What is tech finance?
Tech finance allows your business to purchase or lease technology without paying the full cost upfront. Repayments are spread over an agreed term, helping manage cash flow while keeping your business up to date with essential systems and devices.
Tech finance can cover a wide range of technology solutions, from office IT and hardware to specialised business software and infrastructure, and can be tailored to your business needs.
Benefits of tech finance
Tech finance helps your business access essential technology without tying up large amounts of cash. By spreading repayments over time, you can maintain productivity, improve efficiency, and preserve cash flow for other priorities.
Predictable repayments
Fixed repayment schedules allow you to budget effectively and plan technology expenses with confidence.
Balloon payment options
Lower regular repayments by including a balloon payment at the end of the term. Availability depends on the type and age of the technology.
Tax effective structures
Certain finance options may offer tax benefits, depending on how the technology is financed and used within your business.
Access the tech you need
Upgrade or implement critical technology without delaying operations or growth initiatives.
Protect business cash flow
Avoid paying the full cost upfront, keeping working capital available for day-to-day business expenses.
Flexible finance structures
Choose from different finance options to suit your business objectives, ownership preferences, and accounting treatment.
Things to consider when applying
Categories of tech covered
Tech finance can be used to purchase or lease a wide range of technology, including:
Computers, laptops, tablets, and mobile devices
Servers, networking, and IT infrastructure
Point-of-sale (POS) systems and payment technology
Telecommunications and office systems
Security, surveillance, and access control systems
Industry-specific technology and specialised IT equipment
Eligibility criteria
Tech finance is designed to be accessible for Australian businesses. To qualify, you generally need:
Minimum 6 months trading history with an ABN
Satisfactory business and personal credit history
Identification for business owners or directors
Business owner 18 years or older
Australian citizens, permanent residents, or eligible visa holders
Tech finance summarised
Loan amount
From $10,000 up to $1,000,000+
Loan term
12 to 84 months
Repayment schedule
Weekly, fortnightly, or monthly depending on lender
Purpose
Purchase or lease technology to support business operations
Security options
Finance is secured against the technology being purchased
How to apply for tech finance
Applying for tech finance is straightforward if you follow these steps:
Step 1:
Determine Your Eligibility
Provide basic business information, details of the technology you want to finance, and consent. We’ll review your business profile to determine eligibility and calculate borrowing capacity without affecting your credit score.
Step 2:
Finding the Right Lender
We compare lenders to find the best option for your tech finance needs. Your application is submitted, and we manage the process on your behalf.
Step 3:
Approval and Settlement
Once approved, we organise the settlement so funds are transferred and your technology purchase can proceed, giving your business access quickly.
Let's get started