Concrete Pump Finance

Whether you are adding a boom pump to your fleet or financing your first line pump, getting the right lending structure matters.

Concrete pumps sit at the higher end of commercial asset values, and not every lender understands how to assess them.

We work with 50+ lenders to find the right fit for your pump, your business, and your cash flow, with fast approvals and no obligation quotes.

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Our Lenders

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What Our Clients Say About Us

How Concrete Pump Finance Works

Concrete pump finance is a secured commercial loan where the pump itself acts as the primary security for the lending. The structure works much the same way as truck finance, but the assessment is more specialised because lenders need to account for both the truck chassis and the pumping equipment mounted on top.

Most concrete pump buyers use a chattel mortgage, which gives you ownership of the asset from day one and lets you claim GST input credits and depreciation through your BAS. Finance leases are also available for operators who prefer to keep the asset off their balance sheet, or for businesses running larger fleets where cash flow flexibility is the priority.

Loan terms typically run from three to seven years. Balloon or residual payments are common on higher value pumps because they reduce your monthly repayments significantly. This is especially useful when you are financing a pump worth $500,000 or more and need to keep working capital available for other parts of the business.

The key difference between financing a concrete pump and financing a standard truck is the valuation process. A prime mover or rigid truck has a clear REDBOOK or Glass's value that lenders can pull instantly. Concrete pumps do not. The pump component, the boom, the hydraulics, and the placing system often represent the majority of the asset's value, and lenders need to assess that separately using comparable sales data, dealer quotes, or independent valuations. A broker who understands this process can match you with lenders who are comfortable assessing pumps rather than defaulting to a generic equipment lending policy.

concrete pump finance

What You Can Finance with Concrete Pump Finance

You can finance any type of concrete pump through our panel of 50+ lenders, whether it is brand new from the factory or a used unit purchased privately.

Truck mounted boom pumps are the most commonly financed type. These are registered vehicles with a chassis value and a pump value, and lenders generally have a clear pathway for approving them. Boom reach ranges from around 20 metres for smaller urban units through to 60 metres plus for high rise and infrastructure work, and the price point moves accordingly.

Line pumps and trailer mounted pumps are smaller in value but still financeable. These are typically used for residential pours, smaller commercial jobs, and shotcrete applications. Some lenders classify trailer mounted pumps as equipment rather than vehicles, which changes the product and the rate slightly.

Stationary and tower placing booms are less common but can be financed through specialist lenders who understand long term infrastructure contracts.

We finance pumps purchased from licensed dealers, private sellers, and at auction. Private sale purchases require a PPSR check and a finance inspection to verify serial numbers and compliance plate details before settlement. We handle that process for you.

New pumps, near new, and older used units are all covered. Age policies vary by lender, with most mainstream banks comfortable up to 15 to 20 years at end of loan term. Specialist and non bank lenders can go beyond that for pumps in good working condition, though rates and deposit requirements adjust for older assets.

Who Concrete Pump Finance Is For

Concrete pump finance suits any business that needs a pump to operate, whether you are buying your first unit or adding to an existing fleet.

Established concrete pumping businesses expanding capacity or replacing ageing equipment make up the majority of files we settle. If you already have pumps on your books and a track record of revenue, the approval process is straightforward and we can often secure approvals without requiring full financials.

Civil construction and infrastructure companies bringing concrete pumping in house rather than subcontracting. This is a growing trend, particularly for businesses with consistent pour volumes where owning the pump makes more commercial sense than hiring one.

New operators entering the concrete pumping industry can also be financed, though the application needs more structure. If you have industry experience but are early in your ABN history, we have low doc pathways that work with your trading history, BAS statements, and asset position rather than requiring two years of completed financials.

Concrete suppliers and batching plant operators looking to add placement capability to their service offering are also a good fit for this type of finance.

Whether your ABN is brand new or decades old, whether you own property or rent, and whether your credit history is clean or has a few marks on it, there are lending options available. The key is matching your profile with the right lender from the start.

