New ABN Equipment Finance
Starting a new business doesn't mean waiting years to access equipment finance. We compare 80+ lenders including specialists who approve new ABNs and start-up businesses — helping you get the equipment you need from day one. Our service is 100% free.
Free No-Obligation Quote
Compare options with 80+ lenders. No credit impact.
Every enquiry lands directly with Simon, Director.
95%
Approval Success Rate
$380M+
Total Volume Funded
24
Hour Decisions
$0
Cost To Use Our Service
Low-Rate New ABN Equipment Finance Australia
Many mainstream banks require 2+ years of tax returns and financials before approving equipment finance. But specialist lenders on our panel take a different approach — assessing new ABN holders and start-up businesses based on credit profile, asset quality and available deposit rather than years of trading history.
For new ABNs with clean personal credit and a deposit available (typically 10–20%), approval is achievable for well-known equipment from major brands. The stronger your personal credit and the more recognised the asset, the better the options available.
We compare 80+ lenders to find the best deal for your new business — and our service is completely free. If you've just started your ABN and need equipment, contact us first before applying anywhere else.
Low doc new ABN equipment finance is available to eligible applicants with as little as 6 months of ABN registration — no tax returns or BAS required.
We arrange start-up equipment finance for excavators, forklifts, trucks, trailers, tractors, CNC machines, generators and all other commercial plant and equipment.
Call Simon today for a free assessment. We'll tell you exactly what's available for your ABN age, credit profile and equipment purchase — with no impact on your credit score.
Equipment We Finance for New ABN Holders
We arrange new ABN equipment finance for all asset types across Australia.
- Excavators & earthmoving plant
- Forklifts & elevated work platforms
- Trucks — prime movers, tippers, rigids
- Trailers & semi-trailers
- Tractors & farm equipment
- CNC machines & manufacturing plant
- Generators & power equipment
- Cranes & lifting equipment
- Mining & drilling equipment
- All commercial equipment types
What Helps New ABN Applications Get Approved
Factors that improve your chances of approval with a new ABN.
- Clean personal credit history
- 10–20% deposit available
- Well-known brand asset (Cat, Komatsu, etc.)
- Strong personal income evidence
- ABN registered for at least 6 months
- GST-registered (even if new)
- Business bank account established
- Equipment purchased from a dealer
- Low loan-to-value ratio
- Experienced operator in the industry
Range Of Solutions
We provide custom solutions to support your business at every stage of growth:
- No doc new ABN equipment finance
- Low doc new ABN equipment finance
- No deposit new ABN equipment finance
- Bad credit new ABN equipment finance
- Used new ABN equipment finance
- Chattel mortgage
- New ABN equipment lease
- Commercial hire purchase
- Rent-to-own
- Refinancing
Unbeatable Rates - Always Compare Before Signing
We're known for securing the cheapest new ABN equipment finance rates, consistently beating quotes from banks, dealerships, and other brokers. Through our free equipment loan comparison service, we'll compare any quote against our panel to secure you a lower rate with reduced repayments. Never rely on a verbal interest rate. Many brokers and dealer quote rates over the phone without disclosing all fees and charges, making finance appear cheaper than it really is. That's why it's essential to get your quote in writing to compare actual repayments, as they reveal the true cost of the loan. If you've received a quote, send it through for a free review. We'll break down the interest rate, repayments, fees, loan structure, and total cost, identify any hidden charges, and let you know if a better deal is available. A few minutes spent comparing finance options could save your business thousands over the life of the loan.
Get Pre-Approved Before You Buy
A new ABN equipment finance pre-approval gives you a real advantage when buying from a dealership, auction, or private seller. With finance already in place, you'll know exactly what you can afford and have greater negotiating power as a serious buyer. We'll confirm your borrowing capacity, interest rate, loan term, and estimated repayments upfront. With decisions available in as little as 24 hours and approvals valid for up to 90 days, you'll be ready to act when the right new ABN equipment finance comes along. Simply send us the invoice and we'll arrange settlement and release the funds.
Why Choose Us As Your Broker?
- Free service with no upfront costs or hidden fees
- One broker for the life of your business, no handovers
- 30+ years experience and industry knowledge
- Australian family-owned and operated
- We save every client hundreds to thousands of dollars
- No wait times, direct access to Simon every time
- We can beat bank, dealer and competitor quotes
- We guarantee clear title transfer
- We protect what matters—your credit score
- We build trust by being honest and transparent
- Established, new and 1 day ABNs
- Expert and strategic negotiation approach
- Solutions for various credit profiles
- Tax benefits (asset depreciation)
- 24/7 support as we know business never stops
Can't Be Beaten On Price Or Service
Want the best deal on new ABN equipment finance? We're known for delivering low rates in all major cities and surrounding regional areas across NSW, VIC, QLD, WA, SA, TAS, ACT and NT.
