Get Started
Compare 80+ lenders in under 2 minutes
Loan AmountThis won't affect your credit score
Efficient, Convenient Services for Cost-effective Forklift Loans
With practicality, convenience and efficiency, we work with operators to secure cost-effective funding for all types of lift trucks and materials handling machines. Sourcing and structuring solutions that work with cash flow and facilitate the acquisition of these essential machines to keep logistics, distribution, warehouses, factories and construction operations running smoothly and efficiently.
This won't affect your credit score
Get the Best Deal!
Compare Forklift Loan Interest Rates
To ensure solutions genuinely work with our client’s cash flow, we focus on achieving lower rates across our portfolio. Using the leverage we have built within the commercial lending sector to provide a solid basis – a lower interest rate, to ensure lower repayments and more sustainable funding over the life of the pallet trucks. Use our current rates when preparing budget for acquisitions or contact us directly for a quote on one truck or an entire fleet.
Loan Product | Interest Rate | Monthly Repayment |
{{Loan Product}} | {{From - Advertised Rate}} {{Rate Type}} |
${{Payment Amount}} Monthly |
Disclaimer: This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Today's best rate
Finance Equipment From
4.99 % Fixed
* The interest rate is calculated on a secured loan for commercial use, effective 18/11/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Today's best rate
Finance Equipment From
4.99 % Fixed
* The interest rate is calculated on a secured loan for commercial use, effective 18/11/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Efficiently Calculate Interest Rates Estimates
How to Calculate Forklift Loan Estimates
To assist in preparing budgets to purchase materials handling machinery, use our finance calculator to work up funding estimates, compare makes and models and make decisions around preferences for funding structure.
- Quickly obtain forklift loan repayment estimates prior to application.
- Compare forklift finance on makes and models.
- Prepare forklift loan budgets.
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Utilise Our Specialist Services Today!
Get Finance for Forklifts the Convenient Way – Use Our Specialist Services
When you need new lift trucks you likely need them promptly, with minimal outlay and with minimum fuss in sourcing the funding. Using our specialist commercial lending services is the convenient way to achieve those objectives. One of our highly skilled consultants with sharp financial acumen and input on the latest asset acquisition tax rulings will be your one point of contact to ensure prompt, efficient and professional service.
Our operating model is straightforward – no referral is required. Contact us directly, brief us on your requirements and we handle the rest. Our approach is detailed, thorough and fast – using smart technology to cover off on over 80 lenders to source and negotiate the lowest rates and most suitable offer. Our outcomes are tax-optimised, individually structured and targeted to achieve specific goals.
As your broker we provide a practical and convenient way to obtain funding for lift trucks that is customised to work for our clients’ operations.
- Australian owned, based and operated broker.
- 20+ years specialising in industrial commercial lending.
- Across tax benefits of asset acquisition funding.
- Structuring targeted forklift finance solutions.
- Member FBAA, Licensed Credit Provider.
Expand Your Reach: Accessing a Broader Lending Market
How to Access Greater Coverage of Forklift Finance Lending Market
Accessing a greater number of lenders can make the difference between obtaining the lowest interest rates and most suitable offer. Through our accreditations we provide access to more than 80 lenders which includes the major and other banks as well as non-bank lenders. Providing clients with extensive coverage of the commercial lending market to ensure the most affordable lift truck funding solution is secured.
- Access to 80+ lenders – banking sector, non-bank sector, specialist broker-only lenders.
- Access for clients across Australia, all industries.
- Access to lenders specialising in materials handling machinery.
Diverse Portfolio of Financing
Finance Types for Forklift Loans – Complete Portfolio Available
Commercial entities have varying funding requirements based on the accounting method used, the balance sheet strategy, approach to tax and targeted objectives. To suit the varying requirements, a selection of asset acquisition funding products is available. Clients are advised to discuss which product will work best for their individual set-up with their accountant or CFO.
We secure solutions with a fixed interest rate, negotiated fixed terms and repayment schedule to work with cash flow. Balloon and residual options are available. The selection of credit products is applicable to new, used and reconditioned lift trucks. If upgrading a number of machines, speak with our consultants about sourcing one funding package to cover the full expenditure.
- Chattel Mortgage Forklift Finance
- Forklift Lease
- Rent-to-Own Forklift Loans
- Commercial Hire Purchase Forklift Finance
- Specialist solutions – No Doc, Low Doc, Sole Trader Forklift Loans
- Terms up to 7 years
- New, Used, Reconditioned Forklift Finance
- Single machine and multi machine finance packages
Diverse Range of Machinery
Forklift Finance Solutions for Wide Selection of Machinery
Different materials handling machines are used across different working environments and different industries. We provide funding for all types of machines for operators in all industries – warehousing, construction sites, factories and manufacturing, logistic centres, transport and distribution hubs, fresh produce growers, market operators – anywhere that machines are required to move and handle goods, supplies and materials.
- Financing for all types of materials handling machines.
- Loans for lift trucks, order pickers, reach trucks, pallet trucks, stackers.
- Finance for forklift models – counterbalance, eco-friendly, no emission models, internal combustion, electric.
- Loans for Crown, Komatsu, Toyota and other forklift brands.
Swift Application Approval - Speed Up Your Operations!
Fast Forklift Loan Application Approval
Where the purchase of lift trucks is urgent, we can get applications approved in 24 hours. If intending to place an order at a field day or bid at auction, we can arrange approval prior to purchase.
FAQs
Forklift Financing
The purchase of lift trucks can be funded through the operator’s choice of Chattel Mortgage, Rent-to-Own, Leasing and Commercial Hire Purchase.
The interest rate varies with the choice of funding product and with variations in individual applications. Lenders assess applications and make offers according to the assessment of creditworthiness and other guidelines. Rates shown by lenders typically apply to new machines and for applications that meet all the lender criteria and have a good credit rating.
The same finance products can be used for the purchase of reconditioned and new materials handling machines. These are:- Chattel Mortgage, Rent-to-Own, Leasing and Commercial Hire Purchase. Interest rates and lending conditions may vary for new and used machines.
The credit term offered on materials handling machine funding will be subject to lender approval. Terms of up to 7 years can be approved on asset acquisition funding.
The tax deductions vary with the different credit products. Rent-to-Own and Lease have tax deductible repayments. CHP and Chattel Mortgage have deductions through the depreciation of the lift trucks.
All types of materials handling machinery would be considered as included in the same category of lending. This can include order pickers, lift trucks, reach trucks, pallet trucks, stackers and other models.
The balloon is a portion of the credit total which is set aside and due for payment in full at the end of the credit term.
Yes. Applications for commercial credit can be submitted and approved prior to purchasing the assets. An indication of the goods to be purchased and an estimate of the amount required would need to be provided for the lender to provide a quote and approve the application.
Used materials handling machines can be funded with the same credit products as new machines – Chattel Mortgage, Rent-to-Own, Leasing and Commercial Hire Purchase.
If a new entity does not have all the financials to meet the commercial credit application criteria for some banks and lenders they may seek no doc and low doc options. These are available through brokers and specialist lenders.