The Equipment Finance Agreement is a critical document used in Australian business transactions when a party requires financing to acquire business equipment or machinery. This agreement is essential for businesses seeking to obtain equipment without full upfront payment, allowing them to manage cash flow while acquiring necessary assets. The document complies with Australian legislation, including the Personal Property Securities Act 2009 (Cth) and relevant financial services regulations. It comprehensively covers financing terms, security interests, maintenance obligations, insurance requirements, and default provisions. The agreement is particularly important for establishing clear rights and obligations between the finance provider and the borrower, while ensuring proper security registration and protection of the financed equipment.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identifies and defines the Finance Provider and the Customer/Borrower with their full legal details
2. Background: Sets out the context of the agreement, including the Customer's request for financing and the Finance Provider's agreement to provide it
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles
4. Facility Details: Specifies the amount of financing, purpose, and term of the facility
5. Equipment Details: Describes the equipment being financed, including specifications and identification numbers
6. Payment Terms: Details the repayment schedule, interest rates, fees, and payment methods
7. Security Interest: Establishes the security interest in the equipment under the PPSA
8. Customer Obligations: Sets out the customer's responsibilities regarding equipment maintenance, insurance, and use
9. Title and Risk: Specifies when title passes and who bears risk for the equipment
10. Insurance Requirements: Details mandatory insurance coverage for the equipment
11. Default and Enforcement: Defines events of default and the finance provider's enforcement rights
12. Representations and Warranties: Lists the representations and warranties made by the customer
13. General Provisions: Includes standard contract clauses such as notices, governing law, and dispute resolution
1. Guarantee and Indemnity: Required when there are guarantors for the finance facility
2. Special Equipment Requirements: Included when the equipment requires specific handling, maintenance, or regulatory compliance
3. Variable Interest Rate Provisions: Included when the interest rate is not fixed
4. Early Termination Rights: Details conditions and costs for early payoff or termination
5. Cross-Collateralization: Required when the security interest extends to other equipment or facilities
6. Environmental Obligations: Included for equipment that may have environmental impacts
7. Import/Export Requirements: Required for equipment subject to international trade regulations
8. Service Level Requirements: Included when the agreement includes maintenance or service provisions
1. Schedule 1 - Equipment Schedule: Detailed description of equipment including make, model, serial numbers, and specifications
2. Schedule 2 - Payment Schedule: Detailed breakdown of payments including dates, amounts, and any balloon payments
3. Schedule 3 - Insurance Requirements: Specific insurance requirements including types of coverage and minimum amounts
4. Schedule 4 - Special Conditions: Any special conditions or variations to the standard terms
5. Schedule 5 - Fees and Charges: Comprehensive list of all applicable fees and charges
6. Appendix A - Equipment Maintenance Requirements: Detailed maintenance requirements and schedules
7. Appendix B - Guarantee Terms: Terms and conditions applicable to guarantors
8. Appendix C - PPSA Requirements: Specific requirements and procedures related to PPSA registration and compliance
Relevant legal definitions
Acceptance Date
Agreement
Approved Purpose
Authorized Officer
Balloon Payment
Business Day
Commencement Date
Conditions Precedent
Default Event
Default Interest Rate
Default Rate
Equipment
Equipment Location
Event of Default
Facility
Facility Amount
Finance Provider
Financial Indebtedness
GST
Guarantee
Guarantor
Insurance Policy
Interest Rate
Location of Equipment
Material Adverse Effect
Payment Date
Payment Schedule
Permitted Security Interest
PPSA
PPSR
Principal Amount
Related Entity
Repayment Schedule
Security Interest
Security Provider
Special Conditions
Supplier
Term
Term of Agreement
Total Amount Payable
Transaction Documents
Agreement
Approved Purpose
Authorized Officer
Balloon Payment
Business Day
Commencement Date
Conditions Precedent
Default Event
Default Interest Rate
Default Rate
Equipment
Equipment Location
Event of Default
Facility
Facility Amount
Finance Provider
Financial Indebtedness
GST
Guarantee
Guarantor
