What assets can a business finance?

Asset finance may cover vehicles, trucks, machinery, tools, medical equipment, technology and other eligible business equipment. The asset, its age and condition, business use, loan amount and borrower profile all affect which lenders and structures may be available.

What is the difference between a chattel mortgage and an equipment lease?

With a chattel mortgage, the borrower generally owns the asset while the lender takes security over it. Under a lease, the financier generally owns the asset and the business pays to use it for an agreed term. Cash flow, ownership, end-of-term options and tax treatment should all be considered with an accountant.

Is a deposit always required for asset finance?

Not always. The required contribution depends on the asset, purchase price, business history, credit profile and lender policy. A lender may also consider the asset's value as security. Even where little or no deposit is available, fees and other upfront costs may still need to be funded.

What do lenders assess for business vehicle or equipment finance?

Lenders may assess the business trading history, income or bank transactions, existing commitments, credit history, asset details and intended use. Newer businesses or unusual assets may require more evidence or a larger contribution. Approval, pricing and terms depend on the full application.

ASSET FINANCE

The right asset. A clearer way forward.

Explore finance for vehicles and equipment, with the structure shaped around how you will use the asset. Guidance in English or 中文.

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What will help you move forward?

Start with the asset and the job it needs to do.

Whether you need a vehicle for work, equipment for growth or a replacement asset, we help you review the cost, use and finance options before you decide.

Power tools and equipment arranged on a workshop bench

Vehicles for work

Explore finance for eligible utes, vans, trucks and specialist vehicles. Start with how the vehicle will support your work, its cost and your preferred timeframe.

Equipment for growth

Consider the machinery and equipment you need to take on more work or improve productivity. Review the purchase price, useful life and ongoing operating costs together.

Replacing an existing asset

Review an upgrade alongside any existing finance, trade-in or payout amount. Compare the new asset and finance structure with your business plans and cash flow.

Start with the asset. Then compare the structure.

Compare more than the repayment.

Review ownership, total costs and repayment timing alongside the way your business will use the asset. The suitable structure depends on the asset, your circumstances and lender criteria.

Business asset planning and budget illustration

Use and budget

Connect the asset to your plans.

Tell us what you need it for, the expected cost and your timeframe. Review the purchase price alongside running costs, any deposit and funds you want to keep available.

Wallet, coins and an umbrella representing a cash buffer

Finance options

Understand how the arrangement works.

Compare available finance structures, ownership arrangements and fees. We help explain the differences so you can assess the options with your business needs in mind.

Savings and a home representing a deposit

Terms and cash flow

Plan for the full commitment.

Compare the term, repayments, fees and any final balloon payment. A lower regular repayment can leave a larger amount due at the end, so review how it fits your cash flow.

Business asset finance planning and comparison

A CLEARER ASSET FINANCE COMPARISON

Asset + structure + cash flow

Review the full cost

Include repayments, fees, running costs and any balloon payment.

Match the asset to the work

Consider the useful life and the way your business will use it.

Ask about ownership and tax

Confirm the finance terms with us and tax implications with your accountant.

A clear process, with support at every step.

Start with a clearer plan.
We help you review the asset, compare suitable finance options and prepare for the application.
Guidance in English & 中文.

Person, messages and documents representing an initial conversation

① Start a conversation

Tell us about the asset you are considering, how you plan to use it and your preferred timing. Bring a quote or an expected price to frame the conversation.

Loan documents and a magnifying glass representing a financial review

② Review your position

Review your business position, budget and existing commitments. Consider available funds, any trade-in or current asset finance, and the repayments your cash flow can support.

Charts and arrows representing comparison of loan options

③ Compare your options

Compare suitable structures, fees, repayment timing and any final balloon payment. Understand ownership arrangements and the full commitment before choosing an option.

Vehicle finance agreement with a check mark and key

④ Plan the next stage

Prepare the requested documents and asset details for lender assessment. If approved, review the agreement and any conditions before finance and supplier payment are arranged.

Be prepared. A smoother process.

Loan application documents and planning materials

For your first conversation

A simple asset overview is enough.

✓ Details of the vehicle or equipment.

✓ How you plan to use it and when.

✓ Your budget, existing finance and any trade-in.

For your application

Requirements vary by lender and asset. We will explain what to prepare.

Your lender may ask for:

• Identification and income evidence

• Business financials where required

• Asset quote, invoice and supplier details

• Existing finance and commitment details

Start with what you have.

Discuss the plan before every document is ready. Share financial documents through the agreed secure process.

Keep exploring, at your pace.

Explore asset finance questions and preparation tools at your own pace. Start with general information, then discuss the asset and your circumstances with a broker.