongoing administration or account keeping fees.
Does Vestone require any security to secure finance on a loan or lease?
Vestone will take a security over the specific equipment by way of a security registration on the PPSR (Personal Property Security Register).
In most circumstances, we will require the company directors to act as the guarantor for the loan or lease.
Will I have to provide my financial statements and other information?
This is largely determined by the total equipment cost, the type of equipment and your business’s profile.
Applicants may be considered for equipment finance without the requirement for financials statements subject to our credit eligibility criteria. Contact our team today to find out more.
Can I hire out, assign, or sub-lease the equipment to a third party?
Not without first discussing and seeking approval from us. Our general requirement is that the equipment is utilised, operated and under your control.
How long will it take until I can get the equipment?
Once you have submitted an application form, formal credit approval is generally available within 2-3 business days. We will then co-ordinate with you and the equipment supplier on a suitable time for the equipment invoice to be paid.