Sale & Leaseback for Machines
Sale and leaseback machinery finance lets your business unlock cash from a machine you already own while continuing to use it. The machine is sold to a finance provider and leased back to your business, giving you access to working capital while keeping the machine on the road.
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
Sale and Leaseback for Machinery: Unlock Cash From Your Existing Equipment
Own plant, yellow goods or machinery outright or have significant equity? A sale and leaseback may allow your business to unlock cash tied up in existing equipment while continuing to use it in day-to-day operations.
We help Australian businesses, contractors and fleet operators compare machinery sale and leaseback finance across suitable commercial lenders.
What Is a Sale and Leaseback for Machinery?
A machinery sale and leaseback is a commercial finance arrangement where your business sells an existing machine to a finance provider and then leases it back under an agreed arrangement. Your business receives funds from the sale while continuing to use the equipment for normal operations.
How It Works
The lender values your machine, purchases it from your business and leases it straight back to you. You receive the agreed funds and continue using the same machine while making fixed lease repayments over an agreed term. Nothing changes operationally.
When a Machinery Sale and Leaseback Makes Sense
A machinery sale and leaseback may be worth considering when you want to free up working capital, fund a deposit on another machine, cover a large business outgoing, release equity from equipment you own outright, or support a new contract or business expansion.
Sale and Leaseback for Used Machinery
Sale and leaseback finance can potentially be arranged against existing used plant, yellow goods and machinery, subject to lender criteria. The lender considers the machine's age, make and model, condition, hours, market value, existing finance and expected remaining useful life.
Sale and Leaseback Tax & GST Considerations
Selling a business asset and leasing it back can have GST, accounting and taxation implications. Speak with your accountant or tax adviser before proceeding.
Compare Machinery Sale and Leaseback Options
We compare suitable options based on machine value, equity available, existing finance, repayments, fees, term and overall structure. Free to compare. No cost if you don't proceed.
Get a Machinery Sale and Leaseback Quote
One application. Competitive commercial finance options across Australia. One dedicated broker from assessment through to settlement. No handovers. No call centres.
Why finance 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 Finance Solutions
Whatever your situation, there's a finance 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.
Sale & Leaseback for Machines — frequently asked questions
What is sale and leaseback for machines?
Sale and leaseback allows your business to sell an existing machine to a finance provider and lease it back for continued business use. This can release cash tied up in machines your business already owns without taking them off the road.
How does machine sale and leaseback work?
With a machine sale and leaseback, the finance provider purchases an eligible machine from your business and leases it back to you. Your business receives funds from the sale and continues using the machine while making regular lease payments over an agreed term.
Why would a business use sale and leaseback for a machine?
Businesses may use machine sale and leaseback to unlock equity in existing machines and improve working capital or cash flow. It can provide access to funds while allowing the machines to remain in operation and generating income for the business.
Can I release cash from a machine I already own?
Yes. If your business owns an eligible machine outright, a sale and leaseback may allow you to release some of the value held in the machine. The amount available will depend on factors including the machine’s age, condition, market value and lender criteria.
Can I use sale and leaseback for multiple machines?
Yes, subject to lender approval. Businesses with multiple eligible machines may be able to use sale and leaseback across several vehicles to release capital from an existing fleet while continuing to use the machines.
What machines can be used for sale and leaseback?
Sale and leaseback may be available for different types of commercial machines, including excavators, rigid machines, tippers and refrigerated machines. Machine age, condition, ownership and market value can affect lender eligibility.
Who owns the machine after a sale and leaseback?
Once the sale is completed, the finance provider generally owns the machine and your business leases it back under the agreed terms. Your business continues to use the machine for its operations.
How much can I borrow with a machine sale and leaseback?
The amount available will depend on the value of the machine or machines, their age and condition, your business circumstances and the lender’s criteria. A valuation may be required to determine how much capital can be released.
Can sale and leaseback help business cash flow?
Yes. One of the main reasons businesses consider a machine sale and leaseback is to release capital tied up in vehicles. The funds may provide additional working capital while allowing the business to continue using the machines.
What is the difference between sale and leaseback and refinancing a machine?
Machine refinancing generally replaces or restructures existing finance while you retain the existing ownership structure. A sale and leaseback involves selling the machine to a finance provider and leasing it back. Which option is suitable will depend on your machine, existing finance, cash flow requirements and business circumstances.
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★★★★★ 5.0 / 5 based on our Google reviews