What is an Equipment loan?
An equipment loan is finance used to purchase the machinery, vehicles, or tools your operation depends on. Whether you're a farmer replacing an ageing tractor, a contractor expanding your fleet, or a tradesperson buying a new truck and trailer, an equipment loan gives you access to the funds upfront so you can get to work without delay.
Waiting until you've saved the full purchase price isn't always practical, especially when the right piece of equipment comes up or a job requires kit you don't yet have. Equipment finance lets you act quickly, spread the cost over time, and keep your cash flow working for the rest of your business.
What can you use an equipment loan for?
From the farm to the worksite, an equipment loan can help fund:
Why choose Armstrong's Finance for your equipment loan?
Flexible loan options
Our equipment loans are available as both secured and unsecured, so we can find the right fit for your situation. We'll walk you through the options before you commit.
Borrow what you need
Choose the loan amount and repayment term that suits your situation. No one-size-fits-all here.
Transparent pricing
No hidden fees, no nasty surprises. We lay everything out upfront so you always know where you stand. Full fee schedule available on our Fees & Interest Rates page.
Fast approval
Apply online in minutes. If approved, funds can be in your account the same day. Subject to responsible lending criteria and lender assessment.
Simple by design
How it works
Getting an equipment loan through Armstrong's Finance is straightforward. Here's how it goes:
Get a quick quote
Use our online quote tool to see estimated repayments in minutes. It's obligation-free and won't affect your credit score.
Submit your application
Once you're happy with your quote, complete your application online. We'll ask for a few supporting documents, things like proof of income and ID. Our team will keep it as straightforward as possible.
We go to work for you
As your broker, we submit your application across our lender panel to find the most suitable match for your situation. Subject to responsible lending criteria and lender assessment, funds can be in your account the same day if approved.
Get the care you need
With funds in place, you're free to book your procedure, pay your provider, and focus on what matters: your health and recovery.
Am I eligible?
Armstrong's Finance equipment loans are available to employed individuals, sole traders, and small business owners across New Zealand. We assess every application individually, including those with complex income structures or prior credit issues.
To be eligible for an equipment loan, you'll need to:
Frequently asked questions
Equipment Loan
4 FAQsquestions
Equipment Loan
4 FAQsquestions-
Can I get an equipment loan for used machinery?
Absolutely. We can help with equipment loans for both new and used machinery. It doesn't matter if you're buying from a dealer, an auction, or a private seller, the loan works the same way.
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Can I use an equipment loan to buy a truck or trailer?
Yes. Trucks, utes, heavy commercial vehicles, and trailers all qualify. If you need it for your business or daily work, an equipment loan can help you get it sorted.
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Can farmers apply for equipment finance?
Absolutely. We regularly work with farmers, growers, and agricultural operators all the time. Tractors, harvesters, irrigation equipment, farm vehicles, and implements all qualify for finance. If you're self-employed or run your farm through a business, we'll help you find lenders who understand your income setup.
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Can I get finance for construction equipment?
Yes. Excavators, loaders, compactors, plant equipment, and other construction machinery all qualify. Whether you're a sole trader or running a bigger team, we can help find a finance option that fits your needs.
Ready when you are
Apply in minutes. Know your options today.
No obligation. Just a clear picture of what's available to you.
No obligation. Just a clear picture of what's available to you.
Loan Information
Armstrong's Finance Limited (FSP1012153) is registered on the Financial Service Providers Register (FSPR) and holds a Class 2 Financial Advice Provider licence and is authorised to provide regulated financial advice services in accordance with the Financial Markets Conduct Act 2013. Armstrong's Finance Limited acts as a finance broker and does not directly provide credit. All lending is provided by third-party lenders on our lender panel.
Remuneration: Armstrong's Finance Limited is remunerated by way of commission paid by lenders. The amount of commission varies between lenders and products. Armstrong's Finance Limited may receive different commission rates from different lenders. We manage this conflict by recommending products based on your individual needs and circumstances rather than the level of commission received. Full details are set out in our Disclosure Statement, which is available on our website and on request free of charge.
Lending criteria apply. All applications are subject to credit assessment, responsible lending inquiries, and individual lender eligibility criteria in accordance with the Credit Contracts and Consumer Finance Act 2003 (CCCFA) and the Responsible Lending Code (revised July 2024). Interest rates range from 7.95% p.a. to 29.95% p.a. Rates are variable unless otherwise stated, are subject to change, and are based on individual credit assessment. Establishment fees vary between $0.00 and $2,500 depending on the type of loan arrangement, and are included in your loan structure and repayments.
Dispute resolution: If you have a complaint that we are unable to resolve, you may refer it to Financial Services Complaints Ltd (FSCL), our approved dispute resolution scheme. This service is free of charge. Contact details are available in our Disclosure Statement and on our Complaints page.
Financial hardship: If you are experiencing financial hardship, you may be entitled to apply for a hardship variation under the CCCFA. Please contact us as soon as possible. See our Financial Hardship page for more information.
Your personal information is collected and held in accordance with the Privacy Act 2020. Please refer to our Privacy Policy for details of how we collect, use, and store your information.