Skip to content

Finance Approval Options

Award-winning Finance Brokers that help grow your Business

Get Approved Today
Home » Equipment Finance » Low, Med, Full Doc, Replacement, Balloon


You need the best Finance

Not sure if you need: 

  • Low Doc
  • Medium Doc
  • Full Doc
  • Balloon
  • Replacement Finance

Let us help. 

There are different ways to get your finance approved. Together we can decide what is the best option for your business. The Finance that we offer you is sourced from any of our wide range of lenders. 

approval (1)

Low Doc

Now available for all types of Equipment. From $100,000 to $250,000 no financials required. New or Used up to 12 yrs old. $150,000 for 4.5t light commercial vehicles, all with ‘No Financial’. If you own property and have property equity, have traded under same ABN for 2 yrs and have clear credit record. You are approved.

We even have 1 yr ABN options for motor vehicles and light commercials under 3.5 GVM!

Medium Doc

We are also offering Medium Doc Finance for most equipment up to $500,000.

This means that with limited paper work your business can get approval for your equipment needs. The equipment will need to be no older than 12 years old at the end of a maximum 5 year finance term. You will qualify for this loan policy if you satisfy the following:

  • Home owner (current rates notice to be provided) AND
  • Existing ‘A’ rated commercial credit running for at least 12 months
  • Copy of last BAS statement
  • Copy of your current ATO Integrated Tax portal
  • Trading for min. 2 yrs in industry
approval
full doc (1)

Full Doc

Full doc finance enables you to borrow up to $5,000,000 for your equipment. This is a fully disclosed finance option and will always get you the best rate available. It requires you to provide us with all your current financial data and is required for the following reasons:

  • You require the best deal possible and you have figures to enable that
  • The equipment can be up to 20 yrs old at end of term depending what it is that you are financing
  • You will need to use this Full Doc option if the equipment is valued over $500,000
  • This option must be used if you have a tax debt or default to enable full disclosure

Replacement Policy

$500,000 – Equipment Finance Replacement Policy

This product allows you to replace a piece of equipment finance which you just paid out because you sold the equipment or simply finished the finance term.

This is a no financials product that will allow you to replace your equipment finance facility even up to 6 months from the end of your last equipment loan.

You will qualify for this Equipment finance policy if you satisfy the following:

• Good Credit History
• New repayments are not more than 30% greater than old repayments
• Age of Equipment – New to 7 yrs old
• Goods do not always need be like for like industry related
• Trading for min. 2 yrs in industry

Matt-Gander-Kenworth-T904-SAR-Trailer-Image-1200x900


Benefits of having us as your Finance Broker

  • We work for you, not the lender
  • There is no obligation to proceed
  • Equipment can be NEW or USED, purchased through a Dealer or Private Sale
  • We chase up all your paperwork with your accountant/bookkeeper to take the fuss out of finance for you
  • We liaise with the supplier of your choice, organise the invoice and prepare all the paperwork for your sign off
  • Flexible payment options are provided
  • Diversification of your lending exposure will ensure competitive results
  • We arrange pre-approved equipment finance limits for future equipment acquisitions
  • The equipment finance is secured against the equipment, without requiring real estate as security – in most cases
  • We organize payment of the supplier, you take delivery of the equipment – it is as easy as that

Check out the Equipment Finance Options Page for more details.

Client satisfaction is paramount to us, Contact Us now and experience the difference with Commercial Point Finance.

Call 02 9453 0300.