Asset Finance
Looking to fund a vehicle, equipment or machinery? We connect you with asset finance options from lenders across Australia.
Rated 5 from 76 Reviews
Looking to fund a vehicle, equipment or machinery? We connect you with asset finance options from lenders across Australia.
Rated 5 from 76 Reviews
Having the right tools and equipment is essential for any business to operate at its full potential. At fundfin., we understand that acquiring these assets represents a significant financial commitment. Our asset finance solutions give you access to a wide panel of banks and lenders across Australia, so you can move forward with confidence rather than compromise.
Whether you need to purchase new equipment, upgrade existing assets, or invest in specialised machinery, we tailor our approach to your specific business circumstances. From work vehicles and office equipment to heavy commercial assets like trucks, trailers, excavators, tractors, graders, cranes and dozers, we guide you through every stage of the process.
One of the most widely used structures is a chattel mortgage, where the asset itself serves as security. This allows you to manage cashflow through fixed monthly repayments while retaining full use of the asset from day one. It is a practical solution for businesses that want cost certainty without tying up working capital.
For businesses that prefer flexibility over immediate ownership, hire purchase is a compelling alternative. You use the equipment over an agreed term, spreading the cost across the life of the arrangement. This is particularly useful when you need access to the latest technology or machinery without the burden of a large upfront outlay. Our hire purchase agreements are structured around your operational needs and business objectives.
We also work with businesses that need to finance entire fleets or undertake broader equipment upgrades. Our commercial loans and equipment finance expertise means we can identify the most appropriate structure whether you are a sole trader, SME or larger enterprise. Loan amounts and terms are tailored to your situation, not applied from a one-size-fits-all template.
If your business is also carrying other financial commitments, it may be worth exploring how business loans or refinancing could work alongside your asset finance strategy to strengthen your overall position.
From initial consultation through to approval, our experienced team works alongside you to identify the right lenders, structure the application effectively, and keep the process moving. We handle the complexity so you can stay focused on running your business.
Speak with the team at fundfin. today to explore how asset finance can support your next acquisition and your long-term growth.
1. Initial Consultation
Your asset finance journey starts with a conversation. We take the time to understand what you need to acquire, your business structure, and your current financial position. Whether you are purchasing a single vehicle or financing a fleet of machinery, this consultation shapes the strategy we build for you.
2. Financial Assessment
We conduct a thorough review of your financials, including income, expenses, existing liabilities, and cashflow. This assessment determines your borrowing capacity and helps us identify the most suitable lenders and loan structures for your situation.
3. Exploring Finance Options
With a clear picture of your needs, we compare asset finance products across our lender panel. We assess interest rates, fees, repayment terms, and loan features to identify the structure that aligns with your cashflow and business strategy - whether that is a chattel mortgage, hire purchase, or another arrangement.
4. Pre-Approval
Where applicable, we can seek pre-approval so you have a clear indication of your funding capacity before committing to a purchase. This puts you in a stronger position when negotiating with suppliers or vendors.
5. Submitting the Application
Once you are ready to proceed, we manage the formal application on your behalf. We prepare the documentation, liaise with the lender, and keep you informed throughout the process so there are no surprises.
6. Approval and Settlement
Once approved, we walk you through the loan agreement and ensure you understand all terms before signing. We coordinate settlement so the finance is in place when you need it, and you can take possession of your asset without delay.
7. Ongoing Support
Our relationship does not end at settlement. As your business grows and your asset needs evolve, we are here to review your finance arrangements and ensure they continue to serve your objectives.
MW
Maria Wolfenden
James took away all the stress and hassle of finding an easy to manage loan with a straight forward processs and clear directives. As it's turned out, I've learnt that online banks usually have the best deals ... and that's where I'm set up. Feeling settled in my new home and a loan that I can easily manage from my phone.
