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.
Verified Review
It's nice, quick and easy to get a new equipments through Emu Money. Big thanks to Brad for his great assistance.
Marvin Y.
Verified Review
Thanks for all your help and dedication, it was super fast and easy to get my vehicle load approved and they found my vehicle in less then a day. smooth ans swift thanks Peter!
Barend B.
Verified Review
Jackson helped me to get into a brand new car when no one else would consider me for a loan. Very happy with the service he provided.
jodie d.
Verified Review
Jackson was very helpful in getting me a loan for my daughters car. Very happy with the service he provided.
Rick D.
Verified Review
I had the absolute pleasure of working with Bindiya Patel, and I can’t thank her enough for her immense help and outstanding service throughout the entire finance process. From the very beginning, she was professional, patient, and extremely knowledgeable, guiding me through every detail with genuine care. Bindiya went above and beyond to make sure everything was handled smoothly and efficiently. Her communication was always clear and prompt, and she made what could have been a stressful process feel easy and comfortable. I truly appreciate her dedication, honesty, and the personal touch she brings to her work. I would highly recommend Bindiya Patel to anyone looking for a trustworthy and supportive finance agent. She is simply amazing at what she does!
Jananie V.
Verified Review
evette was very helpful, quick, punctual and got the job done fast as well as it being a good deal. absolute gem
Kristian J.
These helpful FAQs will help you find the answers you need. If you can't find what you're looking for, you can request a callback below.