Run the numbers to plan your next move.
Use these estimates to test an equipment purchase or insurance premium. The actual lender terms, fees and structure depend on the transaction, so bring us the details when you’re ready to plan it properly.
Equipment finance calculator.
See how term, rate, balloon and payment timing change the monthly commitment.
Insurance finance calculator.
Compare the cost of spreading a premium over a chosen number of months.
Rent-to-own calculator.
A simple estimate of the monthly repayments and end-of-term buyout.
Rent-to-own
Enter the amount and choose a term to compare rental and buyout estimates.
Enter a finance amount between $0.01 and $50,000,000.
Our rent-to-own panel.
MFG Finance holds accreditation with multiple rent-to-own providers for heavy equipment, vehicles and machinery. Through one relationship, we can consult our panel, compare options and seek competitive pricing - giving you a clear view of the market without approaching each provider yourself.
These providers typically offer a fixed term with an agreed buyout at the end, when you’re ready to purchase the equipment.
Capital raising: Equipment you own outright may also be considered on rent-to-own to release capital. Funding depends on the lender’s accepted loan-to-valuation ratio (for example, 70% of the asset’s market value determined by an independent valuer). Enter the proposed funding amount above to budget repayments and buyout.
How ownership works: The seller/vendor or supplier typically sells the asset to the rent-to-own provider. The provider hires it to the operator for a fixed term and fixed monthly payments, then sells it to the operator for the agreed buyout at the end of the term.
Illustrative estimate only. Excludes GST and fees. Actual rental, purchase option and term availability depend on the asset and provider.
Discuss your rent-to-own options →The repayment is one piece of the decision.
For a working fleet, we also consider what the asset earns, maintenance and trade timing, the debt already in place and how much lender capacity needs to remain for the next purchase.
How we think about equipment finance →See more on the thinking behind our approach.
The estimate is a starting point. Explore the structure and the client decisions behind it.
Tell us what you’re working towards.
Buying your first machine? Replacing a fleet? Start with the situation as it is. We’ll talk through the assets, the timing and what the next decision means for your business.
Let’s grow together.
Replacing equipment or planning the next purchase? Tell us what you have in mind.
"*" indicates required fields