From a single ute to a fleet of trucks, from a coffee machine to a manufacturing line — asset finance helps you acquire what your business needs without tying up your working capital.
Common asset finance structures
Chattel mortgage
You own the asset from day one, and the lender takes a mortgage over it as security. You make regular repayments and the mortgage is removed when the loan is paid off. This structure can offer tax benefits (like claiming depreciation and the GST back upfront) — but talk to your accountant about your specific situation.
Finance lease
The lender buys the asset and leases it to you. You get full use of the asset for an agreed term, with fixed monthly payments. At the end of the lease, you may have the option to buy the asset, return it, or upgrade. The lender claims the GST, and you typically claim the lease payments as a tax deduction.
Operating lease
Similar to a finance lease, but the asset stays on the lender’s balance sheet — not yours. You simply pay for the use of the asset over an agreed term, then return it. This can be useful if you need equipment for a fixed period and don’t want to own it long-term.
What can be financed?
- Vehicles — utes, vans, trucks, buses
- Plant and equipment — excavators, forklifts, manufacturing machinery
- Technology — computers, servers, specialised equipment
- Medical and dental equipment
- Office fit-outs and furniture
How we help
We compare asset finance options across 90+ lenders, explain the different structures in plain English, and help you choose the one that fits your cash flow and tax position. We always recommend talking to your accountant about the tax treatment of each option.
Book a free chat with James to discuss your asset finance needs.
General information only. Talk to James for advice tailored to your situation.