Why Use a Broker for Concrete Pump Finance

Concrete pumps are one of the most expensive single assets a business will finance. A new long reach boom pump can exceed $1.5 million, and even a solid used unit sits well above $200,000. At those values, the difference between the right lender and the wrong lender is measured in tens of thousands of dollars over the life of the loan.

Not all lenders have the same appetite for concrete pumps. Some banks love them and offer competitive rates for operators with strong financials. Others treat them cautiously because the pump component does not have a standard resale guide, and they are not confident assessing the security. A broker who works in this space regularly knows which lenders are writing concrete pump files right now, what their current age and value caps are, and how to present your application so it gets assessed properly the first time.

The valuation challenge is the biggest reason to use a broker. When you go direct to a bank that does not regularly finance pumps, they often undervalue the asset, ask for unnecessary deposits, or apply a generic equipment rate that is higher than what a truck finance specialist lender would offer. We know which lenders understand the market, which ones will accept a dealer quote or comparable sale as sufficient evidence of value, and which ones require a formal independent valuation.

We also structure your application around your specific circumstances. If you have financials, we take them to a major bank for the best rate. If you do not, we have low doc options that work off your BAS, bank statements, and existing asset position. If your credit file has history, we have non bank lenders who focus on the current strength of your business rather than past defaults.

There is no cost to you for our service. We are paid by the lender on settlement.

Get a Free Concrete Pump Finance Quote

Compare options across 50+ lenders with no obligation. We will get back to you the same business day.

Get a Free Quote

Getting Concrete Pump Finance

Step 1: Tell Us What You Are Buying

Give us a call on 0416 960 969 or fill out the enquiry form below. Let us know the type of pump, the approximate value, whether it is new or used, and whether you are buying from a dealer or private seller. We will give you an idea of your options and likely repayments on that first call.

Step 2: We Match You with the Right Lender

Based on your business profile and the pump you are purchasing, we compare options across our panel of 50+ lenders and present you with the best available structure. We handle the full application, including any valuation requirements, so you do not need to chase paperwork between parties.

Step 3: Approval, Settlement, and You Start Pumping

Most approvals come through within 24 to 48 hours. Once you are happy with the terms, we coordinate settlement with the seller or dealer and the lender pays them directly. For private sales, we also arrange the finance inspection and PPSR check before settlement.

