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Key Takeaways
- Overdrive Funding finances all types of construction equipment — new, used, demo and auction purchases.
- We compare 80+ lenders in one free application to find the most competitive rate.
- Low doc finance available up to $500,000 — no tax returns or BAS required for eligible ABN holders.
- Finance available for established operators, new ABNs and businesses with adverse credit.
- Equipment finance deals: We guarantee the best deal available in the market and our services are free — we're paid a "referral fee" by the lender after settlement, no cost to you.
Construction businesses in Australia rely on finance to acquire the equipment they need to win and complete projects. At Overdrive Funding, we compare 80+ lenders to find the most competitive finance for every type of construction equipment — from scaffolding and formwork to large plant and machinery.
Construction Equipment: What We Finance
- Excavators and mini excavators — all sizes and brands
- Concrete equipment — mixers, pumps, batching plants, vibrators
- Elevated work platforms (EWPs) — boom lifts, scissor lifts, vertical masts
- Scaffolding and formwork systems
- Compaction equipment — rollers, plate compactors, jumping jacks
- Material handling — telehandlers, forklifts, site dumpers
- Light towers and generators for construction sites
- Utes and light vehicles — all construction vehicles
- Tipper trucks used in construction operations
- Survey and GPS equipment for construction layout
- Skid steers and compact track loaders
Finance Structures Available
- Chattel mortgage — most common for construction equipment
- Finance lease — for businesses that prefer to keep equipment off the balance sheet
- Operating lease — for equipment with short deployment cycles or high obsolescence risk
- Low doc finance up to $500,000 — no tax returns or BAS required for eligible ABN holders
- Progress draw facilities — for construction businesses buying equipment throughout a project
Construction Equipment Finance Rates
Construction equipment finance rates in Australia currently start from around 6.1% per annum for established operators with clean credit financing new equipment from major brands. Used construction equipment and specialist items attract varying rates depending on brand, age, condition and the lender's assessment of residual value.
New, Used and Auction Equipment
We finance construction equipment purchased from dealers, private sellers, fleet disposals and auction. If you are purchasing at auction, getting finance pre-approved before the auction is essential — settlements are typically required within 48 to 72 hours. Contact us before auction day and we will have your finance ready to activate when you win.
How to Apply
Fill in the form above or call Simon to get started. We compare 80+ lenders in one application — no multiple enquiries, no impact on your credit score, and no cost to you. Most applications receive a credit decision within 24 to 48 hours.