Why specialist equipment needs a different look
A combi oven, a dental chair and a laptop fleet all earn their keep, but each has a different working life and resale market. That affects the term you choose, whether leasing or owning makes sense, and how a lender views the deal.
| Type | Typical considerations |
|---|---|
| Commercial kitchen | Installation costs, fit-out vs freestanding items, compliance, resale of used units |
| Medical and dental | Specialised, high value, technology that updates; consider upgrade paths |
| Beauty and wellness | Device lifespan, supplier support, fast-moving trends |
| Office and IT | Short life; rental or lease may suit better than long ownership terms |
Soft costs and installation
Some lenders will include delivery and installation in the amount financed, others will not. If your fit-out has several suppliers, check whether the invoices can be bundled, because this can affect how the deal is structured.
Match the term to the life of the asset
As a rule of thumb, avoid a term that runs well beyond the time you expect to use the item. Technology that is outdated in three years rarely belongs on a seven-year agreement. Our chattel mortgage vs lease guide explains the trade-offs.
Upgrading later
When the time comes to replace an item, a ready buyer can offset the cost. Our page on selling old equipment covers how to list it.