Insurance Policy
Interest Rate
Location of Equipment
Material Adverse Effect
Payment Date
Payment Schedule
Permitted Security Interest
PPSA
PPSR
Principal Amount
Related Entity
Repayment Schedule
Security Interest
Security Provider
Special Conditions
Supplier
Term
Term of Agreement
Total Amount Payable
Transaction Documents
Clauses
Interpretations
Conditions Precedent
Grant of Facility
Security Interest
Equipment Use and Maintenance
Payment Obligations
Interest and Fees
Insurance
Risk and Title
Representations and Warranties
Customer Obligations
Covenants
Default
Enforcement
GST
PPSA Provisions
Assignment and Transfer
Confidentiality
Force Majeure
Notices
Governing Law
Dispute Resolution
Indemnity
Costs and Expenses
Amendment and Waiver
Severability
Entire Agreement
Electronic Execution
Privacy and Data Protection
Anti-Money Laundering
Environmental Compliance
Termination
Set-Off
Further Assurance
Time of Essence
Conditions Precedent
Grant of Facility
Security Interest
Equipment Use and Maintenance
Payment Obligations
Interest and Fees
Insurance
Risk and Title
Representations and Warranties
Customer Obligations
Covenants
Default
Enforcement
GST
PPSA Provisions
Assignment and Transfer
Confidentiality
Force Majeure
Notices
Governing Law
Dispute Resolution
Indemnity
Costs and Expenses
Amendment and Waiver
Severability
Entire Agreement
Electronic Execution
Privacy and Data Protection
Anti-Money Laundering
Environmental Compliance
Termination
Set-Off
Further Assurance
Time of Essence
Relevant Industries
Manufacturing
Construction
Mining
Agriculture
Transportation and Logistics
Healthcare
Technology and IT
Retail
Hospitality
Professional Services
Renewable Energy
Telecommunications
Industrial Equipment
Automotive
Relevant Teams
Legal
Finance
Operations
Procurement
Risk Management
Treasury
Credit
Compliance
Commercial
Asset Management
Relevant Roles
Chief Financial Officer
Finance Manager
Equipment Finance Manager
Legal Counsel
Contracts Manager
Risk Manager
Operations Manager
Procurement Manager
Asset Manager
Treasury Manager
Credit Manager
Business Development Manager
Financial Controller
Commercial Manager
Compliance Officer
Find the exact document you need
Evergreen Loan Agreement
An Australian law-governed perpetual loan facility agreement establishing an ongoing credit arrangement with automatic renewal provisions.
Download
Personal Car Loan Contract
An Australian-law governed loan agreement for personal vehicle financing, compliant with national consumer credit legislation.
Download
Cash Loan Simple Loan Agreement
An Australian-law governed agreement establishing terms and conditions for a monetary loan between a lender and borrower, compliant with national credit protection regulations.
Download
Generic Loan Agreement
An Australian law-governed agreement establishing the terms and conditions for a loan between parties, including amount, interest, repayment terms, and security arrangements.
Download
Term Loan Agreement Non Regulated
An Australian law-governed agreement for a fixed-term commercial loan facility, setting out terms and conditions for business lending outside consumer credit regulations.
Download
Simple Equipment Loan Agreement
An Australian-compliant agreement governing the temporary loan of equipment between parties, including terms, conditions, and responsibilities.
Download
Model Loan Agreement
An Australian-compliant template loan agreement covering essential lending terms and regulatory requirements for use in commercial and consumer lending contexts.
Download
Facility Loan Agreement
An Australian law-governed agreement establishing terms and conditions for a loan facility, including facility amount, interest rates, repayment terms, and security arrangements.
Download
Computer Equipment Loan Agreement
An Australian-law governed agreement establishing terms for temporary computer equipment loans, including usage conditions, maintenance responsibilities, and return procedures.
Download
Standard Loan Agreement
An Australian-law governed agreement establishing terms for financial lending, including loan amount, interest, repayment terms, and security arrangements.
Download
Master Securities Loan Agreement
An Australian law-governed agreement template for securities lending transactions between financial institutions, establishing terms for securities loans and collateral arrangements.
Download
Film Equity Investment Agreement
Australian-law governed agreement for equity investment in film production, establishing investment terms, rights, and revenue sharing arrangements.
Download
Co Financing Agreement
An Australian law-governed agreement establishing terms for multiple lenders to jointly provide financing to a borrower, subject to Australian banking and corporate regulations.
