ASSET FINANCE

Fund the asset with finance that fits how it will be used

Compare finance structures, repayment terms and ownership outcomes for vehicles, equipment or machinery before committing to an agreement.

Talk through your asset finance

BEFORE YOU FINANCE THE ASSET

Choose the structure as carefully as the asset itself

Asset finance can spread the cost of a vehicle, equipment or machinery. The structure chosen affects repayments, ownership and what happens at the end of the agreement.

Match the finance to the asset

The type, age, value and intended use of the asset can affect which lenders and finance structures are available.

Understand the ownership outcome

A chattel mortgage, lease, hire-purchase arrangement or consumer vehicle loan can treat ownership and the end of the term differently.

Compare the full cost

The regular repayment is only one number. Interest, fees, deposit, residual or balloon amounts and early payout conditions can all change the overall cost.

FINANCE THAT FITS THE PURCHASE

Set the term and repayment around the useful life of the asset

Asset finance is commonly secured against the vehicle, equipment or machinery being funded, although the exact structure depends on the product and lender.

The loan term, deposit and any residual or balloon amount affect both regular repayments and the amount still owing later.

For business assets, taxation and accounting treatment should be confirmed with an appropriately qualified adviser before choosing a structure on that basis.

Finance around the asset

Match the Repayment Structure to How the Asset Will Be Used

The right structure depends on the asset, its intended use and your financial position. We compare the term, deposit, repayments and any amount left owing at the end so the full commitment is clear before you proceed.

Business equipment and machinery finance planning

Finance structure

Different products can create different ownership and end-of-term outcomes. The structure should suit the asset, its use and the borrower's circumstances.

Deposit and residual

A deposit or residual amount can change the regular repayment. Check what is payable upfront, throughout the term and at the end.

Fees and early payout

Establishment, account, termination and end-of-term fees may apply. These should be considered alongside the rate when comparing the total cost.

Professional guidance, clearly accountable

Raise Wealth Pty Ltd trading as The Digital Brokerage is a Credit Representative (553369) operating under Australian Credit Licence 389328.

FREQUENTLY ASKED

Common questions about this loan type

Clear answers to the questions clients often ask before applying.

What assets can usually be financed?

Common examples include cars, commercial vehicles, machinery, tools, technology and other equipment used for business or personal purposes, subject to lender criteria.

What is a balloon or residual payment?

It is an amount left to be paid at the end of the finance term. It can reduce regular repayments but increases the amount still owing at the end.

Which asset-finance structure is best?

That depends on the asset, how it will be used, ownership preferences, cash flow and the available lender products. Tax treatment should be checked with a qualified adviser.

Do I need a deposit for asset finance?

Not always. Deposit requirements depend on the lender, the asset and the applicant's position. A deposit can also change the repayment amount and total finance required.

Can I pay asset finance out early?

Early payout may be possible, but fees or other conditions can apply. These should be checked alongside the rate and repayment term before choosing the facility.

We can help you choose

We can help you find a loan that fits your plans

Tell us what you’re planning. We can explain your options, compare relevant lenders and help you work out your next step.

Talk with us about your loan

Our process

How to get a home loan online

Start with discovering your borrowing capacity by using our free calculator, then we can help you compare suitable lenders, organise the application online and manage the steps through approval and settlement.

Check your borrowing power

Estimate what you may be able to borrow and talk through your income, expenses, deposit and lending goals with a mortgage broker.

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Compare and apply online

We compare suitable loan options, then help you provide the information and documents needed to submit your application online.

Application underway

Approval to settlement

We coordinate lender questions, requirements and key milestones, helping keep the application moving from approval through to settlement.

On to settlement ✓

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Loan features

Understand the Features That Shape Your Home Loan

Offset accounts, redraw, repayment options and rate structures can change how your loan works. Explore the key features and understand what they mean for you.

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