Machinery finance in Australia can give a new civil construction business a way to purchase its first excavator without waiting years to build up financial history or using all of its available cash upfront.

For a new owner-operator, the first excavator can completely change what the business is capable of.

Instead of hiring machinery for every job, relying on another contractor's availability or turning down work that needs your own machine, owning an excavator gives the business more control over scheduling, capacity and the type of projects it can take on.

The challenge is getting the finance approved when the ABN is new.

A recently registered business may not have two years of financial statements, completed tax returns or a long commercial repayment history. That does not automatically mean excavator finance is unavailable.

Selected machinery finance providers can consider the complete background behind the business, including previous civil construction experience, current work, upcoming contracts, bank statement activity, credit history, available deposit and the excavator being purchased.

The Asset Finance Shop (TAFS) is a specialised asset finance broker with access to more than 80 bank and non-bank lenders. Our internal credit team can assess a civil construction start-up before a formal lender application is made, helping identify lenders that suit newer ABNs, low doc applications and first-time machinery buyers.

For straightforward applications where the required information and excavator details are available, approval can be arranged in as little as 24 hours.

This guide explains how excavator finance works for Australian civil construction start-ups, what lenders assess, what documents can help and how to prepare for a faster machinery finance approval.

Can a Civil Construction Start-Up Finance Its First Excavator?

Potentially, yes.

Having a new ABN does not automatically mean you need to wait one or two years before applying for equipment finance.

Different lenders have different requirements.

Some prefer established businesses with longer trading histories.

Selected lenders can consider newer civil construction businesses where the overall application supports the purchase.

For a first excavator application, the lender may consider:

• ABN age
• Previous civil construction experience
• Excavator operating experience
• Current work
• Upcoming contracts
• Bank statement activity
• Personal and business credit history
• Available working capital
• Deposit
• Excavator value
• Purchase price
• Expected repayments

A new business may have limited trading history, but the person behind it could have ten or fifteen years of industry experience.

That distinction matters.

A New ABN Does Not Always Mean a New Operator

Consider this example:

ABN age: 6 months
Civil construction experience: 12 years
Previous role: Excavator operator and subcontractor
Current work: Existing excavation and civil projects
Asset: Used 8-tonne excavator

Looking only at the ABN could make the business appear inexperienced.

Looking at the full background tells a different story.

The operator already understands:

• Machine operation
• Civil works
• Project pricing
• Fuel costs
• Maintenance
• Transport
• Site requirements
• Customer expectations

That experience can form an important part of a start-up equipment loan application.

What Is Excavator Finance?

Excavator finance is commercial asset finance used to purchase an excavator for business use.

Rather than paying the entire purchase price upfront, the business finances the machine and repays the lender over an agreed term.

TAFS primarily arranges excavator purchases using a chattel mortgage.

Under a chattel mortgage:

• Your business owns the excavator from settlement
• The lender registers security over the machine
• Finance is repaid over an agreed term
• A deposit may be included
• A trade-in may contribute
• A balloon payment may be available
• The lender removes its security after the finance has been repaid

This structure allows the business to put the machine to work while paying for it over time.

What Excavators Can Be Financed?

Selected lenders can finance a broad range of excavators used in Australian civil and earthmoving businesses.

This can include:

• Mini excavators
• Compact excavators
• 5-tonne excavators
• 8-tonne excavators
• 14-tonne excavators
• 20-tonne excavators
• 30-tonne and larger excavators
• Wheeled excavators
• Long-reach excavators
• Specialised excavation equipment

New and used excavators can potentially be financed.

The lender will generally assess:

• Manufacturer
• Model
• Year
• Operating hours
• Condition
• Purchase price
• Market value
• Expected working life

Can Excavator Attachments Be Included?

Potentially.

Attachments can sometimes be included in the same machinery finance facility as the excavator.

This may include:

• Buckets
• Augers
• Rippers
• Hydraulic breakers
• Rock grabs
• Tilt hitches
• Compaction wheels
• Other excavation attachments

For example:

Excavator: $125,000
Attachments: $20,000
Total equipment package: $145,000

TAFS can review whether the complete equipment package can be financed together.

New vs Used Excavator Finance

Both new and used excavators can be financed.

The right option depends on the business and how the machine will be used.

New Excavator

A new machine may provide:

• Manufacturer warranty
• Lower initial hours
• Predictable maintenance
• Longer expected working life
• Potentially stronger lender options

The trade-off is a higher purchase price.

