Finance question
Can I finance a generator?
Yes. Diesel generators are portable, resaleable assets, so they finance well secured by the unit itself, up to $500,000. A towable site genset, a standby generator for backup power or a hire fleet unit can all be funded, often low doc or no doc, subject to lender assessment.
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The short answer
The genset secures the finance
Generators finance well because they hold value and there is a clear used market for them. A towable diesel genset on a construction site, a standby unit backing up a factory or cold store, a prime power set on a remote or off grid site, and hire fleet generators all suit equipment finance secured by the machine. Hire companies, builders, event operators, farms and remote sites all fund gensets this way.
Because the generator is the security, many deals settle without full financials. Across 40+ lenders the appetite varies by kVA rating, brand, age and whether the unit is new or used. A late model set from a recognised maker reads cleanly, and matching your unit and your business to the right lender is what gets a sharp structure rather than a decline.
For a hire business the generator earns on day rate, which strengthens the case. A unit going straight onto sites or into a hire fleet services its own repayments from the work it wins. We package the spec and the intended use so the deal is judged on the whole picture, whether it is one unit or several.
Do you qualify?
What makes a generator deal fundable.
A specific genset
Towable, standby, prime power or hire fleet unit.
An active ABN
Hire firms, builders, farms and sole operators all qualify.
It earns on hire
A unit on day rate services its own repayments.
Rating and brand
A recognised maker and clear kVA read cleanest.
Why generators finance well
Clear resale
Recognised gensets hold value on the used market, so the security holds up.
It works on hire
A unit out on sites pays for itself from the day rate it earns.
Lenders differ
Appetite varies by rating and age. A broker knows which lender suits.
A real example
A plant hire business wants two towable diesel gensets at $95,000 the pair to meet demand from local sites. New units from a known maker on a supplier invoice. Secured on the machines and placed with a lender comfortable on hire fleets, approved with light documentation. Illustrative only.
Common questions
Frequently asked questions
Can I finance a used generator?
Yes. Used gensets are commonly financed; rating, brand and age shape which lenders suit and whether a deposit helps.
Can I finance more than one unit?
Yes. A hire fleet of several generators can be financed together, secured across the units, subject to lender assessment.
Do I need financials for a generator?
Often no. Because the unit secures the loan, many deals settle low doc or no doc, subject to lender assessment.
How fast can it be approved?
Straightforward genset deals are often approved in 24 to 48 hours once we have the unit details and your ABN.