Used machinery financing gives Australian businesses a way to purchase second-hand commercial equipment without paying the full purchase price upfront.

The equipment does not need to come from a dealership.

Eligible machinery purchased through a private seller or at auction can also be financed through selected lenders, provided the business and equipment meet the lender's requirements.

This can give contractors, farmers, manufacturers and other Australian businesses access to a much wider range of machinery.

The key difference is that a private sale or auction purchase can involve additional checks around ownership, equipment condition, market value and settlement.

The Asset Finance Shop (TAFS) arranges used machinery financing through access to more than 80 bank and non-bank lenders. Our internal credit team can review the business and proposed equipment before a formal lender application is made, helping identify lenders that suit the machinery, purchase method and overall application.

This guide explains how used machinery finance works in Australia, how private-sale and auction purchases are handled, what lenders assess and what businesses can do before committing to a machine.

Can I Finance Used Machinery in Australia?

Yes.

Australian businesses can finance eligible used machinery through selected commercial asset finance lenders.

Used machinery can potentially be purchased from:

• Machinery dealerships
• Private sellers
• Other businesses
• Contractors
• Farmers
• Auctions
• Equipment importers

The lender will assess both the applicant and the machinery being purchased.

This means the finance decision may depend on factors such as:

• ABN history
• Trading history
• Industry experience
• Business income
• Bank statement activity
• Existing debts
• Credit profile
• Purchase price
• Machinery age
• Operating hours
• Condition
• Market value
• Expected working life
• Seller type

The strongest lender for a new excavator purchased from a dealer may not be the strongest lender for a ten-year-old loader purchased privately.

This is why lender matching matters.

What Is Used Machinery Financing?

Used machinery financing is commercial asset finance used to purchase second-hand machinery or equipment for business purposes.

Rather than paying the entire purchase price from business cash, the approved amount is financed over an agreed term.

TAFS primarily arranges machinery purchases using a chattel mortgage.

Under a chattel mortgage:

• Your business owns the machinery from settlement
• The lender registers security over the equipment
• The finance is repaid over an agreed term
• A deposit may be included
• Trade-in equity may contribute
• A balloon payment may be available
• The lender removes its security once the finance is repaid

This structure can be used for eligible dealer, private-sale and auction machinery purchases.

Why Buy Used Machinery?

New machinery is not always the right purchase for every business.

Used equipment may allow a business to:

• Reduce the purchase price
• Access a larger machine within budget
• Buy equipment that is immediately available
• Avoid waiting for new machinery delivery
• Replace an ageing machine quickly
• Add capacity without the cost of new equipment
• Purchase a specific model already proven in the business
• Find specialised machinery no longer available new

For some operators, a well-maintained used machine can provide years of productive work.

The important part is assessing the equipment properly before committing to the purchase.

What Types of Used Machinery Can Be Financed?

Used machinery finance can cover a broad range of commercial assets.

Earthmoving and Civil Construction

This can include:

• Excavators
• Mini excavators
• Skid steers
• Posi-tracks
• Wheel loaders
• Graders
• Rollers
• Compactors
• Dozers
• Trenchers
• Attachments

Agriculture

This can include:

• Tractors
• Harvesters
• Headers
• Seeders
• Balers
• Sprayers
• Spreaders
• Front-end loaders
• Telehandlers
• Agricultural implements

Materials Handling

This can include:

• Forklifts
• Telehandlers
• Access equipment
• Scissor lifts
• Crane equipment
• Warehouse equipment

Manufacturing and Engineering

This can include:

• CNC machines
• Lathes
• Presses
• Fabrication machinery
• Packaging equipment
• Production machinery
• Industrial machinery

Other Business Equipment

This can include:

• Generators
• Compressors
• Workshop machinery
• Refrigeration equipment
• Printing equipment
• Recycling machinery
• Specialised trade equipment

Approval remains subject to the lender's requirements for the equipment and business.

Is Used Machinery Harder to Finance Than New Machinery?

Not necessarily.

Used equipment is financed every day.

The difference is that lenders may need to assess more information about the asset.