Low Doc, Light Doc & Full Doc New ABN Equipment Finance
When applying for equipment finance, lenders will generally offer Low Doc, Light Doc or Full Doc options. The right choice depends on your business structure and the financial records you're able to provide.
Low Doc Equipment Finance
Light Doc Equipment Finance
Full Doc Equipment Finance
| Feature | Low Doc Equipment Finance | Light Doc Equipment Finance | Full Doc Equipment 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 Equipment 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 Equipment 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 Equipment 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.
Compare Your Options
Why Businesses Choose Overdrive
See how going through Overdrive compares to a bank, a typical broker, or dealership finance.
WORKING WITH US
MULTIPLE LENDERS, ONE APPLICATION
GOING TO BANK
ONE RATE, ONE CREDIT POLICY
TYPICAL FINANCE BROKER
LIMITED PANEL, GENERALIST APPROACH
DEALERSHIP FINANCE
ONE OPTION, THEIR RATE
Working With Us
80+ lenders compared in one applicationGoing to Bank
One lender, their own products onlyTypical Finance Broker
A limited lender panel of 10-30 lendersDealership Finance
One or two finance partners, or a broker they refer you toWorking With Us
We deliver you 2-3 options to choose fromGoing to Bank
One product, full financials requiredTypical Finance Broker
Gives you one option, tells you this is the best dealDealership Finance
One rate offered, take it or leave itWorking With Us
100% free — we don't charge any in-house service feesGoing to Bank
Charges application/establishment fees and document feesTypical Finance Broker
Typically charges a service fee at settlementDealership Finance
Cost built into an inflated priceWorking With Us
Approvals often within 24-48 hoursGoing to Bank
Slow — weeks, through many handsTypical Finance Broker
Varies, depends on their panelDealership Finance
Fast, but rate is often non-negotiableWorking With Us
Fast pre-approval valid for 90 daysGoing to Bank
Slow or no pre-approval before you buyTypical Finance Broker
Available, panel-dependentDealership Finance
Tied to that one vehicle onlyWorking With Us
Specialist lenders for tougher credit profilesGoing to Bank
Conservative — minimal policy exceptionsTypical Finance Broker
Some flexibility, panel-dependentDealership Finance
Prime borrowers onlyWorking With Us
One soft credit check while we quoteGoing to Bank
A hard enquiry on every direct applicationTypical Finance Broker
Usually shops you around, making multiple enquiriesDealership Finance
Hard credit enquiry without rate comparisonWorking With Us
Independent — We work for our clients and on their time, no pushy sales or rushGoing to Bank
Serves the bank, not youTypical Finance Broker
Sales and volume-focused, not looking out for your best interest and pushing to sign contractDealership Finance
Serves the dealer's finance targets with pressure to sign on the spotWorking With Us
Direct access to Simon, the DirectorGoing to Bank
No direct numbers, with rotating staff and call centresTypical Finance Broker
High staff turnover — clients passed between brokersDealership Finance
A salesperson upselling financeWorking With Us
Available 7 days a week, including after hoursGoing to Bank
Business hours onlyTypical Finance Broker
Business hours only with no weekend supportDealership Finance
Showroom hours onlyWorking With Us
Older equipment up to 15-25 years by end of termGoing to Bank
Tightly capped asset age limitsTypical Finance Broker
Depends on their limited panelDealership Finance
New & near-new stock focusWorking With Us
Buy from any dealer, private seller or auctionGoing to Bank
Restrictions may applyTypical Finance Broker
Usually dealer or private onlyDealership Finance
That dealership onlyWorking With Us
Full support through settlement & beyondGoing to Bank
Little contact after settlementTypical Finance Broker
Focuses on converting sales rather than long-term supportDealership Finance
None after the saleOur Simple Process
- 01
Consult, Offer & Decide Together
Speak to one of our experts about your business needs, and we'll offer tailored finance options, ensuring we secure the best rates for your specific asset and situation. We'll go over terms and decide which is the best solution for you.
- 02
Conditional Approval
We conduct a soft-touch evaluation of your profile to match you with the right lender for pre-approval. Once you're pre-approved, you can shop confidently for 90 days. If you've found your equipment, we'll initiate the process and take care of all the admin.
- 03
Sign Documents and Get Funded
When the lender is prepared to settle, you'll receive the contract for your review and signature. After settlement, it's time to pick up your asset.
- 04
On-Going Support
Once your loan is completed, we'll support you with any related admin, such as payouts, statements, etc.
FAQ
New ABN Equipment Finance — Frequently Asked Questions
Lending Panel
Access to 80+ Lenders In One Place
Access to Australia's leading commercial lenders lets us compare the market and tailor competitive, flexible finance solutions to each client\'s unique needs.
