Australia's #1 lowest rate mining equipment finance solutions.

Get a personalized loan that suits your business needs.

Utilize our free service to grow your business by comparing competitive mining equipment financing deals for cheap interest rates, repayments and flexible loan terms.

Loans from $20,000 up to $5,000,000. No financials required for ABN holders up to $500,000.

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Compare and save on equipment finance.

Welcome to Overdrive Commercial Funding, an industry-leading provider of affordable and transparent mining machinery finance solutions in Australia that caters to businesses of various sizes, ranging from small start-ups to large enterprises. Our team of experienced specialists offers strategic consulting and guidance to ensure long-term success for forestry and logging workers.

Our mining equipment finance experts have over 30 years of experience and have extensive knowledge of our wide network of 60 major banks and non-bank lenders across Australia. This enables us to provide competitive, high-quality solutions that beat any other alternatives available in the market. We separate ourselves from our competitors by prioritizing transparency and long-term, sustainable solutions rather than opting for quick, short-term fixes that might compromise the goals you have in mind for your business. When you choose to work with us, you can expect a seamless equipment acquisition process and a commitment to providing valuable consulting and fulfilling our promises to help your business achieve new levels of success.

No matter what type of machine you're looking to purchase — whether it's brand new or used, from dealerships, private sellers, or auctions — we will find the right solution for your credit profile. We offer a variety of cost-effective loan, finance, rent-to-own, and leasing options for a broad range of mining equipment, such as drillrigs, shotcrete machines, concrete mixers, underground loaders and haulers, shotcrete machines, scrapers, crushers, articulated dump trucks and many more that are essential for the mining industry.

Our focus is on delivering premium customer service and customizing solutions to fit your specific requirements. This ensures that you can fully maximize your savings and enjoy the benefits of your upcoming mining equipment loan without any concerns or unforeseen surprises. Our promise is to provide our clients with peace of mind and confidence throughout the entire process, from the moment they apply until their machinery is ready for pick up and on the road.

Ready to take your business to the next level? Complete our simple online form or call us at 1300 883 859 when it's time to discuss your business requirements at no cost (our services are 100% free) and our team of professionals will handle the rest.

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Low-cost mining equipment finance & loans.

Take advantage of our low interest rates, affordable repayment plans, and flexible terms.

Bucket Wheel Excavator Finance

Dragline Excavator finance

Grader Finance

Drillrig Finance

Jaw Crusher Finance

Shotcrete Machine Finance

Mining Shovel Finance

Crane Lift Finance

Bulldozer Finance

Underground Loader & Hauler Finance

Feeder Breaker Finance

Blasthole Drill Finance

Wheel Tractor Scraper finance

Continuous Miner Finance

Mining Truck Finance

Drone finance

Jumbo Drill finance

Impact Crusher Finance

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Brands we finance everyday.

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We are focused on gaining an in-depth understanding of your business in order to provide strategic consulting for your next deal and all future purchases.

Over 30 years of experience in mining equipment finance.

Why work with us?

  • Free service with no hidden fees - ever!
    Qualified equipment finance specialists
    Upfront, honest and transparent
    Our experts help you save time and money
    We will always answer your phone calls
    Access to major banks & 60+ lenders
    Same-day approvals and fast settlements  
    Competitive rates, repayments & loan terms
    Solutions for various credit profiles
    Established, new and 1 day ABN holders
    Balloon payment and early payout options
    No deposit options
    Credit score protection
    Zero paperwork: We handle all the hard work
    100% repeat business due to our cheap rates & service
    Dedicated support for the lifetime of your business
    Client-focused Australian-owned company
  • GET A FREE QUOTE!

Apply anytime, anywhere, for equipment finance with our simple online form.

We ensure full disclosure of your true interest rate, terms, and conditions before finalising any agreements. This guarantees a seamless experience, allowing you to fully enjoy your asset without any unexpected surprises.

Simply complete our simple form to get a free no-obligation quote that will allow you to compare rates and repayments with 60+ banks and non-bank lenders.

Quotes will have zero impact on your credit score*
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Mining equipment finance Australia wide.

  • New South Wales (NSW) Queensland (QLD), Western Australia (WA), South Australia  (SA), Tasmania  (TAS) and Northern Territory (NT) major cities and surrounding areas: Sydney, Brisbane, Gold Coast, Melbourne, Adelaide, Perth, Darwin, Canberra, Geelong, Townsville, Hobart, Cairns, Alice Springs and anywhere in-between!

Mining equipment loans for ABN holders.

  • Companies
    Sole traders
    Partnerships
    Trusts
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Our simple mining equipment loan process.