A new machine purchased through a recognised dealer usually has a clear:

• Invoice
• Purchase price
• Serial number
• Specification
• Condition
• Seller

With used equipment, the lender may need to look more closely at:

• Age
• Condition
• Operating hours
• Service history
• Market value
• Seller
• Existing finance
• Remaining working life

The older or more specialised the machinery becomes, the more important lender selection can be.

What Do Lenders Assess on Used Machinery?

1. Machinery Age

Different lenders have different limits around used equipment.

Some are comfortable financing older commercial machinery.

Others prefer newer equipment.

The lender may consider both:

How old is the machine today?

and:

How old will it be when the finance term ends?

For example, a seven-year-old excavator financed over five years will be 12 years old at the end of the facility.

That may affect which lenders and terms are available.

2. Operating Hours

For many machines, operating hours can be as important as age.

The lender may look at hours on:

• Excavators
• Loaders
• Dozers
• Tractors
• Harvesters
• Forklifts
• Other powered machinery

A lower-hour older machine may present differently from a newer machine that has already completed very heavy work.

Operating hours are generally considered alongside the equipment's condition and service history.

3. Machinery Condition

The lender wants to understand whether the equipment is suitable security for the finance.

Information may include:

• Overall condition
• Mechanical condition
• Tyres or tracks
• Hydraulic condition
• Attachments
• Visible damage
• Service history
• Repair history

An inspection may be required for some machinery.

4. Purchase Price

The lender will consider whether the agreed purchase price appears reasonable.

This becomes especially important for private sales and auctions.

For example:

Purchase price: $120,000
Estimated market value: $90,000

The lender may not necessarily be comfortable financing the full $120,000 simply because that is the amount the buyer agreed to pay.

The purchase needs to make sense relative to the asset's value.

5. Market Value

Used machinery often provides the security supporting the loan.

The lender may therefore compare:

• Purchase price
• Market value
• Expected future value

An independent valuation may be requested where the equipment is:

• Older
• High value
• Specialised
• Purchased privately
• Difficult to compare with similar machinery

6. Remaining Working Life

The finance term should generally make sense for the machinery.

For example, financing equipment that is approaching the end of its practical working life over a long term may not suit the lender.

The lender may consider:

• Age
• Hours
• Condition
• Manufacturer
• Parts availability
• Resale market
• Intended use

7. How the Machinery Will Be Used

The lender may also want to understand why the business is buying the asset.

Examples could include:

• Replacing hired equipment
• Replacing an ageing machine
• Adding another machine
• Supporting a new contract
• Increasing production
• Bringing subcontracted work in-house

A machine with a clear role inside an established business can be easier to understand from a commercial perspective.

How Does Private Sale Machinery Finance Work?

A private sale means the equipment is being purchased directly from a business or individual rather than through a machinery dealer.

This could be another contractor who is:

• Upgrading machinery
• Reducing their fleet
• Retiring
• Selling surplus equipment
• Closing part of the business

Private sales can provide access to machinery that may never appear through a traditional dealer network.

Selected lenders can finance private-sale machinery.

The settlement process usually involves additional verification.

What Does a Lender Check on a Private Machinery Sale?

A lender may need to confirm:

• Seller identity
• Seller's ownership of the machine
• Equipment description
• Serial number
• Purchase price
• Machinery condition
• Market value
• Existing finance or security

These checks help ensure the lender is financing the correct asset and that the seller is entitled to sell it.

Why Is the Serial Number Important?

Commercial machinery does not necessarily have a registration number like a road vehicle.

The equipment serial number can therefore be one of the main identifiers used to confirm the machine.

The lender may use it to:

• Identify the exact asset
• Check existing security
• Match inspection information
• Confirm purchase documentation

Ask the seller for the serial number early.

Do not wait until settlement if it can be obtained before applying.

What if the Private Seller Has Finance Owing?

Existing finance does not necessarily prevent the purchase.

However, the existing security needs to be dealt with correctly.

For example:

Used excavator price: $150,000
Seller's finance payout: $65,000

The settlement may need to involve paying the existing financier so its security can be released.

The remaining proceeds can then be dealt with according to the approved settlement instructions.

TAFS can coordinate the required information between the buyer, seller and lender.

Does Private Sale Machinery Need an Inspection?

Potentially.

