Compare Asset Finance from 50+ Australian Lenders

Acquire vehicles, machinery, equipment and more without tying up capital. Compare real quotes in minutes with no impact on your credit score.

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Asset Finance Australia
Business Asset Loan

Asset Finance Made Simple

Finance a wide range of assets — from vehicles to IT infrastructure — with tailored solutions that help Australian businesses grow without draining cash flow.

Borrow With Confidence

Amounts from $10,000 to several million

Flexible Terms

Loan terms from 1 to 10 years

Fast Approval

Funding often within 24–72 hours

Secured by Asset

The asset itself acts as collateral

Industry Coverage

Transport, agriculture, construction, IT, medical and more

Tax Benefits

Interest and depreciation may be deductible

How Asset Finance Works

We connect you with lenders offering tailored asset finance so you can fund essential purchases quickly and confidently.

1.

Apply online in minutes

Tell us about your business and the asset you need.

2.

Get matched offers

Receive tailored quotes from multiple lenders across Australia.

3.

Choose your loan

Compare interest rates, fees and repayment terms to find the best fit.

4.

Get approved & funded

Approval and settlement often within 24–72 hours.

How Asset Finance Works

Backed by over 50+ lenders

Giving you the best chance of being approved.

Affordable Car Loans
Alex Bank
Angle Finance
ANZ
Australian Motorcycle & Marine Finance
Australian Premier Finance
Automotive Financial Services
Azora
Bank of Melbourne
Bizcap
BOQ
Branded Financial Services
Capify
Capital Finance
CarStart Finance
CFI
Dynamoney
EarlyPay
Equity Tap
Finance One
Finstro
Firstmac
Flexi Commercial
Green Light Auto
Grenke
Latitude
Liberty
Lumi
Metro
Money3
MoneyMe
MoneyPlace
Morris Finance
Moula
Multipli
Now Finance
Pepper Money
Plenti
Prospa
Resimac
ScotPac
Selfco
Shift
SocietyOne
UME Loans
Vestone
Westpac
Wisr
Yellow Gate

Ready to get started?

Compare asset finance options from 50+ lenders with one simple application.

A quick guide to asset finance

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.

Want to skip ahead?

This guide is broken down into the following sections. Click a link if you want to skip ahead.

Types of asset finance

The main types of asset finance available to Australian businesses are:

Chattel Mortgage

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.

Loan Amount$5,000 - $2,000,000
Term12 - 84 months
Interest RateFrom 6.59%
Time to Fund24 - 48 hours
EligibilityABN registered, GST registered (if applicable), Australian Citizen or PR
Pros
  • Immediate ownership of the asset
  • Tax benefits - claim GST credits and depreciation
  • Flexible repayment terms available
  • Lower interest rates due to security
Cons
  • Asset serves as security - risk of repossession
  • Comprehensive insurance typically required
  • Ongoing maintenance responsibilities
Best For

Established businesses looking to purchase equipment, vehicles, or machinery with immediate ownership and maximum tax benefits.

Hire Purchase

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.

Loan Amount$5,000 - $2,000,000
Term12 - 84 months
Interest RateFrom 6.59%
Time to Fund24 - 48 hours
EligibilityABN registered, GST registered (if applicable), Australian Citizen or PR
Pros
  • Guaranteed ownership at term completion
  • Fixed monthly payments for budgeting
  • No large upfront capital required
  • Tax benefits available during the term
Cons
  • No ownership until final payment made
  • Higher total cost than outright purchase
  • Asset cannot be sold during the term
  • Early termination may incur penalties
Best For

Businesses that want eventual ownership of assets but need to spread the cost over time, particularly suitable for essential equipment with long useful life.

Finance Lease

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.

Loan Amount$5,000 - $2,000,000
Term12 - 84 months
Interest RateFrom 6.59%
Time to Fund24 - 48 hours
EligibilityABN registered, GST registered (if applicable), Australian Citizen or PR
Pros
  • Lower upfront costs and deposits
  • Preserves working capital and credit lines
  • Tax deductible lease payments
  • Option to purchase at lease end
Cons
  • No ownership until lease completion
  • Total cost may be higher than outright purchase
  • Early termination penalties may apply
Best For

Growing businesses that need equipment access without large capital outlay, or companies wanting to preserve cash flow for operations.

What can I use asset finance for?

Asset finance is versatile and can be used for many business needs:

Vehicles

Fund cars, vans, trucks and specialised vehicles for business operations.

Machinery & Equipment

Purchase essential tools and equipment for construction, agriculture or manufacturing.

Technology & IT

Finance computers, servers, software, and communication systems.

Office Furniture

Acquire desks, chairs, shelving, fixtures and fittings for your workplace.

Construction Equipment

Fund excavators, cranes, loaders, bulldozers and other heavy machinery.

Commercial Property

Acquire or develop warehouses, retail spaces, or office buildings.

Manufacturing Equipment

Finance specialised production lines, tools or CNC machinery.

Medical Equipment

Fund diagnostic devices, surgical tools and patient care systems.

Hospitality Equipment

Acquire commercial kitchens, refrigeration and fit-out equipment.

Renewable Energy

Invest in solar panels, wind turbines and sustainable energy solutions.

Case Study

Asset Finance Case Study

David Harris, Northern Freight Solutions

Growing a Transport Fleet with Asset Finance


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.

How much can I borrow with asset finance?

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.

Asset Finance Repayment Calculator

Estimate repayments and total cost. Adjust the loan amount, term and rate to plan your budget before you apply.

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Total amount to repay
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Balance over time

Am I eligible for asset finance?

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)

How to apply for asset finance

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)

How to save money on asset finance

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.

Understanding asset finance options

Asset finance products can differ significantly in structure. Here are key features to understand before choosing:

Security: Asset-backed

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.

Personal Guarantee

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.

Term & Balloon

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.

Interest Structure

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 & Charges

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.

Repayment Frequency

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.

Testimonials

VerifiedVerified 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.

Review posted on 2025-08-13

VerifiedVerified 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.

Review posted on 2025-10-15

VerifiedVerified 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.

Review posted on 2025-06-25

VerifiedVerified Review

Jackson was very helpful in getting me a loan for my daughters car. Very happy with the service he provided.

Rick D.

Review posted on 2025-06-25

VerifiedVerified 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.

Review posted on 2025-10-14

VerifiedVerified 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.

Review posted on 2025-10-15

Frequently Asked Questions

Asset Finance FAQs

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.

What assets can I finance?
Do I need collateral?
How quickly can I get funding?
Are rates fixed or variable?
Can I finance used assets?