Excavator Finance Australia — No Tax Returns, Fast Approval

Specialist finance for self-employed operators. No tax returns required. New and used excavators. Approval in 24 hours.

GET A FREE QUOTE   CALL 1800 199 302

Finance built for excavator operators, not bank customers

Banks assess excavator finance the same way they assess a home loan — two years of tax returns, full financials, and weeks of processing. For an owner-operator who needs an excavator on site next week, that process simply doesn’t work.

CarFund is a specialist self-employed finance broker with over 20 years of experience. We arrange excavator finance for ABN holders with no tax returns required, fast approvals, and a process that’s done entirely online or by phone. No branch visits, no mountains of paperwork, no unnecessary delays.

If you hold an ABN and you need an excavator for your business, we can arrange finance — regardless of whether your books are fully up to date.

Excavators and earthmoving equipment we finance

Excavators

• Mini excavators (1–5 tonne)
• Midi excavators (5–10 tonne)
• Standard excavators (10–30 tonne)
• Large excavators (30 tonne+)
• Long reach excavators
• Zero tail swing excavators
• Crawler excavators
• Wheeled excavators

Related earthmoving equipment

• Bobcats and skid steer loaders
• Bulldozers
• Graders
• Backhoe loaders
• Trenchers
• Compactors and rollers
• Scrapers

New equipment through a dealer, used equipment from a private seller, or machinery purchased at auction — we arrange finance regardless of where you’re buying.

What you can borrow

Why operators choose CarFund for excavator finance

No tax returns up to $500,000
Our standard offering for equipment finance is no tax returns required up to $500,000. We work with specialist commercial lenders — including Macquarie Bank and Capital Finance — who understand that self-employed operators run profitable businesses even when the paperwork isn’t fully up to date.

New and used, any age
We arrange finance for brand new excavators through dealers and for used machines from private sellers, equipment yards, or auction houses. An older or high-hour machine is assessed on its condition and value — not automatically excluded because of its age.

Fast turnaround when you need the machine on site
Approval within 24 hours and settlement within 2–3 business days means you’re not losing a job or missing a window because finance is stuck in a queue at a bank.

We only deal with self-employed borrowers
Every lender relationship CarFund has is built around ABN holders. We know which lenders have the best appetite for equipment finance, which ones move fastest, and which ones suit your specific profile. Your application goes to the right lender the first time.

The right finance structure for equipment

For excavators and earthmoving equipment used predominantly for business, two products are worth understanding:

Chattel mortgage
The most common structure for equipment finance. The machine is owned by you from day one. If you’re GST-registered, you can claim the GST on the full purchase price immediately at settlement — a significant benefit on a $200,000+ machine. Interest is tax deductible, and depreciation can be claimed on business use. Balloon payment option available to reduce monthly repayments.

Finance lease
The financier owns the equipment during the loan term; you make regular payments and take ownership at the end. Can suit operators who prefer to keep assets off their balance sheet or who upgrade equipment frequently. GST is charged on each payment rather than upfront. Discuss with your accountant which structure suits your tax position.

CarFund will explain both options as part of your quote so you can make the decision with your accountant informed.

Our process

1 — Free quote in 5 minutes
Call 1800 199 302 or complete our online form. We respond within 30 minutes. Our team is available 7 days a week.

2 — Application in 10 minutes
One short form, online or by phone. This is the only paperwork you fill in for most applications.

3 — Approval in 24 hours
We submit to the right lender for your profile. Most approvals return within 24 hours.

4 — Settlement in 2–3 business days
We pay the seller directly — dealer, private vendor, or auction house — once you’ve confirmed the machine.

Frequently Asked Questions

Can I get excavator finance without tax returns?
Yes. CarFund does not require tax returns for equipment finance up to $500,000. Your ABN, asset position, and credit profile form the basis of the assessment.

Can I finance a used or high-hour excavator?
Yes. We arrange finance for used machines including older and high-hour equipment. The machine’s condition and value are assessed — call us with details of the specific excavator and we’ll give you a straight answer.

Do I need a deposit?
Property owners do not need a deposit. Non-property owners may need a deposit depending on their profile — assessed case by case.

Can I get pre-approved before I find the machine?
Yes. Pre-approval gives you a confirmed borrowing limit so you can negotiate and move quickly when the right machine comes up. Valid for 90 days.

Can I finance a mini excavator?
Yes. We finance mini excavators from 1 tonne upward, as well as larger machines. The minimum loan amount is $20,000.

What if I’ve been declined by a bank?
A bank decline reflects a mismatch between their product and your self-employed situation — not your creditworthiness. Most of our clients come to us after a bank has said no. We operate through specialist lenders who assess ABN holders on their own terms.

Does getting a quote affect my credit score?
No. A free quote has zero impact on your credit file. A credit check is only run when you formally proceed, and only with your consent.

Ready to finance your excavator?

CarFund arranges excavator finance for self-employed operators across all of Australia. The entire process is handled online and by phone — no meetings, no delays, no unnecessary paperwork.

No tax returns. Fast approval. Settlement in days.

GET YOUR FREE QUOTE → — zero credit score impact

Call 1800 199 302 — 7 days a week
Email enquiry@carfund.com.au — responses within 30 minutes

CarFund.com.au | Suite 703, Level 7, 155 King St, Sydney NSW 2000
Self-employed finance specialists — car, truck and equipment — for over 20 years