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WHO THIS IS FOR

Auction Finance Built for Confident Bidders

Buying at auction moves fast, and the best lots go to bidders who turn up with finance already sorted. Whether you’re after a truck at Pickles, a trailer at Manheim, earthmoving gear on GraysOnline, an ex-government fleet disposal or a one-off lot through a regional auctioneer, you need a clear budget before you bid and fast low-doc settlement once you win.

Your application goes to specialist asset lenders who assess your business income and the asset directly, with pre-approval locked in before auction day and settlement inside the auction’s payment terms.

  • Bid with confidence Get pre-approved before auction day, so you walk in with a clear limit and never scramble for finance once the hammer falls.
  • Never lose a lot to slow finance Your finance is locked in before you bid and settled inside the auction’s payment terms, so the asset is yours on time.
  • Win the deals banks walk away from Auction, ex-fleet, government surplus and private-sale lots financed where mainstream lenders hesitate. We settle direct and handle the paperwork.
  • Free up cash after you buy Refinance what you bought at auction to lower repayments, restructure balloons before they’re due, or consolidate multiple loans into one.

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Trucks
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Semi-Trailers & Trailers
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trucks
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Excavators & Loaders
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Cranes & Site Machinery
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Trailer Trucks
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Tractors & Harvesters
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Yellow Goods
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Skid Steers & Access Equipment
HOW THE PROCESS WORKS

How Auction Finance Works in Australia

Get pre-approved before auction day so you can bid with confidence.
No pressure. No hit to your credit score.

01
Group (3)

Apply Before Auction Day

Apply at least 48 hours before the auction. Tell us about your business and what you plan to bid on through our secure online form.

02
Group (4)

Get Your Pre-Approved Limit

An Australia-based auction finance specialist reviews your profile and sets a pre-approved amount and indicative rate, so you know your budget.

03
Frame (9)

Bid With Confidence

Go to auction knowing exactly what you can spend. We can pre-approve a range so you have flexibility across multiple lots on the day.

04
Group (5)

Win, Settle
and Collect

Once you win, we finalise the finance and settle inside the auction’s payment terms, typically 3 to 7 business days. No delays.

Get My Pre-Approval
60 second form. No impact on your credit score.
RECENT SETTLEMENTS

Real Results for Auction Buyers

Auction finance settled across 80+ Australian lenders, for buyers at Pickles, Manheim, GraysOnline, Lloyds and regional houses. ACL 389328.

"Found a tipper trailer at a Pickles disposal but didn’t own property or have a deposit. Equifund structured it on the business income and the asset, and I bid knowing it was sorted."

Barinder, Owner-Operator
Civil haulage

"Won a used excavator on GraysOnline and needed a simple low-doc approval before settlement closed. Pre-approved inside 24 hours, so I never risked losing the lot."

Neil, Director
Civil contractor

"Bought a truck through a private auction listing other lenders wouldn’t touch. Equifund tailored a low-doc facility and approved it fast, so the deal didn’t slip."

Bradley, Owner-Operator
Transport

"Bid across three lots at a Manheim fleet sale with a pre-approved range. Settled the two I won inside the auction’s payment terms."

Sam, Fleet Manager
Logistics

"Found a tipper trailer at a Pickles disposal but didn’t own property or have a deposit. Equifund structured it on the business income and the asset, and I bid knowing it was sorted."

Barinder, Owner-Operator
Civil haulage

"Won a used excavator on GraysOnline and needed a simple low-doc approval before settlement closed. Pre-approved inside 24 hours, so I never risked losing the lot."

Neil, Director
Civil contractor

"Bought a truck through a private auction listing other lenders wouldn’t touch. Equifund tailored a low-doc facility and approved it fast, so the deal didn’t slip."

Bradley, Owner-Operator
Transport

"Bid across three lots at a Manheim fleet sale with a pre-approved range. Settled the two I won inside the auction’s payment terms."

Sam, Fleet Manager
Logistics

"Ex-government surplus grader at a regional auctioneer. They read my project income, not just tax returns, and had me ready before auction day."

Priya, Director
Earthmoving

"Snapped up a prime mover at a Lloyds sale. $0 deposit on a prime application meant I kept working capital for tyres and rego."

