manufacturing · Equipment & asset finance
CNC machine finance
A CNC machine only earns once it is installed, powered and cutting. We fund the tooling, software and commissioning with the machine, not after it.
What is cnc machine finance?
CNC machine finance is funding for a computer-controlled machining centre, lathe or router, secured against the machine. CNC equipment is a long-life productive asset for Australian workshops, and lenders will usually fund the tooling, software and installation alongside the machine itself.
CNC machining is where Australian workshops compete on precision and repeatability rather than labour cost. A machining centre or turning centre lets a small business take on work that would otherwise go offshore, and once programmed it produces consistently with far less operator time. The trade-off is capital cost and the skills needed to run it well, since a machine without a competent programmer and setter will never reach its rated output.
When financing, think about the whole project rather than the machine price. Tooling, work holding, CAM software, power upgrades, rigging and commissioning add substantially to the total, and every one of those costs can usually be funded on the same contract when quoted upfront. A chattel mortgage suits a machine you will keep for a decade; a lease can suit a business wanting lower payments and a planned upgrade.
CNC machine finance at a glance
| Typical price range | $40,000 – $900,000 |
|---|---|
| Finance term | Up to 84 months |
| Useful life | About 15 years |
| New or used | New machines are common where accuracy, warranty and support matter; used machines from established brands are readily financed when a spindle report and service history exist. |
| Indicative rates (Chattel mortgage) | 6.9% – 14.5% p.a. · rate history |
| Finance structures | Chattel mortgage (recommended), Machinery finance, Equipment loan, Finance lease |
How lenders assess cnc machine finance
CNC equipment holds value well and is treated as solid security by machinery lenders. Valuation depends on brand, spindle hours, control system and whether the machine remains supported by its manufacturer. Tooling, work holding, CAM software licences and installation can generally be included when they appear on the same invoice. Imported machines need to be assessed for compliance and support in Australia. Progress payments and deposits to overseas suppliers can often be arranged, though lenders will want import documentation before settlement.
Before you buy
- Check the control system is still supported and that local service and spare parts are actually available before you buy.
- Budget properly for tooling, work holding and CAM software — on a smaller machine these can approach a third of the total project cost.
- Confirm your power supply, floor slab and craneage can handle the machine; installation surprises are common and expensive.
Commonly financed
Haas VF-2 and ST-20 · DMG Mori NLX and DMU · Mazak QUICK TURN and VARIAXIS · Okuma Genos M560 · Doosan Puma lathes
Estimate cnc machine repayments
- Number of repayments
- 60
- Balloon at end of term
- $94,000
- Total interest (est.)
- $133,044
- Total repaid (est.)
- $603,044
This calculator provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
Key terms
What is CNC machine finance?
CNC machine finance is a secured loan or lease used to buy a computer-controlled machine tool, with the machine as security. Terms commonly run 48 to 84 months and tooling, software and installation can generally be funded on the same contract.
Can imported machinery be financed?
Yes. Panel lenders regularly fund imported machinery, including deposits and progress payments to overseas suppliers. Lenders will want the supplier invoice, import and shipping documentation, and confirmation that the machine will be supported and compliant in Australia.