Asset finance
Vehicles, equipment and machinery — for businesses, sole traders and individuals. Often approved same day. Access to bank and non-bank lenders, including those that lend on ABN alone.
What we finance
- Vehicles
- Cars, utes, vans. New, used, dealer or private sale.
- Trucks and trailers
- Prime movers, rigids, tippers.
- Yellow goods and machinery
- Excavators, loaders, forklifts, agricultural equipment.
- Trade and business equipment
- Tools, fit-outs, medical and dental, hospitality, IT.
New and used. We also finance private sales, which many lenders won’t.
Which structure suits you
- Chattel mortgage
- You own the asset from day one; the lender takes security over it. The most common structure for businesses using the asset for work.
- Finance lease
- The lender owns the asset and you lease it for a fixed term, with options at the end.
- Consumer car loan
- For personal use rather than business. Regulated under consumer credit law, which means additional disclosure and assessment requirements — and often a different rate to business lending.
- Balloon payment
- Any of these can include a lump sum at the end of the term, lowering monthly repayments. It reduces what you pay each month, but you’ll owe that amount when the term ends — either paid out, refinanced, or covered by selling the asset. Maximum balloon varies by lender and asset age.
Each structure is treated differently for GST and tax. Your accountant should confirm which suits your circumstances — we’ll work with them on it.
What we’ll need
- ABN holders
- ABN, GST registration status, and details of the asset. Many lenders don’t require financials for straightforward applications.
- Individuals
- Income details and the asset you’re buying.
Most approvals come back within a day. Settlement can often follow immediately.
How it works
Tell us the asset and your ABN.
A phone call or a photo of the listing is usually enough to start.
We come back with options, often the same day.
Rate, term, balloon and what each lender needs from you.
Settlement follows approval.
For dealer sales, often within a day or two. Private sales take slightly longer because of the transfer checks.
Situations we’ve handled
Contractor buying a work vehicle on ABN alone
No financials available and a vehicle needed for a contract starting that week. Asset finance approved on ABN and asset details, settled through a private sale.
Based on real client files. Details changed and identifying information removed. Every application is assessed on its own circumstances — past outcomes don’t indicate what any lender will approve for you.
Work out the numbers yourself
Buying a large asset and own property? Releasing equity from a home loan is sometimes cheaper than asset finance — worth comparing before you commit. Home loans →
General information only. Not credit assistance or tax advice. Lending criteria, fees and eligibility apply.