An inspection may be requested where the machine is:

• Older
• Higher value
• Specialised
• Purchased privately
• Difficult to value from available information

The lender may use the inspection to confirm:

• Equipment exists
• Serial number
• Condition
• Specification
• Operating hours
• General suitability

Not every private sale requires an inspection.

Does Private Sale Machinery Need a Valuation?

Potentially.

A valuation can help establish whether the proposed purchase price is reasonable.

This may be more relevant where:

• The equipment has limited comparable sales
• The seller and buyer have agreed on a high price
• The machine is specialised
• The machinery is older
• The finance amount is substantial

Whether a valuation is required depends on the lender.

Can You Finance Machinery Bought at Auction?

Yes.

Selected lenders can finance eligible machinery purchased at auction.

Auction machinery finance is common for:

• Excavators
• Loaders
• Skid steers
• Dozers
• Rollers
• Tractors
• Harvesters
• Forklifts
• Manufacturing equipment
• Other commercial machinery

The major difference with an auction is timing.

You may need to bid before a final machine has been selected, and payment deadlines after the auction can be tight.

Can I Get Pre-Approval Before a Machinery Auction?

Potentially.

An initial assessment or pre-approval can help establish your likely finance position before bidding.

This may give you an indication of:

• Approximate borrowing amount
• Deposit requirements
• Suitable machinery age
• Expected repayment
• Available finance term
• Lender conditions

Final approval still depends on the equipment actually purchased.

A lender needs to know what asset will secure the finance.

What Should You Check Before Bidding at Auction?

Do not base your maximum bid only on the hammer price.

Consider the full transaction cost.

This can include:

• Winning bid
• Buyer's premium
• GST
• Transport
• Inspection
• Repairs
• Servicing
• Attachments
• Registration where applicable
• Insurance
• Other auction charges

For example:

Winning bid: $100,000
Buyer's premium: $5,000
Other costs: $4,000

The actual amount required to put the machine to work could be significantly higher than the headline auction price.

Understand what the lender will and will not finance before bidding.

Why Can Auction Finance Be Time Sensitive?

Auction houses often have strict payment deadlines.

If finance is only investigated after the successful bid, the buyer may need to complete:

• Credit assessment
• Asset assessment
• Documentation
• Valuation
• Inspection
• Finance documents

within a short period.

Preparing before the auction can reduce this risk.

What Happens After I Win an Auction?

The auction house will generally issue an invoice showing the successful purchase.

The lender may then require:

• Auction invoice
• Machinery details
• Serial number
• Purchase price
• Equipment condition
• Proof of insurance where required
• Any outstanding valuation or inspection

Once all lender conditions have been completed, the approved funds can be paid to the auction house.

Dealer vs Private Sale vs Auction Machinery Finance

Each purchase method has different practical considerations.

The right lender can depend on the purchase method as well as the business.

What Finance Documents Do I Need?

The required documentation depends on the lender and application.

For an initial assessment, you may need:

• Driver's licence
• ABN details
• Business information
• Recent business bank statements
• Existing finance details
• Assets and liabilities
• Machinery information
• Purchase price
• Seller type

Further documents may include:

• Financial statements
• Tax returns
• BAS
• Contracts
• Purchase orders
• Dealer invoice
• Private seller information
• Auction invoice
• Serial number
• Service history
• Inspection
• Valuation

TAFS can confirm the documentation requirements once a suitable lender pathway has been identified.

Is Low Doc Used Machinery Finance Available?

Potentially.

Selected lenders can consider low doc used equipment loans.

Instead of requiring full current financial statements, the lender may assess information such as:

• Recent business bank statements
• ABN details
• Credit history
• Industry experience
• Existing business activity
• Current work
• Assets and liabilities
• Existing debts
• Machinery details

Low doc does not mean no assessment.

The lender still needs to establish whether the finance can be supported.

Can a Sole Trader Finance Used Machinery?

Yes.

Sole traders can apply for used machinery financing.

The lender may consider:

• ABN history
• Industry experience
• Bank statement income
• Credit profile
• Existing debts
• Machinery
• Purchase price
• Deposit

This can apply to sole traders working in areas such as:

• Earthmoving
• Civil construction
• Agriculture
• Landscaping
• Transport
• Manufacturing
• Trade services

Can a New ABN Finance Used Machinery?

Potentially.

Selected lenders can consider newer businesses.

