Owner Operator Equipment Finance
We're trusted equipment finance brokers, helping ABN holders, businesses and owner-operators secure equipment loans with fast approvals up to $500,000. Rather than relying on a single bank or dealership, we compare major banks and non-bank lenders, negotiating low interest rates, fees and repayments. From application to settlement, we manage the entire process for a hassle-free experience.
Free No-Obligation Quote
Compare options with 80+ lenders. No credit impact.
Many deals we settle fall outside standard bank criteria. We find solutions where banks can't.
Bank Rates Without The Queue Or Paperwork
- One application. Multiple options to choose from.
- Free service, no hidden fees, ever
- Solutions for all credit profiles and ABN lengths
- Established companies, start-ups, SMEs to owner-operators
- No deposit, $0 down options and no additional security
- Low doc & no financials require zero paperwork
- Buy new or used from dealerships, private sellers & auctions
- Available 7 days a week, including evenings and weekends
Equipment Finance Australia Australia Wide
Low-Rate Owner Operator Equipment Finance Australia
Owner-operators have a straightforward finance profile that many specialist lenders on our panel actively want to support. Whether you're buying your first piece of equipment or expanding your business capabilities, we can find a competitive finance package.
Low-doc owner operator finance is available — many lenders only need your ABN, bank statements and a basic assets and liabilities form. No tax returns or full financials required for finance up to $500,000.
Most owner-operators are surprised at how competitive the rates are once we compare across 80+ lenders — often significantly lower than what their bank or supplier quoted.
We arrange owner operator equipment finance across all industries and equipment types — manufacturing, hospitality, construction, healthcare and more.
Get in touch with Simon for a free, no-obligation quote and discover how much you could save on equipment finance.
Equipment We Finance
We arrange finance for all new and used equipment:
- Manufacturing Equipment
- Mechanical Equipment
- Industrial Equipment
- Agricultural Equipment
- Farm Equipment
- Forestry Equipment
- Transport Equipment
- Logistics Equipment
- Material Handling Equipment
- Workshop Equipment
- Construction Equipment
- Mining Equipment
- Quarry Equipment
- Earthmoving Equipment
- Medical Equipment
- Dental Equipment
- Healthcare Equipment
- Food Processing Equipment
- Hospitality Equipment
- IT Equipment
- Technology Equipment
- Printing Equipment
- Woodworking Equipment
- Cabinet Making Equipment
- Fitness Equipment
- Commercial Equipment
Range Of Solutions
We provide custom solutions to support your business at every stage of growth:
- No doc equipment finance
- Lite doc equipment finance
- Low doc equipment finance
- No financials equipment finance
- Full doc equipment finance
- No deposit equipment finance
- Bad credit equipment finance
- Used equipment finance
- New equipment finance
- Chattel mortgage
- Equipment lease
- Hire purchase
- Rent-to-own
Unbeatable Rates - Always Compare Before Signing
We're known for securing the cheapest 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 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 equipment finance comes along. Simply send us the invoice and we'll arrange settlement and release the funds.
Equipment We Finance
We finance any new or used equipment from dealerships, private sellers and auctions:
- Manufacturing Equipment
- Mechanical Equipment
- Industrial Equipment
- Agricultural Equipment
- Farm Equipment
- Forestry Equipment
- Transport Equipment
- Logistics Equipment
- Material Handling Equipment
- Workshop Equipment
- Construction Equipment
- Mining Equipment
- Quarry Equipment
- Earthmoving Equipment
- Medical Equipment
- Dental Equipment
- Healthcare Equipment
- Food Processing Equipment
- Hospitality Equipment
- IT Equipment
- Technology Equipment
- Printing Equipment
- Woodworking Equipment
- Cabinet Making Equipment
- Fitness Equipment
- Commercial Equipment
Unbeatable Rates - Always Compare Before Signing
We're known for securing the cheapest 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 For Owner Operator Equipment Finance Before You Buy
A 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 equipment comes along.
Simply send us the invoice and we'll arrange settlement and release the funds.
Why Use An Equipment Finance Broker?
At Overdrive Funding, we do more than arrange equipment loans — we help businesses secure the right finance solution to support growth and improve cash flow.
Rather than being limited to one bank, we compare over 80 lenders to access competitive rates, flexible terms, and stronger approval opportunities.