Used Excavator

A used machine may provide:

• Lower purchase price
• Lower finance requirement
• Immediate availability
• Access to models no longer available new

The lender may look more closely at:

• Age
• Operating hours
• Condition
• Service history
• Market value

A well-maintained used excavator can be a practical first machine for a civil start-up.

Can I Finance a Used Excavator With a New ABN?

Potentially.

A new ABN combined with a used machine may require more careful lender matching, but selected lenders can consider the scenario.

The lender may assess:

• Previous industry experience
• Current work
• Credit history
• Bank statements
• Deposit
• Excavator age
• Operating hours
• Purchase price
• Market value

The machine itself forms part of the lender's assessment.

How Old Can an Excavator Be for Finance?

There is no single maximum age across all machinery finance providers.

Different lenders have different policies.

One lender may be comfortable financing an older excavator.

Another may prefer newer machinery.

The lender may look at:

• Current age
• Age at the end of the finance term
• Operating hours
• Condition
• Manufacturer
• Resale demand
• Parts availability
• Remaining working life

For older equipment, the lender may offer:

• Shorter finance term
• Smaller balloon
• Different deposit requirement
• Inspection requirement
• Valuation requirement

Do Excavator Hours Matter?

Yes.

Operating hours help the lender understand how heavily the machine has already been used.

A lender may compare:

Excavator A: 7 years old with 3,500 hours

with:

Excavator B: 4 years old with 9,000 hours

Age alone does not tell the complete story.

The lender may consider operating hours together with:

• Service history
• Machine condition
• Purchase price
• Expected future workload

Can a Start-Up Buy an Excavator From a Private Seller?

Potentially.

Selected lenders can finance eligible private-sale excavators.

This can be useful where a civil start-up finds the right machine directly from:

• Another contractor
• Earthmoving business
• Civil operator
• Farmer
• Equipment owner

Private sales can require additional checks around:

• Seller identity
• Ownership
• Serial number
• Existing finance
• Purchase price
• Market value
• Machine condition

An inspection or valuation may also be required.

Can a Start-Up Finance an Excavator at Auction?

Potentially.

Selected lenders can finance eligible auction purchases.

For a start-up, completing the finance assessment before bidding can be particularly useful.

It may help establish:

• Approximate borrowing position
• Deposit requirement
• Acceptable machine age
• Finance term
• Balloon options
• Lender conditions

Final approval still depends on the excavator purchased.

Why Pre-Approval Matters Before an Auction

Winning an auction creates an obligation to complete the purchase.

That is not the ideal time to discover that the selected lender:

• Will not finance the machine's age
• Requires a larger deposit
• Needs an inspection
• Does not accept the applicant's ABN age

Completing the finance assessment first helps the buyer understand the likely boundaries before bidding.

Can a New ABN Get Low Doc Excavator Finance?

Potentially.

Selected lenders can consider low doc machinery finance for newer businesses.

A low doc application may use information such as:

• Recent bank statements
• ABN details
• Credit history
• Industry experience
• Current work
• Upcoming contracts
• Asset information

instead of requiring complete financial statements and tax returns in every application.

Low doc does not mean no assessment.

The lender still needs to understand whether the business can afford the excavator.

What Documents Do Civil Start-Ups Need?

The exact documentation depends on the lender.

For an initial TAFS assessment, useful information may include:

• Driver's licence
• ABN details
• Business structure
• Recent bank statements
• Details of previous civil experience
• Current jobs
• Upcoming contracts
• Assets and liabilities
• Existing debts
• Excavator details
• Purchase price
• Deposit amount

A lender may later request additional information such as:

• Contract
• Letter of intent
• Purchase order
• BAS
• Accountant information
• Supplier quote
• Auction listing
• Private seller information
• Valuation
• Inspection

Not every application needs every document.

Do I Need Financial Statements?

Not always.

A start-up may not even have a completed financial year available yet.

Selected lenders can assess eligible applicants using alternative information.

This may include:

• Bank statements
• Industry experience
• Contracted work
• Current income
• Credit history
• Assets and liabilities
• Excavator information

Whether full financial statements are required depends on the selected lender.

Do I Need Tax Returns?

Not necessarily.

Some lenders may request tax returns.

Others can consider alternative documentation.

A new business should not automatically assume that the absence of completed business tax returns prevents equipment finance.

Do I Need BAS?

