Switchboard Finance Logo – Yellow Goods Glossary

Yellow Goods

Yellow Goods refers to heavy construction machinery typically painted yellow and used in civil, earthmoving, mining and infrastructure work. Common examples include excavators, skid steers, graders, loaders, dozers, backhoes and compactors. Yellow Goods are among the strongest assets for Equipment Finance, Low Doc Asset Finance, and Business Owners Finance Hub. Related glossary terms: Asset Type, Useful Life, Depreciating Asset. Relevant blogs: Are Low Doc Equipment Loans Worth It?, Equipment Finance Application Mistakes.

Why Yellow Goods Matter

Yellow Goods have long lifespans, strong resale values and large secondary markets — making them highly desirable for lenders. They typically attract:

  • Longer loan terms (5–7 years)
  • Lower interest rates
  • Higher approval rates
  • Favourable valuations
  • Eligibility for Low Doc finance

These assets are considered “low-risk” across most lenders' credit policies.

Examples of Yellow Goods

  • Excavators
  • Skid steer loaders
  • Bulldozers
  • Graders
  • Wheel loaders
  • Backhoes
  • Compactors and rollers
  • Telehandlers

All of these assets have strong lending lifespans and hold value well over time.

Official reference: business.gov.au

What are Yellow Goods?
Heavy construction machinery commonly used in earthmoving and civil works.
Why are they called Yellow Goods?
Most manufacturers paint their machinery yellow for visibility and industry tradition.
Are Yellow Goods easy to finance?
Yes — they have strong resale value, long useful life and high lender confidence.
Do Yellow Goods qualify for Low Doc loans?
Often yes, especially when the asset is newer and in good condition.
Do they depreciate slowly?
Yes — heavy machinery typically depreciates slowly, which improves finance terms.