Whether you're financing a single asset or a complete business operation, we provide tailored equipment finance solutions for manufacturing, mechanical, woodworking, agricultural, construction, transport, and commercial equipment, with fast approvals, flexible repayments, and competitive rates on new and used assets.
Our goal is simple: make equipment finance faster, easier, and more affordable while helping you secure the best possible outcome.
What can a broker offer that a bank cannot?
New ABN & Low Doc
Finance available from day one of your ABN, with low doc options up to $500k without full financial statements for eligible applicants.
All Credit Profiles
Solutions for businesses with defaults, past credit issues or circumstances that fall outside standard bank lending criteria.
Private Sales & Auctions
Finance for equipments purchased from private sellers, auction houses and interstate dealers — not just franchised dealerships.
Older Equipments Welcome
Finance for equipments up to 25 years old at end of loan term, including older stock that most banks won't touch.
Asset-Specific Knowledge
Equipment finance has unique valuation, age and security requirements. A broker who writes these deals daily knows which lenders suit your asset type.
Speed
Applications submitted in the format a particular credit team expects move faster. Approvals in 24 to 48 hours are achievable on straightforward deals.
Protecting Your Credit File
A broker who knows which lender fits does not need to scatter applications across the market. Multiple enquiries in a short window can work against you.
Preserving Your Bank Facilities
Financing the equipment away from your main bank keeps your overdraft and other lines free for working capital.
Structuring Options
Term, balloon and repayment frequency shaped around what the asset earns rather than a standard template.
Why Choose Us As Your Broker?
A selection of options available for this type of finance.
- 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 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 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.
What Matters
Overdrive Funding
Banks
Dealership Finance
Other Finance Brokers
Lender Access
Your Credit Profile
Finance Options
Broker Service Fees
Approval Times
Flexible Lending
Asset Eligibility
Personal Service
After-Hours Support
Ongoing Support
Lender Access
Overdrive Funding
One application. Major banks and 80+ lenders compared.Banks
One lender, their own product onlyDealership Finance
Selected finance partnersOther Finance Brokers
Typically a smaller panel of lendersYour Credit Profile
Overdrive Funding
One soft credit check while we quoteBanks
A hard enquiry on every direct applicationDealership Finance
Hard credit enquiry without rate comparisonOther Finance Brokers
Usually shops you around to multiple lendersFinance Options
Overdrive Funding
We deliver multiple options across low doc, full doc and moreBanks
One product, full financials and paperwork requiredDealership Finance
One rate offered, only available todayOther Finance Brokers
Quotes one rate, tells you it's the best dealBroker Service Fees
Overdrive Funding
Bank rates without the queue or paperworkBanks
Bank fees may applyDealership Finance
Finance fees may applyOther Finance Brokers
Typically charges an additional service fee at settlementApproval Times
Overdrive Funding
Often within 24–48 hours for eligible applicationsBanks
Slow process, typically weeksDealership Finance
Often fast but rate is often non-negotiableOther Finance Brokers
Varies by broker and panelFlexible Lending
Overdrive Funding
New ABNs, low doc and credit challengesBanks
Conservative, minimal policy exceptionsDealership Finance
Subject to lender policyOther Finance Brokers
Depends on lender panelAsset Eligibility
Overdrive Funding
New, used and older equipment up to 25–30 yearsBanks
Asset age restrictions may applyDealership Finance
Limited to dealer stockOther Finance Brokers
Depends on lender accessPersonal Service
Overdrive Funding
Direct access to Simon, the DirectorBanks
No direct numbers, rotating staff and call centresDealership Finance
A salesperson upselling financeOther Finance Brokers
High staff turnover, clients passed between brokersAfter-Hours Support
Overdrive Funding
Available 7 days a week, including evenings and weekendsBanks
Generally business hoursDealership Finance
Dealership trading hoursOther Finance Brokers
Typically no after hours or weekend supportOngoing Support
Overdrive Funding
Assistance before, during and after settlementBanks
Hard to reach with little contact after settlementDealership Finance
Typically none after the saleOther Finance Brokers
Focuses on quick deals and onto the nextWhat To Expect When Working With Us
Our Simple Process
From your first enquiry to finance approval, settlement and ongoing support — no call centres, no handovers, no unnecessary paperwork.
- 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.
Better rates. Smarter finance. Bigger opportunities.
One purchase or a bigger funding plan — start with a free conversation.
Repayment Calculator
Equipment finance calculator
Use our free online equipment finance calculator to estimate monthly loan repayments and compare interest rates, loan terms and balloon payments. Simply enter your loan amount, interest rate, repayment term and balloon amount to calculate your estimated equipment finance repayments in seconds.
