Auction Financefor Australian Businesses
Specialist auction finance for ABN holders buying trucks, farm equipment, construction machinery, vehicles and more at Pickles, Manheim, GraysOnline, Lloyds and other major Australian auction houses. Get pre-approved before bid day, so you know your limit and can bid with confidence.
- Pre-approval inside 24 hours
- $0 deposit for prime applications
- Wide specialist lender panel
- Every major Australian auction house covered
30-second check. No impact on your credit score.
Choose Your Industry
Choose the category that best describes your finance requirement.
No obligation. Soft credit check only.
Built for Auction Buyers, Backed by Specialists
Whether you're bidding on a truck at Manheim, machinery at Pickles or a vehicle fleet at GraysOnline, Equifund matches you to lenders that read the deal and your business income correctly.
Who We Help
Specialist finance for every category of Australian auction buyer.
Truck & Trailer Auctions
Farm & Machinery Auctions
Construction & Earthmoving Auctions
Cars, Utes & Fleet Auctions
Government & Liquidation AuctionsWhy Choose Us
Faster pre-approvals and terms built around buying at auction.
Pre-Approval Before You Bid
We Move Quickly So You Do Not Miss the Auction
Buyer's Premium Factored Into Your Facility
Support for New ABNs and Non-Standard Profiles
Which Auction Houses & Categories Do We Cover?
Every major Australian auction house and category, financed through specialist lenders for prime ABN profiles.
Truck & Trailer Auctions
Prime movers, rigid trucks, semi-trailers and full fleets sold through Pickles, Manheim, GraysOnline and Lloyds. Pre-approval before bid day means you know your ceiling before you register.
Farm & Machinery Auctions
Tractors, harvesters, seeders and implements sold through clearing sales and online auction platforms. Lenders who read BAS and grower contracts directly, not just a bank statement.
Construction & Earthmoving Auctions
Excavators, loaders, skid steers and site machinery sold through major yard and online auction houses. Fast pre-approval so ex-fleet and government stock doesn't slip past you.
Cars, Utes & Fleet Auctions
Utes, sedans and ex-fleet vehicles sold individually or as multi-vehicle lots. One facility can cover a single ute or an entire fleet purchased in the same sale.
Government & Liquidation Auctions
Ex-government fleets, liquidation and insolvency stock sold at short notice through specialist auction houses. Fast turnaround finance built for tight bidding windows.
Vans & Light Commercial Auctions
Panel vans, light trucks and commercial fleet vehicles sold individually or in multi-vehicle lots through major auction houses. One facility covers a single van or a full fleet purchased in the same sale.
Plus Pickles Auctions, Manheim, GraysOnline, Lloyds Auctions and every regional Australian auction house. If your auction house isn't listed, we still finance it.
Which Auction Finance Structure Is Right for You?
Five ways to structure your auction finance, each suited to a different goal and cashflow position.
Chattel Mortgage
You own the equipment from the day finance settles on auction day, while your lender holds a mortgage over it as security until the loan is repaid. It's the most requested structure for GST-registered auction buyers, since you can typically claim the GST back on the purchase price straight away and depreciation runs through your own business. A balloon payment can be added to lower your regular repayments if that suits your cash flow better.
Hire Purchase
The lender owns the equipment for the life of the agreement and you make fixed repayments to use it, with ownership transferring to you once the final payment clears. It suits auction buyers who want the certainty of a fixed repayment structure after a big-ticket purchase, and the GST is spread across your payments rather than claimed as one lump sum upfront.
Finance Lease
Your lender retains legal title to the equipment for the term of the lease while you use it in your operation, making regular lease payments that are typically fully tax deductible. At the end of the term you can make an offer to buy the asset, refinance the residual, or hand it back, which suits buyers who bid at auction regularly and want to keep their balance sheet light between sales.
Operating Lease
You pay to use the equipment for an agreed term, and your lender carries the risk of its residual value, not you. It suits businesses that use auctions to keep their fleet current, since bundled servicing is often included and you simply hand the asset back and roll into newer stock from the next sale when the term ends.
Unsecured Business Loan
Funds are assessed against your business's trading position rather than security over the equipment itself, so you can move quickly on auction day or on older equipment a traditional lender might decline. It typically comes with a shorter term and can settle the same day, once your trading history has been assessed.
Depreciation and car cost thresholds set by the ATO. Credit licensing regulated by ASIC.
Clear Terms. No Unnecessary Complexity. Fast Outcomes.
A straightforward path designed to move you from application to pre-approval before auction day.
Complete the Form in 60 Seconds
Tell us about your business and what you're planning to bid on through our secure online form.
Speak With an Auction Finance Specialist
An Australia-based auction finance specialist reviews your situation and walks you through the documents needed for the lender match.
Get Pre-Approved Over the Phone
You'll have a clear pre-approval often within 1 business day, so you know your limit before you register to bid.
Bid, Settle and Take Delivery
Bid with confidence up to your pre-approved limit. Your specialist coordinates settlement inside the auction house's payment terms.
