CNC machines represent some of the highest-value, most productive assets in Australian manufacturing. A modern CNC machining centre at $300,000 to $1 million-plus can transform a business's production capacity and competitive position — making access to appropriate finance a critical business decision.
What CNC Equipment Can Be Financed?
- CNC machining centres (3-axis, 4-axis, 5-axis)
- CNC lathes and turning centres
- CNC routers (timber, aluminium, composites)
- CNC plasma cutters
- CNC laser cutters (fibre, CO2)
- CNC press brakes
- CNC guillotines
- CNC tube benders
- EDM (electrical discharge machining) equipment
- Swiss-type turning centres
Financing New vs Used CNC Machines
New CNC machines from dealers attract the lowest rates and are well-supported across the full lender panel. Used CNC machines — particularly European and Japanese brands such as Mazak, DMG Mori, Haas, Okuma and Fanuc — hold their value well in the secondary market, making them attractive security for specialist lenders. An independent valuation or dealer invoice helps establish the market value for used equipment.
Imported CNC Equipment
Many Australian manufacturers purchase CNC equipment from Europe, Japan, Taiwan or China. Specialist lenders can finance imported equipment at the point of delivery — including equipment purchased at trade shows or direct from overseas manufacturers. The documentation required may differ slightly from a standard dealer purchase — discuss this with your broker before proceeding.
Tax and Accounting Considerations
CNC machines financed under a chattel mortgage may allow the business to claim the full GST on the purchase price in the next BAS. Depreciation is applied against the depreciating value of the machine annually. The instant asset write-off scheme may also be available for eligible businesses — check with your accountant for current eligibility thresholds.
Overdrive Funding works with manufacturers, engineers and fabricators across Australia. Contact us for a free CNC machine finance assessment.