Equipment loan · Plumbing businesses
Equipment loan for plumbing businesses
Plumbing finance is asset and cash-flow lending for plumbing contractors, funding fitted-out service vehicles, jetters and camera equipment, and the materials and wages carried between invoicing and payment.
How a equipment loan works for plumbing businesses
High-pressure jetters, CCTV drain cameras and locators, pipe relining rigs, core drills and thread machines are all financeable against the equipment over two to five years. Relining gear in particular deserves proper structuring — it is expensive, it opens a genuinely higher-margin service, and the payback depends on how many relining jobs a month you can realistically win. We would rather work that number through with you before settlement than have you carrying a rig that sits in the shed.
The cash-flow pattern we plan around
Fast payment on domestic service work alongside 30–45 day progress claims on construction jobs, with trade account materials due on 30-day terms regardless.
What plumbing businesses typically fund
- Fitted-out service vans and utes
- Jetters, drain cameras and locators
- Pipe relining equipment
- Materials and trade accounts between invoices
- Apprentice wages and licensing costs
Equipment loan for plumbing businesses: the numbers
| Typical amounts | $5,000 – $5,000,000 |
|---|---|
| Term | 12–84 months |
| Indicative rates | 6.9% – 16% p.a. |
| Repayments | Monthly |
| Speed | Same day to 48 hours for low-doc |
| Documents plumbing businesses usually need | ABN and plumbing licence details · 6 months of business bank statements · Quote for the vehicle, fit-out or equipment |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
Plumbing equipment finance
Plumbing equipment finance is secured lending for the tools of the trade — jetters, CCTV drain cameras, relining rigs and vehicle fit-outs — usually written over two to five years against the equipment.
Trade account gap
The trade account gap is the period between a plumbing supplier’s 30-day account falling due and the client paying the invoice for the job those materials were used on.
What is equipment finance?
Equipment finance is any loan or lease used to acquire business equipment, with the equipment typically serving as security. The main structures in Australia are chattel mortgages, finance leases and rentals.
Low-doc equipment finance
Low-doc equipment finance approves smaller amounts (often up to $150,000–$250,000) without full financials, relying on ABN age, GST registration, credit history and sometimes a property-owner declaration.