Construction Finance Australia

We finance new, used, demonstrator, dealer and private-sale construction equipment and vehicles across all major makes including Caterpillar, Komatsu, Hitachi, Volvo CE, Hyundai, JCB, Kobelco and Sumitomo. Your specialist matches the finance to your work and the lender to your file.

Pre-approval is typically inside 24 hours once you submit the form. Settlement timing then depends on the lender and asset details, with many Australian deals settling within a week of pre-approval.

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

Not always. $0 deposit is available for prime applications, especially for established operators with active contracts and project work. Other deals may require a deposit depending on the asset, the lender and the loan term.

Yes. We finance dealer purchases, private sales, auctions and end-of-lease buyouts. The construction just needs to meet the lender's age and condition requirements.

Yes. Many Australian operators refinance to access a better rate, restructure repayments around their income cycle, release equity from the asset, or consolidate multiple construction loans into one facility.

We have a wide panel of Australian lenders spanning major banks, specialist asset financiers and non-bank lenders that specifically understand contract income and construction assets. Your specialist matches your file to the right lender for the deal.

Yes. We regularly settle multi-construction deals for Australian fleets, often splitting the package across more than one lender to fit each asset's spec and your overall structure.

Yes. Constructions, attachments, trailers and related equipment are all on the panel. Equipment security can be structured independently of construction finance if that better suits the deal.

A chattel mortgage gives you immediate ownership of the construction while the lender holds it as security. You claim GST upfront and depreciate the asset for tax. It is the most common structure for established Australian owner-operators. A finance lease keeps the construction on the lender's books with set monthly payments and an optional residual paid at the end of the term. Useful for fleet operators managing income cycle against vehicle turnover. Your Australian construction finance specialist will recommend the structure that suits your business and tax position. Read the full chattel mortgage vs finance lease comparison.

Contract income recognition is how a specialist lender reads income from project payments, progress claims and BAS rather than treating only PAYG salary as income. Bank credit templates often miss this. Specialist lenders read contract income accurately, which is why established Australian operators frequently get approved on deals that mainstream banks decline.

Low-doc construction finance is assessed on a reduced documentation set, usually a Director declaration plus business activity statements or recent bank statements, rather than full financials. It is faster to process and common for established small-fleet operators in Australia who would rather not produce two years of full tax returns for a single asset purchase.

Pre-approval is a conditional finance approval issued before you commit to a specific piece of equipment. It sets the maximum loan amount, indicative rate, term and repayment structure so you can negotiate with dealers, private sellers or auction houses on solid ground. Equifund pre-approvals are typically issued within 24 hours of form submission.

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. Working with an ACL holder is a baseline regulatory protection for the borrower and a baseline trust signal for any Australian finance provider.

Yes. Specialist construction lenders on our panel score builder framework contracts (residential or commercial) as the income base and approve plant packages across telehandlers, skid steers, crane trucks, vans and work utes on one application with one credit decision.

Yes. Lenders on our panel routinely structure construction finance on the active framework contract income and the asset value, without requiring property security on top. The framework's run informs the loan term and balloon structure.

Yes. Mixed orders across plant (telehandler, skid steer, crane truck) and commercial vehicles (vans, work utes, dual-cabs) routinely settle on one chattel mortgage when the lender scores on the framework or active build pipeline.