Earthmoving & Mining Finance for Site & Quarry Contractors

You own the equipment from the day finance settles, while your lender holds a mortgage over it as security until the loan is repaid. It's the most requested structure for GST-registered earthmoving and mining businesses, since you can typically claim the GST back on the purchase price straight away and depreciation runs through your own business. Best for GST-registered operators wanting full ownership from day one, with terms from 1 to 7 years.

With 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 operators who want the certainty of a fixed repayment structure, and the GST is spread across your payments rather than claimed as one lump sum upfront. Terms are flexible.

Under a finance lease, your lender retains legal title to the equipment for the term of the lease while you use it on site, making regular lease payments that are typically fully tax deductible. At the end of the term you can make an offer to buy the equipment, refinance the residual, or hand it back. Best for operators preferring an off-balance-sheet structure, with flexible terms.

An operating lease means you pay to use the equipment for an agreed term, and your lender carries the risk of its residual value, not you. It suits operators who like to keep their plant current, since bundled servicing is often included and you simply hand the equipment back and roll into newer plant when the term ends. Terms typically run 3 to 5 years.

With an 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 a private sale or older machine a traditional lender might decline. Best for fast settlement or older machinery, with a shorter, flexible term.

Yes. Seasonal and skip-month structures are common for operators whose income runs against wet season, project milestones or mine-site cycles. The lender panel includes options that build repayments around how your project income actually flows.

Heavy earthmoving equipment can generally be depreciated in full, and a chattel mortgage lets you claim the GST upfront. Confirm your position with your accountant.

Yes. Refinance can lower your rate or restructure a balloon, and sale-and-leaseback frees up equity in excavators, loaders or dozers you own outright to fund the next unit.

Yes. A balloon or residual lowers your monthly repayment by deferring part of the value to the end of the term. We will structure it to suit your replacement cycle so it does not catch you out.

Pre-approval typically comes back inside a business day. Settlement happens once you have signed contracts and any final lender conditions are met. Specialist earthmoving lenders read project income and contracts directly, so they move faster than major banks.

Yes. Specialist lenders can assess on your project contracts, the asset and your industry experience rather than requiring years of trading, which is how many growing civil and earthmoving businesses get pre-approved.

Yes. A conditional pre-approval lets you quote the work and commit to the equipment knowing the finance is in place, then settle once the contract is signed.

Yes. Multi-asset and mixed-fleet deals are common, funded as a package under a master facility rather than separate loans, which simplifies your repayments and reporting.

Yes. Multi-site contractors and mining operators can finance excavators, loaders and plant for several sites under one facility, rather than submitting a separate application for each location.

An active ABN, recent BAS or bank statements, the equipment details, and any project or site contract. We will tell you exactly what your lender match needs after a quick call.