Machinery Loans for Multiple Machines
Loans multiple machines under a structure suited to your business, whether you’re adding several vehicles at once, replacing existing machines or expanding your fleet.
Who We Help
Owner-operators buying their first machine
Civil & earthmoving contractors expanding their fleet
Operators who've won a new contract
Refinancing an existing equipment loan
Machinery Loans for Multiple Machines Australia
Need machinery loans for multiple machines in one go? Overdrive Funding structures multi-asset deals across 80+ lenders so you are not opening a new loan for every piece of plant, yellow goods and machinery.
We arrange loans for Australian ABN holders — companies, contractors, sole traders and trusts — buying more than one new or used machine from dealerships, private sellers and auctions.
Why loans multiple machines together
Separate loans mean separate rates, settlements and end dates. One multi-machine facility can align terms, cut paperwork and make cash flow easier to run.
We compare lenders that will take several assets on one deal — or split the list across the right funders — and you still deal with one broker.
What can sit on the same deal
- Two or more excavators, loaders, dozers or skid steers
- Mixed plant, yellow goods and machinery (grader + roller + telehandler, and similar)
- New and used on the same package where lenders allow
- Dealer, private sale and auction machines together, subject to criteria
Eligible applicants may access no-deposit loans, terms up to 7 years and balloons to hold monthly cost down. In many cases the machines are the security. Extra property is often not required, subject to lender criteria.
Limits for more than one machine
Low-doc, lite-doc and no-doc loans up to $500,000 may be available for eligible ABN holders without full financials. Full-doc can cover larger multi-machine packages.
Adding another machine later? Ask for a limit or variation so the next purchase does not start from scratch.
Fast approvals on a multi-machine list
Same-day pre-approval and decisions within 24 to 48 hours may be available on eligible files, including when one of the machines is at auction. Pre-approvals can be valid for 90 days while you lock in the rest.
Compare quotes on the full list
Already have dealer or bank quotes on several machines? Send the lot through. We compare rates, repayments, fees, terms and structure across 80+ lenders. Free. No cost if you do not proceed.
Machinery loans for multiple machines in Sydney, Melbourne, Brisbane, Perth, Adelaide, Gold Coast, Canberra and Darwin uses the same national panel.
One application. 80+ lenders. Multiple machines, plant, yellow goods and machinery Australia-wide. One dedicated broker for this deal and every machine after it.
Get a multi-machine comparison — call Simon on 0417 000 316 or submit a quote with the full list attached.
Why get a loan with Overdrive Machinery Finance
Free service with no upfront costs or hidden fees.
Overdrive is a specialist machinery finance broker comparing 80+ banks and non-bank lenders on one application. Explore machinery finance across every machine type, or get a free quote in minutes.
Machine Loan Solutions
Whatever your situation, there's a loans structure to suit — we'll match you to the right one for your business.
Machinery We Finance
Caterpillar
305, 320, 336, D6, D8
Komatsu
PC130, PC200, PC300, D61, WA380
Hitachi
ZX135, ZX210, ZX350, EX300
Volvo
EC140, EC220, EC380, L90, L120
John Deere
310, 410, 644, 870G
JCB
3CX, 4CX, JS130, JS220, Teletruk
Plus Liebherr, Terex, Bobcat, Manitou, Case, New Holland and more.
Low Doc, Light Doc & Full Doc Machinery Finance
When applying for machinery finance, lenders will generally offer Low Doc, Light Doc or Full Doc options. The right choice depends on your business structure, trading history, and the type of machine you're purchasing.
| Feature | Low Doc Machinery Finance | Light Doc Machinery Finance | Full Doc Machinery Finance |
|---|---|---|---|
| Financial Statements Required | No | No | Yes |
| BAS Statements Required | No | Usually | Sometimes |
| Business Bank Statements | No | Yes | Sometimes |
| Approval Speed | Fastest | Fast | Standard |
| Interest Rates | Higher | Competitive | Most Competitive |
| Borrowing Capacity | Up to $500k | Up to $500k | Up to $10m+ |
| Ideal Outcome | Quick approval with minimal paperwork | Balance of flexibility and pricing | Best pricing and maximum borrowing power |
Which Option Is Right For You?
