Asset & vehicle finance
Car and equipment finance, sorted before the weekend.
Asset finance moves fast when the file is right, with decisions often back in days. Cars, utes, trucks, trailers, machinery and business equipment, financed against the asset itself, for business or personal use.
Rated 5.0 from 261 Google reviews · Brisbane finance brokers
- Chattel mortgage, lease or personal loan: the structure changes the tax outcome, so we match it to advice
- New, used and private-sale vehicles financed
- Dealer finance compared honestly: sometimes their subsidised rate wins, and we'll tell you when
Business asset finance, the quick version.
For business vehicles and equipment, a chattel mortgage is the workhorse: the asset secures the loan, you own it from day one, GST and depreciation treatment usually work in your favour, and terms typically run three to five years with an optional balloon. Whether the balloon, the term or a lease suits better is a cash-flow and tax question. We set the structure with your accountant's advice in view.
The structures, side by side.
Five ways to finance the same asset, with different tax and ownership outcomes:
- Chattel mortgage: you own the asset from day one and the lender holds security over it; the default for business use
- Finance lease: the financier owns it, you lease it, with options to buy, return or refinance at the end
- Commercial hire purchase: the lender buys the asset and hires it to you, with ownership transferring at the final payment
- Novated lease: your employer leases the car and repayments come out of your salary; an employee arrangement
- Personal car loan: for private use, secured against the vehicle, regularly sharper than dealer finance
A worked example: the balloon decision.
An example with checkable arithmetic. You finance an $80,000 ute over five years with a 30% balloon: $24,000 of the price (30% of $80,000) is parked at the end of the term, so your repayments only amortise $56,000 of it, plus interest on the lot. At month sixty you still owe $24,000: pay it out, refinance it, or trade the ute and roll forward.
Balloons suit businesses that upgrade vehicles on a cycle and want repayments matched to the asset's earning years. They hurt when the balloon arrives as a surprise, or when the asset is worth less than the balloon at trade-in time. We model both versions so the decision gets made once, on paper, not at month fifty-nine.
Personal car loans too.
Not everything is business. Personal car finance across our panel regularly beats dealership rates once the fees are counted, and because we're not paid to move a particular car, the comparison is honest. Send us the car you want and we'll come back with what it really costs.
Common asset finance mistakes.
Fast finance means fast mistakes. These are the usual ones:
- Taking dealer finance on the spot without a comparison: sometimes the subsidised rate genuinely wins, and you only know by checking
- A balloon sized for the repayment you wanted, not the resale value the asset will have
- A term longer than the asset's working life
- Private-sale purchases without a check for money still owing on the asset
- Structuring against the accountant's advice, then discovering the GST treatment at BAS time
Your broker, not a call centre.
Hugh, Callum and Jacob write every loan themselves: the person who meets you is the person who structures the deal, drives the approval and reprices your rate every six months after settlement. That's why 262 Google reviews name them personally.
Meet the team →262 five-star reviews, and counting.
The reviews page →Verify on Google →Callum and the team were fantastic to deal with every step of the way. As first home buyers we really appreciated Callum's simple explanations of each part of the process and we couldn't be happier with the result.
Seamless experience dealing with Hugh and the Link Advance team to refinance our home. Thank you!
Jacob and the team at LINK Advance made buying our investment property quick and painless. Would recommend
We’ve just bought our first home with the help of Callum and the team at LINK, and we couldn’t be more grateful. Callum went above and beyond, kept us informed every step of the way, and made the whole process feel easy and stress-free. Highly recommend!
Hugh has been amazing throughout the process of buying our new house. He is very approachable and knowledgable and went above and beyond what we expected to help us out. Thanks so much Hugh!
Jacob was an efficient mortgage broker. The process was made simple and constant updates were communicated. Any questions asked were responded to timely. Highly recommend Jacob.
Building a house can be so stressful and overwhelming let alone dealing with the finance aspect of it, however with Callum it has been the exact opposite. He has been so patient and extremely helpful throughout the whole process. Highly recommend!
Hugh Dellit was fantastic to work with and truly understood our needs when it came to applying for our first home loan. I would highly recommend him for his professional, kind and friendly service.
Jacob provided informative and friendly service every step of the way. He was a great comfort to us as first home buyers as we knew we were in good hands. Thanks for all of your help Jacob!
Hugh and the rest of the team were excellent at securing us a home loan. Knowledgeable, friendly, very communicative and made the entire process stress free and easy. We can’t recommend Hugh and the rest of the team at Link Advance enough.
Frequently asked questions.
How fast can equipment finance be approved?
Straightforward deals (established business, clear credit, standard asset) are often approved within one to three business days. Complex assets or newer ABNs take longer. If you're bidding at auction or the machine is about to be sold, tell us the deadline first.
Chattel mortgage or lease?
A chattel mortgage means you own the asset and claim depreciation and interest; a lease means the financier owns it and you claim the payments. Which wins depends on your GST registration, cash flow and tax position. It's a five-minute question for your accountant, and we structure to the answer.
What's a balloon payment?
A lump sum left owing at the end of the term: it lowers monthly repayments but you still owe it (refinance it, pay it out, or trade the asset). Useful for cash flow, dangerous if it surprises you. We model it both ways so you choose with eyes open.
Can I finance a private-sale vehicle?
Yes. Most of our lenders finance private sales, with a couple of extra checks (inspection, clear title, payout of any existing encumbrance). It usually adds a day or two.
Do I need a deposit for equipment finance?
Often no: most business asset finance funds the full purchase price, secured by the asset itself, with the balloon and term shaping the repayments. A deposit or trade-in lowers the amount financed and can improve pricing, but for most established businesses it's a choice rather than a requirement.
Do I need full financials to get approved?
Not always. Many lenders run streamlined approvals for established ABNs financing standard assets: no full financials, just the basics and a clean credit file. Larger amounts, unusual assets or younger ABNs move to full assessment. We know where each lender draws those lines, and that knowledge is most of the speed.
Can I finance used or older equipment?
Yes, with limits: lenders typically cap the asset's age at the end of the term, so older gear means shorter terms or a smaller lender pool. Auction and private-sale purchases are financeable too. Tell us the asset's age and your deadline first; both shape the lender list.
Is a novated lease better than buying the car?
It's a different tool: a novated lease runs through your employer with repayments from salary, and its value depends on your income, the car and your employer's scheme. For business owners, a chattel mortgage usually does the heavy lifting instead. It's a ten-minute comparison with your accountant, and we arrange whichever wins.
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Level 1, 57 Berwick Street, Fortitude Valley 4006
5.0 · based on 261 Google reviews