What rate can I get on crane finance in Australia?

Crane finance rates in Australia currently start from around 6.1% per annum for established operators financing new machines with clean credit. Rates for used machines, new ABNs and adverse credit are higher. A broker comparing 80+ lenders will identify the sharpest rate for your specific crane and profile.

Can I finance a used crane?

Yes. Used cranes are well-supported by most lenders, particularly well-maintained machines from dealers or reputable sources. We finance used cranes from dealers, private sellers and auction.

Can I get low doc crane finance?

Yes. Low doc crane finance is available up to $500,000 without tax returns or BAS — ABN, licence and bank statements only. Same-day conditional approvals are common.

Can I get no deposit crane finance?

Yes. No deposit crane finance is available for eligible operators with 2+ years GST registration and clean credit.

How quickly can crane finance be approved?

Most crane finance applications receive a credit decision within 24 to 48 hours. Low doc applications are often same-day.

What machinery finance rates are available in Australia?

Machinery finance rates in Australia start from around 6.1% per annum for established operators with clean credit financing new machines from major brands. Used machinery, new ABNs and adverse credit attract higher rates. Comparing 80+ lenders through a broker identifies the sharpest available rate for your specific machine.

Can I finance used machinery?

Yes. Used machinery from dealers, private sellers, fleet disposals and auction is financeable. Lenders assess the age, hours, condition and resale market for the specific machine. Well-maintained machines from reputable sources are supported by most lenders.

Can I get low doc machinery finance?

Yes. Low doc machinery finance is available up to $500,000 without tax returns or BAS. You need your ABN, driver's licence and recent bank statements. Same-day conditional approvals are available for low doc machinery applications.

Can you arrange insurance for my equipment?

Yes. Overdrive Funding works with trusted insurance partners who can arrange the right cover alongside your finance application. Whether you need comprehensive, CTP, public liability or fleet cover, we can connect you with specialist providers to protect your equipment from day one.

Can you beat my current finance quote?

We often can. Overdrive Funding has access to exclusive lenders offering discounted rates that aren't available directly through banks, dealers or other brokers. If you have an existing quote, send it to us and we'll compare it against our full panel of 80+ lenders — free of charge with no impact on your credit score.

Crane Finance Guide Australia 2026 | Rates & Options

Name: Overdrive Commercial Funding
Address: 54 Miller St, North Sydney, NSW, 2060, AU
Telephone: +61417000316
Price range: Free
Rating: 5

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Key Takeaways

Crane finance available for new, used and demo machines across all major brands.
Rates from 6.1% per annum for established operators with clean credit financing new cranes.
Low doc crane finance available up to $500,000 — no tax returns or BAS required.
No deposit finance available for eligible ABN holders with 2+ years GST registration.
We compare 80+ lenders in one free application — no impact on your credit score.
Machinery 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.

Cranes are among the highest-value mobile assets in the Australian construction and infrastructure sector. From compact Franna pick-and-carry cranes used in residential construction to large all-terrain and crawler cranes used in major civil projects, crane finance requires lenders with specific knowledge of crane asset values and licensing requirements.

Crane Models We Finance

Pick-and-carry cranes (Franna AT-20, AT-40, AT-50)
Mobile all-terrain cranes (Grove, Liebherr, Terex)
Crawler cranes (Liebherr LTR, Manitowoc)
Tower cranes (Liebherr, Potain)
Rough terrain cranes (Grove RT, Manitowoc)
Truck-mounted cranes (Palfinger, Fassi, Hiab)

Why Lenders Like Crane Finance

Franna, Grove, Liebherr and Manitowoc cranes are the most commonly financed crane types in Australia. Their high value, specialist licensing requirements and active hire market mean crane finance is often handled by specialist lenders with construction industry expertise.

Crane Finance Rates

Crane finance rates in Australia start from around 6.1% per annum for established crane operators and hire businesses with clean credit. High-value or specialist crane types (crawler cranes, large all-terrain cranes) often require specialist lenders with experience in crane asset valuations.

New vs Used Crane Finance

New cranes attract the widest range of lenders and the sharpest rates. Used cranes — from dealers, private sellers, auction or fleet disposals — are also well-supported by most lenders, particularly for well-maintained machines from reputable sources. Age, hours, condition and the machine's resale market all factor into a used crane finance assessment.

Low Doc Crane Finance

Low doc crane finance allows eligible ABN holders to borrow up to $500,000 without providing tax returns, BAS or full financial statements. You need your ABN, driver's licence and recent business bank statements. Same-day conditional approvals are available.

How to Get the Best Crane Finance Deal

At Overdrive Funding, we compare 80+ lenders to identify the most competitive crane finance deal for your specific machine and profile. Our service is completely free — we're paid by the lender after settlement. Contact us today or call Simon for a free rate comparison.

Crane Finance Guide Australia 2026