5.0 rating
Amounts from $10,000 to several million
Loan terms from 1 to 10 years
Funding often within 24–72 hours
The asset itself acts as collateral
Transport, agriculture, construction, IT, medical and more
Interest and depreciation may be deductible
Tell us about your business and the asset you need.
Receive tailored quotes from multiple lenders across Australia.
Compare interest rates, fees and repayment terms to find the best fit.
Approval and settlement often within 24–72 hours.
Asset finance helps Australian businesses acquire critical equipment and infrastructure without large upfront costs. Repayments are spread over time, freeing cash for working capital and growth.
Loans are usually secured against the asset, reducing lender risk and delivering sharper pricing compared to unsecured products. Terms typically range from 1 to 10 years, with repayment structures tailored to cash flow.
Assets that can be financed include vehicles, construction machinery, IT systems, medical technology, manufacturing equipment, renewable energy installations and even commercial property. Whether you’re modernising infrastructure, upgrading vehicles, or expanding operations, asset finance ensures you have access to the resources you need.
The advantage is flexibility: you gain immediate use of the asset, while repayments align with the income it generates. This keeps cash flow predictable and allows businesses of all sizes to remain competitive and agile.
This guide is broken down into the following sections. Click a link if you want to skip ahead.
The main types of asset finance available to Australian businesses are:
A secured loan where you own the asset from day one while the lender holds a mortgage over it as security. Perfect for business equipment, vehicles, and machinery purchases.
Established businesses looking to purchase equipment, vehicles, or machinery with immediate ownership and maximum tax benefits.
A financing arrangement where you hire the asset with an obligation to purchase it at the end of the term. Combines the benefits of gradual ownership with manageable monthly payments.
Businesses that want eventual ownership of assets but need to spread the cost over time, particularly suitable for essential equipment with long useful life.
A lease agreement where you use the asset throughout the lease term with the option to purchase it at the end. Ideal for businesses wanting to preserve cash flow while accessing essential equipment.
Growing businesses that need equipment access without large capital outlay, or companies wanting to preserve cash flow for operations.
Asset finance is versatile and can be used for many business needs:
Fund cars, vans, trucks and specialised vehicles for business operations.
Purchase essential tools and equipment for construction, agriculture or manufacturing.
Finance computers, servers, software, and communication systems.
Acquire desks, chairs, shelving, fixtures and fittings for your workplace.
Fund excavators, cranes, loaders, bulldozers and other heavy machinery.
Acquire or develop warehouses, retail spaces, or office buildings.
Finance specialised production lines, tools or CNC machinery.
Fund diagnostic devices, surgical tools and patient care systems.
Acquire commercial kitchens, refrigeration and fit-out equipment.
Invest in solar panels, wind turbines and sustainable energy solutions.
David Harris, Northern Freight Solutions
Industry: Transport & Logistics
Challenge: Limited fleet size meant turning down contracts and missing growth opportunities.
Solution: A 5-year chattel mortgage secured against three prime movers and trailers.
David runs a freight company in South Australia. Demand was growing, but he lacked the fleet capacity to service new contracts. Through Emu Money, he secured asset finance for three prime movers and trailers under a 5-year chattel mortgage. Repayments were structured monthly, aligned with invoicing cycles. The new fleet allowed him to take on major clients, expand routes, and double turnover within 18 months — all while maintaining predictable repayments.
In Australia, asset finance typically ranges from $10,000 for smaller purchases up to several million dollars for large-scale projects. The borrowing amount depends on the type, value and expected life of the asset, as well as your business’s financial position.
Lenders usually consider the resale value and income-generating potential of the asset when deciding limits. Because the loan is secured against the asset itself, approval is often simpler and pricing more competitive compared to unsecured loans.
Balance over time
Eligibility is generally straightforward, as the asset provides collateral. Lenders assess turnover, bank statements and repayment history when reviewing applications.
You may be eligible if you are:
An Australian citizen or permanent resident
Over 18 years old
Operating a registered business
Able to provide recent financials or bank statements
Hold an ABN (and GST registration if required)
Apply online in minutes and get instant quotes from our panel of lenders. Choose the best option, submit documents, and funding can often be arranged within 24–72 hours.
Documents you may need:
ABN and GST registration details
Photo ID (passport or driver’s licence)
Recent bank statements
Tax returns or financials (for larger loans)
The total cost of asset finance depends on loan term, rate, and repayment frequency. Shorter terms reduce overall interest but increase monthly outgoings, while longer terms ease cash flow but increase total costs.
Compare multiple lenders to secure the sharpest deal. Watch for hidden costs like establishment, documentation, or early termination fees. Align repayment schedules with revenue cycles to reduce stress and late fees. Where possible, make additional repayments to cut down interest.
Asset finance products can differ significantly in structure. Here are key features to understand before choosing:
Most asset finance loans are secured against the asset itself. This reduces lender risk, supports higher borrowing limits, and allows for more competitive interest rates compared to unsecured facilities.
Directors or owners may be asked to provide a personal guarantee. This makes you personally responsible if repayments aren’t met, reducing lender risk but enabling access to sharper terms.
Asset finance terms generally run 1–10 years. A balloon or residual payment can reduce regular instalments, but you’ll need to pay or refinance the lump sum at the end of term.
Most facilities use fixed interest rates, offering repayment certainty. Some lenders also provide variable options, which may start lower but can fluctuate. Compare carefully to match risk tolerance.
Fees can include establishment, documentation, ongoing service and early payout charges. Always calculate the true cost of borrowing, not just the interest rate, to avoid unexpected expenses.
Repayments can be scheduled weekly, fortnightly, monthly or seasonally. Choosing a structure that aligns with your business’s revenue cycle ensures smoother cash flow management and fewer late fees.
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I had Baron as my broker for a car loan, and the entire process was incredibly smooth and straightforward. All I had to do was answer a few questions and provide the necessary documents — Baron handled the rest. Before I knew it, I was finalizing the paperwork for my new car. Highly recommend — really appreciate all your help, Baron!
Donna C.
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Really happy that it only took few days and no muck around. Ryan was friendly and able to help me pay off a loan and get a new car. Best part was taking away all the stress. Keeping me informed along the way with texts worked with me perfectly! Thanks.
Sheree F.
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Great to work with good communication and made things nice and easy
Benjamin B.
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I had an excellent experience with Emu Money as they managed my car financing process smoothly and quickly. They were extremely professional and proactive, making the entire process stress-free. From start to finish, Emu Money’s team ensured that everything was handled efficiently, keeping me informed along the way. I appreciate their responsiveness and dedication, which made the process seamless. Highly recommend Emu Money for anyone looking for a reliable and professional financial partner!
Zain R.
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I was so lucky to have had Evette as my broker through emu money, from the very first phone call Evette was amazing, so prompt and professional keeping me updated on the whole process of the application for finance for my new car, I highly recommend Evette!!!
Kaila B.
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It was an absolute pleasure dealing with Ryan from Emu Money in sorting out my car loan. I was talking with another broker and I was almost ready to settle the loan through him without realising I was getting charged a large amount as the lender fee, almost 3K. Once I started talking with Ryan I realised the naked truth of how I was about to get ripped off by the other lender. Ryan helped me to get the loan with a lesser fee, lesser repayment amount and the same lender with which I was gone with the first broker. I can't thank enough Ryan for his exceptional service which helped to get a better deal. I would highly recommend him for any loan needs.
Praveen P.
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