Asset Finance

Finance any asset — vehicles, equipment, boats, caravans. Personal and business. Compare 100+ lenders. Tax deductible options.

100+ Lenders
Access to major banks and specialist asset lenders
Competitive Rates
From 5.99% p.a. depending on asset type
$0 Broker Fees
Our service is completely free
Fast Approval
24-48 hour conditional approval

Get Your Free Quote

Compare 100+ lenders in 2 minutes

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Minimum $1,000

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What is Asset Finance?

Asset finance is a broad term for loans secured against movable assets (as opposed to real estate). The asset itself acts as security for the loan — if you don't repay, the lender can repossess the asset. This security means asset finance typically offers better interest rates than unsecured personal loans.

What Assets Can Be Financed?

Virtually any movable asset with resale value can be financed: cars, motorcycles, boats, caravans, trucks, business equipment, machinery, medical equipment, agricultural equipment, IT equipment, and even aircraft. The key requirement is that the asset must retain value and be easily identifiable (via VIN, serial number, or registration).

Personal vs Business Asset Finance

Personal asset finance is for private use (your family car, weekend boat, touring caravan). These loans are not tax deductible but have simpler applications and typically lower documentation requirements. Business asset finance is for assets used to generate income (work vehicles, business equipment, commercial machinery). Business finance offers tax deductible structures like Chattel Mortgage and Hire Purchase, allowing you to claim interest, depreciation, or full rental payments as business expenses.

Why Use Asset Finance Instead of Cash?

Even if you have cash available, asset finance can be smart: (1) Preserve capital for investments or emergencies, (2) Claim tax deductions on business assets, (3) Build credit history through structured repayments, (4) Match repayments to the asset's income-generating period, and (5) Leverage low interest rates when available. For businesses, the tax benefits often offset the interest cost significantly.

Kreddi works with 100+ lenders across Australia specializing in different asset types — from major banks offering competitive car loans to specialist marine lenders financing luxury yachts, and equipment finance companies funding multi-million dollar agricultural machinery packages.

Ready to Finance Your Asset?

Compare rates from 100+ lenders. Personal and business options available.

Personal vs Business Asset Finance

Choose based on whether you're using the asset for personal enjoyment or business income generation.

Personal Asset Finance

Finance for personal use assets (cars, boats, caravans, motorbikes). Not tax deductible, but simpler application.

Structures Available:
  • Standard Car Loan
  • Balloon/Residual Loan
  • Personal Lease
Tax Benefits:

None (personal use)

Best For:

Individuals buying for personal/private use

Typical Rates:

5.99% - 15% p.a.

Business Asset Finance

Finance for business use assets (vehicles, equipment, machinery). Tax deductible structures available.

Structures Available:
  • Chattel Mortgage
  • Hire Purchase
  • Novated Lease
  • Operating Lease
Tax Benefits:

Interest, depreciation, or full payments tax deductible

Best For:

Business owners, self-employed, ABN holders

Typical Rates:

5% - 12% p.a.

Asset Finance Structures Explained

Different finance structures suit different situations. Here's a quick comparison.

StructureTypeOwnershipTax BenefitsGSTBest For
Chattel MortgageBusiness onlyImmediateInterest + depreciationClaim upfrontABN holders registered for GST
Hire PurchaseBusiness or personalAt loan endFull payment (business use)Claimed progressivelyNon-GST businesses or specific tax needs
Standard LoanPersonal onlyImmediateNoneN/APersonal use vehicles and assets
Novated LeaseEmployees (PAYG)Option at endPre-tax salary deductionsEmployer claimsSalary packaging vehicles
Operating LeaseBusiness onlyLender retainsFull rental paymentClaimed progressivelyShort-term use, regular upgrades

Need Help Choosing? Our brokers can advise which structure suits your situation based on tax position, GST registration, and asset use. The right structure can save thousands annually.

How Asset Finance Works

1

Choose Your Asset

Find the asset you want — car, boat, equipment, caravan. Get quotes from dealers or private sellers. You can apply before finalizing the purchase to know your budget.

2

Apply Through Kreddi

Submit one application. We shop it across our panel of 100+ lenders including banks, specialist asset lenders, and niche financiers for specific asset types.

3

Get Approved (24-48 Hours)

Most asset finance applications receive conditional approval within 1-2 business days. We'll present the best offers and help you choose the right structure.

4

Settlement & Collection

Lender pays the seller directly. You take delivery of your asset. Depending on structure, you own it immediately or at loan end. Start making repayments as agreed.

Finance Any Asset from $5,000 to $2M+

Personal and business. Tax deductible options. Fast approval.