Finance question
What's the maximum I can borrow for equipment finance?
On low-doc terms, equipment finance runs up to $500,000, secured by the asset with often no financials needed. You can go higher, but larger amounts usually call for financials, or you move to property-backed finance, which reaches into the millions.
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The short answer
$500k is the low-doc ceiling, not the hard limit
For a low-doc equipment deal, the practical ceiling sits around $500,000. Within that, the asset does most of the work as security, and many deals settle without tax returns or BAS. For the vast majority of vehicles, trucks, machines and fit-outs, that range covers what a business needs.
Above that figure, the door does not close, the requirements just change. To borrow more, a lender will usually want to see financials so it can assess the business behind the asset. That is a normal step for a larger facility, and it is often straightforward when the accounts support the request.
For genuinely large amounts, property-backed finance is the other lever. Secured against residential or commercial property, it reaches into the $5 to 6 million range at single-digit rates, closer to a home loan than to unsecured business debt, and many of those deals settle with no financials. We look at both paths across 40+ lenders and point you to whichever structure fits the amount, the asset and your timeline, rather than pushing you into one product.
Do you qualify?
What sizes the amount you can borrow.
Up to $500k low-doc
Secured by the asset, often no financials needed.
Higher with financials
Larger facilities are assessed on your accounts.
Property unlocks more
Property-backed finance reaches $5 to 6 million.
The asset itself
Its value and type shape the amount a lender supports.
Why the limit moves with the deal
Low-doc has a ceiling
Up to $500,000 without financials keeps things fast and simple.
Financials lift it
Show the business behind the asset and lenders extend further.
Property goes bigger
For seven-figure needs, property-backed finance is the path.
A real example
A civil contractor needs $460,000 of machinery. It sits inside the low-doc range, so the fleet is financed on the assets without full accounts. When the same business later needs $1.2 million, we move it to a property-backed facility instead. Illustrative only.
Common questions
Frequently asked questions
What is the low-doc maximum?
Around $500,000, secured by the asset and often with no financials required. It covers most vehicles, trucks and machinery.
Can I borrow more than $500,000?
Yes, but larger amounts usually call for financials so the lender can assess the business behind the asset.
How do I finance a seven-figure amount?
That is typically property-backed finance, secured against property, which reaches the $5 to 6 million range at single-digit rates.
Does the type of asset affect the maximum?
Yes. The asset's value and how well it holds that value over time both shape how much a lender is comfortable advancing. Mainstream vehicles and machinery tend to support the fullest amounts, while unusual or fast-depreciating assets can be sized more conservatively.