Asset finance is used by businesses to acquire equipment and assets to help them grow. Typically, it involves a regular payment for the use of equipment over an agreed period of time. This allows businesses to avoid the need to pay the full cost of the equipment upfront, allowing them to preserve their cash. The most common types of asset finance are rental, hire purchase, leasing and chattel mortgage.

Asset finance can be used to fund a wide range of workplace equipment, assets and even software licences. This range of equipment extends to technology (end-user, infrastructure, and communications), office equipment, manufacturing equipment, software licences, laboratory equipment and healthcare devices. It’s a great solution for a small business that needs equipment that is too costly to purchase outright, or the equipment will become obsolete at a future date.

Depending on the assets and equipment to be financed, we will finance as little as $1,000. We do not set an upper limit as we will work with each business to determine your needs, equipment type and credit capacity.

All equipment and assets have a finite use and life. However, the length of time will vary and it’s important a business assesses what’s appropriate for them. In general business will finance equipment between 2 to -5 years. At Amicus Finance we believe in flexibility and can accommodate terms as short as 3 months or as long as 10 years for specific equipment and asset types.

Generally, the asset or equipment being purchased is used as security, however in some circumstances you may be able to use your existing fixed assets as security to help raisesecure the financing you need.

We will work with your business and assess whether this is required or not. Our focus is to look at the asset or equipment security, and your business cash flows. If these are suitable, then a guarantee may not be required.

The first easy step, is to provide your consent for Amicus Finance to complete a credit check. This doesn’t obligate you to use Amicus Finance, but it does ensure we follow the regulatory requirements. At the same time, we will get you to complete a very simple application form and supply us with your two most recent financial statements. If you are a new business, we will work through what alternate information you’re able to provide. We will generally be able to provide an answer within 48 hours.

You can complete our simple online request or contact us at amicusfinance@amicus.com.au.

Once you’ve signed the Master Facility Agreement, we can begin making supplier payments within 24 hours.

Let us know if there is a need to early terminate. As each asset finance product is a little bit different, you may already have the option to early terminatethis option built into your agreement with us. We will make sure we address what the steps are before your agreement is signed, and these will also be clearly documented.

Under the agreement you have certain obligations to meet, including the obligation to make regular payments. Amicus Finance will have a security interest inover the asset that it has financed for you. If you fail to meet your commitments under the agreement, Amicus Finance may be entitled to repossess and sell your asset. If the sale of the asset does not cover your outstanding debt to Amicus Finance, you will remain liable for the shortfall. Let us know if you're having trouble paying. The sooner you let us know the better. Call us on 1300 360 877 - whatever the reason, we want to help.

Let us know what the changes are and will help make it happen. Call us on 1300 360 877 or contact us at amicusfinance@amicus.com.au with the required changes.

That’s not a problem at and is one of the benefits of our approach and model. You can use the facility on a daily basis if needed and we can organise the monthly invoicing so that all of the equipment that is acquired during the month, can be added to one monthly invoice, or be invoiced separately. The decision is yours.

Absolutely. We can finance both the physical equipment in the workplace as well as the cost of labour and services and for completing the fit-out and installation of equipment, office furniture and fixtures and fittings and assets. We offer finance for a range of business fit-out needs, including corporate offices, retail, factories, warehouses, laboratories and hospitality fit-outs as well as retrofitting existing premises and relocating to new ones.