Frequently Asked Questions

What types of concrete pumps can I finance? +
You can finance truck mounted boom pumps, line pumps, trailer mounted pumps, stationary pumps, and tower placing booms. Whether the unit is brand new or decades old, there are lenders on our panel who will consider it. Truck mounted boom pumps are the most straightforward because they are registered vehicles with a clear chassis value. Line and trailer mounted pumps are also financeable, though some lenders classify them as equipment rather than vehicles.
How much can I borrow for a concrete pump? +
Finance amounts typically range from around $50,000 for a smaller used line pump through to $1.5 million or more for a new long reach boom pump. The amount you can borrow depends on the value of the pump, your business financials, your existing asset position, and the lender's assessment of the security. For higher value purchases above $500,000, lenders generally require more supporting documentation.
Do I need a deposit for concrete pump finance? +
Not always. Many lenders offer 100% finance on concrete pumps, particularly for established businesses with a strong trading history and clean credit. Deposits are more commonly required on older used pumps, higher value transactions, or when the borrower has a shorter ABN history. Where a deposit is required, it is usually 10% to 20% of the purchase price.
Can I finance a used or older concrete pump? +
Yes. Used concrete pumps are financed regularly. Most mainstream lenders are comfortable with pumps up to 15 to 20 years old at the end of the loan term. For older units beyond that range, specialist and non bank lenders will still consider the application, though the interest rate and deposit requirements typically adjust. The overall condition of the pump and its service history can also factor into the lender's assessment.
Can I buy a concrete pump from a private seller? +
Absolutely. Private sale purchases are common in the concrete pumping industry and most lenders on our panel are comfortable with them. The process requires a PPSR check to confirm there is no existing finance or encumbrance on the asset, plus a finance inspection to verify the serial number, engine number, and compliance plate against the tax invoice. We coordinate that entire process for you, including arranging for the lender to pay the seller directly on settlement.
What loan terms are available for concrete pump finance? +
Loan terms range from three to seven years depending on the age of the pump and the lender's policy. Shorter terms mean higher monthly repayments but less total interest paid. Many concrete pump buyers opt for a five to seven year term with a balloon or residual payment at the end to keep monthly repayments lower and preserve working capital.
What is a balloon payment on concrete pump finance? +
A balloon payment is a lump sum owing at the end of your loan term after all your regular repayments have been made. It reduces your monthly repayments throughout the loan because you are only paying down part of the principal during the term. At the end, you can pay the balloon out from cash reserves, refinance it into a new short term loan, or trade the pump in and use the sale proceeds to clear the balance. Balloon payments are particularly useful on higher value concrete pumps where keeping monthly outgoings manageable is important for cash flow.
Can I get concrete pump finance without full financials? +
Yes. We have low doc finance options that work off alternative documentation such as BAS statements, bank statements, an accountant's letter, or a strong asset position. Low doc pathways are available for amounts up to $500,000 with some lenders. For purchases above that level, most lenders will want to see financials to assess servicing capacity, but we can guide you on exactly what is needed based on your specific situation.
How long does concrete pump finance take to get approved? +
Most concrete pump finance approvals come through within 24 to 48 hours once we have your details and documentation. Higher value purchases above $500,000 can take a day or two longer because lenders may require a formal valuation or additional assessment of the pump. We will give you a clear timeline on your first call so you can plan accordingly, especially if you have a settlement deadline with the seller.
What is the difference between a chattel mortgage and a finance lease for a concrete pump? +
A chattel mortgage gives you ownership of the concrete pump from the start of the loan. You claim GST input credits on the purchase, depreciate the asset, and the interest is tax deductible. A finance lease means the lender owns the asset during the lease term and you make lease payments that are fully tax deductible as an operating expense. At the end of the lease, you can purchase the pump for its residual value, return it, or refinance. Chattel mortgage is the more common choice for concrete pump buyers, but a finance lease can suit certain business structures and cash flow preferences.
How do lenders value a concrete pump for finance purposes? +
This is where concrete pump finance differs from standard truck finance. The truck chassis has a REDBOOK or Glass's value that lenders can reference instantly, but the pump component, the boom, hydraulics, and placing system, does not. Lenders assess the pump's value using a combination of the dealer invoice or purchase price, comparable sales data from recent transactions, and in some cases an independent valuation. A broker who understands this process can direct your application to lenders who are experienced at assessing concrete pumps rather than ones who will default to generic equipment policies and undervalue the asset.
Can I finance a concrete pump with a new ABN? +
Yes. New ABN holders can access concrete pump finance, though the options are more limited than for established businesses. Lenders will look at your industry experience, any assets you already own, your credit history, and whether you have a deposit available. Some lenders specialise in new to industry applicants and can offer approvals based on your overall financial position rather than requiring years of trading history under your current ABN.
Do I need insurance on a financed concrete pump? +
Yes. Comprehensive insurance is a condition of finance on all secured loans. Concrete pump insurance is more specialised than standard commercial vehicle insurance because of the value of the pumping equipment and the nature of the work involved. Your insurer needs to cover both the truck chassis and the pump component. We recommend having an insurance quote arranged before settlement so there are no delays. If you need a referral to an insurer experienced with concrete pumping equipment, we can point you in the right direction.
Can I finance multiple concrete pumps at the same time? +
Yes. If you are expanding your fleet or upgrading multiple units at once, we can structure the applications together to streamline the process. In some cases, bundling multiple assets into a single facility can improve your overall rate and simplify your repayment schedule. We will assess your total borrowing position and present options that work across the full purchase rather than treating each pump in isolation.
Is there a cost to use a broker for concrete pump finance? +
No. Our service is free for you to use. We are paid a commission by the lender when your loan settles. The interest rate you receive through us is the same rate you would receive if you went directly to that lender. The advantage of using a broker is that we compare options across 50+ lenders in a single application process rather than you approaching banks individually and hoping you have picked the right one.

Ready to Finance a Concrete Pump?

Call us on 0416 960 969 for a same business day response, or fill out the form below and we will be in touch with your options.