Equipment Finance for Tradies and Business Owners
Get the asset your business needs without draining your cash. Low doc options, new ABN accepted, 40+ lenders, approvals in 24 to 48 hours.
Our lender panel
The basics
What is equipment finance?
Equipment finance is a loan or lease product that lets you fund business assets without paying the full purchase price upfront. Instead of draining your cash reserves, you spread the cost across regular repayments — structured around your cashflow.
You get immediate use of the asset from day one. Depending on the structure, you may own it outright at the end of the term. The right structure depends on your GST registration, how you use the asset, and your tax position.
Chattel Mortgage
You own the asset immediately. Loan is secured against it. GST claimable on purchase price. Interest and depreciation deductible.
Finance Lease
Lender owns the asset during the term. You make repayments and use it. Ownership transfers at end of term. Full repayment deductible.
Hire Purchase
Similar to a chattel mortgage. You use the asset from day one, ownership transfers after a final balloon payment at end of term.
Operating Lease
Suited to assets you want to upgrade regularly. No ownership at end of term. Keep your fleet or equipment modern without residual risk.
Asset types
What can you finance?
If it is a business asset that generates income, there is likely a lender for it. New or used, from $10,000 to $2 million plus.
Transport
- Utes and vans
- Trucks and prime movers
- Pantech and tipper trucks
- Trailers and semi-trailers
- Fleet vehicles
Construction
- Excavators
- Bobcats and skid steers
- Bulldozers and rollers
- Compactors
- Yellow goods
Material Handling
- Forklifts
- Scissor lifts
- Boom lifts
- Pallet jacks
- Access equipment
Trade and Workshop
- Air compressors
- Welders and generators
- Spray booths
- Workshop equipment
- Power tools
Agricultural
- Tractors
- Harvesters
- Irrigation systems
- Farm machinery
- Attachments
Medical and Professional
- Dental chairs
- Medical beds
- Diagnostic equipment
- Lab machinery
- Specialist tools
No financials? No problem.
Low doc equipment finance for ABN holders
You do not need two years of tax returns to get approved. Many lenders on our panel offer low doc equipment finance specifically for ABN holders, sole traders, and newer businesses.
Low doc — what you need
- Active ABN
- 3 to 6 months bank statements
- Personal ID
- Asset invoice or quote
No doc — minimal paperwork
- Active ABN
- Personal ID
- Asset invoice or details
For asset-backed lending — vehicles, machinery, yellow goods — some lenders will approve based on your ABN and asset invoice alone, with no bank statements required.
If a bank has knocked you back because you lack two years of tax returns, you are not out of options. You just need the right lender — and that is what we do.
Established businesses
Commercial equipment finance for larger deals
Low doc works well for smaller purchases and newer businesses. But for established operators looking at commercial equipment finance above $500,000 — plant and equipment, large machinery, heavy vehicles, or significant fleet additions — full documentation unlocks sharper rates, higher loan amounts, and a broader lender pool.
If your business has been trading for two or more years with clean financials, full doc gives you access to the best structures in the market. Lenders price these deals more competitively because the risk profile is lower, and loan amounts can go well beyond what low doc products allow.
Commercial equipment loan
Two years of financials, tax returns, and business bank statements. Best rates, highest loan amounts, widest lender choice. Ideal for established businesses with clean books.
Master Limit
One approval, multiple assets throughout the year. Get a pre-approved credit limit and draw down against it each time you need a new vehicle or piece of equipment — just supply the invoice to settle. No re-applying every deal.
Plant finance
Structured specifically for large plant and equipment finance — excavators, cranes, processing equipment, and heavy machinery. Longer terms and balloon options available.
Machinery finance
For transport operators and construction businesses adding significant machinery or fleet. Structured repayments aligned to contract income and cashflow cycles.
Construction equipment finance
Tailored for civil contractors and builders financing large earthmoving equipment. Lenders familiar with contract-based income and progress payment structures.
What full doc lenders look for
Why use a broker
Why Thrift Capital instead of going direct?
Every declined application leaves a mark on your credit file. Apply to the wrong lenders in the wrong order and your approval chances drop fast. A broker protects you from that.
Right lender, first time
We know which lenders approve new ABNs, which require GST, and who moves fast. One application, the right lender.
Credit file protected
We assess your situation before touching your credit file. No scattergun applications. No unnecessary enquiries.
We negotiate for you
Volume across our lender panel means we can often secure better rates and terms than you would get applying directly.
We handle the paperwork
From application to settlement, we manage the process so you stay focused on running your business.
The process
How it works
Tell us what you need
The asset type, approximate value, and how long your ABN has been active. That is enough to get started.
We assess your situation
We look at your ABN history, credit profile, and the asset to identify the right lenders — before we touch your credit file.
We match you with the right lender
One application, the right lender, first time. No broad applications. No unnecessary credit enquiries.
Fast approval
Most clients are approved within 24 to 48 hours. Some same day. Speed depends on having a clear loan purpose and complete documents.
Settlement
We handle the paperwork and liaise with the vendor. You focus on the job.
Ready to get your equipment funded?
No obligation. No upfront fees. No impact on your credit file until you are ready to proceed.
What our clients say
Google reviews
Common questions