Not in every application.

Some lenders may request BAS where available.

A very new business may not have much BAS history yet.

Selected lenders may instead assess:

• Bank statement activity
• Current contracts
• Industry experience
• Overall financial position

Why Are Bank Statements Important?

For a newer business, recent bank statements can provide a current view of what is happening in the operation.

They may show:

• Customer income
• Current turnover
• Operating expenses
• Existing repayments
• Available cash
• General account conduct

Where there is limited historical financial information, this becomes particularly useful.

Do Contracts Help a Start-Up Excavator Application?

Potentially.

Contracts can help demonstrate where the work will come from once the excavator is purchased.

Useful supporting information may include:

• Signed civil contract
• Purchase order
• Letter of intent
• Customer agreement
• Subcontractor agreement
• Customer correspondence
• Confirmed project commencement

A contract is not required in every application.

But if the excavator is being purchased specifically to service confirmed work, provide that information.

What if I Have Work but No Formal Contract?

Explain the work source.

Many civil operators work through:

• Builders
• Developers
• Principal contractors
• Local contractors
• Landscapers
• Other earthmoving businesses
• Ongoing subcontract arrangements

The lender may be able to consider bank statement income and evidence of ongoing work even where there is no long formal contract.

The key is making the commercial purpose of the excavator clear.

Does Industry Experience Help a New ABN?

Yes.

For a civil construction start-up, industry experience can be one of the most important parts of the application.

Previous experience might include:

• Excavator operation
• Earthmoving
• Civil construction
• Demolition
• Drainage
• Roadworks
• Site preparation
• Trenching
• Landscaping
• Subdivision works
• Mining support

The lender needs to understand that the applicant knows how the machine will be used to produce income.

Do I Need a Deposit for Excavator Finance?

Not every excavator finance application requires a deposit.

Some applications may potentially qualify without one.

Other applications may require a contribution.

The lender may consider:

• ABN age
• Industry experience
• Credit profile
• Bank statements
• Current work
• Excavator value
• Purchase price
• Finance amount

A deposit can potentially widen available lender options.

How Much Deposit Might a Start-Up Need?

There is no universal percentage.

For example, the lender could potentially consider:

Excavator price: $120,000
Deposit: $0

or:

Excavator price: $120,000
Deposit: $20,000
Finance: $100,000

The appropriate structure depends on the application.

A stronger deposit can reduce lender exposure, but it also removes cash from the business.

Should a Civil Start-Up Use All Its Cash as a Deposit?

Not necessarily.

Buying the excavator is only one part of getting the business operating.

Cash may still be required for:

• Diesel
• Transport
• Insurance
• Servicing
• Repairs
• Attachments
• Wages
• Site costs
• Materials
• Tax
• Unexpected expenses

Leaving the bank account empty after purchasing the machine can put unnecessary pressure on the business.

The finance structure should consider working capital as well as the approval.

Can 100% of an Excavator Be Financed?

Potentially.

Selected applications may qualify for finance covering the full eligible machine purchase price.

This may depend on:

• Applicant profile
• Industry experience
• Credit history
• Bank statements
• Asset value
• Purchase price
• Existing debts
• Lender criteria

A new ABN does not automatically mean a large deposit is required.

What Finance Term Can Be Used?

Machinery finance terms vary by lender, machine and applicant.

The lender may consider:

• Excavator age
• Expected working life
• Operating hours
• Purchase price
• Finance amount

A longer term can reduce regular repayments.

However, it also means the loan remains outstanding for longer.

The finance term should make sense relative to how long the business expects to use the excavator.

Can Excavator Finance Have a Balloon Payment?

Potentially.

A balloon leaves part of the finance amount outstanding at the end of the term.

For example:

Finance amount: $140,000
Term: 5 years
Balloon: $28,000

Regular repayments are generally lower because $28,000 remains outstanding.

This can help a start-up preserve monthly cash flow while the business establishes itself.

However, the balloon still needs to be managed at the end.

Should a Start-Up Use a Balloon?

It depends.

A balloon can help if keeping regular repayments lower is important during the early years of the business.

But consider:

• Expected future machine value
• Finance term
• Operating hours
• Planned replacement date
• Ability to manage the final payment

A balloon should not simply be pushed as high as possible to make the repayment look smaller.

What Machinery Finance Interest Rate Will I Get?

There is no single machinery finance interest rate that applies to every civil construction start-up.

