Why speed matters here
Downtime is the real cost of a breakdown. A truck off the road loses its run and a dead coolroom loses its stock. Asset finance doesn't cover repairs, and credit cards rarely stretch far enough. A fast loan does.
How we can fund it
Property-secured
Major rebuilds and engine replacements running into six figures can be funded against property with no financials.
Up to $5M · as little as 24 hrs · no financials
Cash-flow loan
Most repairs are covered by a cash-flow loan based on your bank statements. It's fast, simple and repaid over a short term.
From bank statements · as little as 2 hrs
What helps us move fastest
- Repairer's quote
- The asset's details
- Recent bank statements
- How long the asset has been down
A coolroom failure in a heatwave
A Darwin seafood wholesaler's coolroom compressor failed with $60,000 of stock inside. We approved a $22,000 cash-flow loan that morning and a refrigeration tech had it running by mid-afternoon.
Frequently asked questions
Can I get a loan for equipment repairs?
Yes. Repairs are a common use for fast cash-flow loans. Asset finance generally isn't available for repairs because no new asset is being bought.
How quickly can I pay the repairer?
Cash-flow loans can be funded in as little as 2 hours after approval, so you can pay the repairer the same day.
What about repairs covered by insurance?
We can fund the repair now and you repay when the insurance claim is paid.
Does it cost anything to apply?
No. There's no cost to apply or check your eligibility. All costs are set out in writing in your loan offer before you sign anything.
