We finance mining equipment and connect customers with various lenders for better access to capital.

Our turnaround times are often quicker than major banks, which may have complex structures that delay your application and approval.

We focus on Mining Equipment Finance, giving us a better understanding of Equipment Loans and Heavy Machinery, unlike lenders who concentrate on Home, Commercial, Personal, or Car Loans.

Our customers get a dedicated Relationship Manager who they can talk to directly about their application. Reaching the right person at a big financial institution can be very tough.

Getting approved is fast; customers can pre-approve up to $500K in seconds, receive full approval in 24-48 hours, and have funds available the next day with easy documentation.

Our Mining Equipment Finance options are more flexible than those from major banks. We provide No Doc Mining Equipment Finance up to $500K and Low Doc up to $1M without as many rules.

Current rates start at 6.55% but may vary depending on the age of the asset being purchased and the credit score of the applicant

Our business has been built on repeat customers and customer referrals over the last 20 years – so it is very important that we provide the best possible market rate whenever we issue a finance approval

Our clients fill out the simple form in the APPLY NOW section of our website. A quick calculation is made, and pre-approval is given within seconds.

No formal credit search is undertaken for pre-approvals up to $500K with means our applicants credit score is unaffected

If the applicant is successful, they will receive either an email or a phone call indicating what is required for both unconditional approval and settlement

Pre-Approval up to $500K is instant within seconds

Unconditional Approval is 24 – 48 hours after we receive the required information (such as a signed privacy form and income verification if required)

Settlement can happen the day after approval if you buy from a licensed equipment dealer. If it’s a private sale, it might take longer due to extra paperwork needed from the seller.

We finance all types of Mining Equipment with endless configurations as long the Machine has identifiers and will be used for business use

We finance machines up to 20 years old at the end of the term under our No Doc or Low Doc policy. For a 5-year loan, machines can only be up to 15 years old when bought. If they’re older, we can reduce the loan term.

If the Mining Equipment is over 20 years old at the end of the term, we can still look at it. However, we might need bank statements or financial documents from an accountant to verify income.

Clients can purchase machines from dealers, auctions, or private vendors. Typically, a formal valuation isn't needed if sold by a private vendor, saving customers up to $1,000 in fees.

Dealer and auction sales are quicker. Private sales can take more time since we need extra documents from the seller to confirm ownership and ensure the funds go to the correct person.

You can make a one-time payment in the Loan Contract within 6 months of drawdown, using GST from new Equipment or from selling an existing Machine.

Structured payments lower costs for customers and allow them to sell their equipment privately without losing much value compared to a trade-in.

We can adjust balloon payments based on the asset's age, type of work, and usage. Balloons can range from 10% to 40%, depending on what clients need and their policy.

A balloon payment can be applied to a Loan Contract in order to reduce overall monthly payments and effectively maximise cash flow for a business

A balloon payment can only be applied to a Machine that is no older than 5 years old at time of purchase

Balloon payments can be between 10% and 40% depending on the age of the Equipment or the intended usage of the Machine

Customers with contracts that have balloon payments can pay the balance at the end of the term with cash, refinance with a new loan, or trade in the Machine at the dealership to cover the balloon payment.

Our flexible policy matrix provides our customers access to a wide range of funding options which often means we do not require financial statements

No Doc Mining Equipment Finance up to $500K (no bank statements and no financials)

Low Doc Mining Equipment Finance up to $1M (BAS and tax portal)

Full Doc Mining Equipment Finance above $1M (accountant prepared financials and personal tax returns for the directors)

For loans up to $500K, we don't require financial statements. Only for larger loans do we need BAS or accountant-prepared financials because of the higher credit risk.

We provide financing for mining equipment for new businesses. No deposit is usually required for purchases up to $175K. For amounts over $175K, a deposit of 20% to 30% is needed.

We need to see a work contract or supply agreement confirming our client has ongoing work

Also required is confirmation our client has funds in the bank to cover running costs for the first 6 months

Mining Equipment can be costly. However, deposits over $175K may be waived on a case-by-case basis depending on the applicant's strength and contract nature.

Heavy Vehicle Finance is based in Brisbane but assists clients nationwide. Your Relationship Manager will meet you to understand your business better.

We help clients across Australia with online approvals and documents sent via email or DocuSign. Heavy Vehicle Finance customers can contact our office or their Relationship Manager anytime.

We offer financing for Trucks, Heavy Equipment, and Transport and Earthmoving Industries. The only requirement is that the items financed have IDs and are for business use.

We only focus on Mining Equipment, so we can't help with loans like Personal Loans, Home Loans, Marine Loans, or RV Loans.