Overdrive Funding arranges competitive Doosan finance for Australian businesses. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish — new or used, from dealers, private sellers, clearing sales or auctions anywhere in Australia.
Doosan — now trading as Develon in many markets following the 2023 rebrand — has a solid Australian following, particularly in excavators and articulated dump trucks. The rebrand is worth being aware of when you are searching for used stock, since machines trade under both names.
Doosan equipment we finance
- DX excavators — DX17, DX27, DX35, DX55, DX63, DX140, DX180, DX225, DX300, DX380 and DX530
- DL wheel loaders — DL200, DL250, DL300, DL420 and DL550
- DA articulated dump trucks — DA30 and DA45
- Zero and short tail swing variants
- Attachments and buckets
- New, used, dealer, private-sale and auction purchases
We only finance machines located in Australia. See our machinery finance options for the full range.
What Doosan resale means for your rate
Doosan residuals are reasonable and supported by a genuine Australian dealer presence. The DX225 class has an established used market in civil work, and lenders treat it as a workable mainstream asset.
The Develon rebrand creates a minor practical wrinkle rather than a real problem — used machines are listed under both names, and it can occasionally slow a valuation. It is worth mentioning the model number clearly on your application to avoid confusion.
Who finances Doosan equipment
Doosans are financed by civil contractors, quarrying operations, earthmoving and bulk earthworks businesses, and materials handling operations running DL loaders.
Doosan finance rates
Established ABN (2+ years), new machine, full doc
Established ABN, used machine, low doc (no financials)
Newer ABN (under 12 months)
Prior credit issues or specialist lending
| Borrower profile | Indicative rate | Typical deposit |
|---|---|---|
| Established ABN (2+ years), new machine, full doc | From 6.1% | $0 – 10% |
| Established ABN, used machine, low doc (no financials) | 7% – 10% | 10% – 20% |
| Newer ABN (under 12 months) | 9% – 12% | 10% – 30% |
| Prior credit issues or specialist lending | 12% – 15% | 20% – 30% |
Rates are indicative only and subject to lender assessment, asset age, hours, term and your individual circumstances.
Low doc Doosan finance
Low doc (no financials) finance is available on Doosan equipment up to $500k for the right profiles, assessed on your ABN, GST registration, credit profile and the machine rather than tax returns or financial statements. It typically sits in the 7% to 10% range for an established business buying used.
New or used Doosan?
Used DX excavators are generally competitively priced against Japanese equivalents. Check whether the machine is badged Doosan or Develon when researching values — the same machine appears under both.
Get a quote
Looking for the best rate on Doosan finance? You're in the right place. Speak directly with Simon and our team for a free, no-obligation quote, or get a free quote online. Our service is completely free. We're paid by the lender only after a deal settles, so there's no cost to you—even if you choose not to proceed.