What is vehicle and equipment finance?

Vehicle and equipment finance (asset finance) helps individuals and businesses purchase vehicles or equipment through structured repayments, preserving cash flow while acquiring the asset.

Can I finance a used vehicle or used equipment?

Yes. Brampton Finance can arrange finance for used assets, including dealer purchases and private sales, subject to lender criteria and asset condition.

What types of assets can I finance?

Common assets include cars, utes, vans, trucks, trailers, construction machinery, agricultural equipment, medical devices, technology, and a wide range of business equipment.

Do I need financial statements for asset finance?

Not always. Many lenders offer low-doc or alt-doc options for ABN holders and contractors using BAS or bank statements instead of full financials.

How fast can vehicle or equipment finance be approved?

Many applications can receive conditional approval within 24 hours. Timeframes vary depending on lender requirements, asset type, and documentation.

Vehicle & Equipment Finance Options Explained

Q: Will applying affect my credit score?

A credit enquiry may be recorded when an application is submitted. Brampton Finance assesses lender options first to reduce unnecessary enquiries.

Chattel Mortgage

A popular option for businesses registered for GST. You own the asset from day one and may be able to claim GST credits and depreciation (subject to professional tax advice).

Finance Lease

A flexible structure with lower repayments and a residual value at the end of the term, commonly used for fleet and commercial vehicles.

Operating Lease

An off-balance-sheet solution where you pay for the use of the asset rather than ownership, often bundled with servicing and maintenance.

Hire Purchase

Spread the cost of the asset over time and take full ownership once the final payment is made.

Asset Rental

Ideal for short-term or project-based equipment use without long-term ownership risk.

Novated Lease

Salary-packaged vehicle finance for employees, helping reduce taxable income while driving a new or used vehicle.

Vehicle Finance for Self-Employed & Contractors

Brampton Finance specialises in low-doc and alt-doc vehicle finance, making it easier for:

Sole traders
ABN holders
Contractors
New businesses and startups

Many lenders accept BAS statements or bank statements instead of full financials, allowing faster approvals with less paperwork.

Equipment Finance for Businesses

Equipment finance allows businesses to:

Preserve working capital
Upgrade machinery without large upfront costs
Match repayments to asset lifespan
Improve operational efficiency
Access potential tax benefits

We regularly work alongside accountants and advisers to ensure finance structures align with cash flow management and tax strategy.

New vs Used Asset Finance

We arrange finance for:

Brand new assets
Used equipment
Dealer purchases
Private sales

Asset age, condition and resale value are factored into lender selection to ensure competitive terms and approval confidence.

How Our Vehicle & Equipment Finance Process Works

Initial discussion to understand the asset and funding goals
Comparison across banks and specialist asset lenders
Indicative approval and rate negotiation
Formal approval and documentation
Settlement and asset acquisition

We manage the process end-to-end to ensure speed, clarity and minimal disruption.

Vehicle & Equipment Finance Interest Rates & Terms

Interest rates and repayment terms depend on:

Asset type and age
Borrower profile and credit history
Business structure and income
Loan term and residual value

Brampton Finance actively negotiates pricing to secure competitive rates without restrictive conditions.

How Much Can I Borrow?

Borrowing capacity is assessed using:

PAYG or self-employed income
Business turnover
Existing liabilities
Credit profile
Asset value and market demand

Speak with Brampton Finance for a free borrowing assessment tailored to your situation.

Frequently Asked Questions

Can I finance a used vehicle or equipment?
Yes. We arrange finance for used assets, including private sales, subject to lender criteria.

Do I need financial statements?
Not always. Many lenders offer low-doc options for ABN holders and contractors.

Is GST included in the loan amount?
GST treatment depends on the finance structure. We tailor the loan accordingly.

How fast can I get approved?
Many applications receive conditional approval within 24 hours.

Can startups get equipment finance?
Yes. We work with lenders comfortable with new businesses and startups.

Will applying affect my credit score?
We assess lenders carefully before submitting applications to minimise unnecessary credit enquiries.

Vehicle & Equipment Finance Australia-Wide

Brampton Finance assists clients across:
Sydney, Melbourne, Brisbane, Perth, Adelaide, Canberra, Hobart and regional Australia.

Local market understanding combined with national lender access delivers better outcomes.

Why Use a Broker for Vehicle & Equipment Finance?

Going direct to a bank limits you to one product. Brampton Finance compares dozens of asset finance lenders to deliver:

Better approval outcomes
Smarter loan structures
Competitive pricing
Faster turnaround times

Speak to a Vehicle & Equipment Finance Specialist

Whether you’re purchasing a new vehicle, expanding your fleet or investing in business equipment, Brampton Finance delivers fast, strategic and flexible asset finance solutions.

Get a free assessment and secure your vehicle or equipment finance today.