Boom lift finance for access hire, arborists and telco crews
Knuckle and telescopic boom lifts, financed on a chattel mortgage built around how the unit earns.
A boom lift is the difference between a crew working safely at height and a job that waits on scaffolding. Financing the unit keeps your cash for wages and the next contract, whether you're an access-hire business adding to the fleet or an arborist or telco contractor buying your first boom. New or used — we can usually structure it around your cash flow.
Who it's for
Access-hire operators, arborists, telecommunications contractors and construction and facilities crews.
Telescopic or knuckle — financed the same way
Whether you need the straight-line reach of a telescopic boom or the up-and-over capability of a knuckle boom, the finance structure works the same. We match the term and repayment to the unit's expected working life and how it earns for your business.
A balloon matches the repayment to the work
If the boom is earning hire income or billed as part of a job, a balloon (residual) — commonly around 20-30% — keeps the monthly repayment down and closer to what the unit brings in. At the end of the term you refinance the balloon, pay it out, or upgrade.
Own a boom lift outright? Raise capital against it
If you already own a boom lift free and clear, you can often borrow against it — typically up to around 90% of its current market value — to free up working capital for the next unit or a slow month. These deals are usually low-doc, and there's also sale-and-buyback within six months of a purchase.
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, boom lift finance can frequently be arranged with no tax returns, BAS or bank statements — often well into six figures. We'll tell you honestly whether low-doc or a full submission gets the sharper outcome.
Buying secondhand or through a private sale
Used booms move through dealers, auctions and private sellers. A private sale usually needs a title (PPSR) check and a quick inspection before funds are released, which we handle as part of settlement. The unit's hours and service history shape which lender fits.
Own the boom, claim the GST and depreciation
On a chattel mortgage your business owns the boom lift from day one, so you can generally claim the GST input tax credit on the purchase and depreciate the unit over its working life. Confirm the detail with your accountant so the structure works for your tax position.
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 — the finance structure is the same for either type. We match the term and repayment profile to the machine and how your business uses it.
Explore more finance
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.