Pricing can depend on:

• ABN age
• Industry experience
• Credit profile
• Bank statement activity
• Deposit
• Excavator
• Excavator age
• Finance amount
• Term
• Balloon
• Documentation
• Lender

A business with an established trading history may receive different pricing from a new ABN financing its first machine.

This is why machinery finance should be compared on the full structure rather than the interest rate alone.

Compare More Than the Rate

When comparing excavator finance, look at:

• Purchase price
• Deposit
• Amount financed
• Interest rate
• Term
• Regular repayment
• Balloon
• Establishment fees
• Other lender fees
• Early payout conditions
• Total estimated amount repayable

A lower advertised rate does not automatically mean the strongest option.

How Fast Can Excavator Finance Be Approved?

Straightforward machinery finance applications can be approved in as little as 24 hours once the required information and excavator details are available.

Fast machinery finance approval is more achievable when:

• ABN details are ready
• Identity documents are available
• Bank statements are supplied
• Industry experience is clear
• Current work has been explained
• Excavator has been identified
• Purchase price is confirmed
• Deposit position is known

More involved applications can take longer.

What Can Slow Down Excavator Finance?

Common causes of delays include:

• Missing bank statements
• Unclear business history
• Missing machine details
• Private seller verification
• Older equipment
• High operating hours
• Valuation requirement
• Inspection requirement
• Previous credit issues
• More complex business structure

Pre-vetting the application before formal submission helps identify these requirements earlier.

Approval vs Settlement

Finance approval and settlement are two separate stages.

The lender may approve the application but still require:

• Final supplier invoice
• Serial number
• Seller information
• Insurance
• Inspection
• Valuation
• Signed finance documents

If you need the excavator quickly, provide the machine and seller information as early as possible.

Why Does Lender Matching Matter for a Start-Up?

A new ABN may fit one lender's policy and fall outside another's.

For example:

Lender A

May prefer longer trading history.

Lender B

May consider a newer ABN where the operator has strong industry experience.

Lender C

May accept low doc applications using bank statements.

Lender D

May be comfortable with used excavators.

Lender E

May consider private-sale machinery.

The civil contractor has not changed.

The lender criteria have.

That is why applying to the right lender matters.

Machinery Finance Provider vs Machinery Finance Broker

Going directly to a machinery finance provider means the application is assessed under that provider's lending criteria.

Using a specialised asset finance broker gives the business access to different lender policies.

TAFS can compare options across more than 80 bank and non-bank lenders.

This can be useful where the business has:

• New ABN
• Limited financial statements
• First machinery purchase
• Used excavator
• Private-sale equipment
• Auction purchase
• Previous credit issues
• Non-standard income

The objective is to find a lender that suits the application before making the formal submission.

Why TAFS Pre-Vets Start-Up Applications

TAFS does not formally send the same application everywhere.

The process begins by understanding:

• Applicant
• ABN age
• Industry experience
• Current work
• Credit position
• Available documentation
• Excavator
• Deposit
• Finance amount

The internal credit team can then compare the scenario against lender requirements.

This helps identify realistic machinery finance options before one formal application is made.

How TAFS Protects the Credit File

TAFS begins the assessment with a soft credit check.

That allows the initial credit position to be reviewed without leaving a formal lender enquiry on the applicant's credit file.

TAFS then:

1. Reviews the business
2. Assesses the credit position
3. Compares lender criteria
4. Discusses suitable options
5. Submits one formal application to the selected lender

For a start-up, keeping the application process targeted can be particularly important.

The TAFS Fast Excavator Finance Process

Step 1: Tell Us About the Business

TAFS reviews:

• ABN age
• Business structure
• Civil experience
• Current work
• Upcoming projects

Step 2: Tell Us About the Excavator

Provide:

• Make
• Model
• Year
• Operating hours
• Purchase price
• Dealer, auction or private seller

Step 3: Soft Credit Check

TAFS conducts an initial soft credit assessment.

Step 4: Internal Credit Review

The internal credit team reviews:

• Credit position
• ABN history
• Bank statements
• Industry experience
• Current work
• Machine
• Deposit

Step 5: Compare Suitable Lenders

TAFS compares the scenario with suitable options from more than 80 bank and non-bank lenders.

Step 6: Structure the Finance

The proposed structure may include:

• Purchase price
• Deposit
• Finance amount
• Term
• Repayment
• Balloon

Step 7: Submit One Formal Application

The application is sent formally to the selected lender.

