Competitive equipment finance, structured to keep cash in your business.
We compare a panel of commercial lenders to get you a sharp rate — then structure the deal around your cash flow, with the right balloon and term, so your repayments work as hard as you do.
✦ Model Mortgages Pty Ltd · Australian Credit Licence 387460
A good rate is the start. The right structure is what saves you.
We arrange commercial equipment and asset finance for Australian businesses — trucks, excavators, utes, machinery, vehicles and almost anything an ABN needs to earn. We're brokers: we know lender policy, we match your situation to the funder most likely to say yes, and we explain the deal in plain English before you sign anything.
A sharp rate is the start. The right structure is what saves you.
Of course you want the lowest rate — so do we, and we compare a panel of commercial lenders to get you a competitive one. But two deals at the same rate can cost you very differently depending on how they're structured: the size of the balloon, the term, and which lender you use. Get both right and you keep more cash in your business. Use the calculator to work backwards from a repayment that suits you, then we'll line up the rate and the structure to match.
The single biggest mistake: no balloon
A balloon (residual) is the lump sum left at the end of the term. Put one on, and your monthly repayments drop and more cash stays in the business — which is the whole point of financing instead of paying cash. Around 30% is a sensible balloon on most assets; new vehicles can go to 40%. The trade-off is a payment due at the end, which you refinance or pay out when the term lands. Most owners under-use the balloon because no one explained it to them.
If your ABN is 2+ years old and you own property, you may not need financials at all
A large share of business owners qualify for low-doc (sometimes called 'load-up') finance: an established ABN, registered for GST, with a director who owns property can often access finance without supplying tax returns, BAS or bank statements — frequently into six figures. It's faster and far less paperwork. It isn't a loophole; it's how a lot of commercial asset finance is written. We'll tell you honestly whether low-doc or a full-doc submission gets you the better outcome.
Already own equipment outright? You can pull cash back out of it
If your business owns an asset — an excavator, a truck, a vehicle — you can often raise capital against it: typically up to around 90% of its current market value, even years after you bought it. There's also sale-and-buyback within six months of purchase. It's a clean way to free up working capital from gear that's just sitting on the balance sheet. These are usually low-doc by nature.
Getting an EV or a new vehicle? Get pre-qualified first — then go shopping
Sort the finance before you walk into a dealership. A pre-approval typically holds for around 90 days, so you can negotiate on price as a cash-equivalent buyer, arrange a trade-in, and avoid being pushed onto dealer finance. Once you've found the vehicle, settlement is often same-day. With fuel costs where they are, EVs and hybrids are one of the fastest-growing categories we're financing right now.
New, used, private sale or auction — we can usually finance it
New assets from a dealer are the most straightforward, but we regularly finance used and auction equipment too, including older machines. Private sales need a quick inspection of the asset; dealer and auction purchases are simpler. If you're buying at auction, get pre-approved before you bid so you can move on the day.
Work it out backwards.
Start with a repayment that keeps cash in your business and see what it finances — then we'll line up a competitive rate to match. Try the “What can I finance?” mode.
Work it out backwards.
Start with a repayment that keeps cash in your business and see what it finances — then we’ll line up a competitive rate to match.
A balloon lowers your monthly repayment and keeps cash in the business. ~30% is common; new vehicles can go to 40%.
Real rates today typically sit in the 6–9% range depending on the asset, its age, your ABN and security. A guide, not a quote.
Estimate only, excluding fees and charges. Not a quote, offer, or credit assistance. Actual repayments depend on the lender’s assessment.
New, used, private sale or auction — almost anything an ABN earns with.
Four steps — and we handle the lender side.
Tell us what you need
Your business, your ABN, and the asset — or just a repayment you're comfortable with.
We match the lender
We compare a panel of commercial lenders and explain the rate, structure and balloon in plain English.
Get pre-approved
Your approval typically holds ~90 days. Go shopping and negotiate as a cash-equivalent buyer.
We settle it
We finalise the paperwork and the lender pays the supplier — often same-day on a straightforward deal.
You deal directly with a specialist who knows equipment finance — not a call centre.
Virginia Graham Riches
Former ANZ interest-rate dealer and a broker since 2004. Virginia leads our equipment and asset finance and is known for getting the structure — and the lender — right.
Phil Riches
Two decades structuring finance for business owners. Phil works alongside Virginia on equipment and asset finance, including the complex deals other brokers pass on.
Equipment and asset finance is arranged by Equipment Financing Australia, a brand of Model Mortgages Pty Ltd (ACL 387460).
Equipment finance, explained.
We compare a panel of commercial lenders to get you a competitive rate. As a guide, realistic commercial rates currently sit in roughly the 6-9% range, depending on the asset type, its age, your ABN history and the security available — the sub-3% rates some people remember aren't around in this market. One tip: watch for a quoted base rate that has brokerage loaded on top, and always ask for the rate you'll actually pay. Alongside the rate, the structure (balloon and term) is what determines your real monthly cost.
Ready to see what you can finance?
Talk to a specialist about your next asset — the rate, the structure, and the smartest way to keep cash in your business.