Asset finance · technology and software
Finance the platform, not just the hardware.
Software, SaaS implementation costs, IT infrastructure, cloud migration. Newer category in asset finance because traditional lenders struggled with software depreciation. Specialist lenders now finance software licences and implementation costs.
What it is, when it fits
Plain English, with the trade-offs.
Technology and software finance covers the categories traditional asset finance historically excluded: software licences, SaaS implementations, cloud infrastructure, custom software development, and IT services. The category emerged with specialist lenders (Flexi Commercial, Multipli, Plenti Tech Finance) in the 2010s after generic asset financiers proved unwilling to fund intangibles. Modern technology finance funds the full lifecycle: hardware (where it exists), software licence acquisition, implementation services (consultancy, configuration, training), and ongoing managed services bundled into a single facility. Pricing is higher than physical asset finance (8% to 15% p.a.) reflecting the absent recovery security, but the structure preserves cashflow that would otherwise tie up working capital. Suits ERP rollouts, cloud migrations, custom software builds, and SaaS suite acquisitions. Loan sizes $20K to $2M, terms 1 to 5 years.
Broker meeting business owners on-site at their workshop.
Typical scenarios
ERP implementation for growing manufacturer
Why: $400K total ERP rollout: licence + implementation + training.
Outcome: Combined facility, 4-year term, all costs financed under one structure.
Cloud migration for professional services firm
Why: On-prem to cloud migration, $180K project across 9 months.
Outcome: Project-based facility, drawn against milestones, repaid as cloud savings flow.
SaaS suite for retail business
Why: Annual licence renewal $120K plus implementation $40K.
Outcome: 12-month implementation finance, refinanced annually as licence renews.
Custom software development project
Why: Custom platform development across 12 months, $250K total.
Outcome: Drawdown matched to development milestones, balloon at completion handles deployment costs.
Lenders for this product
Who we work with.
- Flexi Commercial
- Multipli
- Pepper Asset Finance
- Macquarie Leasing
Lender accreditation varies; not every lender is available for every deal. We pick from the panel based on your specific situation.
How it works
From brief to settlement.
- 01
Project scope review
We review project scope, vendor agreements, and milestone schedule. Lender appetite varies sharply by project type and vendor relationship.
- 02
Vendor coordination
Most tech-finance facilities require coordination with the software or implementation vendor. We engage with vendor finance teams directly.
- 03
Approval and structure
Approvals typically return inside 1 to 2 weeks. Structures are bespoke; we negotiate drawdown schedule and end-of-term treatment.
- 04
Drawdown and project monitoring
Staged drawdown matched to project milestones. We support facility-level renegotiation if scope changes mid-project.
Indicative pricing & terms
Ranges, not promises.
Rate range
8 to 15% p.a.
Loan size
$20K to $2M
Term
1 to 5 years
Security
Bespoke per deal: licence, implementation, sometimes equipment
Indicative only; specific pricing depends on lender, security, and your business profile.
Frequently asked
Honest answers, plain English.
Why finance software?
Software and implementation costs often dwarf the underlying hardware in modern IT projects. Funding them across the useful life of the platform preserves working capital that would otherwise tie up in a single capital event. The trade-off is interest cost; for fast-payback platforms, paying upfront is usually cheaper.
Tax treatment of software licences?
Software licences and implementation costs are usually deductible as incurred or capitalised and amortised, depending on contract structure and the licence form. This is genuinely accountant territory; we coordinate with your tax adviser.
Implementation cost financing?
Specialist tech-finance lenders fund implementation costs alongside licence and hardware in a single facility. This is the historical gap that made tech finance its own category; mainstream asset financiers usually still won't fund pure implementation.
Mid-project funding?
Yes, most tech-finance facilities allow staged drawdown matched to project milestones. Reduces risk on both sides because the facility can be reduced or paused if the project goes off-rails.
End-of-term options?
Depends on structure. For licence-only or SaaS facilities, end-of-term usually means refinance into the next renewal cycle. For custom platforms, end-of-term ownership transfers; for hardware components, standard chattel-mortgage rules apply.
SaaS-specific structures?
Some lenders specialise in SaaS subscription financing (paying the SaaS provider upfront for the year, you pay the lender monthly). Useful for SaaS providers offering annual discounts you can't otherwise capture.
Related products
If this isn't quite the fit.
Next step
Twenty minutes, no obligation.
Tell us the shape of the deal and the timing. We'll send a lender shortlist for technology and software finance or, if it isn't the right fit, an honest signal of what is.