The gear is yours straight away, and the loan is secured against it.
Good if you want to own it01 · Where you are
More work needs
more gear.
Sound familiar?
You won a big jobThe work is there, but you need more trucks or machines to do it.
Your gear is wearing outOld equipment keeps breaking down and slowing everyone up.
You don’t want to empty the bankPaying cash for gear would leave you short for wages and bills.
You want to grow the fleetMore vehicles means more jobs, more drivers and more money coming in.
02 · When is the right time?
A loan isn’t always the answer.
Here’s when it makes sense.
✓ Good times to do it
The gear will earn its keepWhy: If a new truck or machine brings in more money than the loan costs, it helps pay for itself.
You need to keep cash in the bankWhy: Paying over time keeps money free for wages, fuel and surprises.
Your old gear is costing youWhy: Breakdowns and repairs cost money and time. New gear can be cheaper to run.
You have work lined upWhy: A new contract or steady jobs make it easier to make the repayments.
✕ Maybe wait if…
You’re not sure you’ll use it muchWhy: If the gear would mostly sit in the yard, it may not be worth borrowing for.
Work is slow right nowWhy: It can be better to wait until you have enough jobs to cover the payments.
It’s cheap enough to pay cashWhy: For small items, paying cash can be simpler than a loan.
Not sure which one you are? We’ll look at it with you, for free.
03 · How it works
Three steps to
the keys.
- 1Tell us what you need
What gear, roughly what it costs, and whether it’s new or used.
Fleet2 trucks - 2We find a lender
We compare lenders who like your kind of gear and your kind of business.
Fleet2 trucks - 3You get the keys
The lender pays for the gear. You pay it off in regular amounts.
Fleet5 trucks ✓DELIVERED
04 · Your options
Pick the way
that fits you.
You use the gear and pay for it over time, with choices at the end.
Good if you upgrade oftenPay a lump sum at the end to keep regular payments low.
Good if cash is tightWhat lenders will ask about
Your ABN and how long you’ve traded✓
What you’re buying and the price✓
A quote or invoice for the gear✓
Recent BAS or bank statements✓
Whether it’s new or used✓
Every lender is a bit different. We’ll tell you exactly what yours needs.
Good to know
The gear usually backs the loan, which can make it cheaper than other loans.
Used gear and private sales can often be funded too.
A lump sum at the end lowers payments, but you’ll need to pay it when the loan ends.
Ask your accountant how the loan type affects your tax.
05 · Let’s do it
Tell us your plan.
New job No credit check
Business finance only. ABN required.
…let’s roll.
Questions people ask.
Can I buy used gear?
Often, yes. Many lenders fund used equipment and private sales. The age of the gear can change the deal.
Do I need a deposit?
Not always. Some lenders fund the full price for established businesses.
What’s the difference between buying and leasing?
Buying means it’s yours from the start. Leasing means you pay to use it. We’ll help you pick.
How fast can I get the gear?
Simple gear loans can move quickly once your paperwork is in. We’ll tell you what to expect.
Can I buy a car for personal use?
No. We only help with gear and vehicles used mainly for your business.