Yellow goods finance

Get competitive industry-specific finance solutions to purchase all types of yellow goods

Competitive yellow goods finance

We offer competitive finance options that are there for the long haul to help you purchase quality new and used equipment

Competitive rates for all equipment

Taking your business to the next level means investing in quality equipment that is robust and reliable. However, finding financial solutions can sometimes see the application process moving at a snail pace when you approach mainstream financial institutions. At Savvy we understand the needs of your business to purchase the best in yellow goods. Our experience in the industry ensures that you get access to competitive rates to help you purchase your equipment fast and easy.

Fair deals

Find low rate finance solutions to purchase dozers, dump trucks, large & small haul trucks, large excavators or any type of yellow good. At Savvy we have the right fit for you. We source equipment loans from over 25 of Australia’s leading lenders and bankers to help you get a fair deal with the lowest rates that will help you upgrade your fleet to equipment that has the modern technology edge and reliability to help you get the job done.

See how we can help you with your yellow goods finance

We use our extensive experience in yellow goods finance to help you gain approval. You get a personalised consultant from start to finish.

Calculate, compare commercial finance lenders and save

Savvy has access to all major banks and lenders in the country. We hold accreditation with all the major lenders in the country and have experienced consultants to tackle any requirement.

LenderProduct NameAdvertised RateComparison RateMonthly Repayment
Savvy Secured Equipment Loan 4.99%
6.60% $566.00
BankWest Business FeeSaver Loan - Res Sec 5.80%
5.80% $577.20
BankSA Business Loan Variable 6.78%
6.78% $590.93
ANZ Business Loan Variable - Res Sec 7.10%
7.10% $595.45
Commonwealth Bank BBL Var Non-Res Sec 7.81%
7.81% $605.57

* Commercial loan with the loan amount of $40,000 is looking at a 5 year secured fixed rate of 2.85% p.a. and comparison rate of 3.93% p.a.. WARNING: all fees and charges may not be included on the example above, only the comparison rates, monthly repayment and total cost applies. Therefore, the total cost of the loan might be different. Comparison rate do not include broker fees, redraw fees, early termination fees and fee waivers. Comparison rate may change as a result of the different loan terms, fees and the loan amounts. Establishment fees and monthly fees do not apply to commercial loans, only consumer loans. However, there might be different fees apply.

Common questions on yellow goods finance answered

Yellow Goods frequently asked questions answered

What type of equipment can I finance?

At Savvy we provide financing for all types of yellow goods such as construction equipment, mining equipment, large & small haul trucks, dozers, large excavators, loaders and more. If it’s yellow goods we finance it.

My business is new. Can I still get financing?

Yes. At Savvy we offer tailor-made solutions for business that are new.

When can I make payments?

At Savvy we offer flexible repayment plans that range from weekly, fortnightly, or monthly to work with your cash flow.

How long are your financing terms?

We have flexible financing terms that range from 12 months to 7 years.

Are there potential tax benefits?

Yes. Your commercial finance options allow you to claim GST, depreciation and interest on heavy plant, machinery purchases, or leases. In some cases, you can claim the fuel input tax credit.

How do I know that leasing is the right option for my business?

At Savvy we are here to help you evaluate which finance option will be suitable for your business. You can speak to one of our consultants to find out which one will work for you.

What happens to the goods at the end of a lease contract?

You will be given the option of purchasing the vehicle outright provided that you settle the residual value payment.

Your helpful guides to Yellow goods finance

Our helpful guides on Yellow goods finance will help you make an informed decision

Purchasing Yellow Goods at an Auction

It is not unlikely for business owners to look towards private sales and auctions to purchase their machinery that will get the job done, but there are a few things that you can do to make purchasing your yellow goods at an auction worth your while. Planning in terms of how much you are willing to spend will prevent you from purchasing an equipment that takes a huge chunk out of your budget. Researching can help you to be better prepared in negotiating a better deal.

Managed obsolescence

Machinery is the backbone that keeps businesses moving forward. The intense workload and movement these machines must endure means that they wear and tear at a quick rate. More business owners are faced with the challenge of being able to manage the obsolesces of their machines without costing their business. Finance options such as operational leases allow you to manage the obsolescence of your machinery by making it easier to upgrade at a low cost.

Lease options

Leasing is a common option that can help with making purchasing yellow goods easier to purchase. For businesses that do not have enough capital can get access to 100% financing that comes with flexible repayment schedules to make repaying your loan easier. Leasing provides business owners with various options when they reach the end of their loan term. Once you have paid the residual in full you are able to get ownership of the machinery, sell it or upgrade it.

Reduced risk

Choosing a finance option that comes with reduced risk will be beneficial in many ways. Buying yellow goods is not an option that is viable for many businesses. Therefore, considering other ways to finance it must be weighed against the risks. Depending on the type of financing, you will be able to find a solution that handles your maintenance and tax costs which reduces costs. Financing leases remove having to claim the full GST on the purchase price along with an input tax credit.