Bigstone: equipment loans, rentals and finance leases for established businesses

When a coffee machine dies, a press breaks or a new excavator would double your capacity, the loan you want is attached to a thing you can point at. That is the whole logic of equipment finance, and Bigstone is a lender built around it. Its website offers a narrow set of products and a short pre-qualification, rather than a menu of everything a business might borrow for.

What follows is based on Bigstone’s public information as at October 2026. Terms change, so check the current detail with the lender before you commit to anything.

What does Bigstone actually offer?

Bigstone’s homepage lists three ways to pay for equipment:

Product	How it works	Often chosen when
Equipment loan	You borrow to buy the equipment and own it from the start	You want the asset on your books and depreciation to claim
Equipment rental	You pay to use the equipment over the term	The kit dates quickly or you prefer lower commitment
Finance lease	The financier owns the asset while you use it, with end-of-term options	You want to spread cost without a large upfront outlay

It publishes $10k to $2m as the borrowing range, with terms of 12 to 60 months. A feature worth noting is the option to refinance any residual amount for up to a further 24 months, which can soften the final stretch of a loan.

Our guides to equipment finance, the chattel mortgage and the finance lease set out how the structures differ in ownership, tax treatment and end-of-term outcomes. Your accountant should confirm which suits your tax position.

What equipment does it fund, and what does it ask?

According to its website, Bigstone describes itself as more flexible than many financiers on asset types. It lists second-hand goods, equipment sourced from overseas and office fit-outs alongside new purchases. That matters, because a lot of lenders are comfortable only with new, branded kit bought from an Australian dealer.

To pre-qualify, the site asks for:

• An ABN and at least two years of trading.
• A purchase that is equipment, new or used.
• A note of whether at least one director owns property. Bigstone says no security is taken over it, but it helps the assessment.

It says an obligation-free estimate can take under five minutes and does not involve a credit check until you complete the application. Most loans get a quote the same day, and loans under $100k may be decided in under an hour. You deal with an asset finance specialist directly. As with any lender’s published speed, treat these as best cases, not guarantees.

Who is Bigstone a good fit for?

Based on those criteria, it tends to suit:

• Established businesses with a clear purchase. A builder buying a machine, a clinic replacing diagnostic equipment, a manufacturer adding a line.
• Owners buying outside the usual dealer path, such as imported or second-hand equipment.
• Businesses fitting out premises, where the spend is part equipment and part installation.

It is a harder fit for a brand-new business, because of the two-year rule, and for anyone who needs working capital rather than a physical asset. For that, see working capital loans or a business line of credit.

Questions worth asking before you sign

1. What is the full cost in dollars over the term, including fees, and what is payable if you clear the loan early?
2. What is the residual or balloon, and what happens to it at the end? Our glossary entry on balloon payments explains the trade-off.
3. Who owns the asset during and after the term?
4. Is it recorded on the PPSR? Equipment finance normally is. See PPSR for what that means for you.
5. Does the lender need a personal guarantee from directors?
6. What insurance is required on the equipment?

Try the numbers before the conversation with our equipment finance calculator. It turns the price, deposit and term into a repayment you can sanity-check against what you are quoted.

Buying something big and unsure how to structure it? Send us the details and we will suggest the finance types worth pursuing first.

If Bigstone isn’t right, what are the alternatives?

• Under two years’ trading? Other equipment financiers use shorter histories, and secured lending can sometimes work from the first day. Read business loans with an ABN under 12 months.
• Need money for more than the equipment? A secured business loan can cover the equipment plus installation, training and working capital together.
• The purchase is from a supplier overseas? Import finance is built for the timing gap.
• Bank offered less than you asked? The bank offered less page covers topping up elsewhere.

Similar lenders with profiles here include Grenke, Westlawn Finance and Metro Finance. Our lender comparison tool puts them side by side.

Got the equipment picked but not the funding?

The quote on a machine is often only valid for a short window, so a slow or wrong first application can cost you the deal. Matching the purchase to the right financier up front tends to be quicker than applying everywhere.

Our form takes around a minute, and asking does not leave a footprint on your credit file. Nobody will forward your details to a stack of financiers: one person on our team reads what you’ve sent and calls you about it. The more accurately you describe the equipment, the supplier and your trading history, the better the first lender we point to will fit.

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