How Our Asset Finance Comparison Works
1. Tell Us About Your Asset Needs
Share details about the assets you need to finance - vehicles, equipment, machinery, technology, or fit-outs.
2. Get Matched With Business Finance Specialists
We connect you with brokers who specialize in asset finance and understand different structures, tax implications, and lender requirements.
3. Compare Finance Structures
Review options including chattel mortgage, finance lease, and hire purchase. Your broker will explain the benefits of each for your situation.
4. Secure Your Approval
Once you’ve chosen your preferred structure, your broker will prepare your application and secure competitive terms from suitable lenders.
Asset Finance Types
Chattel Mortgage
Most popular for businesses. You own the asset from day one, claim tax deductions, and have a balloon payment option at the end of the term.
Finance Lease
The financier owns the asset during the lease term. You make regular payments and have options to purchase, extend, or return the asset.
Commercial Hire Purchase
Similar to chattel mortgage but you don’t own the asset until the final payment. Good for businesses wanting 100% financing.
Operating Lease
The financier owns the asset and you lease it for a fixed term. Ideal for assets that need regular upgrades like vehicles or technology.
What Assets Can You Finance?
Vehicles & Trucks
Cars, utes, vans, trucks, trailers, and commercial vehicles of all types. New and used options available.
Equipment & Machinery
Manufacturing equipment, construction machinery, agricultural equipment, medical devices, and specialized tools.
Technology & IT
Computers, servers, software, telecommunications equipment, and point-of-sale systems.
Fit-Outs & Renovations
Office fit-outs, retail shopfitting, restaurant equipment, and business premises improvements.
Asset Finance FAQs
What deposit is required? Deposits typically range from 10-30% depending on the asset type, but some lenders offer 100% financing for established businesses.
Can I finance used equipment? Yes, most lenders will finance used assets up to a certain age. The specific rules depend on the asset type and condition.
What are the tax benefits? With a chattel mortgage, you can claim GST upfront, depreciation on the asset, and tax deductions on interest payments. Consult your accountant for specifics.
How long can the loan term be? Terms typically range from 2-7 years depending on the asset’s useful life. Shorter terms mean higher repayments but less total interest.
Can I include a balloon payment? Yes, balloon payments (also called residual values) can reduce your regular repayments. Balloons typically range from 10-50% of the asset value.
Ready to Finance Your Business Assets?
Start your comparison today and discover flexible asset finance solutions that preserve your cash flow while helping your business grow.