Skid Steer Finance for Civil & Landscape Contractors

Chattel mortgage: you own the skid steer, can typically claim depreciation and the GST upfront, and the lender holds security over the asset. Finance lease: the lender owns the machine and you make lease payments, with GST claimed on each payment. Speak with your accountant about which suits your position.

$0 deposit is available for prime applications, especially established operators with active site contracts, builder framework agreements or landscape council contracts. New ABNs typically need some contribution, but $0 deposit on the right deal is common for ongoing operators with verifiable project income.

No. Equifund's specialist lender panel includes options that assess on the asset, your project or contract income and trading history rather than requiring property as security. This matters most for owner-operators, landscape contractors and small civil subbies who don't want to put the property folio up for a sub-$100,000 machine.

Low-doc skid steer finance is asset finance assessed on a reduced document set, typically BAS, bank statements and the contract or quote, rather than full financials and tax returns. Best suited to established operators with an active ABN, trading history and verifiable project income who don't have current-year financials prepared.

Project income recognition is how a specialist lender reads income from civil contracts, builder framework agreements, council landscape contracts and demolition site invoices rather than treating only PAYG salary as income. It matters for established operators whose income comes from contracted site work, not a fortnightly pay slip.

Yes. Refinance is common when an existing deal was settled at high rates, has an unfavourable structure such as a large balloon, or is consolidating multiple machines into one facility. We compare your current setup against the specialist panel and present options.

Pre-approval typically comes back inside a business day when your application is complete. Settlement happens once you have signed contracts and any final lender conditions are met. Specialist asset lenders move faster than major banks because they assess the machine and contract income directly rather than waiting on property valuations.

A wide panel of Australian lenders spanning major banks, specialist asset financiers and non-bank lenders that specifically understand landscape, civil, demolition and hire-fleet project income, site contracts and the residual value of compact loaders across SSL and CTL classes.

An Australian Credit Licence (ACL) is the ASIC authorisation required to engage in regulated credit activities in Australia. Equifund operates under ACL 389328, bound by responsible lending obligations and the National Consumer Credit Protection Act when arranging finance.

Yes. NSW Big Build, VIC Big Build, QLD 2032 Olympic infrastructure, WA METRONET feeder, SA AUKUS precinct civil, TAS Bridgewater Bridge and NT Middle Arm precinct site-prep and landscape work are all strong asset cases for specialist lenders that fund Bobcat, Cat, Kubota, John Deere, Case and New Holland skid steers and compact track loaders.

Yes. Hire-fleet replenishment, typically two to six skid steers and compact track loaders a year on a rotation cycle, is a common asset case for specialist lenders that read hire-revenue streams directly. Equifund structures multi-machine deals on a master facility against the rental pipeline rather than a per-asset bank application that holds up the rotation.