Download
OverFacility Agreement
An Australian-law agreement establishing an overdraft facility between a financial institution and borrower, detailing credit limits, terms, and obligations.
Download
Investment Loan Contract
An Australian law-governed agreement establishing terms and conditions for investment financing, including loan details, security arrangements, and regulatory compliance requirements.
Download
Tripartite Loan Agreement
An Australian-law governed agreement establishing a three-way lending arrangement between a lender, borrower, and third party, detailing loan terms and party obligations.
Download
Loan And Mortgage Agreement
An Australian law-governed agreement establishing loan terms and mortgage security arrangements over real property, compliant with national credit and property legislation.
Download
Lease Hire Agreement
An Australian-compliant agreement governing the terms and conditions for hiring assets or equipment, suitable for both business and consumer leasing arrangements.
Download
Hire Purchase Agreement For Car
An Australian law-compliant agreement for purchasing a vehicle through structured payments, with ownership transferring to the buyer upon final payment.
Download
Deed Of Accession Loan Agreement
An Australian law-governed deed enabling a new party to join and assume rights and obligations under an existing loan agreement.
Download
Co Borrower Loan Agreement
An Australian legal agreement establishing terms and conditions for multiple borrowers to jointly obtain and repay a loan, subject to Australian federal and state lending laws.
Download
Bike Hire Purchase Agreement
An Australian law-governed agreement for the hire purchase of bicycles, establishing payment terms, usage conditions, and ownership transfer upon final payment.
Download
Bridge Loan Contract
An Australian law-governed agreement for short-term interim financing, establishing loan terms, security arrangements, and repayment conditions.
Download
Undertaking Loan Agreement
An Australian law-governed loan agreement detailing terms, conditions, and undertakings for financial accommodation between lender and borrower.
Download
Trade Finance Agreement
An Australian law-governed agreement establishing trade finance facilities between a bank and borrower, detailing products, terms, and security arrangements.
Download
Separation Financial Agreement
An Australian legal document that formalizes financial arrangements between separating couples under the Family Law Act 1975, detailing asset division and financial responsibilities.
Download
Seller Financing Car Contract
An Australian contract for selling a vehicle with seller-provided financing, compliant with national consumer credit and state vehicle regulations.
Download
Real Estate Loan Agreement
An Australian-law governed agreement establishing terms and conditions for a property-secured loan, including lending terms and security arrangements.
Download
Mezzanine Loan Agreement
Australian law-governed agreement establishing terms for subordinated debt financing, including facility terms, security arrangements, and subordination mechanics.
Download
Margin Loan Agreement
An Australian-compliant agreement governing margin lending arrangements between a financial institution and borrower, including security provisions and regulatory requirements.
Download
Loan Swap Agreement
An Australian law-governed agreement for exchanging loan payment obligations between parties, typically involving different interest rates or currencies.
Download
Loan Note Agreement
An Australian-law governed agreement documenting the issuance of debt securities, setting out terms for borrowing, repayment, and parties' rights and obligations.
Download
Loan Agreement Between Spouses
An Australian-compliant loan agreement for use between married spouses, documenting loan terms and conditions while ensuring protection under family law.
Download
Financial Support Agreement
An Australian law-governed agreement establishing terms and conditions for providing financial support between parties, including payment terms, conditions, and compliance requirements.
Download
Financial Assistance Agreement
An Australian-law governed agreement establishing terms for providing financial assistance, including funding conditions, repayment terms, and party obligations.
Download
Financial Agreement Between Two Parties
An Australian law-governed agreement establishing financial arrangements between two parties, including payment terms, security provisions, and regulatory compliance requirements.
Download
Equity Funding Agreement
An Australian-law governed agreement that sets out the terms and conditions for equity investment in a company, including share issuance, investor rights, and governance arrangements.
Download
Equipment Lease Purchase Agreement
An Australian-compliant agreement combining equipment leasing with a purchase option, allowing businesses to lease equipment with the possibility of ownership.
Download
Equipment Lease Agreement With Option To Purchase
An Australian law-governed agreement allowing equipment lease with future purchase rights, combining rental flexibility with acquisition options.
Download
Car Mortgage Agreement
An Australian-law governed agreement creating a security interest over a motor vehicle as collateral for a loan, compliant with national credit and personal property security legislation.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)