Expanding Your Hospitality Venue Before EOFY? Here’s How to Finance Your Fit-Out Fast
Last updated: 23 April 2025
If you’re opening a new café, wine bar, or kitchen-led venue in the next few months, you’re probably juggling a dozen things: site negotiations, supplier delays, staffing — and the ever-looming EOFY deadline.
Here’s something many hospitality owners overlook: financing your fit-out and kitchen equipment before June 30 can unlock tax benefits and give you breathing room when you need it most.
Whether you’re setting up a second location, expanding into a new concept, or upgrading your kitchen with a new pizza oven and commercial fridge — this guide shows you how to move fast, finance smart, and stay focused on what matters: launching strong.
Why EOFY Is the Smartest Time to Finance Hospitality Equipment
The ATO allows eligible businesses to deduct the full cost of certain equipment and fit-out purchases under simplified depreciation rules — but only if the gear is purchased and installed ready for use before June 30.
That means you can:
Reduce this year’s tax bill
Preserve working capital for launch costs
Start the new financial year with upgraded systems in place
If you’re already getting quotes on pizza ovens, commercial fridges, or stainless-steel prep stations — now’s the time to act.
Hospitality Equipment That Can Be Financed Before EOFY
We help hospitality businesses finance:
Pizza ovens, fridges, grills, and commercial kitchen appliances
Display or underbench refrigeration systems
Coffee machines and dishwashers
POS systems and front-of-house tech
Stainless steel benches and fit-out equipmenT
Finance Approvals in 24–48 Hours
At Casey Asset Finance, we work at the speed of hospitality. We know the pressure of lease starts and supplier hold-ups.
That’s why we offer:
Approvals in 24–48 hours
Up to $75K without financials*
Access to 40+ lenders with competitive rates
Coordination with suppliers to ensure delivery is timed before EOFY
You select the gear — we secure the funding.
Understanding Your Finance Options: Lease or Chattel Mortgage?
When financing hospitality equipment, you’ll typically choose between two structures:
1. Chattel Mortgage
You own the asset from day one
The equipment is held as security by the lender
You may be eligible to claim GST upfront, depreciate the asset, and deduct interest
Best suited to businesses that want long-term ownership and tax efficiency
2. Finance Lease
The lender retains ownership of the asset during the lease term
You rent the equipment and make fixed monthly payments
At the end, you can buy it, return it, or upgrade
Monthly payments may be fully deductible as an expense
Ideal for preserving cash and staying flexible with upgrades
We’ll help you choose the right option based on your business goals, tax strategy, and cash flow — so you’re not just financed fast, you’re financed smart.
Beat the EOFY Cut-Off (While Everyone Else Rushes)
Don’t wait until June 29. Many lenders and suppliers are at full capacity by mid-June.
Getting pre-approved now means:
You lock in your equipment finance early
Your supplier gets clarity to deliver on time
You avoid the last-minute EOFY scramble
Frequently Asked Questions
Can I claim a pizza oven or fridge as a business deduction before EOFY?
Yes — if it’s used primarily for business purposes, purchased and installed before June 30, and your accountant confirms eligibility, you can claim the deduction.
How quickly can I get hospitality equipment finance approved?
We offer approvals within 24–48 hours for eligible businesses, including no-doc options up to $75K for established businesses looking to replace equipment or open a new location.
Do I need financials to apply for EOFY equipment funding?
Not always. Some of our lenders offer no-financials approvals up to $75,000, depending on your ABN history and credit score.
Ready to Expand? Let’s Get Your Kitchen Funded Fast
If you’re opening a new location or upgrading your venue before EOFY, we’ll make it simple. Fast approvals, expert support, and over 40 lenders — all working for you.
Apply now or call me directly. We’ll have it sorted in hours — not weeks.