Dion, Owner-Operator
Freight

"Needed certainty before bidding on a reefer trailer. Pre-approval came through in a day and settlement landed inside the auction terms."

Marcus, Director
Cold chain

"Picked up a skid steer and an attachment package at auction on one approval. One submission, no multi-lender credit hits."

Tania, Owner-Operator
Landscaping

"Ex-government surplus grader at a regional auctioneer. They read my project income, not just tax returns, and had me ready before auction day."

Priya, Director
Earthmoving

"Snapped up a prime mover at a Lloyds sale. $0 deposit on a prime application meant I kept working capital for tyres and rego."

Dion, Owner-Operator
Freight

"Needed certainty before bidding on a reefer trailer. Pre-approval came through in a day and settlement landed inside the auction terms."

Marcus, Director
Cold chain

"Picked up a skid steer and an attachment package at auction on one approval. One submission, no multi-lender credit hits."

Tania, Owner-Operator
Landscaping
SPECIALIST VS BANK

Specialist vs Major Bank Auction Finance

Side-by-side on the criteria that decide whether an Australian auction finance deal settles or stalls.

Criterion Equifund Specialist Major Bank
Income type Reads business income, contractor payments and BAS PAYG salary preferred, business income often discounted
Lender access Panel of 80+ Australian lenders matched to your file One bank, one credit template
Pre-approval speed Typically inside 24 hours 5 to 10 business days on average
Documentation Low-doc options available for established operators Full financials usually required
Deposit $0 deposit available for prime applications Deposit typically required
Industry expertise Australia-based auction and asset finance specialists Generic commercial credit team
FAQ

Common Auction Finance Questions

Straight answers to the questions Australian auction buyers ask most.

What can I finance at auction?

We finance trucks, trailers, earthmoving machinery, agricultural equipment, forklifts and most business assets sold at auction across Australia. New or used, dealer disposal, fleet disposal, government surplus or deceased estate lots.

Can I get pre-approved before the auction?

Yes, and you should. Apply at least 48 hours before auction day and we set a pre-approved amount and indicative rate, so you can bid up to a clear limit with finance already sorted.

Can you pre-approve a range for multiple lots?

Yes. If you're not sure which lot you'll win, we can pre-approve a range that covers several potential purchases, giving you flexibility on the day.

How fast is settlement after I win?

We finalise the finance and settle inside the auction's payment terms, typically 3 to 7 business days. We build our process around auction timelines so you don't miss a settlement deadline.

Which auction houses do you cover?

Pickles, Manheim, GraysOnline, Lloyds Auctions, Asset Alliance and all regional and specialist auctioneers across Australia. If it's sold at auction, we can usually arrange finance for it.

Do I need a deposit?

Not always. $0 deposit is available for prime applications. Other deals may need a deposit depending on the asset, the lender and the loan term.

Do I need to own property to qualify?

No. Many of our lenders score the deal on your business income and the asset value rather than requiring property security. Non-property owners regularly settle auction finance through Equifund.

Can you finance a private sale too, not just auctions?

Yes. We arrange finance for private-sale and dealer purchases as well as auctions, with the same fast low-doc options for established operators.

What is low-doc auction finance?

Low-doc auction finance is approval on a reduced documentation set, usually a Director declaration plus BAS or recent bank statements, rather than full financials. It's faster to process, which matters when an auction settlement clock is running.

What's the difference between a chattel mortgage and a finance lease?

A chattel mortgage gives you immediate ownership of the asset while the lender holds it as security, with GST and depreciation claimed upfront. A finance lease keeps the asset on the lender's books with set payments and an optional residual. Your specialist recommends the structure that suits your business and tax position.

What is an Australian Credit Licence (ACL)?

An Australian Credit Licence (ACL) is a licence issued by ASIC permitting a business to engage in credit activities under the National Consumer Credit Protection Act. Equifund holds Australian Credit Licence 389328.

Can I finance equipment bought across more than one auction?

Yes. We regularly structure finance for buyers picking up assets across several auctions, often on one application, so you're not restarting the process for every purchase.
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Three quick steps. An auction finance specialist gets back to you the same business day.

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