Need help deciding? Our finance specialists will assess your circumstances and recommend the most suitable asset finance solution for your business.
| If You Are… | Recommended Option |
|---|---|
| Self-employed or businesses with limited financial records | Low Doc |
| Businesses with bank statements and BAS available | Light Doc |
| Businesses with full financials | Full Doc |
Low Doc Machinery Finance
Low Doc finance is designed for borrowers who want a simple, streamlined approval process. In most cases, no financial statements or BAS statements are required. Approval is generally based on your ABN history, credit profile, and the asset being financed.
Light Doc Machinery Finance
Light Doc finance provides a middle ground between Low Doc and Full Doc lending. Borrowers can often qualify using recent business bank statements and limited supporting documentation, without the need for full financial accounts.
Full Doc Machinery Finance
Full Doc finance is suitable for borrowers who can provide complete financial records and supporting documentation. This option typically offers the most competitive rates and highest borrowing capacity.
Machinery Loans for Multiple Machines — frequently asked questions
Can I get a loan on a new or used machinery finance for multiple machines?
Yes — we arrange new and used machinery finance for multiple machines loans bought from dealers, private sellers or at auction, with the rate and term matched to the asset.
What interest rate will I get on a machinery loan?
Rates start from 6.55% p.a. for a strong, asset-backed machinery loan and move up with the age of the machine, the term, any deposit and your credit profile. Because we compare a panel of lenders on one application, we quote the sharpest rate you actually qualify for rather than a single bank's rate card.
Can I get a machinery loan without financials (low-doc)?
Yes. For an eligible loan under a lender limit we can arrange a low-doc machinery loan with no tax returns or BAS, on the strength of your ABN age, GST registration and clean credit. It typically needs a 2+ year ABN and sits slightly above a full-doc rate.
Who can apply for a machinery loan?
ABN holders — sole traders, partnerships and companies. Commercial lending to ABN holders sits largely outside consumer credit rules, which usually means a faster, simpler process than a personal loan.
Does enquiring about a machinery loan affect my credit score?
No. The initial enquiry is a soft check only and does not affect your credit score. We only lodge a formal loan application to a lender once you have seen the numbers and told us to proceed.
Do I need a deposit for a machinery loan?
Not always. $0-deposit machinery loans are available for eligible deals, subject to assessment. A deposit or trade-in can help with a newer ABN or an older asset, and it lowers the amount borrowed and your repayments.
What loan terms are available?
Machine loan terms typically run from 1 to 7 years. A longer term lowers the repayment but costs more interest overall; a shorter term costs less interest but repays faster. We help you balance cash flow against total cost.
Can I get a loan on a new or used machine?
Both. We arrange loans for new machines (dealer stock and factory orders) and used machines bought from a dealer, at auction or from a private seller. On a used machine, its age, kilometres and condition can affect the rate and term.
Can I buy from a private seller or at auction with a machinery loan?
Yes. For a private sale the lender verifies ownership and checks the machine is clear of existing finance (a PPSR check) before releasing the loan funds. We manage that process with you.
How does a balloon or residual work on a machinery loan?
A balloon (or residual) is a lump sum set aside to the end of the term. It lowers your regular repayments now, which suits operators who refresh machines every few years — you pay it out, refinance it, or trade in at term end.
How quickly can a machinery loan be approved?
For a straightforward, asset-backed machinery loan we can often come back with an indicative answer the same business day, with conditional approval frequently inside 24 hours, and settlement within a few days once documents are in.
Machine loans by type
What Our Clients Say
★★★★★ 5.0 / 5 based on our Google reviews
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Free quote in minutes, decisions in 24–48 hours. No obligation, no credit-score impact to enquire.
What Our Clients Say
★★★★★ 5.0 / 5 based on our Google reviews