BUSINESS LENDING HUB

Can You Finance a Road Profiling Machine in Australia?

Can You Finance a Road Profiling Machine in Australia?

Yes, absolutely. Road profiling machines—also known as cold planers or milling machines—are classed as heavy construction equipment and are eligible for asset finance across most lenders in Australia.

Despite being a niche item in the road construction world, they’re commonly financed by businesses doing large-scale resurfacing or reconstruction projects for local councils, highways, and infrastructure.

How Much Do Road Profilers Typically Cost?

Road profilers vary significantly depending on size and capacity:

  • Compact/Mini Profilers: $80,000 – $150,000

  • Mid-size Profilers: $200,000 – $350,000

  • Large Full-Width Profilers: $400,000 – $750,000+

Due to the high ticket price, most finance applications for this asset will fall into full-doc territory, where lenders require financial statements, BAS, or bank statements.

Who Finances Road Profiling Machines?

Typical borrowers include:

  • Civil works contractors

  • Asphalt and road resurfacing companies

  • State and local government road crews

  • Infrastructure maintenance providers

If your team operates on bitumen, highways, or industrial zones, road profiling machines are a critical part of your fleet—and lenders know it.

Can You Finance a Used Profiler?

Yes, both new and second-hand units are financeable. The key is ensuring:

  • The age and condition meet lender policy (usually <10–15 years old)

  • The machine has clear title

  • It’s being sold by a dealer or known seller (private sales are sometimes approved with extra documentation)

What About Low Doc Options?

Due to most profiling machines being over $250,000 in value, low doc finance won’t apply in most cases. That said, if you're financing a smaller unit or bundling with another asset, a low doc or "replacement policy" might still work under $150k.

You'll typically need:

  • 12+ months ABN

  • Equipment quote

  • Bank statements or BAS for servicing proof

What’s the Fastest Way to Check Eligibility?

You can get started in less than a minute and see if you're pre-qualified.

👉 Check if you qualify

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DISCLAIMER

The information provided on this website is general in nature only and has been prepared without considering your financial needs, circumstances and objectives and should NOT be construed as financial, taxation or legal advice. For more information, get in touch with our experienced partner brokers today.

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All Your Questions Answered

What is a car loan and how does it work?

A car loan is a finance product where a lender provides funds for you to purchase a vehicle, which you repay over time with interest.

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Secured loans use the car as collateral, often leading to lower interest rates. Unsecured loans don’t, but usually have higher rates.

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Most car loans offer terms from 3 to 7 years. Find out what term suits you best.

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Interest is based on the loan amount, term, and rate. Fixed-rate loans have predictable repayments, while variable rates can change.

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Yes, many lenders accept private sellers. You’ll need to provide extra documents.

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Yes — many lenders offer better rates due to your stable income. Explore finance options for government employees.

Can I apply for a car loan while on probation?

Yes. Many workers are approved during probation.

What credit score do I need as a government employee?

A score of 650+ is ideal, but lower scores may still be considered.

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Yes, especially if you're full-time with strong income.

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Yes, many government departments support novated leasing.

Can I get a car loan with no credit history?

Yes, it's still possible to get a car loan with no credit history.

What if I’ve been declined elsewhere?

A broker can help restructure your application for better results.

How do I check my credit score?

Use Equifax, Experian, or Illion for a free check.

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Yes, if your income supports both loans. A broker will assess your capacity.

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Typically: ID, payslips, and bank statements.

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Yes, if you’ve worked consistently for 6+ months.

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Yes. Consider a low-doc loan.

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Yes, when paired with PAYG income.

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Most lenders prefer $30,000+ annually, but this varies.

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Yes, especially if it’s government-backed.

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Yes, most lenders allow used cars under 10 years old.

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Absolutely

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Yes

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Yes. You may even qualify for green car loan discounts.

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Yes you can.

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It’s a lump sum due at the end of the loan term.

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Yes, many lenders allow this without penalty.

Can I pay off the loan early?

Yes — ask if there’s an early payout fee.

Is there a deposit required?

Not always.

What loan terms are available?

1 to 7 years is standard.

How long does approval take?

24–48 hours in most cases

Can I apply online?

Yes — most lenders and brokers accept online applications.

Is a broker better than going direct?

Often, yes. They can compare lenders for you.

Can I get pre-approved?

Yes — and it gives you better negotiating power at the dealership.

What happens after I apply?

Your documents are reviewed, and if approved, the lender issues funds to the seller.

Can I get a loan with a visa?

Yes, in some cases. see finance for visa holders here.

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Yes, but learners may qualify with a co-applicant.

Can I apply with someone else?

Yes, joint applications are allowed.

Can I refinance my current car loan?

Yes — it can lower your repayments or get you a better rate.

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Yes, in some cases. Your job security is a major advantage.

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Yes — consistency in income matters more than job location.

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Yes, especially if you’re returning to work. Here’s how.

Can I use car finance to buy interstate?

Yes — just make sure the seller provides all required documents.

Can I finance a car from an auction?

Yes, but only through select lenders. Ask your broker first.

Will applying hurt my credit score?

Only if you apply to multiple lenders directly. Brokers help protect your score.

Can I get a car loan if I’ve been bankrupt before?

Yes — see bad credit car loan options.

What if I want to upgrade my car before the loan ends?

You can sell the car, pay off the loan early, or refinance.