The application may place more weight on:

• Previous industry experience
• Current contracts
• Upcoming work
• Bank statement activity
• Personal and business credit
• Available working capital
• Deposit
• Machinery value

For example:

ABN age: 7 months
Industry experience: 10 years
Machine: Used excavator
Current work: Existing excavation contracts

The lender can assess the complete background rather than the ABN age alone.

Do I Need a Deposit?

Not necessarily.

Deposit requirements vary by lender and application.

The lender may consider:

• Trading history
• Credit position
• Machinery age
• Equipment value
• Purchase price
• Business income
• Available documents
• Finance amount

A deposit can reduce:

• Amount financed
• Repayments
• Finance cost

However, the business also needs enough working capital after the purchase.

Can I Finance the Full Purchase Price?

Potentially.

Some applicants may qualify to finance the full equipment purchase price.

Whether this is available depends on:

• Business strength
• Credit profile
• Machinery value
• Purchase price
• Equipment age
• Existing debts
• Repayment capacity

Where the purchase price is above the lender's assessment of market value, the business may need to contribute the difference.

Can I Use a Trade-In?

Yes, subject to the transaction.

A business replacing existing machinery may have equity available.

For example:

Trade-in value: $100,000
Finance payout: $45,000

Potential equity:

$55,000

That amount may potentially contribute toward the replacement machine.

The trade-in and payout can be incorporated into the settlement process.

What Is the Best Loan Structure for Used Machinery?

TAFS primarily arranges machinery finance using a chattel mortgage.

The loan can be structured around:

• Purchase price
• Deposit
• Trade-in
• Amount financed
• Finance term
• Repayment
• Balloon payment
• Business cash flow
• Expected working life

The structure should make sense for both the business and the machinery.

Can Used Machinery Finance Have a Balloon?

Potentially.

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

For example:

Finance amount: $160,000
Term: 5 years
Balloon: $32,000

The regular repayments will generally be lower than financing the same amount with no balloon.

However, the business still owes $32,000 at the end.

For used equipment, the balloon should take into account:

• Machinery age
• Expected future value
• Operating hours
• Expected replacement date
• Remaining working life

The balloon should not exceed what makes commercial sense for the asset.

Can Older Machinery Be Financed?

Potentially.

Older machinery does not automatically prevent approval.

The lender may assess:

• Year
• Operating hours
• Condition
• Service history
• Market value
• Manufacturer
• Parts availability
• Remaining working life

Older machinery may result in:

• Fewer lender options
• Shorter finance term
• Lower available balloon
• Inspection requirement
• Valuation requirement
• Deposit requirement

This is why used machinery finance benefits from lender matching.

What About Grey Imports?

Grey imports or machinery imported outside the manufacturer's standard Australian distribution network may be considered by selected lenders.

Additional assessment may include:

• Origin
• Compliance
• Condition
• Parts availability
• Market value
• Serial numbers
• Australian resale demand

Not every lender is comfortable with imported equipment.

What if the Machine Needs Repairs?

Used machinery does not need to look new.

However, the lender generally expects the machine to be suitable for its intended commercial purpose.

Significant known repairs may affect:

• Market value
• Inspection outcome
• Finance amount
• Settlement
• Lender appetite

Before buying, consider whether the purchase price plus required repairs still represents good value.

What if the Machinery Is Specialised?

Specialised machinery can still be financed.

The lender may need to understand:

• What the machine does
• Who manufactures it
• Market value
• Resale market
• Business use
• Expected remaining life

Highly specialised machinery may have fewer comparable sales, which can make valuation more important.

How Does a Lender Assess the Business?

The asset is only half of the application.

The lender also needs to assess the borrower.

This may include:

ABN History

How long has the business been operating?

Industry Experience

How much relevant experience does the applicant have?

Current Income

What revenue is the business currently generating?

Bank Statements

How does money move through the business?

Existing Debt

What finance commitments already exist?

Credit History

How has existing credit been managed?

Repayment Capacity

Can the business comfortably support the proposed machinery repayment?

How Can Used Machinery Improve Business Cash Flow?

Financing allows the business to acquire equipment without using the complete purchase price upfront.

For example:

Machine purchase: $180,000

Paying cash requires the business to use $180,000 immediately.

