Construction equipment finance for builders and contractors in Melbourne

Construction Equipment Finance for Builders & Contractors

One pack, one broker — excavators, tippers, commercial property, development finance and everything in between. The full stack for builders and contractors.

Equipment to Property FinanceLow Doc FriendlyNo Credit Check to Enquire

Switchboard Finance · Credit Representative 576702 · Finsure ACL 384704

$0Deal Range
0Finance Categories
Low Doc& Full Doc Options
Equipmentto Home Loans

You build things for a living. When you need an excavator this week, a working capital bridge between progress claims, and a broker who can also handle the yard purchase and a development facility — the last thing you need is three different brokers and a bank that auto-declines construction.

Two years of tax returns Three different brokers A bank that understands construction Weeks of waiting between approvals An accountant letter (for most deals)

Which One Is You?

Four situations. Four different paths.

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Your machine just died — or it’s about to
The excavator is down, the bobcat is costing more in repairs than it’s worth, or the tipper blew a head gasket. You need a replacement — fast. We structure low doc chattel mortgages on plant and equipment using bank statements and BAS. Most deals settle in days, not weeks.
$50K – $500K
📈
Scaling up. Bigger contracts, bigger fleet.
You’ve won a council contract, a subdivision, or a commercial build that needs more machines and more trucks. Each asset goes to the right lender — equipment finance for the excavator, vehicle finance for the tipper, working capital for mobilisation.
$200K – $1M+
💧
Cash flow is brutal between progress claims
Retentions are locked up, progress claims are 30 days out, and wages don’t wait. If you’ve also got a rough credit history from a disputed claim or a tough year — we’ve got non-bank pathways for that. Need it this week? Caveat loans settle in days.
$30K – $300K
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Ready to buy the yard. Or fund a development.
You’ve been leasing the depot for five years. Or you’ve got a 4-lot subdivision that needs progress draw funding. Or you need fast settlement on a site while the current build is mid-pour — caveat loans get it done in days. This is where most brokers tap out. We don’t.
$500K – $5M+

Why Us

Same builder. Two very different conversations.

What the bank sees
Construction industry SIC code — “high risk sector”
Progress claim income that looks “lumpy and inconsistent”
Retentions tied up for 12+ months — “illiquid”
Wants equipment AND property finance — “we only do one at a time”
One credit mark from a disputed progress claim — “declined”
Returns not lodged yet — “come back in six months”
What we see
A profitable construction business with contracted work
Progress claim income that follows a known build cycle
Retentions that prove completed, quality work
One broker conversation that covers equipment, property AND development
A credit history that tells a real story — not a scorecard number
Current BAS and bank statements that show real revenue

Real Example

A residential builder scaling into development. Melbourne’s southeast.

ABN 6 years. Family trust. Needed equipment, vehicles, working capital, a commercial property purchase AND a caveat loan to settle a subdivision site — all at once.

What we structured — five facilities, four lenders, one broker.

20-tonne excavator — chattel mortgage5-year term · specialist plant lender who could value the asset properly
$220,000
Tipper truck (Isuzu FVZ) — vehicle finance pathway4-year term · registered vehicle = separate lender, better rate
$130,000
Working capital for mobilisation & wagesUnsecured line of credit · draw what you need · cashflow lender
$80,000
Commercial property — buying the yardLow doc commercial loan · 70% LVR · specialist non-bank lender
$850,000
Caveat loan — subdivision site settlementShort-term, property-backed · repaid on DA approval + dev finance drawdown
$350,000
Total Financed $1,630,000
What he provided

6 months business bank statements, ABN, BAS, driver’s licence, equipment quote, signed contract of sale on the yard, and a site plan for the subdivision. No tax returns. No accountant letter. First commercial property lender declined — the trust structure was “too complex.” We placed it with a private lender as an interim facility, then refinanced to a mainstream non-bank 3 months later once returns were lodged.

Equipment and vehicles settled in week one. Commercial property and caveat facility settled by week four. Every deal is different — this shows how the full stack works when one broker coordinates everything.

Getting Started

The paperwork is simpler than you think.

6 months business bank statementsYour everyday transaction account
ABNMust be active — ideally 12+ months trading
Driver’s licence or passport
Details of the assetQuote, invoice, or auction listing
Current BASIf GST registered — not always essential
Contract of sale or lease agreementFor property deals only
Site plan or DA documentsFor development facilities only
For equipment and vehicle deals, the first five items are usually enough. Property and development facilities need the last two. We’ll tell you exactly what’s needed before you waste time — and for most deals, you won’t need tax returns, an accountant letter, or a business plan. For general information on running a construction business in Australia, see business.gov.au.
Construction workers and equipment on a building site — construction finance Melbourne

One broker. Every machine that matters.

Operational Finance

Equipment, vehicles and cashflow — settled in days.

