Machinery finance for excavators, loaders, CNC plant and production lines.

Yes. Buckets, rippers, tilt hitches, augers, GPS machine-control systems, installation, commissioning and delivery can all be included in the amount financed when they are on the supplier’s invoice. Bundling them keeps the whole cost of putting the machine to work on one repayment rather than draining cash for the extras.

A balloon of 20 to 40 per cent is common on machinery with strong resale value, such as excavators and loaders, because it lowers the monthly repayment and the machine can be sold or traded to clear the balloon at the end. Production machinery that will stay in the factory for its full life usually suits a low or zero balloon. Your broker sets the balloon against the machine’s expected value at the end of the term.

Yes, for established businesses. Low-doc machinery finance is generally available up to around $150,000 to $250,000 for an ABN of two years or more with a clean credit file, often without financials, and some specialist lenders go higher for standard yellow goods. Larger amounts or newer businesses provide recent financials or bank statements, and a contract for the work the machine will do strengthens any application.

Low-doc applications for standard machines are often approved within 24 to 72 hours. Full-doc applications, larger amounts and private sales requiring inspection take up to a week. For machines on order with a supplier, approval can be arranged ahead of delivery so settlement happens the day the machine is ready.

Terms usually run from 12 to 84 months. The ceiling is generally set by the expected working life of the asset: heavy earthmoving and trucks often stretch to five or seven years, while IT hardware and point-of-sale systems are commonly kept to two or three. Lenders also look at the age of the asset at the end of the term, so a ten-year-old machine will attract a shorter term than a new one. Longer terms lower repayments and raise total interest.

Earthmoving and civil plant such as excavators, loaders, dozers, graders and rollers; manufacturing plant such as CNC mills and lathes, presses, laser cutters and production lines; cranes, forklifts and telehandlers; concrete, asphalt and crushing equipment; woodworking, printing and packaging machinery; and agricultural machinery. New and used machines are financed, with lenders that specialise in yellow goods and in manufacturing plant.

Yes. Used yellow goods and plant are financed routinely, from dealers, private sellers and auctions. Lenders look at the machine’s age, hours and condition, and most allow it to be 15 to 20 years old at the end of the term for well-maintained equipment. Private and auction purchases need a PPSR check and usually an inspection. Machines with very high hours or heavy modification may attract a shorter term or a deposit.

One to seven years. Yellow goods and heavy plant are commonly financed over five years, sometimes seven for new machines with long working lives. Production machinery is often matched to the contract or the expected technology cycle. A term that lines up with the work the machine is winning keeps the repayment covered by the income it generates.

Yes. Unencumbered machinery can be refinanced through a sale-and-leaseback or a loan secured on the equipment, releasing a proportion of its value as working capital while you keep using it. Lenders value the machine and lend against it, typically 50 to 80 per cent of value depending on age and type. It is a useful way to fund growth without selling the gear that earns the income.

Yes. Many CNC machines are built to order overseas and need a deposit at order and the balance before shipping. Lenders can fund the supplier’s progress payments and convert the whole amount to a chattel mortgage when the machine is installed and commissioned, or a trade finance facility covers the purchase until delivery. Tell your broker the payment schedule early so the structure is in place before the deposit is due.