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Construction Finance2026-07-113 min read

Crane Finance Guide Australia 2026

Complete guide to crane finance in Australia — mobile cranes, pick-and-carry, franna, tower cranes — rates, new vs used, low doc and the best deal.

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Simon Kendrick

Managing Director & Head Finance Broker, Overdrive Commercial Funding

Key Takeaways

  • Crane finance available for new, used and demo machines across all major brands.
  • Rates from 6.29% 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

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  • 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 6.29% 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.

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Frequently Asked Questions

Common questions about this topic, answered by Simon Kendrick.

How do unsecured business loans work in Australia?

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Unsecured business loans provide working capital without requiring property or equipment as security. Non-bank lenders assess your business bank statements and revenue to determine how much you can borrow, at what rate and over what term.

What is the difference between a secured and unsecured business loan?

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A secured loan uses collateral such as property, equipment or invoices as security, typically offering lower rates and higher amounts. An unsecured loan requires no collateral but generally carries a higher rate to reflect the increased lender risk.

How are unsecured business loan repayments structured?

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Most non-bank unsecured loans use daily, weekly or monthly repayments automatically debited from your business account. The repayment frequency and structure vary between lenders and products.

What can I use an unsecured business loan for?

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Most unsecured business loans have no restrictions on use for legitimate business purposes including working capital, stock, marketing, wages, equipment, fit-outs, ATO debt or business growth.

What is a business line of credit and how does it work?

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A line of credit provides access to a pre-approved credit limit that you draw on as needed, paying interest only on the amount drawn. It is well-suited to managing cash flow gaps or short-notice business opportunities.

What is the minimum revenue required for an unsecured business loan?

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Revenue requirements vary between lenders. Most non-bank lenders look for consistent monthly revenue above a minimum threshold, assessed across your recent bank statements. We can assess your eligibility without a formal credit enquiry.

What is the maximum loan term for an unsecured business loan?

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Unsecured business loan terms typically range from 3 to 24 months. Some lenders offer longer terms for larger amounts or established businesses. Longer terms reduce repayments but increase the total interest paid.

Can I get an unsecured business loan if my business is seasonal?

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Potentially. Some lenders offer flexible repayment structures suited to seasonal businesses. Providing 12 months of bank statements helps demonstrate your actual annual income including seasonal fluctuations.

What is the fastest way to get an unsecured business loan approved?

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Having 3-6 months of business bank statements, ABN details and your driver licence ready to submit together allows for a faster assessment. Applying through a broker who matches your profile to the right lender can significantly speed up the process.

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Simon Kendrick — Managing Director, Overdrive Commercial Funding

Simon Kendrick

Managing Director & Head Commercial Finance Broker | Overdrive Commercial Funding

Simon Kendrick is the Managing Director and Head Commercial Finance Broker at Overdrive Commercial Funding, an Australian family-owned commercial finance brokerage backed by over 30 years of industry experience.

Specialising in truck finance, vehicle finance, machinery and equipment finance, business loans and commercial lending, Simon helps Australian businesses secure competitive interest rates, flexible repayment terms and tailored funding solutions through a panel of 80+ banks and non-bank lenders.

Unlike traditional brokerages, Simon personally works with every client from initial consultation through to settlement and beyond. No call centres, no handovers and no constantly changing brokers. Clients deal directly with Simon, building a trusted, long-term relationship with the same finance broker for the next 5, 10 or more years.

Whether you're a sole trader, new ABN holder, growing business or established company, Simon provides consistent, personalised service and ongoing finance support as your business evolves.

FBAA MemberAccredited with Major Banks and 80+ Lenders30+ Years' Industry Experience5.0-Star Rated on Google

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