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Quick answer: Forklifts, trailers, and cranes are three of the most commonly financed equipment categories in Australia – each with distinct lender considerations. Equipment Finance Specialists funds all three across our lender panel. Chattel mortgage is the standard structure for established businesses. New operators, specialised assets, and older equipment require specific lender matching.
Forklift Finance Australia
Forklifts – counterbalance, reach trucks, order pickers, rough terrain, and electric models – are among the most straightforward equipment finance scenarios. They are well understood by lenders and have active resale markets across warehousing, logistics, manufacturing, food processing, and construction.
New electric forklifts from Toyota, Crown, Jungheinrich, and Hyster-Yale are increasingly common finance requests. Lead-acid vs lithium battery configuration affects residual values – discuss this when specifying your finance.
Forklift operators need a High Risk Work Licence (LF class for counterbalance forklifts; LO class for order-pickers) under Queensland Work Health and Safety legislation. This applies in any workplace – not just construction. For QBCC-licensed contractors, the finance structure may also affect MFR balance sheet ratios – confirm with your accountant.
Trailer Finance Australia
Trailers – flat-tops, curtainsiders, refrigerated, tipping, low-loaders, car carriers, and drop-decks – vary significantly in lender appetite based on trailer type, age, and value. Established manufacturers (Vawdrey, Maxitrans, Barker) are well understood by commercial lenders. Trailer age matters significantly.
Crane Finance Australia
Crane finance is one of the most specialist categories in commercial asset lending. Cranes vary enormously: pick-and-carry cranes from 5-tonne to 25-tonne, franna cranes, all-terrain cranes, city cranes, tower cranes, and mobile cranes from 50-tonne to 500-tonne+. Equipment Finance Specialists has dedicated crane finance experience. We know which lenders understand crane finance and which specific crane types are most fundable.
Frequently Asked Questions
Can I finance a used forklift or trailer?
Yes – subject to age, condition, and lender appetite. Equipment Finance Specialists regularly places used plant finance. Older assets may require an independent valuation.
What is the maximum loan term for plant and equipment?
Typically 3–5 years for most plant, with some lenders extending to 7 years (84 months) for established businesses with strong credit profiles.
Call 1300 378 387 to discuss your specific crane or plant finance requirement.