Crane finance for hire fleets and construction contractors
Mobile, all-terrain and tower cranes — financed on a chattel mortgage built around your hire billing cycle.
A crane earns from the day it's on site, whether it's out on day-rate hire or dedicated to your own construction program. Financing the machine keeps your cash for crews and consumables, and a balloon can keep the monthly repayment aligned to what the crane actually bills. New or used, mobile, all-terrain or tower — we can usually structure it.
Who it's for
Crane hire operators, construction and civil contractors, and riggers running their own fleet.
Wrap counterweights and rigging gear into the one facility
Counterweight sets, jib extensions, spreader bars and rigging gear can usually be included in the same chattel mortgage as the crane, so the gear that makes it job-ready isn't a separate out-of-pocket cost — one asset, one repayment.
Get pre-approved before the crane comes up for sale
Well-maintained cranes don't sit on the market long, and good units at auction move fast. A pre-approval tells you your limit up front, so you can negotiate as a cash-equivalent buyer instead of waiting on a bank once you've found the machine.
Structure repayments around your hire billing cycle
Crane hire is typically billed weekly or monthly in arrears, so the cash lands after crew and fuel costs go out. A balloon (residual) — commonly around 30% — lowers the monthly repayment and keeps the facility aligned to what the crane is actually earning. At the end of term you refinance the balloon, 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, crane 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 gets the sharper outcome.
Own the crane, claim the GST and depreciation
On a chattel mortgage your business owns the crane from day one, so you can generally claim the GST input tax credit on the purchase and depreciate the machine over its working life. For an asset that's usually your biggest earner, that's typically a useful deduction. Confirm the detail with your accountant before you settle on a structure.
Already own a crane? Release the equity
If you own a crane outright, you can often borrow against it — typically up to around 90% of its current market value — to free up capital for the next machine or to smooth a slow quarter. These deals are usually low-doc and can be arranged without disrupting current hire commitments.
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 cranes, including imports, are part of what we do. Dealer and auction purchases are the most straightforward path; private sales need a title (PPSR) check and a quick condition review, which we handle. Hours, service history and origin all shape which lender fits.
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.