01
Get A Free Quote
Receive a complimentary comparison quote by completing our short online form or giving us a call to discover the wide range of affordable equipment financing options at your disposal for you and your business.
02
Conditional Approval
We will conduct a credit profile evaluation that will not leave any imprints in order to find the most suitable lender for your equipment loan and obtain a quick pre-approval. You can shop and enquire with confidence, or if you've already found your asset, we'll initiate the settlement process.
03
Sign Documents
After we receive confirmation of the settlement, we will thoroughly review your loan terms and repayment options to make sure they meet your needs and preferences. Once the contract is ready, it will be sent to you for your review and signature.
04
Get Funded
Once the funds are ready to go, we will make sure to contact you and extend our best wishes on your successful purchase. Afterward, you will be able to proceed with collecting your mining equipment at your convenience.

We have a wide range of mining machinery finance solutions available to meet the unique needs of your business.

Dedicated to assisting Australian business owners for the long haul, guaranteeing they receive competitive advantages for mining and quarry equipment & machinery loans.

Equipment finance made easy.

Our experienced consultants offer an extensive range of services and affordable solutions.

Fast approvals & turnarounds.

Apply online or give us a call to find out if you're eligible for a pre-approval in just minutes. Obtain a formal equipment finance approval within 24 hours. For low doc applications you can receive funds within 48 hours.

Loans from $20K up to $5M.

✔ No-doc & low-doc mining equipment finance (no financials) up to $500,000
✔ Full-doc mining equipment finance applications up to $5M
✔ No deposit mining equipment finance options
✔ Balloon options to reduce payments
✔ Early payout options
✔ Security is only taken on the asset

Credit score protection.

Before your online application is matched with a suitable lender, it undergoes a thorough, soft touch evaluation of over 1,000 lender policies. This evaluation is done without leaving any imprint, ensuring that your credit score remains protected. *Evaluations are covered by us.

No paperwork or wait times.

We'll handle every step required, ensuring a smooth and hassle-free process for you. No need to stress about long waiting times or excessive paperwork from the banks or other organizations.

Tax effective solutions.

At Overdrive, our consultants are dedicated to understanding your unique business needs in order to negotiate tailored solutions that consider your tax obligations, cash flow requirements, and overall business goals.

Low monthly repayments.

You have the advantage of being able to compare competitive mining equipment finance rates, repayments and flexible loan terms through our extensive network of over 60 trusted Australian banks and non-bank lenders.

Personalised service.

We value our proactive and personalized approach, which is a key component of our service. We understand that every client and application has unique needs and requirements, and we are committed to providing them with the necessary support.

Guidance and support.

We are committed to providing comprehensive support and peace of mind throughout the entire equipment loan process, from start to finish. Our primary focus is ensuring that our clients receive the highest level of service and assistance, both during and after settlement.

Come for rates -
Stay for service.

We are focused on delivering the best rates in the mining equipment & machinery finance industry. We are committed to providing exceptional service and working diligently to help our clients achieve their long-term goals.

Sale & leaseback solution.

Take advantage of our sale & leaseback to raise capital against your current assets! For example, you can borrow the value of your equipment if you own it outright. If your equipment is valued at $50K, you have the option to secure a loan for the same amount using your equipment as security.

Mining equipment refinancing.

You can refinance your mining equipment through Overdrive Funding. In the event that you desire a better interest rate on your loan, a balloon refinance, or payment terms, give our specialists a call, and we will handle the rest to get you a better outcome.

Insurance solutions.

When needed, we can assist you in securing equipment insurance. Our network includes reputable equipment insurance providers who can offer expert guidance on insuring your mining equipment.
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We've assisted thousands of Australian business owners just like you.

Our 100% repeat business success is a testament to our competitive rates, extensive industry knowledge, and exceptional customer service.

Mining equipment finance brokers with the lowest interest rates.

Contact us today and work with a professional broker who has more experience in finance.
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Fast & easy approvals
Secure the best rates
100% client success rate
We build long term relationships

Mining equipment finance in Australia FAQ's.

We have expertise in equipment finance and you can too.

Everything you need to know about our equipment loans.

Can you finance used equipment?
We have extensive experience in the second-hand industry, as our client base mainly comprises individuals looking for financing for used mining equipment.
How long can you finance equipment?
The terms of mining equipment loans can range anywhere from one to seven years.
What is a good monthly equipment payment?
It's important that your equipment loan payments fit your budget and that you have enough cash flow to cover your business expenses. The amount you need to repay depends on factors like the loan term, purchase price, and interest rate. When you turn to Overdrive Funding, our team will help you find the right loan term that matches your credit score and budget.
Is there a service fee?
Never! We provide a completely upfront and honest free mining equipment and machinery finance and loan comparison service with ZERO hidden fees to businesses and abn holders in all industries Australia wide.

This way, you'll never have to worry about unexpected service fees. Our compensation comes from the lenders we work with, not from our clients. It's important to note that some brokerage firms may have different policies and could surprise you with unexpected fees during settlement. This is something that we do not support.
What type of mining equipment & machinery do you finance?
We have the ability to provide low-cost financing for any mining and quarry  equipment & machinery you are interested in buying for your business. This includes a wide range of options for new or used equipment, such as Bucket Wheel Excavators, Dragline Excavators, Graders, Drillrigs, Crushers, Shotcrete Machines, Crane Lifts, Mining Shovels, Bulldozers, Underground Loaders & Haulers, Breakers, Wheel Tractor Scrapers, Drones, Drills, Breakers Mining Trucks and a number of others.

