Backhoe loader finance for civil, plumbing and hire work
Backhoe loaders and attachments — financed on a chattel mortgage built around small-job cash flow.
A backhoe loader is often the most versatile machine on a small-to-medium job, digging, loading and trenching without needing a second machine on site. Financing it instead of renting builds equity in an asset that's earning across drainage, civil and general excavation work. New or used — we can usually fund it.
Who it's for
Civil contractors, plumbing and drainage contractors, hire companies and small earthmoving operators.
Wrap buckets, augers and hammers into the one facility
Trenching buckets, augers, hydraulic hammers and quick-hitches can usually be included in the same chattel mortgage as the backhoe, so the attachments that make it useful across different jobs aren't a separate cost.
Get pre-approved before the machine comes up
Reliable backhoes in good condition move quickly, particularly at auction or through a dealer's used yard. A pre-approval means you can act on the day and negotiate as a cash-equivalent buyer rather than waiting on a bank.
A balloon keeps repayments manageable between small jobs
Drainage, plumbing and small civil work is often billed job to job rather than on a long progress-claim cycle, so cash flow can be lumpy. A balloon (residual) — commonly around 30% — lowers the monthly repayment and keeps reserves free to carry you between jobs. At term's end you refinance, pay it out, or upgrade.
Established ABN and property often means no financials
If your ABN has been active for 2+ years, you're GST registered and a director owns property, backhoe finance can frequently be arranged with no tax returns, BAS or bank statements. We'll tell you honestly whether low-doc or a full submission suits your situation better.
Buying second-hand or private sale? We check the title
Used backhoes from a dealer are the simplest purchase. A private sale usually means a PPSR title check and a quick inspection of hours and condition before you hand over funds, which we can arrange as part of the finance process.
Own the backhoe, claim the GST and depreciation
On a chattel mortgage your business owns the machine from day one, so you can generally claim the GST input tax credit on the purchase and depreciate it over its working life. Confirm the detail with your accountant before settling on a structure.
Talk to a specialist
Get the right rate and the right structure for your next asset. No pressure to proceed, no credit-file hit to ask.
- Panel of commercial lenders
- Low-doc options for established ABNs
- Pre-approval before you buy
Work it out backwards.
Start with a repayment that keeps cash in your business and see what it finances — then we’ll line up the right rate to match.
A balloon lowers your monthly repayment and keeps cash in the business. ~30% is common; new vehicles can go to 40%.
Your rate depends 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.
Common questions
Yes — used and higher-hour machines are part of what we do. Dealer purchases are most straightforward; private sales need a PPSR title check and a quick inspection, which we handle.
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Ready to move on your next asset?
Get pre-approved and negotiate as a cash-equivalent buyer — we'll handle the rate, the structure and the paperwork.