Finance question
Can I get a master finance facility for ongoing purchases?
Often yes. A master facility gives you a pre-agreed limit so you can draw down for asset after asset without starting a fresh application each time. It suits businesses that buy equipment regularly, like a growing fleet operator or a fit-out contractor kitting out site after site. The upfront assessment is done once, then each purchase draws against the approved limit.
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The short answer
One approval, many purchases
A master facility is built for businesses that keep buying. Instead of a new application for every truck, trailer or machine, the lender sets a total limit upfront, and you draw against it as each asset comes along. The heavy assessment happens once, so each later purchase is quicker and lighter to fund.
It suits a clear pattern of buying. A transport operator adding a truck every few months, a construction firm fitting out one site after another, or an equipment hire business growing its fleet all benefit from a facility that is ready when the next asset appears, rather than a cold start each time.
Not every business needs one, and lenders reserve these facilities for operators who buy often enough to justify it. Where it fits, we set it up across the 40+ lenders and match the limit to your buying plans, so you can move on the next purchase inside the usual 24 to 48 hour window rather than waiting on a full new approval.
Do you qualify?
When a master facility earns its place.
You buy often
Regular asset purchases, not a one-off, justify a standing limit.
You value speed
Each draw funds faster than a fresh application from scratch.
A growing fleet
Transport, hire and construction operators fit the pattern well.
An established ABN
A trading history helps a lender set a sensible limit.
Why frequent buyers use one
Assess once
The main credit work is done upfront, so later purchases are lighter.
Move faster
A ready limit means you can commit to the next asset without delay.
Plan your buying
A known limit lets you budget and time purchases with confidence.
A real example
A transport operator adds a prime mover or trailer every couple of months. Rather than reapply each time, a master facility is set with a limit covering the year's plan. Each new unit draws against it and settles in days, keeping the fleet growing without the paperwork restarting. Illustrative only.
Common questions
Frequently asked questions
How is a master facility different to a normal equipment loan?
A normal loan funds one asset with one application. A master facility sets a limit once, then lets you draw for multiple purchases without reapplying each time.
Who is it best for?
Businesses that buy regularly, such as transport, hire and construction operators growing a fleet, where speed and repeat buying justify a standing limit.
Does each purchase still get checked?
Each draw is confirmed against the facility, but the main assessment is done upfront, so individual purchases fund faster.
Can the limit be increased later?
Often yes, subject to lender review. As your buying grows, the facility can be revisited to keep pace.