asset finance

Get ahead with new or used vehicles or equipment

  • save your cashflow with up to four weeks before your first instalment
  • no business is too small
  • apply online or talk to an expert to get the money you need
Apply now

which lending option suits your needs

  • Fair funding for newer businesses
  • From $10,000 to $100,000 for new or used assets
  • Choose a loan or rental
  • Adjust what you pay by changing the deposit or payment term
  • 20% minimum deposit required
  • Fast funding for a wide range of vehicles and assets
  • From $10,000 up to $1,000,000
  • Choose a loan or rental
  • No upfront deposit

applying is quick & easy with thornmoney

Simply complete our easy online application to apply for asset and equipment finance in under 15 minutes

Apply now

1. provide details

Securely enter your personal and business information and we’ll confirm your eligibility


2. personalised rate

Receive a tailored quote which you can personalise to suit your circumstances


3. conditional approval

Upload documents so our team can complete all final checks


4. sign documents

Once approved, we’ll arrange your finance agreement for you to sign online


5. get funded

We’ll transfer the funds to your supplier to finalise your purchase

are you eligible to apply for asset finance?

Check if you are eligible to apply for asset finance with us by ticking the boxes


quickly calculate your repayments

Use our finance calculator

Disclaimer: The calculator will provide an estimate based on the information you put in.

have these handy and get started

While you can resume the application process at any time, we recommend having the following documents ready for a seamless and quick experience:


business details

ABN/ACN, registered business address, tax information


personal details

Drivers licence or passport details from all directors and shareholders


banking details

The account you would like to use for the transaction

a success story

light up the highway

Find out how did thornmoney help this Indigenous-owned company get their specialised equipment.

Learn more

learn more about asset finance

  • Asset Finance
  • Jan 20, 2022
  • 4 min read

what is asset finance

Read story
  • Asset Finance
  • Oct 05, 2021
  • 4 min read

options for small business loans

Read story

frequently asked questions

what is asset finance?
Asset Finance is a common financing solution for businesses that need new equipment or vehicles, but lack the financial capability to pay in cash. In most cases, the immediate returns from the newly acquired equipment can be used to cover the monthly payments for the loan. The asset finance loan covers the full cost of the goods (usually with no upfront deposit) with the asset itself serving as security for the loan. Read more.
are there options for financing equipment with thornmoney?
Thornmoney Asset Finance offers two forms of funding:

1. Rental Agreement – whereby thornmoney buys the equipment directly from a customer-selected supplier and “rents” the equipment to the customer;

2. A loan also known as a Chattel Mortgage – A customer purchases the equipment and then seeks funding from thornmoney to reimburse them for the cost of the goods, either using a Chattel Mortgage, where the customer retains ownership of the goods, or where thornmoney takes an interest on the asset as security and the customer sells the goods to thornmoney.
how much can my business borrow from thornmoney asset finance?
At thornmoney, we believe that no business is too small. Hence, our asset finance product offers funding from as low as $10,000 up to $1,000,000.
does it take long to get approved?
Thanks to our cutting-edge thornmoney platform, the average approval time is significantly reduced. You can complete an application in 15 minutes. Approval can be as quick as 24 hours.
what types of assets can I get finance for?
Generally, we cover most assets that your business needs except some excluded areas such as cafe, restaurant, beauty, hairdressing assets, and A/V equipment which are outside our risk appetite. Any financed asset must be appropriate for the business and the business’ operations with at least 50% business/commercial use, and be located in Australia. Contact us to check out whether thornmoney covers your desired asset.
what is Instant asset tax write-off?
Asset loans for new and used business equipment and vehicles may qualify for Instant asset write-off. You can find out more information here from the ATO. You should get advice by speaking to your accountant or tax advisor to determine whether your business and the asset you want to purchase is eligible.
can I contact thornmoney directly to know more about asset finance or do I have to go through a broker?
Yes, of course! If you think our asset finance product is a great fit for your business demands, contact us directly via Contact Us page and one of our helpful staff will get in touch shortly. Otherwise, you can request your broker or your accounting company to contact thornmoney and let us handle the rest.

let’s get started

We’re ready to help you take your business
to the next level

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