Asset Finance Broker Melbourne

Sierra Finance is a specialist asset and equipment finance brokerage helping Australian businesses and individuals access funding through 50+ lenders.

Whether you need to finance a vehicle, truck, excavator, forklift, or secure working capital for your business, we match your situation to the right lender and get it approved.

Fast approvals, competitive rates, and no hidden fees.

Get a Free Quote

Our Lenders

What Our Clients Say About Us

    
 
 
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   Andrew Beckwith 
 
 
 
  Sierra Finance recently assisted me in obtaining a number of vehicles for my commercial transport business. I dealt with Lawrence - he efficiently arranged for financing at competitive rates, provided a great service and enabled me to get my fleet on the road in no time. Thanks again.
  
 
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   oksana pashoulia 
 
 
 
  I had an excellent experience with Lawrence from Sierra Finance. He was incredibly professional, knowledgeable and helpful throughout the entire financing process. He made everything simple to understand, answered all my questions promptly, and guided me to the best options for my needs. I felt confident and well taken care of from start to finish. Highly recommend if you're looking for reliable and trustworthy financing services!
  
 
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   David Leahey 
 
 
 
  Lawrence was fantastic all the way through! A real professional and achieved a great result for me. Would highly recommend!
  
 
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   Josh Harris 
 
 
 
  Lawrence at Sierra Finance was incredible from start to finish! From the first phone call to settlement day, they made the entire process so simple and stress-free. They turned my dream of expanding my business into a reality and secured a very reasonable rate for me. Highly recommend them to anyone looking for finance.
  
 
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   Freddie Twigg 
 
 
 
  I recently had the pleasure of securing a business loan through Sierra Finance, and I couldn't be more satisfied with the experience. From start to finish, the team demonstrated exceptional professionalism, making the entire process smooth and stress-free.

Asset Finance for Australian Businesses

Sierra Finance arranges finance across five core categories. Each is backed by specialist knowledge of the assets, the lenders who fund them, and the structures that get approvals across the line.

Vehicle Finance

From utes and vans to trucks, trailers, buses, and luxury vehicles, Sierra Finance arranges vehicle finance for every vehicle class your business or personal use requires. We finance new and used vehicles through dealer, private sale, and auction purchases, with flexible structures including chattel mortgage, finance lease, and hire purchase. Whether you are adding a single work ute or building a fleet, we find the right lender and structure for your situation.

Machinery Finance

Excavators, bulldozers, tractors, loaders, and skid steers. Sierra Finance arranges machinery finance across yellow goods and heavy agricultural machinery, including older equipment and private sales that mainstream lenders often decline. We understand residual values, age limits, and lender appetite across every machinery class, so your file goes to a lender who actually wants to write it.

Equipment Finance

Forklifts, cranes, manufacturing lines, mining rigs, and everything else businesses use to operate. If your business needs equipment, we can finance it. Our equipment finance brokers work with lenders who understand niche and specialised assets and can structure approvals based on both the equipment and your business strength.

Business Finance

Business loans, overdrafts, low doc lending, tax debt solutions, debtor finance, insurance premium funding, and acquisition finance. Not every business need is tied to an asset. Sierra Finance arranges secured and unsecured business finance assessed on your cash flow, trading history, and business profile.

Personal Finance

Cars, motorbikes, boats, caravans, and personal loans. Sierra Finance holds NCCP authorisation and arranges personal finance alongside commercial lending. Whether you are buying your first car or financing a boat, we source competitive rates from our lender panel and handle the full process for you.

Why Use an Asset Finance Broker

Most commercial and equipment lenders do not deal directly with the public. A finance broker is not a middleman adding a layer between you and the bank. For most asset classes, the broker is the access point. Without one, you are limited to whichever single lender you approach directly, taking whatever rate and structure they offer with no comparison.

An asset finance broker compares options across a full lender panel. At Sierra Finance, that means 50+ lenders, from the major banks to non bank specialists and private funders. We know which lenders have appetite for your specific asset type, your industry, and your business profile. A file that gets declined at one lender might sail through at another with a lower rate. The difference is knowing where to send it.

You also get one point of contact who handles the full process. One application, one conversation, and we manage the lender submission, credit assessment, document collection, and settlement on your behalf. In most cases, there is no cost to you as the borrower. The lender pays the broker on settlement.

Get a Free Asset Finance Quote

Compare options from 50+ lenders with no obligation. Tell us what you need and we will find the right fit for your situation.

Get a Free Quote

How Asset Finance Works with Sierra Finance

Step 1: Tell Us What You Need

Call us on 0416 960 969 or fill out our online form. Share your asset type, loan amount, and business situation. No paperwork upfront, just a quick conversation so we understand what you are looking for.

Step 2: We Find the Right Lender

We match your file to the best fit from our 50+ lender panel and structure it for approval. You get options and a clear recommendation, not a single take it or leave it offer from one bank.