Step 8: Approval

Straightforward applications can be approved in as little as 24 hours once the required information is available.

Step 9: Settlement

TAFS coordinates the lender, supplier or private seller requirements so the excavator can be paid for and released.

Example: First Excavator for a New Civil Operator

Consider an operator with:

ABN: 7 months
Civil experience: 10 years
Machine: Used 8-tonne excavator
Purchase price: $105,000
Current work: Drainage, site cuts and civil subcontracting
Financial documents: Limited annual financial history

A lender could potentially assess:

• Ten years of relevant experience
• Recent bank statements
• Current jobs
• Credit history
• Excavator value
• Deposit
• Proposed repayment

The application should not be presented as simply:

"Seven-month-old business wants $105,000."

It should show the complete commercial background.

Example: Leaving Employment to Start a Civil Business

Consider an excavator operator who has spent 12 years working for civil contractors.

They establish their own ABN and immediately have subcontract work available.

The business needs its first machine.

The lender may consider:

• Years of industry experience
• Previous role
• Current work source
• Expected income
• Personal credit history
• Savings
• Deposit
• Excavator purchase

Moving from employee to owner-operator does not erase the applicant's industry experience.

Example: First Excavator vs Continuing to Hire

Consider a civil start-up currently spending:

$5,000 per month

hiring an excavator.

Buying introduces:

• Finance repayment
• Insurance
• Fuel
• Servicing
• Repairs
• Transport

But removes or reduces the ongoing equipment hire cost.

The correct comparison is not simply:

Hire cost versus loan repayment.

It should consider the complete cost of owning and operating the excavator.

When Does Buying Beat Hiring?

Owning can become more attractive where the machine is required consistently.

Potential advantages include:

• Machine available when needed
• Greater control over scheduling
• No repeated hire booking
• Ability to take additional work
• Ability to build equity in the machine
• Greater control over attachments and setup

Hire may remain suitable where equipment is only needed occasionally.

The decision should be based on expected utilisation.

What if I Need More Than an Excavator?

Civil start-ups may need more than one asset.

This can potentially include:

• Skid steer
• Posi-track
• Tipper
• Trailer
• Float
• Ute
• Attachments
• Compaction equipment

The complete equipment requirement should be reviewed before financing everything separately.

TAFS can assess whether assets should be:

• Financed together
• Financed separately
• Purchased in stages

Should a Start-Up Buy All Its Machinery Immediately?

Not necessarily.

A new civil business may eventually need:

• Excavator
• Skid steer
• Tipper
• Trailer

But buying every asset at the beginning can create significant repayments before the workload has fully developed.

A staged approach might be:

Stage 1

Purchase the excavator that generates the core income.

Stage 2

Add a skid steer once utilisation supports it.

Stage 3

Add transport equipment when repeated hire or subcontract costs justify ownership.

The right approach depends on the business and work pipeline.

Can Another Machine Be Added Later?

Yes.

Once a business develops trading history and finance repayment history, adding another machine may become a different application from the first purchase.

The lender may then have access to:

• Existing business income
• Bank statements
• Current repayment conduct
• Established customers
• Current contracts
• Machine utilisation

A clean equipment finance repayment history can help support future expansion.

Excavator Finance Application Checklist

For a faster assessment, prepare:

Not every lender requires every item.

Questions to Ask Before Financing Your First Excavator

Before committing to a machine, ask:

1. Does the lender consider my ABN age?
2. Does my previous civil experience count?
3. Do I need financial statements?
4. Is low doc finance available?
5. How many bank statements are required?
6. Do I need a deposit?
7. Can the full purchase price be financed?
8. Is the excavator age acceptable?
9. Do the operating hours fit lender policy?
10. Can attachments be included?
11. Can private-sale equipment be financed?
12. Can auction machinery be financed?
13. Is an inspection required?
14. Is a valuation required?
15. What finance term is available?
16. Can I use a balloon?
17. What will the regular repayment be?
18. What fees apply?
19. How quickly can approval be obtained?
20. What still needs to happen after approval?

Frequently Asked Questions

Can a Civil Construction Start-Up Get Excavator Finance?

Potentially.

Selected machinery finance providers can consider newer ABNs where the operator has relevant industry experience, current or upcoming work and an overall financial position that supports the purchase.

Can I Finance My First Excavator With a New ABN?

Potentially.

