When most businesses think about equipment finance, they picture the physical asset—like a truck, excavator, or tractor. But in today’s digital economy, the technology that supports your operations is just as important.
Many lenders now offer solutions for bundling equipment and technology into one integrated finance package or bundled finance solution. This can give your business a competitive edge.
Technology you can bundle
- GPS tracking systems for fleet management
- Industry-specific software licenses
- Onboard cameras and safety monitoring tools
- Data storage and backup systems
- Specialised tools or attachments for the main equipment
These are just a few examples of equipment with tech add-ons that can be included in your equipment and technology finance plan.
Why bundling equipment and technology makes sense for your business
- One simple repayment
No juggling multiple finance agreements—just one payment that covers both the machine and its tech. - Improved efficiency from day one
You get the complete setup immediately, so your team can start working at full capacity right away. - Potential tax benefits
Bundled finance may allow you to claim deductions for both the asset and technology in the same financial year. Consult your accountant to see whether this is suitable for your business. - Stronger asset integration
Technology is installed and ready to use when the equipment arrives—no costly retrofits or downtime.
Finance technology later on
While bundling equipment and technology into one package has clear benefits, it’s not your only option. Many lenders also allow you to add tech, GPS tracking systems, data backup solutions, or specialised software at a later stage, even if you didn’t finance them with your original equipment.
This approach can be helpful if:
- You’ve already purchased equipment but want to upgrade the supporting technology
- Your business needs have changed since the initial purchase
- You prefer to spread costs over time rather than paying upfront
In these cases, a lender can structure a separate equipment and technology financing arrangement. This allows you to access the latest tools without waiting for your next major equipment upgrade, keeping your business competitive and efficient.
Why choose PMG Finance
We know which lenders are open to bundled asset finance and can structure your business equipment loan to include both hardware and software in one integrated finance package. This means your business can operate at peak efficiency without large upfront costs.
📞 Thinking about an upgrade? Talk to PMG Finance about how to bundle your equipment and tech into one smart finance solution.
If you have any concerns or want to discuss your situation, reach out to us today on 07 4639 1011
DISCLAIMER: The above content is to provide general information and does not constitute financial, legal or other advice. This means that duties and requirements imposed on people who give financial advice do not apply to this content. For advice contact your accountant or legal advisor.