Step 3: Get Approved and Funded

Once you are happy with the structure and rate, we handle the documentation, lender submission, and settlement. Fast approvals with funding available in as little as 24 hours from application.

Asset Finance Frequently Asked Questions

What is an asset finance broker?

An asset finance broker compares lending options across multiple banks and specialist lenders to find the right structure and rate for your purchase. Instead of approaching one bank directly, you get access to a full panel of lenders through a single application. At Sierra Finance, we work with 50+ lenders and handle the full process from application to settlement.

What types of assets can Sierra Finance arrange funding for?

We finance vehicles, trucks, trailers, machinery, earthmoving equipment, agricultural equipment, forklifts, cranes, manufacturing equipment, mining equipment, and more. We also arrange business loans, overdrafts, low doc lending, debtor finance, insurance premium funding, and personal finance for cars, motorbikes, boats, and caravans.

How much can I borrow for asset finance?

Loan amounts typically range from $5,000 to $2 million or more depending on the asset, your business profile, and the lender. Some lenders approve up to $250,000 with minimal documentation, while larger amounts may require full financials. We assess your situation and recommend lenders who match your borrowing range.

Do I need a deposit for asset finance?

Not always. Many lenders offer no deposit options, particularly for newer assets and strong applicants. For older equipment, private sales, or higher risk profiles, a deposit of 10% to 20% may improve your options and rate. We can advise whether a deposit strengthens your file or whether a no deposit structure is available.

What is the difference between a chattel mortgage and a finance lease?

A chattel mortgage means you own the asset from day one and the lender holds a charge over it until the loan is repaid. A finance lease means the lender owns the asset and you make lease payments, with the option to purchase it or refinance the residual at the end of the term. Both have different tax treatment, so we recommend discussing which structure suits your situation with your accountant.

Can I get asset finance with a new ABN?

Yes. Several lenders on our panel specialise in start up and new ABN lending. Approval for new businesses often depends on the asset type, your deposit, industry experience, and personal financial position. We know which lenders have appetite for new ABNs and structure your application accordingly.

What credit score do I need for asset finance?

There is no single minimum score. Different lenders have different credit policies, and some specialise in applicants with impaired credit or past defaults. A strong credit history gives you access to the lowest rates, but we work with lenders across the full spectrum. If you have credit concerns, let us know upfront so we can direct your file to the right lender.

How long does asset finance approval take?

For straightforward files with clean credit and newer assets, approvals can come through in as little as 24 hours. More complex applications involving older equipment, larger amounts, or detailed financials may take a few business days. We prioritise speed and keep you informed at every stage.

Is it better to use a broker or go directly to a bank?

Most commercial and equipment lenders do not deal directly with the public, so a broker is often the only way to access their products. Even where direct access is available, a broker compares multiple lenders to ensure you get the most competitive rate and structure. There is typically no additional cost to you for using a broker, as the lender pays the commission on settlement.

What documents do I need for an asset finance application?

For most applications under $250,000, you may only need your driver's licence, ABN details, and a few months of bank statements. Larger loans or full doc applications may require tax returns, financial statements, and an asset and liability statement. We tell you exactly what is needed upfront so there are no surprises.

Can I finance used or older equipment?

Yes. Sierra Finance works with lenders who finance used and older assets across most categories. Lender appetite varies by asset type and age, with some funding machinery up to 20 or 25 years old and others capping at 10 to 12 years. We know the age limits for each lender and asset class, so your application goes to a funder who will actually approve it.

What are the tax benefits of asset finance?

Depending on the structure, you may be able to claim depreciation on the asset, deduct interest payments, and claim GST credits on the purchase price. Chattel mortgages, finance leases, and hire purchase arrangements each have different tax implications. We recommend discussing the specific tax treatment with your accountant before choosing a structure.

Do I pay the broker a fee for arranging asset finance?

In most cases, no. The lender pays Sierra Finance a commission on settlement, which means our service comes at no direct cost to you. For some complex or non standard files, a broker fee may apply, and we always discuss this with you upfront before proceeding. There are never hidden fees.

What is low doc asset finance?

Low doc finance is designed for self employed borrowers and business owners who may not have traditional documentation like tax returns or detailed profit and loss statements. Lenders assess your application based on bank statements, BAS lodgements, or an accountant's declaration instead. Low doc lending can cover amounts from $5,000 to $500,000 or more depending on the lender and your profile.

How do I get started with Sierra Finance?

Call us on 0416 960 969 or fill out the enquiry form on this page. We will have a quick conversation about what you need, assess your options across our 50+ lender panel, and come back to you with a recommendation. There is no obligation, no upfront cost, and we aim to respond on the same business day.

Ready to Get Started?

Call Sierra Finance on 0416 960 969 or fill out the form below for a same business day response. No obligation, no hidden fees, just a clear recommendation on the right lender for your situation.