Overdrive Funding
About0417 000 316Apply Now
Manufacturing Finance2026-07-103 min read

Forklift Finance Guide Australia 2026

Complete guide to forklift finance in Australia — Toyota, Crown, Hyster, Linde, Clark — rates, new vs used, electric forklifts, low doc and the best deal.

SK

Simon Kendrick

Managing Director & Head Finance Broker, Overdrive Commercial Funding

Key Takeaways

  • Forklift 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 forklifts.
  • Low doc forklift 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.

Forklifts are one of the most essential pieces of equipment in warehousing, logistics, manufacturing and distribution. From compact electric forklifts in cold storage facilities to large diesel counterbalance forklifts in container depots, forklift finance is available across the full range of brands, capacities and fuel types.

Forklift Models We Finance

Run the numbers on your repayments

Use our finance calculator to estimate weekly or monthly repayments.

Open Calculator →
  • Toyota 7 Series and 8 Series forklifts
  • Crown C5 and SC series counterbalance
  • Hyster H and J series forklifts
  • Linde E and H series counterbalance
  • Clark C15 to C55 series
  • Electric and lithium-ion forklifts — all brands

Why Lenders Like Forklift Finance

Toyota, Crown, Hyster and Linde are the most commonly financed forklift brands in Australia. Their reliability, active used market and wide dealer network make them attractive to lenders. Electric forklifts — including lithium-ion models — are increasingly popular and well-supported by most lenders on our panel.

Forklift Finance Rates

Forklift finance rates in Australia start from around 6.29% per annum for established businesses financing new forklifts with clean credit. Electric forklifts and fleet finance programs may attract specific rate structures from certain lenders.

New vs Used Forklift Finance

New forklifts attract the widest range of lenders and the sharpest rates. Used forklifts — 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 forklift finance assessment.

Low Doc Forklift Finance

Low doc forklift 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 Forklift Finance Deal

At Overdrive Funding, we compare 80+ lenders to identify the most competitive forklift 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.

← Back to all articles
Compare 80+ lenders — free, no credit checkGet a rate comparison for your specific asset and profile with no obligation.Get a Free Quote →

Frequently Asked Questions

Common questions about this topic, answered by Simon Kendrick.

How do unsecured business loans work in Australia?

▾

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?

▾

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?

▾

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?

▾

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?

▾

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?

▾

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?

▾

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?

▾

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?

▾

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.

Get Started

Ready to Secure Your Finance?

Compare 80+ lenders for the lowest rate available in a single application and get a fast decision with no impact on your credit score.

  • Bank rates without the queue
  • One application, multiple options
  • Approved in 24–48 hours, valid for 90 days
  • $0 down, no additional security and no financial options
  • Loans for all credit profiles and ABN lengths
  • 100% free service — no hidden fees or costs, ever
Call Simon Now 0417 000 316

Free No-Obligation Quote

Submitting this form does not lock you into finance or have any impact on your credit profile.

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

Related Articles

More articles on this topic from the Overdrive Funding blog.

Manufacturing Finance

CNC Machine Finance Guide Australia 2026

Complete guide to CNC machine finance in Australia — CNC mills, lathes, routers, plasma cutters — rates, new vs used, low doc and how to get the best deal.

Read article →
Manufacturing Finance

Manufacturing Equipment Finance Guide Australia 2026

Complete guide to manufacturing equipment finance in Australia — production lines, presses, conveyors, injection moulding — rates, new vs used, low doc options.

Read article →
Manufacturing Finance

Before You Buy a Forklift: The Complete Checklist | Overdrive Funding

The complete before-you-buy-a-forklift checklist for Australian businesses — mast, tyres, engine or battery, safety systems and finance pre-approval.

Read article →
Manufacturing Finance

Manufacturing Equipment: What We Finance | Overdrive Funding

We compare 80+ lenders to find the best finance for manufacturing equipment — CNC machines, presses, production lines, conveyor systems and more.

Read article →
Get Free QuoteCall