Crane Finance refers to commercial lending used to purchase lifting equipment such as mobile cranes, frannas, tower cranes, crawler cranes and truck-mounted cranes. These assets are high-value and require specialised assessment. Finance is commonly structured via Equipment Finance, Low Doc Asset Finance, and Business Loans. Relevant hubs: Tradie Hub, Truckie & Fleet Hub. Related machinery: Excavator Finance, Loader Finance, Yellow Goods.

Why Crane Finance Matters

Cranes are extremely high-value commercial assets. The right finance structure helps operators secure equipment without massive upfront capital and improves cash flow on long-term projects.

• Allows crane operators to scale operations
• Reduces upfront costs on multi-tonne lifting machinery
• Supports civil, construction and industrial projects
• High resale value improves lending strength
• Insurance, service history and compliance are critical

How Crane Finance Works

• Applicant provides quote, invoice or tender details
• Lender reviews lifting capacity, hours, age and inspection reports
• Loan structured as chattel mortgage, lease or hire purchase
• Terms typically 3–8 years depending on crane type
• Low doc available for strong turnover and clean banking

Large cranes may require engineer reports or specialised insurance.

Official reference: safeworkaustralia.gov.au