Breaking Ground (and Everything Else) Safely
Demolition is one of the most demanding sectors in construction โ combining precision, safety, and raw power. Modern demolition rigs, fitted with hydraulic shears, pulverisers, and high-reach booms, allow contractors to deconstruct buildings efficiently while meeting strict compliance standards. But acquiring one outright is no small expense, with new machines often exceeding $500,000.
Thatโs where demolition rig finance steps in. Through a low-doc construction and earthmoving loan, Australian ABN holders can access purpose-built demolition machinery quickly โ without needing full financial statements or years of trading history.
How Low-Doc Demolition Equipment Finance Works
Traditional finance options can move at the pace of bureaucracy, but low-doc loans are designed for active contractors who need machinery on-site fast. The asset itself acts as the main security, streamlining the approval process.
With fast low-doc equipment finance, you can:
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Finance high-reach demolition rigs, shears, crushers, or multi-attachments
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Bundle freight, modification, or repair costs into your loan
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Choose repayment terms that align with project cash flow
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Get approval within 24โ48 hours โ even on used machines
This gives demolition contractors flexibility to scale their fleet and take on larger jobs without tying up working capital.
Contractor Example: From Hire to Ownership
A Sydney-based demolition company was renting a 40-tonne high-reach rig for $12,000 per month. By switching to a low-doc finance setup, they secured their own unit for less than the equivalent of six monthsโ hire costs. The machine now generates profit on every job, and repayments are structured around project completions.
This practical shift from rental to ownership is what makes low-doc finance such a powerful growth tool in the demolition industry.
Application Essentials
Most lenders will only ask for a few core details:
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Active ABN and identification
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Supplier invoice or quote
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Proof of insurance
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Evidence of current or upcoming contracts
If your business is already active in construction or demolition services, approvals can often be finalised within one business day.
Keeping the Fleet Moving
Demolition sites depend on support vehicles to transport crew and smaller attachments. Pairing your equipment loan with small business car finance allows you to fund utes, trailers, or service vehicles under the same low-doc terms โ ensuring your whole team stays mobile.
The Takeaway
Demolition rig finance helps Australian contractors tear down the old and build up new opportunities. With fast, flexible low-doc lending, you can own specialised machinery that strengthens your capabilities, reduces hire costs, and increases project margins โ all while maintaining a healthy cash flow.
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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.