Machinery Loans

Machinery Finance Specialists

Machinery Loans

Machinery Loans are essential for business and companies that want or need to expand, and to be able to satisfy the needs of their client’s requests on new or existing projects.

It may be as simple as a few extra tools to get you over the line. It may be as simple as a new processing plant for packaging your products.

No matter what reason you have for applying for a Machinery Loan, Londy Loans are ready and waiting to assist you through the entire application process.

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Choosing The Right Machinery Loans

Choosing a Machinery Loan isn’t as straight forward as choosing a car loan or home loan. There is less information regarding Machinery Loans online, and fewer Finance Brokers offering Machinery Loans. If you need additional Machinery Finance, just let us know, and we will help you understand the ins and outs.

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Londy Machinery Loans Brokers

Using a Finance Broker that understands your Machinery Loan requirements is very important when applying for machinery finance or a loan package for a new or used piece of Machinery.

Londy Loans has the experience it takes to educate you about the best types of Machinery Loans available in the financial services market.

We work with you to ensure that all of the correct and appropriate information is supplied to the lender in question and that you get the fastest response so that you can move forward with your purchase ASAP.

Machinery Loan Types

Londy Loans offer a wide range of finance options for customers who are looking for asset finance and who own a company, have a business partnership or operate as a sole trader. All business car loans are secured finance.

Commercial Hire Purchase (CHP)
A CHP is a vehicle loan facility whereby the financier agrees to purchase the asset on behalf of the customer, and then hire it back to them over a set period of time. The customer has the use of the asset for the term of the contract but is not the owner of the asset. The customer takes ownership of the asset at the end of the contract term when the total price of the vehicle (minus any residual) and the interest charges have been paid in full. This loan type may offer our customers GST deductions and reduced fixed loan repayments due to a fixed interest rate and the availability of a residual.
Chattel Mortgage
A chattel mortgage is a commercial asset finance product aimed at businesses, companies and sole traders. With a chattel mortgage the customer takes ownership of the vehicle at the time of purchase, although the finance company also takes out a “mortgage” over the vehicle to provide security for the loan. Once the term of the loan is complete, the finance company removes the encumbrance, giving the customer clear title to the asset.

We find that the chattel mortgage is a lot more popular with Londy Loans customers than any other type of business loan.
Finance Lease
A finance lease – or asset lease – is a commercial finance product available through Londy Loans. With a finance lease, the financier purchases the asset required by the customer and then leases it to the customer. The customer pays a rental to the financier to use the asset. At the end of the agreed rental period the customer can return the asset which will then be sold at auction. Alternately, the financier may offer to sell the car to the customer.

The kind words our customers share.

    
 
 
        
   Channy Winship 
 2024-04-12
 
 
  Dave is always a pleasure to deal with, helpful, prompt, nothing is ever a problem and always come through with the finance! Myself and my whole family are repeat customers with londy loans and no longer go anywhere else since we met Dave! Being an old car enthusiast getting tricky loans to add to my collection has never been a problem!! The recent purchase with Dave’s help
  
 
       
   Renee Bailey 
 2024-04-12
 
 
  It was an absolute pleasure to work with David London and Londy Loans to secure finance for a very importance piece of medical equipment for my practice. Right from the beginning, he was highly professional and genuine. David operated with efficiency, maintaining constant communication and readily answered all my questions. I wholeheartedly recommend David and Londy Loans to anyone seeking a trustworthy finance broker, his expertise and sincere dedication to client satisfaction truly sets him apart in the industry.
  
 
       
   Nathan Di Carlo 
 2024-04-03
 
 
  Excellent service, very helpful and quick to respond. Had a slight hiccup on my end and within hours it was sorted and deal went through very smooth. High recommend.
  
 
       
   Aaron Roberts 
 2024-03-26
 
 
  David and the Team were amazing to help finance our new BMW car… he made the whole process so easy… highly recommend Londy Loans
  
 
       
   KMD Admin 
 2024-02-02
 
 
  Excellent service and easy through the process. I would highly recommend Londy Loans (David) and have no hesitation in using them again.
  
 
       
   Brayden Dixon 
 2024-01-24
 
 
  Working back and forth with David over the week to secure my loan, Hands down such a genuine person.
David is professional, He has connections in all sorts of places and Always prompt to update you with what's happening, Thinking 2 steps ahead at all times.
Been an absolute pleasure working with you Dave and looking forward to the years to come of business, Will be coming back to secure that house loan in the near future.
HIGHLY Recommended if you want to be looked after and know your in good hands.
Thanks again Dave!
  
 
       
   L F 
 2024-01-19
 
 
  Had a great experience with Londy Loans. Highly professional and friendly from the start. The team, especially my broker, really knew their stuff - understood my financial goals, gave me tailored advice that was easy to understand.

Very Impressed by their dedication to finding the best deals, not just the easy ones. They were efficient, kept me in the loop constantly, and always there to answer questions. Highly recommend Londy Loans for anyone needing a reliable finance broker. They stand out in the industry for their expertise and genuine client care.
  
 
       
   Sam Trimble 
 2024-01-10
 
 
  Dave was awesome to work with he went well out of his way to find the best possible lending for us. Cannot recommend him enough
  
 
       
   jayme cannon 
 2023-10-25
 
 
  Impeccable service from the team at Londyloans! Always followed up on calls and kept me in the loop all the way up to settlement. Glad I made the right choice to ring David.
  
 
       
   Kate Clarke 
 2023-10-10
 
 
  David communicated with me so well throughout the process to keep my updated and find the best option for me. Overall, a great experience!
  
 
  
  
 
 
   Google rating score: 5.0 of 5, based on 38 reviews