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Key Takeaways
- Overdrive Funding arranges farm and agriculture equipment finance for all asset types — new, used, demo and auction.
- 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 farmers, new ABNs and adverse credit.
- Our service is free — we're paid a "referral fee" by the lender after settlement.
Farm equipment auctions — including clearing sales, livestock and machinery sales — are a popular source of quality second-hand agricultural machinery. Overdrive Funding arranges farm and agriculture equipment finance for auction purchases, with pre-approval available before auction day to ensure fast settlement.
Farm Equipment Auction Finance: How It Works
- Contact Overdrive Funding before the auction to discuss the equipment you're targeting
- We arrange a pre-approval for your farm and agriculture equipment finance
- Attend the auction with confidence — your finance is ready to activate
- You win the lot — we finalise the finance application with the specific asset details
- Settlement typically occurs within 24–72 hours of auction day
- We pay the auction house directly — no cash required on the day
- Available for all major clearing sale companies and online farm auctions
Farm and Agriculture Equipment Finance Structures
- Chattel mortgage — own the asset from day one, interest and depreciation tax-deductible for GST-registered businesses
- Finance lease — keep equipment off your balance sheet; lender retains ownership until residual is paid
- Seasonal repayment structure — lower payments during growing season, higher at harvest, available from specialist agriculture lenders
- Balloon/residual — reduce monthly repayments with a lump sum at end of term
- Commercial hire purchase — fixed repayments with ownership transferring at end of term
Finance Rates
Farm and agriculture equipment finance for auction purchases is available at the same competitive rates as dealer purchases. The key difference is timeline — auction settlements are typically 24–72 hours, making pre-approval essential. Overdrive Funding specialises in fast approvals for clearing sale and auction farm equipment.
How to Apply
Fill in the form above or call Simon to get started. We compare 80+ lenders for your farm and agriculture equipment finance in one application — no multiple credit enquiries, no cost to you. Most applications receive a decision within 24 to 48 hours.