Finfident: Simplifying Home Loans with Confidence
Asset & equipment finance

Asset finance

Car, equipment and asset finance

Finance for vehicles, machinery, trucks, caravans, boats and motorcycles, for businesses and individuals. We compare chattel mortgages, leases and consumer loans so the structure suits how you’ll use the asset.

Is this you?

  • Business vehicles, trucks and machinery
  • Tradie tools and equipment
  • Cars, caravans, boats and motorcycles
  • Refinancing equipment you already own
Key facts

What you should know

Chattel mortgageA common business option where you own the asset from day one
BalloonAn optional balloon lowers repayments but leaves a lump sum at the end
Age limitsLenders set limits on the age of used vehicles and equipment
TaxBusiness asset finance can have tax implications; check with your accountant
Repayments

Repayments

Work out repayments for any loan amount, rate and term.

Calculate now

General information current as at October 2026. Lender policies change; we confirm them for your situation.

How it works

Our process

Choose the structure

Chattel mortgage, lease or consumer loan, depending on use and ABN.

Compare lenders

We compare rates, fees, balloon options and approval speed.

Pre-approval

Shop with confidence, knowing your budget.

Settle with the seller

We coordinate payment with the dealer or private seller.

Questions

Frequently asked

Can I finance a used car from a private seller?

Yes. Many lenders fund private sales, with checks on the vehicle’s history and ownership.

Should I take a balloon payment?

It lowers repayments but leaves a lump sum to pay or refinance at the end. We’ll show you both options.

Do I need an ABN?

Only for business finance like a chattel mortgage. Consumer car loans are available without one.

Ready to see your options?

Two minutes online, then a real broker calls you. No credit check, no obligation.

Free Loan Compass