Question 1

What is asset finance?

Accepted Answer

Asset finance allows Australian businesses to acquire equipment, vehicles, or machinery by spreading costs over time rather than paying upfront. The financed asset is used as security, helping businesses maintain cash flow while securing essential tools.

Question 2

How does equipment finance work in Australia?

Accepted Answer

Equipment finance in Australia allows businesses to fund the purchase of machinery, vehicles, or technology through products like chattel mortgage, finance lease, or commercial hire purchase. A broker like Asset Finance Partners matches you with the right lender from a panel of 40+ banks and non-bank lenders.

Question 3

How quickly can I get pre-approved for asset finance?

Accepted Answer

Asset Finance Partners typically provides pre-approval responses within 24 hours for standard applications. Same-day responses are available for qualified borrowers.

Question 4

Do I pay a fee to use Asset Finance Partners?

Accepted Answer

No. Asset Finance Partners charges no broker fee to clients. Our fee is paid by the lender upon settlement.

Question 5

What types of assets can be financed?

Accepted Answer

Asset Finance Partners finances vehicles, trucks, trailers, construction equipment, excavators, cranes, agricultural machinery, medical and dental equipment, manufacturing equipment, technology, and fitouts across all major industries.

Question 6

Does Asset Finance Partners operate across all of Australia?

Accepted Answer

Yes. While our team is based in Bondi Junction, Sydney, we arrange asset finance and equipment finance for businesses across all Australian states and territories including NSW, VIC, QLD, WA, SA, and regional areas.

Question 7

What is a chattel mortgage?

Accepted Answer

A chattel mortgage is a common business finance product in Australia where the lender takes a security interest over the asset while you own it from day one. It offers potential tax advantages including GST claims and depreciation deductions for eligible businesses.

Question 8

Can I get vehicle finance for my business through Asset Finance Partners?

Accepted Answer

Yes. Asset Finance Partners arranges business car finance, commercial vehicle finance, truck finance, ute finance, van finance, and fleet funding for ABN holders across Australia.