Financing may allow more cash to remain available for:

• Wages
• Fuel
• Materials
• Repairs
• Insurance
• Suppliers
• Tax
• Other equipment
• Project costs

The business pays finance costs in return for retaining more working capital.

Buying Used Machinery to Replace Hire Costs

Used equipment finance can also make sense where the business is regularly paying to hire machinery.

For example, a contractor may spend:

$6,000 per month

hiring a particular machine.

Purchasing a used machine introduces:

• Finance repayment
• Insurance
• Maintenance
• Repairs

but also removes or reduces the hire expense.

The correct comparison should include the complete cost of both options.

Buying Used Machinery to Add Capacity

A second machine may allow a business to:

• Run multiple jobs
• Add another operator
• Reduce subcontracting
• Accept larger contracts
• Complete work faster

The lender may consider how the additional equipment contributes to future income.

Existing repayment history on the current machinery can also support an expansion application.

Replacing Ageing Machinery

Another common use of used machinery financing is replacing an older unit.

Compare:

• Current repairs
• Maintenance
• Downtime
• Fuel consumption
• Productivity
• Current resale value
• Existing payout
• Replacement machine cost

A machine that has no finance owing can still be expensive if repair and downtime costs have become excessive.

Should I Buy the Cheapest Used Machine?

Not necessarily.

Purchase price is only one part of the cost.

Also consider:

• Operating hours
• Condition
• Maintenance history
• Transport costs
• Attachments
• Expected repairs
• Parts availability
• Remaining life
• Resale value

A cheaper machine requiring significant work may ultimately cost more than a better-condition asset with a higher purchase price.

How Fast Can Used Machinery Finance Be Approved?

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

Approval may take longer where the transaction involves:

• New ABN
• Private seller
• Older equipment
• Specialised machinery
• Valuation
• Inspection
• High operating hours
• Credit issues
• Complex business structure

Starting the assessment before committing to the purchase can reduce delays.

Approval vs Settlement

Finance approval does not always mean the transaction is ready to settle immediately.

Final settlement may still require:

• Invoice
• Serial number
• Seller verification
• Ownership confirmation
• Existing finance payout
• Insurance
• Valuation
• Inspection
• Signed finance documents

Private sales and auction purchases can have more settlement steps than standard dealer purchases.

How TAFS Arranges Used Machinery Finance

Step 1: Initial Business Assessment

TAFS reviews:

• ABN history
• Trading history
• Industry experience
• Current business activity
• Bank statements
• Existing finance
• Credit position

Step 2: Review the Machinery

TAFS looks at:

• Equipment type
• Make and model
• Year
• Operating hours
• Purchase price
• Seller
• Condition
• Intended business use

Step 3: Soft Credit Check

TAFS begins with a soft credit check that leaves no formal enquiry on the applicant's credit file.

Step 4: Internal Credit Review

The internal credit team pre-vets the application against lender requirements.

Step 5: Compare Suitable Lenders

TAFS has access to more than 80 bank and non-bank lenders.

Different lenders may be better suited to:

• Used equipment
• Older machinery
• Private sales
• Auctions
• Newer ABNs
• Low doc applications
• Higher-value machinery

Step 6: Structure the Finance

TAFS can review:

• Purchase price
• Deposit
• Trade-in
• Amount financed
• Term
• Repayment
• Balloon

Step 7: Submit One Formal Application

Once a suitable option has been selected, the formal application is submitted to the chosen lender.

Step 8: Complete Asset Checks

Depending on the transaction, the lender may complete:

• Seller checks
• Ownership checks
• Inspection
• Valuation
• Existing security checks

Step 9: Settlement

Once all lender requirements have been satisfied, the approved funds are paid to the:

• Dealer
• Private seller
• Auction house

and the machinery purchase settles.

Used Machinery Finance Checklist

Before applying, prepare as much of the following as possible:

Not every lender will require every item.

Questions to Ask Before Buying Private-Sale Machinery

Ask:

1. Does the seller own the equipment?
2. Is there existing finance over the machine?
3. What is the serial number?
4. What are the operating hours?
5. Is service history available?
6. What is the machinery worth?
7. Is the purchase price reasonable?
8. Will the lender require an inspection?
9. Will a valuation be required?
10. Does my lender accept private sales?
11. Is a deposit required?
12. What finance term is available?
13. Can the purchase settle within the seller's timeframe?

