Equipment loan · Civil contractors
Equipment loan for civil contractors
Civil contractor finance is asset-heavy lending for earthmoving fleets, float trailers and support vehicles, combined with working capital that carries wages and fuel across long government and tier-one payment cycles.
How a equipment loan works for civil contractors
Yellow goods are the easiest assets in Australia to finance, because auction and dealer data gives lenders a clear view of what a machine is worth at any hour reading. A civil contractor buying a used 20-tonne excavator with 6,000 hours will usually find a better rate than the same business would get on an unsecured loan half the size. Terms run three to five years, matched to the work in front of the machine. Hours, make, model and serial number all affect the offer, so send them with the quote.
The cash-flow pattern we plan around
Monthly progress claims to head contractors or councils, paid 30–45 days later, with heavy mobilisation costs incurred up front on every new site.
What civil contractors typically fund
- Excavators, rollers, graders and dozers
- Low loaders and plant trailers to move machines
- Site establishment and mobilisation costs
- Fuel and operator wages between claims
Equipment loan for civil contractors: the numbers
| Typical amounts | $5,000 – $5,000,000 |
|---|---|
| Term | 12–84 months |
| Indicative rates | 6.9% – 16% p.a. |
| Repayments | Monthly |
| Speed | Same day to 48 hours for low-doc |
| Documents civil contractors usually need | ABN, GST registration and contractor prequalification details · 12 months of bank statements and latest financials · Machine quote, serial number and hours reading |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
Civil plant finance
Civil plant finance is secured equipment lending for earthmoving and roadworks machinery such as excavators, rollers, graders and dozers, priced against the resale value of the machine and usually written over three to five years.
Mobilisation funding
Mobilisation funding is short-term working capital that covers the cost of establishing a civil site — floats, fuel, temporary works and early wages — before the first progress claim on that job is certified and paid.
What is equipment finance?
Equipment finance is any loan or lease used to acquire business equipment, with the equipment typically serving as security. The main structures in Australia are chattel mortgages, finance leases and rentals.
Low-doc equipment finance
Low-doc equipment finance approves smaller amounts (often up to $150,000–$250,000) without full financials, relying on ABN age, GST registration, credit history and sometimes a property-owner declaration.