Commercial vehicles and trucks
Utes, vans, prime movers, rigids and trailers.
ASSET FINANCE
Asset Loans
One flexible way to fund nearly any asset your business needs to grow. Vehicles, machinery, fit-out, and technology, all under the same roof.
- One structure for almost any business asset
- Vehicles, machinery, fit-out, and technology
- Chattel mortgage, lease, or hire purchase
- Over 50 lenders compared for you
Estimate your asset repayments
A quick guide based on the asset cost, an indicative rate and your preferred term. Talk to the team for an accurate quote tailored to your business.
Estimate your asset repayments
$40,000
$10,000$1,000,000
Enter the amount you wish to borrow.
5.00%
0.01%20%
Annual interest rate on the loan.
5 years
1 year7 years
Duration of the loan in years.
Monthly payment
$755
Your estimated monthly payment.
Total cost of loan$45,291
What counts as an asset
If it holds value and helps you earn, a lender will usually consider it.
Plant, machinery and equipment
Earthmoving, manufacturing, workshop and yard gear.
Medical and clinic gear
Imaging, dental chairs, surgical and allied health equipment.
Office fit-out and technology
Joinery, hardware, IT and point of sale systems.
The three structures compared
Confirm the tax treatment with your accountant. The right structure depends on how the asset earns and how long you will keep it.
Chattel mortgage
You own it from day one. Claim GST upfront, deduct interest and depreciation. Best when you want to own and claim it.
Hire purchase
The lender holds title until the final payment. Tax treatment is similar to a chattel mortgage in many cases. Best when you want ownership at the end.
Finance lease
The lender owns the asset and you deduct the lease payments. Best when you want lower outlay or to upgrade often.
What you need
An active ABN
Asset finance is for business-use assets, so an ABN is required.
Serviceability
Evidence you can comfortably meet the repayments.
A workable credit file
Past issues are usually fine if there is a clear story.
Insurance on the asset
Comprehensive cover from settlement onwards.
Why broker an asset loan
The cheapest lender for a truck is rarely the cheapest for a CNC machine or a clinic fit-out. We match the asset to the lender that prices it best, instead of forcing everything through one bank's policy.
Related machine finance
Continue exploring across our lender panel.
Frequently asked questions
Almost any business-use asset that holds resale value.