Business vehicles
Eligible cars, utes, vans and other vehicles used for business purposes.
Asset & Equipment Finance
Put the right assets to work without putting growth on hold.
Finance guidance for eligible vehicles, machinery, technology, medical equipment and other income-producing business assets.
New and eligible used assetsCash-flow objectives consideredSuitable lenders compared
Eligible business assets
Finance the equipment your business needs to operate and grow.
Depending on the asset and business circumstances, finance may be available without requiring the full purchase price to be paid upfront.
Trucks and transport
Eligible heavy vehicles, trailers and transport-related business assets.
Machinery
Construction, manufacturing, agricultural and other eligible operational equipment.
Medical equipment
Eligible diagnostic, treatment and practice equipment for healthcare businesses.
Technology
Eligible technology, communications and specialised systems used by the business.
Office and specialist assets
Eligible office fit-out items and other income-producing business equipment.
How asset finance is assessed
The asset and the business are considered together.
Lender requirements can vary depending on what you are purchasing, how it will be used and the financial position of the applicant.
Asset eligibility, loan terms, pricing, documentation and approval depend on the lender, borrower and transaction. Tax and accounting treatment should be discussed with an appropriately qualified adviser.
✓Asset type and useWhat the asset is, how it supports the business and whether it is acceptable security.
✓Age and conditionWhether the asset is new or used, its age, condition and expected useful life.
✓Purchase priceInvoice value, requested amount, deposit or contribution and related costs.
✓Trading historyLength of time operating, industry and relevant business experience.
✓Financial positionRevenue, profitability, cash flow, liabilities and existing commitments.
✓Repayment structureProposed term, payment profile and any end-of-term amount or conditions.
How LNO Mortgages helps
Match the finance structure to the asset and cash-flow objective.
We review the proposed purchase and business position before comparing appropriate options from the available lender panel.
Understand the purchase
Discuss the asset, supplier, price, intended use, timeframe and business objective.
Review the business
Assess available financial information, trading history and existing commitments.
Compare suitable options
Consider lender appetite, structure, term, repayments and documentation requirements.
Progress the finance
Prepare the application and coordinate the approved transaction with the relevant parties.
Structuring considerations
Look beyond the monthly repayment.
The suitable structure should reflect the asset’s role, expected useful life and the business’s wider cash-flow position.
The asset
Match the term to the equipment.
Asset age, condition, resale value and useful life can influence available lenders and loan terms.
- New versus eligible used assets
- Purchase from a dealer or private seller
- Asset condition and expected use
- Security and insurance requirements
The business
Consider the effect on cash flow.
Deposit size, repayment frequency, term and any residual or balloon amount can change the payment profile and total cost.
- Upfront contribution
- Repayment amount and frequency
- Loan term and total cost
- End-of-term obligations
Tax and accounting treatment can differ.
LNO Mortgages provides lending assistance, not tax or accounting advice. Discuss ownership, GST, deductions, depreciation and the treatment of any finance structure with your qualified adviser.
Discuss your asset purchase
Tell us what your business needs next.
Share a few initial details about the asset and business. The LNO Mortgages team will contact you to discuss the information needed for a preliminary finance review.
Phone0413 219 624
Service areaCastle Hill, the Hills District, Greater Sydney and Australia-wide
Asset finance FAQs
Useful answers before you purchase.
Eligibility, structure and documentation depend on the asset, applicant and lender.
Can asset finance cover new and used equipment?
Finance may be available for new and eligible used assets. The asset’s age, condition, value, seller and expected useful life can affect lender appetite, term and documentation requirements.
Do I need to provide a deposit?
The required contribution varies by lender, asset and borrower circumstances. Some eligible transactions may involve a smaller upfront contribution, while others require a deposit or additional support.
What is a balloon or residual amount?
It is an amount remaining at the end of the agreed finance term. It can reduce regular repayments but creates an end-of-term obligation and can affect total cost. Availability and limits depend on lender policy and the asset.
What documents may the lender request?
Depending on the application, lenders may request identification, an asset invoice or quote, business financials, bank statements, tax returns, details of liabilities and evidence about the business and proposed use.
Can a newer business apply for asset finance?
Some lenders may consider newer businesses where their criteria and supporting evidence are satisfied. The asset, applicant experience, deposit, financial position and any additional support may affect the available options.
Is asset finance tax deductible?
Tax treatment depends on the structure, ownership, asset use and business circumstances. LNO Mortgages does not provide tax advice; discuss deductions, GST and depreciation with a qualified accountant or tax adviser.
Finance the asset with the business outcome in mind.
Book a confidential, no-obligation discussion with Mohit Gupta about your equipment, vehicle or business-asset requirements.
