Business asset and equipment lending solutions
Asset Finance Guide
Explore asset finance options for business vehicles, equipment, machinery, trucks, trailers and commercial assets with flexible lending structures.
The basics
What Is Asset Finance?
Asset finance is a lending solution designed to help businesses purchase income-producing assets such as vehicles, equipment, machinery, trucks, trailers and commercial tools.
Rather than paying the full purchase price upfront, businesses may use asset finance to spread repayments over an agreed term while preserving working capital.
Asset finance can overlap with commercial finance, equipment finance and business vehicle finance depending on the asset and business purpose.
Asset finance may assist with:
- Business vehicles
- Equipment and machinery
- Trucks and trailers
- Tools and commercial assets
- Low doc lending scenarios
- ABN finance applications
Asset categories
Types Of Assets That May Be Financed
Business Vehicles
Finance options for utes, vans, company cars and business-use vehicles.
02Equipment Finance
Funding for tools, machinery, equipment and other business assets.
03Truck & Trailer Finance
Finance solutions for transport assets, trailers and commercial vehicles.
04Commercial Finance
Broader business lending solutions for commercial asset purchases.
05Low Doc Finance
Alternative documentation lending options for eligible businesses.
Specialist Assets
Some lenders may consider niche or specialised assets depending on the scenario.
Finance structures
Common Asset Finance Structures
Chattel Mortgage
Often used by businesses that want to own the asset while financing the purchase over an agreed term.
Finance Lease
Allows a business to use an asset while making lease payments across the finance term.
Low Doc Lending
May allow eligible businesses to use alternative documentation instead of full financial statements.
Balloon Structures
A balloon payment may reduce regular repayments by leaving a final amount payable at the end of the term.
Residual Structures
Residual values may apply to some lease-style structures depending on the asset and lender policy.
Compare Structures
Different lenders may offer different terms, repayments, documentation requirements and policy settings.
Business lending
Asset Finance For Business Growth
Businesses may use asset finance to upgrade equipment, replace ageing vehicles, expand operations or access income-producing assets sooner.
The right structure can depend on the business, asset type, cash flow position, tax advice and lender requirements.
Explore Commercial FinanceCommon business uses:
- Preserve working capital
- Upgrade vehicles or equipment
- Support business expansion
- Replace ageing assets
- Improve operational capacity
- Acquire income-producing assets
Lender assessment
What Lenders May Consider
Asset Type
The asset’s age, condition, purpose and resale value may influence lender policy.
Business Profile
ABN age, GST registration, trading history and bank conduct may be assessed.
Credit Profile
Credit history, repayment conduct and overall application strength may affect lender options.
Loan Amount
The size of the loan compared with asset value and business profile can affect assessment.
Documentation
Some lenders may request full financials, while others may consider low doc alternatives.
Deposit Position
A deposit or stronger equity position may help some asset finance scenarios.
Related finance guides
Explore Related Asset Finance Guides
Commercial Finance
Explore broader business lending solutions across commercial assets.
Equipment Finance
Finance options for machinery, tools and business equipment.
Business Vehicle Finance
Commercial vehicle finance for utes, vans and business-use vehicles.
Truck & Trailer Finance
Finance solutions for trucks, trailers and transport assets.
Low Doc Finance
Alternative documentation lending for eligible business borrowers.
Compare Finance Options
Compare flexible lending options across asset and business finance scenarios.
Compare Asset Finance Options
Explore flexible finance options for business vehicles, equipment, machinery, trucks, trailers and commercial assets.
Common questions
Asset Finance FAQs
What is asset finance?
Asset finance is a lending solution that helps businesses purchase vehicles, equipment, machinery and other commercial assets.
Can used assets be financed?
Some lenders may consider used assets depending on age, condition, valuation, business profile and asset type.
Is asset finance only for vehicles?
No. Asset finance may cover equipment, machinery, tools, trucks, trailers and other commercial business assets.
Can self-employed applicants apply?
Yes. Self-employed applicants may be eligible depending on ABN age, trading history, documentation and lender criteria.
Is low doc asset finance available?
Some lenders may offer low doc asset finance options for eligible businesses using alternative documentation.
Can asset finance include a balloon payment?
Some asset finance structures may include a balloon or residual depending on lender policy and asset type.
Electric Vehicle Finance
Considering An Electric Vehicle?
Explore our Electric Vehicle Finance Guide to compare EV finance options, ownership costs, repayments and lender considerations for new and used electric vehicles.
View EV Finance Guide