Real Results for Real Auction Buyers
See how Australian businesses are getting pre-approved and settling auction purchases, even with complex profiles.
What Other Equipment Can I Finance?
Equifund finances every major commercial asset class for prime ABN profiles, backed by a wide lender panel.
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Apply for Your Auction Finance
Three quick steps. An Australia-based auction finance specialist gets back to you the same business day.
Business Details
Contact Information
Asset InformationWhat Our Clients Have to Say
Rated 5.0 on Google by Australian businesses for fast pre-approvals, flexible terms and specialist service. 5.0 ★ · Real Google reviews
Have Questions?
Straight answers to the questions Australian auction buyers ask most.
What can I finance at auction?
We finance vehicles, trucks, trailers, farm equipment and construction machinery bought through Pickles, Manheim, GraysOnline, Lloyds and other major Australian auction houses, whether the sale is a live yard auction or an online timed auction. New, used, ex-government, ex-fleet or liquidation stock, ABN holders can apply.
Why do I need pre-approval before auction day?
There's no cooling-off period at auction, once the hammer falls or you win an online lot, you're committed to the purchase. Pre-approval before bid day means you know your limit and can bid with confidence, instead of finding out after you've already won the lot whether the finance will actually come through.
What is buyer's premium and does it affect my finance?
Buyer's premium is a fee the auction house adds on top of the hammer price, it is not a fee Equifund charges. It's typically a percentage of the winning bid. Let your specialist know the auction house's buyer's premium rate upfront so it can be factored into the total amount you're pre-approved for, rather than discovering a shortfall on settlement day.
Do I need a deposit?
$0 deposit is available for prime applications. Auction houses generally require their own deposit or full payment on the fall of the hammer under their own terms, separate to any deposit on your finance facility, so check the auction house's payment terms alongside your finance pre-approval.
How fast can I get pre-approved before an auction date?
Pre-approval typically comes back inside a business day, and often the same day for straightforward applications. Apply as early as you can once you've identified an auction you're planning to bid at, so your pre-approval is already in place well before the sale.
Can I finance multiple lots in one application?
Yes. If you're planning to bid on more than one lot, whether that's several vehicles in the same sale or a truck and a trailer as separate lots, you can apply for a single facility that covers everything, rather than lodging a separate application for each item you win.
Should I inspect or get a condition report before bidding?
Yes. Equipment and vehicles sold at auction are typically sold as-is, so a condition report or in-person inspection before bid day is strongly recommended. Equifund arranges the finance; we don't inspect or warrant the condition of any asset, so satisfy yourself on condition before you commit to bidding.
Which finance structure suits an auction purchase?
Most auction buyers use a chattel mortgage, since you own the asset from settlement and, if you're GST-registered, can typically claim the GST back upfront. Buyers wanting a fixed lower repayment sometimes prefer a finance lease instead. A specialist reviews your situation before recommending a structure.
How does GST and BAS work for auction purchases?
GST treatment depends on the finance structure you choose and your own registration status; a chattel mortgage generally allows GST-registered buyers to claim the GST back on the purchase price upfront. BAS-assessed applications are common for established ABN holders. Confirm the specifics with your accountant, as tax treatment depends on your individual circumstances.
Do I need an ABN to apply?
Yes, auction finance through Equifund is a commercial facility for ABN holders. The specialist lender panel assesses your trading history, BAS and the asset itself rather than requiring years of financials.
Can I get finance for a new ABN?
Newer ABNs can still apply. Lower-doc and prime pathways generally suit more established trading histories, and the panel includes options for newer businesses, though $0 deposit and the strongest terms are typically reserved for established profiles.
Can I finance ex-government or liquidation stock?
Yes. Ex-government fleets and liquidation or insolvency stock are financeable through the specialist lender panel, provided the asset and your application meet the lender's criteria.
Can I refinance an existing auction purchase?
Yes. Refinance is common when an existing deal was settled at high rates, has an unfavourable structure, or you're consolidating multiple assets bought at different auctions into one facility.
What happens after I win a lot at auction?
Let your specialist know the winning bid amount and any buyer's premium as soon as the hammer falls. Your specialist finalises the facility and coordinates settlement inside the auction house's own payment terms, which are often tighter than a dealer purchase, so keep them updated in real time on auction day.
Guides for Auction Finance Buyers
Auction finance available nationwide, from major capital cities to regional Australia, wherever the auction house is.
Buyer's Premium Explained: What It Adds to Your Finance Amount
A plain-English breakdown of how auction house buyer's premium works and how to factor it into your pre-approval.
Pre-Approval Before Auction Day: Why It Matters
Why pre-approval before you register to bid protects you from overcommitting once the hammer falls.
Inspecting Equipment Before You Bid
What to check on a condition report before bidding on equipment or vehicles sold as-is.
GST and BAS Treatment for Auction Purchases
How instant asset write-off, depreciation and GST timing interact with a chattel mortgage or lease on an auction purchase.