Asset finance

Asset finance can be used to fund vehicles, equipment and other assets for business or personal use. It is commonly used by business owners, self-employed clients and contractors, but may also apply in certain personal lending scenarios.

We provide credit assistance to help you understand how asset finance works, how different lenders assess applications, and what structures may be available based on the asset being financed and how it will be used.

Our role is to explain lender requirements clearly, compare asset finance structures, and guide you through the application and settlement process.

What are you looking to finance?

Asset finance can be used to purchase vehicles such as cars, utes, vans and trucks. Lenders assess these applications based on factors including the type of vehicle, intended use and borrower circumstances.

We help explain how different vehicle finance structures work and what lenders typically require.

Equipment and machinery finance is commonly used across industries such as construction, manufacturing, medical, professional services and agriculture.

We help you understand how lenders assess asset type, value and usage, and how these factors influence loan structure and terms.

Technology, office fit-outs and specialised systems can often be financed using asset finance rather than traditional loans.

We explain how lenders approach these assets and what documentation or valuations may be required.

Asset finance may also be used to replace ageing equipment or expand fleets and capacity as a business grows.

We help explain refinancing, top-up and replacement options from a lending perspective.

In some cases, asset finance forms part of a broader business funding structure alongside other lending facilities.

Where relevant, we help coordinate asset finance within the overall lending arrangement.

How asset finance works

Asset finance structures can vary depending on the lender, asset type and intended use. Common structures include:

  • Chattel mortgages 
  • Finance leases 
  • Hire purchase arrangements 
  • Novated leases (where applicable)

We explain how these structures work from a lending perspective and how they may apply to your circumstances.

How we support you

We support asset finance clients by:

  • Explaining how lenders assess asset finance applications 
  • Comparing asset finance structures and features 
  • Managing applications, approvals and settlements 
  • Coordinating timing where asset finance is part of a broader lending arrangement 
Test

Working alongside your advice team

Where asset finance forms part of a broader plan, lending considerations are implemented in coordination with your overall advice. Decisions around financial and tax advice are considered within your Ironbark advice team as part of your broader advice framework.

Page last updated: 17 March 2026

Want to explore further?

We can also help if any of the following apply to you:

Important information

This content has been prepared by Cornerstone Financial Group Pty Ltd trading as Ironbark Advice, a Corporate Authorised Representative of LMG Broker Services Pty Ltd (ACN 632 405 504) Australian Credit Licence no. 517192. It contains general information only and does not consider your personal financial circumstances or needs. Before making any financial decision, you should consider obtaining professional advice. Any opinions expressed are the opinions of the authors at the time of posting, and do not constitute a recommendation to act. These opinions may change after an item is posted and no warranty of currency is provided. All information referenced is believed to be accurate at the time of compilation and is provided by Ironbark Advice in good faith. This content may contain information contributed by third parties. Ironbark Advice does not warrant the accuracy or completeness of any information contributed by a third party. No representation or warranty as to the quality, accuracy, reliability, timeliness or completeness of this material is made by Ironbark or its representatives. To the extent permitted by law, Ironbark Advice is not liable for any loss or damage arising because of a reliance placed on the contents of this page.