Rest assured that regardless of the equipment you have your eye on, we have the ideal financing option to suit your business needs.
How long does it take for my equipment finance to be approved?
We typically process equipment finance approvals within 24 – 48 hours of receiving all your details. Kindly provide us with your desired timeframe, we can assist you in securing approval for the machinery and finding the most suitable lender to meet your deadline. Mining equipment loans over $250,000 may encounter a slight delay of a day or two during the application process. This may involve additional documentation that must be fully assessed and organised for your approval.
I have been quoted elsewhere, can you beat it?
Overdrive offers access to highly competitive mining machinery and equipment finance interest rates, repayments, and loan terms in the market. We take great pride in being able to beat your current rate when given the opportunity.

We will provide you with accurate and transparent feedback after assessing the equipment you plan to purchase, your existing repayment structure, and the present position of your business. Our team at Overdrive is committed to ensuring your approval for a low interest rate solution. You can trust us to deliver on our promise.

If we can't match your interest rate, it indicates that you are already receiving an excellent rate for your equipment purchase. In that case, we will advise you to accept the current offer without attempting to persuade you otherwise.
I have poor credit, can I still get equipment finance?
Yes, we do provide financing options for individuals with poor credit scores who are interested in purchasing mining equipment. We understand that facing financial challenges is a common occurrence, and we are here to offer solutions that can assist you in overcoming these obstacles while financing your equipment.
How can I get finance for equipment?
Getting in touch with a mining equipment finance broker who has many years of experience is the simplest and most efficient way to obtain an excellent finance deal. Equipment finance loans are Overdrive Funding's areas of expertise.
What is the interest rate for equipment finance?
Our rates start as low as 6.89% but the interest rate for your equipment finance loan is influenced by a range of factors, including your credit history, the loan amount, and the age and type of equipment you are purchasing.  

By working with a reputable mining equipment finance broker such as Overdrive Funding, you can be confident that you will receive a tailored rate, repayments, and loan terms that are suited to your specific requirements and credit profile.
Why should I use Overdrive for my mining equipment finance?
At Overdrive, we specialize in mining equipment finance, leveraging our in-depth industry knowledge to secure tailored, low-cost loans for our clients. We take the time to understand the ins and outs of your business, ensuring that we can secure the most suitable loans for your needs. Our familiarity with each bank's interest rates and lending policies streamlines the application process, making it both informative and cost-effective. With us, you'll have a single point of contact for all your equipment purchases, and we take pride in delivering on this promise.

When comparing our services to traditional banks, rest assured that we can secure identical interest rates for you. Our approach involves strategically obtaining loan approvals without burdening you with extensive application forms or enduring the delays and communication gaps often associated with dealing directly with a bank manager.

Overdrive handles every aspect of your mining machinery purchases, allowing you to focus solely on managing your business operations effectively.
How do I apply for equipment finance and what do I need?
Apply for mining equipment finance through our simple online form or by contacting us by phone. We are here to assist you in comparing finance rates and loan options from a wide range of banks and non-bank lenders across Australia.

In order for our team to get started, all that is required is your driver's license, your income, your ABN and a receipt for the equipment you are buying. Once we have thoroughly evaluated your profile, we will gain a comprehensive understanding and guide you through the strategy and any potential additional requirements to ensure your approval.
I don't have a deposit, can I still apply?
Absolutely! We have relationships with a wide variety of lenders that are able to grant approvals without requiring you to transfer funds from your company's savings account in order to purchase machinery. Our equipment financing loan options that require no deposit tend to be more common.

Please be mindful that your eligibility for a deposit waiver is determined by the history of your business and the current condition of your bank statements, and it is not guaranteed. We would be happy to evaluate your current financial situation and provide guidance to help you secure approval for your mining equipment.
Can you organise insurance for my equipment?
Certainly, we can assist you in securing equipment insurance. Our network includes reputable equipment  insurance providers who can offer expert guidance on insuring your mining equipment.
Do I need to buy my equipment from a dealership?
Mining equipment can be financed through sources other than dealerships such as private sellers or auctions.

Acquiring equipment from a private seller is a standard and routine part of our daily business operations. We will take care of the entire process on your behalf, working closely with the private seller and the financier to ensure a smooth transaction for your equipment loan. We also handle the cost of inspections to ensure that the equipment has a clear title and that its value is in line with the market price.

When it comes to buying mining equipment from an auction, we'll make sure to secure pre-approval for you beforehand. This way, when the bidding starts, you can have full confidence in the amount you are approved for and secure your desired machinery without any hesitation.

Contact our experts today, and we will take care of all the necessary steps to assist you in acquiring the equipment you desire, ensuring a smooth and hassle-free experience as you hit the road.

Access to over 60+ banks & lenders!

We partner with industry leaders to streamline the process, ensuring we get the keys in your hands more swiftly and efficiently.