A new ABN does not automatically prevent approval.

The lender may place more weight on previous civil experience, bank statements, work source, credit history, deposit and the excavator.

What Is the Minimum ABN Age for Machinery Finance?

There is no single minimum ABN age across every lender.

Selected lenders can consider businesses with less than 12 months of trading history.

Can I Get Excavator Finance With an ABN Under 12 Months?

Potentially.

TAFS has access to lenders that can consider newer businesses where the complete application supports the purchase.

Do I Need Two Years of Financial Statements?

Not with every lender.

Low doc machinery finance can potentially use recent bank statements and other current information instead of full financial statements.

Can a Sole Trader Finance an Excavator?

Yes, subject to lender approval.

Sole traders can finance eligible commercial machinery using structures including chattel mortgage finance.

Can a Start-Up Get Low Doc Machinery Finance?

Potentially.

Selected lenders can consider low doc applications for newer businesses.

What Documents Do I Need?

An initial application may require:

• Driver's licence
• ABN
• Bank statements
• Industry experience
• Work information
• Excavator details

Additional documentation depends on the lender.

Do I Need a Deposit?

Not necessarily.

Some applications may be considered without a deposit.

Others may require a contribution.

Can I Finance 100% of an Excavator?

Potentially.

Selected applicants may qualify to finance the full eligible purchase price.

Can I Finance a Used Excavator?

Yes.

Selected lenders finance used excavators subject to age, condition, operating hours and value.

Can I Buy an Excavator Privately?

Yes, through selected lenders.

Additional seller, ownership and machine checks may apply.

Can I Finance an Excavator From an Auction?

Potentially.

Selected lenders finance eligible auction purchases.

Completing an initial finance assessment before bidding can help.

Can Attachments Be Included?

Potentially.

Buckets, augers, breakers, tilt hitches and other eligible attachments can sometimes be included in the same facility.

Can Excavator Finance Have a Balloon?

Potentially.

A balloon can reduce regular repayments but leaves a larger amount payable at the end.

What Is the Main Finance Structure TAFS Uses for Excavators?

TAFS primarily arranges excavators using a chattel mortgage.

The business owns the machine from settlement while the lender holds security over it until the finance has been repaid.

How Fast Can Machinery Finance Be Approved?

Straightforward machinery finance applications can be approved in as little as 24 hours once the required information and equipment details are available.

Is 24-Hour Approval Guaranteed?

No.

Approval speed depends on the applicant, business, equipment, documents and lender requirements.

What Is the Fastest Way to Get Machinery Finance Approved?

Prepare your ABN details, bank statements, industry experience, work information and excavator details before the formal application is submitted.

Matching the application to a suitable lender before applying can also reduce avoidable delays.

Who Are the Best Machinery Finance Providers for Civil Construction Start-Ups?

The right machinery finance provider depends on the ABN age, financial documents, credit profile, excavator and work available.

A specialised asset finance broker can compare multiple lender policies rather than relying on a single provider.

TAFS has access to more than 80 bank and non-bank lenders and can identify lenders that consider new ABNs, low doc applications and first-time machinery buyers.

Why Use TAFS for First Excavator Finance?

TAFS provides:

• Access to more than 80 lenders
• Internal credit pre-vetting
• Soft credit check first
• New ABN pathways through selected lenders
• Low doc options through selected lenders
• Dealer, private-sale and auction finance
• Experience with excavators and civil machinery
• Approvals in as little as 24 hours for straightforward applications

Does TAFS Apply to Multiple Lenders at Once?

No.

TAFS reviews the application, completes its initial credit assessment, compares suitable lender criteria and then submits one formal application to the selected lender.

Finance Your First Excavator With TAFS

Starting a civil construction business does not necessarily mean waiting years before purchasing your first excavator.

The right lender may be able to consider much more than the age of the ABN.

Your previous civil experience, current work, upcoming contracts, bank statements, credit position, available working capital and the excavator itself can all form part of the application.

TAFS can assess the complete scenario before comparing suitable machinery finance options through access to more than 80 bank and non-bank lenders.

For straightforward applications where the required information and excavator details are available, approval can be arranged in as little as 24 hours.

The Asset Finance Shop (TAFS) is a commercial asset finance brokerage based in Sydney.
Information on this page is general in nature and doesn't take your personal circumstances into account. Speak to a TAFS broker for options tailored to your business, and to your accountant regarding tax treatment.