Asset finance broker.
Finance for the vehicles, trucks, machinery and equipment your business runs on. Secured against the asset, so your property stays out of it.
How it works.
Asset finance is a loan to buy something your business uses to earn money. That could be a ute, a truck, a trailer, an excavator, a tractor or a production line. The asset itself is the security, so you don't need to put up your house or other property. Most asset finance in Australia is written as a chattel mortgage. Your business owns the asset from day one, and the lender registers its interest on the PPSR until the loan is paid off. A finance lease or hire purchase works differently for ownership and tax. Your accountant should pick the one that suits your business. We are a broker. We match the asset, the age of your business and your credit file to the lenders on our panel that want that deal. Then we get it approved and settled, usually within days of the documents being signed.
- Loan size
- $10,000 – $20M+
- Loan term
- 1 – 7 years
- Structure
- Chattel mortgage, finance lease or hire purchase
- Deposit
- From $0, lender dependent
- Security
- The financed asset
When this product fits.
01 / 03
Vehicles and fleet
Utes, vans, trucks and trailers for one vehicle or a whole fleet, without drawing on property security.
02 / 03
Plant and machinery
Excavators, loaders, tractors and production gear so the business can take on more work.
03 / 03
Replacing ageing gear
Upgrading equipment near the end of its life, before repairs and downtime start costing more than repayments.
What asset finance can fund
If it has a serial number and helps the business earn, a lender will usually finance it. The common groups:
| Asset | Examples | Read more |
|---|---|---|
| Cars and utes | Work utes, vans, business cars | Work ute finance costs |
| Trucks and trailers | Light to heavy trucks, prime movers, trailers | Truck finance |
| Earthmoving and construction | Excavators, loaders, skid steers, cranes | Excavator finance |
| Agriculture | Tractors, sprayers, harvesters | Tractor finance |
| Medical and specialist | Imaging, dental chairs, lasers | Medical equipment finance |
| Business equipment | Fit-outs, forklifts, IT, solar | Equipment finance |
Tradies have their own guide: asset finance for tradies.
Chattel mortgage, finance lease or hire purchase
There are three main ways to structure asset finance. The difference is who owns the asset and how the tax works.
| Chattel mortgage | Finance lease | Hire purchase | |
|---|---|---|---|
| Who owns it | Your business, from day one | The lender, during the lease | The lender, until the last payment |
| GST | Claim the GST on the price upfront, if registered | GST is in each lease payment | Claim the GST on the price upfront, if registered |
| Tax deductions | Depreciation and interest | The lease payments | Depreciation and interest |
| At the end | Pay any balloon and you own it outright | Pay the residual to keep it, or hand it back | You own it after the last payment |
Chattel mortgage is the most common choice for businesses that want to own the asset. Your accountant should confirm which structure suits your tax position. Two guides go deeper: chattel mortgage vs operating lease and balloon payments explained.
Asset finance rates
Rates depend on the asset, its age, how long you've been trading and your credit file. These are published starting points, checked late September 2026. They are not quotes.
| Lender or measure | Published rate | Source |
|---|---|---|
| Chattel mortgage, prime business borrowers | from 6.24% p.a. | money.com.au, updated 24 Sep 2026 |
| Equipment loans, full range | 6.9% to 16% p.a. | Lyft Money, Q3 2026 |
| Average new variable loan to a small business (for comparison) | 7.07% p.a. | RBA table F7, data to July 2026 |
What moves your rate:
- The asset: new or near-new gear prices better than old or specialised gear
- Time in business: under two years usually costs more
- Your credit file, including any defaults or late payments
- A deposit or trade-in, which lowers the lender's risk
- A balloon, which lowers repayments but leaves a lump sum at the end
Most chattel mortgages are on a fixed rate. The RBA's rise to 4.60% on 29 September 2026 doesn't change a loan you already have. New quotes are priced off today's rates.
New ABN, low doc and used assets
A young business can still get asset finance. Some lenders will finance a vehicle or machine from your first day of trading, especially with a deposit, property owned or a contract in place. Others want two years of financials. Choose the right lender first and you avoid a decline on your file. Our guide to equipment finance with a new ABN explains the options, and this Ford Raptor case study shows one we fixed before applying.
Low-doc asset finance is available for established businesses up to set limits, using bank statements and a declaration instead of full financials. Used assets are fine too. Each lender sets an age limit, usually based on how old the asset will be when the loan ends.
Bring the right paperwork and approval moves faster. Use the asset finance document checklist.
Refinancing asset finance you already have
Many businesses took their first truck or machine at a high rate because the ABN was new. Two years of clean trading can change what lenders offer. The first step is a written payout figure from your current lender. Then we price a new loan against the asset and show whether moving saves money once the payout costs are counted. Sometimes the honest answer is to stay put. See how to refinance equipment finance for a worked example.
Asset finance on the Gold Coast and in Brisbane
We're based on the Gold Coast and arrange asset finance for businesses across Queensland and the rest of Australia. Dealers, private sales and auctions all work. We just need the invoice or the seller's details. See commercial finance on the Gold Coast and in Brisbane.
How we structure these deals.
Apply
Tell us about the deal in one short form. Just the shape of what you need. The documents come later.
We structure the deal
We build the structure around the deal, then take it to the lenders on our panel most likely to fund it.
Lender approval
We manage the lender back-and-forth, negotiate the terms and bring you a clear recommendation.
Settlement
Conditions, documents and settlement. Handled and tracked through to funds in the account.
Questions, answered.
Under a chattel mortgage the business owns the asset and the loan is secured against it. Under a lease the financier owns it and the business pays to use it. They carry different ownership, balance sheet and tax treatment. Your accountant advises on which suits; we structure the finance to match.
Yes, though lenders differ on how old an asset they will fund and how they price it. Some are very comfortable with used equipment; others are not. Matching the asset's age to the right lender is a core part of placing these deals well.
Usually not. The financed asset is the security, which is the main efficiency of asset finance. You fund the equipment without encumbering property or other assets.
A balloon, or residual, is a lump sum left owing at the end of the term. It lowers the regular repayments but has to be settled or refinanced at term end. The right balloon depends on how long you will keep the asset and its likely value then.
Standard assets with clean documentation can move quickly, sometimes within a day or two, because the asset itself is the security and the structure is well understood. More specialised or higher-value equipment takes a little longer.
Often none. Many lenders finance 100% of the price for an established business. A deposit can help a newer business, an older asset or a credit file with marks on it, and it can lower the rate.
Yes, with the right lender. Some lenders accept a new ABN, especially with a deposit, property owned or a contract in place. Others want two years of trading. We pick the lender before applying so the deal isn't declined on age alone.
Let's structure your asset finance.
One short application puts your deal in front of the lenders most likely to fund it. No obligation, no cost to find out where you stand.
Apply for asset finance.
Three questions and your details. Our team calls you back. No call centre.
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