Equipment, vehicle, and asset finance, structured.

Chattel mortgage: business owns the asset from day one; GST claimable upfront; depreciation and interest deductible. Finance lease: financier owns the asset throughout the lease term; lease payments tax-deductible; GST claimed progressively on each payment; no depreciation by the lessee. Hire purchase: treated similarly to chattel mortgage for income tax purposes; less common in 2026 outside specific industry contexts. The right wrapper depends on the business's tax position, cash-flow priorities and intended hold period.

Under a chattel mortgage, yes, where the business is GST-registered and the asset is used predominantly for business purposes. The GST is claimable as an input tax credit on the BAS covering the purchase period. Under a finance lease, GST is claimed progressively on each lease payment, not upfront. Under a hire purchase, the GST treatment generally mirrors chattel mortgage. General information only; advice on specific GST treatment should be obtained from a registered tax agent.

Yes, most asset-finance lenders fund used assets, though older assets (typically 10+ years) and unusual asset types may have a smaller lender pool. Private-sale purchases require additional verification of ownership and condition. Imported assets require evidence of compliance and registration eligibility. Maxfin confirms financeability and pricing before the borrower commits to a private-sale or used asset.

Asset-finance LVR is typically up to 100% of purchase price for new commercial assets in mainstream categories. Loan amount is also constrained by the borrower's business cash flow. Specialised or used assets may sit at lower LVRs (typically 70% to 80%). Subject to lender criteria. Maxfin runs the assessment across multiple lenders before recommending where to submit.

The $20,000 instant asset write-off has been extended until 30 June 2026 for eligible small businesses (aggregated turnover below $10 million) on assets under $20,000 each, used for taxable purposes. Important timing nuance: the asset must be **first used or installed ready for use** by 30 June 2026, not just purchased by that date. The write-off drops to $1,000 per asset from 1 July 2026 unless further extended. Most readily accessed via chattel mortgage or hire purchase, where the business owns the asset and can claim depreciation; finance leases do not give the lessee depreciation rights, so the write-off doesn't apply under that wrapper. Subject to ATO criteria; obtain advice from a registered tax agent on the specific position.

Depends on the loan size and the lender. Smaller asset-finance applications (often under $150,000 to $250,000) commonly proceed under no-doc or low-doc structures, supported by ABN history, GST registration history and credit profile rather than full financials. Larger applications, or applications from newer businesses, generally require BAS, year-to-date management accounts and personal financial position. Maxfin sends a precise checklist tailored to the application before the borrower gathers anything.

Yes. For larger fleet or plant purchases, Maxfin commonly structures a master facility with sub-loans against each asset. This simplifies administration (one credit limit, one application process) while still allowing each asset's wrapper, term and structure to be set independently. Particularly useful for businesses planning a phased refresh of multiple assets over six to twelve months.

Smaller mainstream asset-finance applications can complete in two to five business days from submission to settlement. Larger or specialised applications take longer, particularly where business financials are required or where the asset itself requires specific verification (used or imported assets). Maxfin coordinates the timeline so the asset doesn't sit at the dealer or vendor waiting on settlement. Subject to lender criteria.