Asset & Trade Finance
Asset finance.
Finance to buy commercial vehicles, plant and machinery — secured against the asset itself, structured to suit your business.
Overview
How it works.
Asset finance is a loan to buy the equipment a business needs to operate or grow — vehicles, trucks, trailers, machinery, earthmoving equipment. The equipment itself is the security, which means you don't need to put up property or other assets to get the loan. There are three main types: chattel mortgage (the business owns the asset and pays it off), finance lease (the lender owns it and you lease it back), and hire purchase. Each has different ownership and tax implications — your accountant is the right person to advise on which one suits your business. We make sure the finance lines up with whichever path you choose. Lenders have very different rules in this space — what assets they'll lend on, how they treat used or older equipment, and how they handle the end-of-loan payment. We take your situation to the lender that's the best fit for the asset, your business and your timeframe, and we keep the approval moving so the equipment is working for the business as soon as possible.
Key Details
- Loan size
- $10,000 – $20M+
- Loan term
- 1 – 7 years
- Structure
- Chattel mortgage, finance lease or hire purchase
- Balloon
- Optional residual at term end
- Security
- The financed asset
Use Cases
When this product fits.
01 / 03
Commercial vehicles and fleet
Acquiring or expanding a fleet of commercial vehicles, trucks or trailers without drawing on property security.
02 / 03
Plant and machinery
Funding the plant, machinery or yellow goods a business needs to take on more work or lift its capacity.
03 / 03
Replacing ageing equipment
Upgrading or replacing equipment that is reaching the end of its working life, before maintenance and downtime start to bite.
Our Process
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.
FAQ
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.
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Ready?
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.