Asset Finance

Asset Financing is an increasingly popular funding option among Australian businesses. An asset refers to an item of property that has intrinsic value. Some of the common acceptable assets under the lending parameters include:
This encompasses a wide range of vehicles, from cars and trucks to Utes, buses, vans, and recreational vehicles such as camper vans.
This category includes manufacturing equipment, construction machinery, and other industrial tools.
Computers, servers, and other IT equipment may be eligible assets.
Tractors, irrigation systems, and other farming equipment are often eligible assets.
In some cases, even aircraft and boats can be considered acceptable assets.
Desks, chairs, shelving, and other office-related assets.
Equipment used in healthcare settings, such as MRI machines, X-ray machines, and dental equipment.
Solar panels, wind turbines, and other renewable energy infrastructure.
Ovens, refrigerators, air-conditioning and other equipment used in the industry.
Asset Financing entails obtaining short-term financing from a lender to acquire various financeable assets. The loan term can be up to 7 years, depending on the type of asset. This secured loan structure enables you to leverage assets owned by your company to access the capital represented by the asset, converting it into available funds without affecting your day-to-day operating cash flow.