HH
Harry Hills
This is now our 7th loan we have gone through with FundFin inc vehicles, investment properties and developments - every time its the easiest part of the project working with FundFin - recommend to your friends and family the great team at FundFin
RG
Rebecca Gray
We had a fantastic experience working with James. From start to finish he was nothing but professional and an absolute pleasure to deal with. He kept us updated throughout the entire process, always making sure we knew exactly what was happening at each stage. No question was ever too much trouble. He took the time to answer everything clearly and helped guide us whenever we were unsure or didn’t fully understand something. His support and patience really made the whole process less stressful. We would highly recommend James to anyone looking for a reliable and knowledgeable broker. We truly appreciate all the help and cannot thank him enough for everything he has done for us. Craig & Bec
An offset account is a transactional account that sits against the loan. Any funds held in this account go to offsetting interest payable on the loan. For example, if your loan balance was $100,000 and you held $90,000 in your offset account, you would only be paying interest on $10,000. While the principal reduction repayments would remain the same, you would pay less interest over the life of the loan, thereby reducing the overall loan term saving you thousands or more! As with any everyday transactional account the funds are accessible at any time.
Generally if you are on a fixed rate loan you won't have access to an offset account however some lenders offer niche products that allow you to offset all or part of the fixed loan.
Redraw is where you make additional repayments above the minimum required as part of your loan contract. Some lenders allow you to draw on these additional repayments as required (sometimes for a fee) however this may impact on your loan balance and the interest payable.
Mortgage brokers operate independently of any financial institution. We're not locked into any relationships with specific lenders and want you to have the most competitive option based on your own unique set of circumstances. There is no 'one fit' solution for any client and we aren't limited to one lender's suite of products.
Best of all - there is no cost to you to use our service!
Yes you can. It comes down to the purpose and use of funds, as dictated by the appropriate lending guidelines.
For example, residential loan cannot be used for business purposes and vice-versa. We can assist in determining what loan is most suitable for your circumstances.
Not necessarily! Lenders Mortgage Insurance (LMI) is a premium charged by the lender's insurer for customers who need to borrow money above the maximum thresholds set by the insurer. Usually this is for loans above 80% loan to value ratio (LVR). However, some lenders offer LMI waivers for clients with certain professional qualifications up to 95% LVR, and other lenders may offer an alternate interest rate for customers with lower deposit without charging an LMI premium. There are also government backed first home buyer schemes which may allow for a deposit of 5%.
If you have any existing properties, you could also use the equity towards some or all of the deposit, including any associated costs such as stamp duty.
Some lenders also offer family pledge, or guarantor products where you can use the equity in a family member's home to borrow up to 100% of the purchase price plus costs.
Borrowing power is determinant on several factors. These can be a combination of, but are not limited to;
The lender
Your income (including rental income, pensions or super annuities, and government payments)
Your existing liabilities, such as credit cards, personal loans and HECS debts
Your monthly living expenses, fixed and discretionary
Lenders stress test the ability to afford loan repayments by running the loans against a floor rate, which is usually a couple of percentage points above the current market rate. This is to safeguard you in the event that if interest rates were to rise, you could still afford to make your repayments without experiencing significant hardship. Some lenders' floor rates are higher than others, meaning that you may be able to borrow more with Lender A than Lender B.
Existing debts, such as credit cards will also have an impact on how much you can borrow. While a $10,000 credit card might not seem like a lot in the scheme of things, it could be the difference of tens of thousands of additional borrowings on your home loan! This is where we can guide you to find the right options to suit your circumstances.
Absolutely - we can guide you through the entire process, from how much you can borrow, to first home buyers concession eligibility, putting you in touch with conveyancers and much, much more!
Absolutely, however it is important to note about what your goal actually is. For the sake of a few thousand dollars is it worth paying a few basis points more where any cash gain you have made will be eroded by the additional interest you're paying. If you have entered in to a longer loan contract, then you will likely end up paying more interest over the life of the loan, even if your initial rate is lower than what you were on.
Many lenders are offering rebates between $1000 and $4000 and some of these multiply per property refinance. We can discuss these options with you in your initial enquiry.
fundfin. ABN: 33 673 272 378, Fundfin Pty Ltd ABN: 33 673 272 378. Credit Representative #527192 is authorised under Australian Credit Licence #389328.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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