Questions to Ask Before an Auction

Before bidding, ask:

1. How much can I potentially finance?
2. What deposit may be required?
3. What machinery ages can be financed?
4. What term may be available?
5. What will the estimated repayment be?
6. Is there a maximum amount I should bid?
7. Does the finance cover the buyer's premium?
8. How is GST treated?
9. What is the auction payment deadline?
10. Will an inspection be required?
11. Will a valuation be required?
12. What documents will I need after the auction?
13. How quickly can settlement occur?

Frequently Asked Questions

Can I Finance Used Machinery in Australia?

Yes.

Selected lenders provide used machinery financing for eligible Australian businesses purchasing commercial equipment from dealers, private sellers and auctions.

What Types of Used Machinery Can Be Financed?

Finance can potentially be arranged for excavators, skid steers, loaders, graders, rollers, dozers, tractors, harvesters, forklifts, manufacturing machinery and other commercial equipment.

Can I Finance Machinery From a Private Seller?

Yes.

Selected lenders can finance eligible private-sale machinery.

The lender may need to verify the seller, ownership, serial number, existing security, condition and market value.

Can I Finance Machinery Bought at Auction?

Yes.

Selected lenders finance eligible auction machinery.

Preparing the finance position before bidding can help because auction settlement deadlines can be short.

Can I Get Pre-Approval Before an Auction?

Potentially.

Pre-approval can provide an indication of borrowing capacity, deposit requirements and lender conditions.

Final approval depends on the actual machine purchased.

Does Used Machinery Need an Inspection?

Potentially.

An inspection may be required for older, specialised, high-value or privately purchased machinery.

Does Used Machinery Need a Valuation?

Potentially.

A valuation may be requested where the lender needs additional confirmation of market value.

Does Machinery Age Matter?

Yes.

Different lenders have different equipment age requirements.

Older machinery may still be financeable but can affect the available lender, term, deposit and balloon.

Do Operating Hours Matter?

Yes.

Hours can help the lender assess equipment usage and remaining working life.

Can a Sole Trader Finance Used Machinery?

Yes, subject to lender criteria.

Sole traders can finance eligible commercial machinery for business use.

Can a New ABN Finance Used Equipment?

Potentially.

Selected lenders consider newer businesses based on factors such as industry experience, current work, bank statements, credit history and the machinery itself.

Can I Get Low Doc Used Equipment Finance?

Potentially.

Selected lenders may assess applications using recent bank statements and other current business information rather than complete financial statements.

Do I Need Financial Statements?

Not always.

The documentation requirements depend on the lender and application.

Do I Need a Deposit?

Not necessarily.

Deposit requirements depend on the borrower, equipment and lender.

Can I Finance the Full Purchase Price?

Potentially.

The available amount depends on lender criteria and the relationship between the purchase price and equipment value.

Can I Use a Trade-In?

Yes, subject to the transaction.

Equity in existing machinery may contribute toward a replacement purchase.

What Is the Main Finance Structure TAFS Uses?

TAFS primarily arranges chattel mortgage finance for eligible commercial machinery.

Your business owns the machine from settlement while the lender holds security over it until the finance is repaid.

Can Used Machinery Finance Include a Balloon?

Potentially.

A balloon can reduce regular repayments but leaves a larger final amount outstanding.

It should reflect the machinery's expected value at the end of the finance term.

How Fast Can Machinery Finance Be Approved?

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

Private-sale, auction or older-equipment transactions may require additional asset checks.

Does TAFS Apply to Several Lenders?

No.

TAFS reviews the application first, completes a soft credit check, pre-vets the transaction through its internal credit team, compares suitable lender options and then submits one formal application to the selected lender.

Finance Used Machinery With TAFS

Used machinery can provide Australian businesses with a practical way to add capacity, replace ageing equipment or purchase a better-suited asset without paying the cost of new machinery.

And the machine does not need to come from a dealer.

TAFS can arrange eligible used machinery financing for equipment purchased through dealerships, private sellers and auctions.

Our internal credit team can review your business, available documentation and proposed machinery before comparing suitable options through access to more than 80 bank and non-bank lenders.

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.