Overdrive Funding helps Australian mining contractors access competitive vehicle finance. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish — new or used, from dealers, private sellers or auctions anywhere in Australia.
Mine spec vehicles are a category of their own. Roll bars, fire extinguishers, flags, beacons, isolation switches, reversing cameras and GPS all have to be fitted to site standard before the vehicle turns a wheel — and none of it is optional.
What mining contractors finance
- LandCruiser 79 Series and 70 Series cab chassis
- HiLux, Ranger, D-Max and Triton in mine spec
- Mine spec fit-outs — roll bars, beacons, flags, isolation switches, fire suppression
- Troop carriers and personnel transport
- Service and light maintenance vehicles
- New, used, ex-fleet, ex-mine, dealer, private-sale and auction purchases
We only finance vehicles located in Australia. See our business vehicle finance page for the full range, rates and how approvals work.
Finance the mine spec with the vehicle
A full mine spec fit-out can add $15,000 to $30,000 to a vehicle, and it is a hard requirement — you cannot access the site without it. Where the fit-out is done at purchase and invoiced with the vehicle, it can generally be financed in the same facility. Paying cash for compliance gear you have no choice about is a poor use of working capital.
The 79 Series and why it finances so well
The LandCruiser 79 Series is close to the ideal asset from a lender's point of view. Demand consistently outstrips supply, used examples have at times traded near new pricing, and there is no real substitute for the work it does. That exceptional resale means 79 Series applications rarely struggle on the asset side of the assessment.
Rates and deposits
Established ABN (2+ years), new vehicle, full doc
Established ABN, used vehicle, 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 vehicle, full doc | From 6.1% | $0 – 10% |
| Established ABN, used vehicle, 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% |
Low doc (no financials) business vehicle finance is available up to $300k for the right profiles. Deposits generally range from 10% to 30%, with $0 deposit available on stronger applications. Rates are indicative only and subject to lender assessment.
Get a quote
Looking for the best rate on vehicle finance for your business? 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.