Need help?
Loan term
Balloon / residual
Repayment frequency
Your indicative repayment
$3,005/month
≈ $692/week
7.49% p.a. · 5 years · 0% balloon
Loan principal: $150,000
Ready to see your true rate?
This is indicative at 7.49% p.a. Your actual rate depends on the equipment, your ABN history and credit profile. Get a personalised quote — no credit impact, no obligation.
Indicative only. Does not represent an offer of credit. Assumes 7.49% p.a. fixed, secured loan for business use. Does not include fees, charges or individual circumstances. Actual rate subject to lender criteria and credit assessment.
Reviews
What Our Clients Say
★★★★★ 5.0 / 5 based on our Google reviews
FAQ
Owner Operator Equipment Finance — Frequently Asked Questions
Common questions about this type of finance — answered.
Can a sole trader get equipment finance?
Yes. Sole traders are eligible for commercial equipment finance on the same terms as companies. Finance is typically documented in your personal name trading as your business name.
What documents does a sole trader need for equipment finance?
Low-doc: ABN, driver's licence, 3–6 months business bank statements. Full-doc adds your personal tax returns — for sole traders these serve as both personal and business financial evidence. We'll confirm the minimum required for your situation.
Do sole traders pay higher equipment finance rates than companies?
Not necessarily. Rates are determined by your credit profile, ABN age and financial position — not your business structure. A sole trader with a strong credit history and established ABN can access rates as competitive as a company.
Can I finance equipment in my personal name as a sole trader?
Yes. Many sole traders finance equipment in their personal name, which is perfectly acceptable to most lenders. The same commercial products and rates apply.
Is low-doc equipment finance available for sole traders?
Yes. Sole traders are well-suited for low-doc finance since your personal financials reflect your business. We can typically arrange low-doc approval using your ABN and bank statements, with no tax returns required up to $500k.
What loan terms are available for sole trader equipment finance?
12 months to 7 years, same as company borrowers. You can also include a balloon payment to reduce regular repayments. We'll structure the loan to suit your cashflow.
Can a sole trader get equipment finance with less than 12 months ABN history?
Yes, with specialist lenders. Options are more limited below 12 months, but specialist lenders assess sole trader applications based on personal credit history, income evidence and industry background.
Is a deposit required?
No deposit is required for eligible ABN holders with a strong credit and trading profile. A deposit can help improve your rate or secure approval if your credit profile is less straightforward.
Can I finance a used asset?
Yes. Finance is available for new and used assets. Age limits vary by lender and asset type. We identify the right lender for your specific asset.
How quickly can I get approved?
Most applications receive a decision within 24–48 hours. Once approved, your pre-approval is valid for 90 days.
Can I get low doc finance?
Yes. Low doc (no financial statements) finance is available up to $500,000 for eligible ABN holders. We typically need your ABN, driver's licence and bank statements.
Can I finance from a private seller?
Yes. We arrange finance for assets purchased from private sellers anywhere in Australia. The lender pays the seller directly on settlement.
Can I finance with bad credit?
Yes. Specialist lenders on our panel consider applicants with a range of credit profiles, including those who have been declined by banks.
What is the typical loan term?
Loan terms typically range from 2 to 7 years depending on the asset type, value and your cash flow requirements.
Can I refinance existing finance?
Yes. Refinancing can reduce your rate, lower repayments or release equity. We compare refinance options across 80+ lenders.
Are repayments tax-deductible?
Interest repayments under a chattel mortgage are tax-deductible. You can also claim depreciation on the asset and GST upfront. Speak with your accountant about your specific situation.
Is insurance required?
Yes. Most lenders require comprehensive insurance before settlement. We can assist with arranging cover.
Can I use a balloon payment?
Yes. A balloon payment reduces monthly repayments by deferring a lump sum to the end of the term. We size it to match the asset's expected resale value.
Does applying affect my credit score?
No. Submitting an enquiry with us doesn't affect your credit score. We only proceed to a formal credit application with your explicit approval.
What is the minimum loan amount?
Most lenders have a minimum of $10,000–$20,000 for asset finance. We'll confirm the minimum for your specific asset type.
Lending Panel
Access to 80+ Lenders In One Place
Overdrive Commercial Funding is directly accredited with all major banks, commercial non-bank, specialist and private lenders.