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Equipment & Plant — Chattel Mortgage
Excavators, bobcats, cranes, rollers, graders, compactors, scaffolding, formwork

New, used, or private sale. Most construction equipment deals are structured as chattel mortgages — we match the term and structure to your tax position and cash flow cycle. Specialist lenders who understand plant residual values.

ExcavatorsBobcatsCranesRollersGradersCompactorsScaffolding
See equipment finance
🚛
Tippers, Crane Trucks & Site Vehicles
Registered vehicles through vehicle finance — separate lender, better rate

Tippers, concrete trucks, flatbeds, crane trucks and utes. Registered vehicles go through vehicle finance pathways — separate lender, often cheaper than asset finance, faster approval.

TippersCrane trucksConcrete trucksFlatbedsUtes
See vehicle finance
💰
Working Capital, Cashflow & Bad Credit Pathways
Progress claim gaps, mobilisation, wages — including non-bank options for rough credit

Bridge the gap between progress claims and retention releases. Business loans, lines of credit, and invoice finance. If you've got a credit mark or a rough year — bad credit pathways through non-bank lenders who assess the deal, not the scorecard.

Business loansLines of creditInvoice financeBad credit pathways
See cashflow options
Caveat Loans — Urgent, This Week
$50K–$500K secured against property equity, settled in days

Need $100K+ this week? If you've got equity in your yard, your home, or any property — a caveat loan is the fastest path. Property-backed, short-term, settled in days. For mobilisation, auction deposits, or emergency equipment replacement.

Same-week settlementProperty-backed$50K–$500K
See caveat loans
Property & Project Finance

Where most brokers tap out. We don't.

Commercial property, development finance and private lending — the products that separate this pack from every other pack on the site.

🏢

Commercial Property Loans

Buy the yard, the depot, the workshop you've been leasing. Low doc commercial property loans for self-employed builders — up to 80% LVR through specialist lenders. Stop paying rent on a building you could own.

IndustrialWarehousesYardsUp to 80% LVR
See options →
🏗️

Development Finance

Multi-lot subdivisions, townhouse projects, small apartment builds. Progress draw funding matched to your build timeline. QS-verified drawdowns. From site acquisition through to completion.

SubdivisionsTownhousesProgress drawsQS verified
See options →
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Private Lending & Second Mortgages

When mainstream non-bank lenders can't get it done. Private lending is the escalation path for complex property deals. Second mortgages unlock equity in property you already own to fund new projects.

Private lendingSecond mortgagesComplex structures
See options →
🏠
Already sorted your site? There's one more thing the bank won't help with.
Your home loan shouldn't be harder because you're a builder. One doc home loans use your most recent BAS instead of two years of tax returns. Same houses, same rates — different documentation pathway.
See one doc home loans →

Get Started

Tell us where you're at. Three clicks.

This isn't a form — it's the start of the conversation.

1. What do you need?
Equipment / Plant
Vehicles / Trucks
Working capital
Property / Development
Multiple things
2. Roughly how much?
Under $100K
$100K – $500K
$500K – $2M
$2M+
3. How soon?
This week
This month
Just exploring

Common Questions

We don't charge you upfront fees — we get paid by the lender when your deal settles. The cost of each facility depends on the amount, term, and lender. Before you commit to anything, we'll give you exact repayment figures so you know what you're looking at. No surprises.

Yes — that's the point of this pack. One broker conversation covers plant, vehicles, cashflow, commercial property, development finance, and home loans. We map everything together so the structures don't conflict and your borrowing capacity is optimised across all facilities.

Construction businesses get auto-declined by banks constantly — the SIC code alone triggers tighter criteria. We work with non-bank lenders who assess the deal on the asset, your cash flow, and your trading history. Bad credit, rough years, disputed progress claims — we've seen it all and there are usually pathways. If the mainstream non-banks can't do it, private lending is the escalation path.

Yes. Used excavators, ex-demo plant, auction purchases and private sale machines. Specialist lenders assess asset value and known resale markets — a 10-year-old Komatsu with 5,000 hours is different from a generic office asset. We know which lenders have appetite for construction plant.

No. There's no credit check to enquire. We only run credit when we have a specific lender and deal structure — and we'll always tell you before that happens. We place your deal with the right lender first to minimise unnecessary enquiries on your file.

One broker. The full construction finance stack.

Whether you need an excavator this week or a development facility this quarter — start here.

We'll call you within 24 hours. The conversation takes about 10 minutes. We'll ask what you need across the full picture — equipment, vehicles, property, everything. No credit check. No obligation. If it's not a fit, we'll tell you.

FBAA AccreditedCRN 576702ABN 29 691 892 289Melbourne — lending Australia-wide

Switchboard Finance · Credit Representative 576702 · Finsure ACL 384704 · General information only. Not financial advice.