The bank takes weeks. We take hours. Turn the equity in assets you already own into the cash to buy the equipment you need.
Need cash for something other than equipment? See emergency funding and bridge funding. New to this? Read what asset-based lending is.
The supplier won’t hold the price. The auction is Tuesday. The trade-in expires Friday. The contract starts Monday. Whatever the reason, the bank’s six-week approval doesn’t fit your timeline.
So you’ve got what you need when timing matters. No credit checks. No financials. No property security. Just same-day funding when the bank can’t move.
We’ve funded everything from Bradman’s baggy green to hoverboards, rare artwork, and serious yellow goods.
Some opportunities run on their own clock. Here’s what’s usually at stake.
The 15-25% off only lasts while stock does. Once it’s gone, you’re paying retail.
That excavator. That truck. That fleet at auction. Someone else will buy it Tuesday.
The job you won that starts Monday. Without the equipment ready, you can’t deliver.
The bank works to its timeline. We work to yours.
Real situations where unlocking an owned asset gave the business what it needed, when it needed it.
Plant Hire Company, regional NSW
Situation: June 28. Distributor offering 22% off a $350K loader before EOFY. Bank approval not coming until late July. The discount disappears at midnight Friday.
Asset: Two trucks worth $280K combined, in daily use.
Solution: Advanced $270K via Track It. Trucks stayed working. Loader purchased June 30. Bank refinanced 6 weeks later. Net saving on the discount: $77K.
Earthmoving Business, Bendigo VIC
Situation: Dealer offering $80K trade-in if upgrading by month-end. Trade-in offer dropping to $55K after that. New excavator price held until same date.
Asset: $180K skid steer, owned outright.
Solution: Advanced $150K via Park It. Trade-in completed within window. Saved $25K on the trade-in alone, plus locked in the upgrade price.
Mining Services, Mt Isa QLD
Situation: Liquidation auction of competitor’s fleet. Saturday. Cash settlement at fall of hammer. Three trucks they wanted to bid on at expected sale price ~$340K.
Asset: $500K worth of existing trucks, all working.
Solution: Approved Friday afternoon for $340K Track It. Won the bidding Saturday. Bought $480K of trucks for $310K. Net saving vs market: $170K.
Civil Contractor, Brisbane QLD
Situation: Won $1.2M roadworks contract. Need additional grader to deliver. Equipment needs to be on-site Monday. Contract starts the same day.
Asset: $220K worth of paid-off equipment.
Solution: Advanced $180K via Track It on Thursday. Grader purchased Friday. On-site Monday. Contract delivered on time.
Most equipment purchases settle inside 48 hours.
Three ways to use what you already own. The right product depends on whether you can spare the asset, need to keep using it or are ready to release it. Compare all three products.
| Park It | Track It | Sell It | |
|---|---|---|---|
| In a line | Asset stored. Capital today. | Keep using it. Capital today. | Capital today. The sale completes the loan. |
| Where the asset is | Securely stored with us | Stays with you, GPS-tracked | Prepared for auction |
| Use during the term | None | Continued, as normal | None |
| Asset returns | Yes, when you’re done | Yes, when you’re done | No, the sale closes the loan |
| Best for | An asset you can park for up to 9 months | An asset that needs to stay in service | A strategic exit on an asset you’re ready to release |
| Learn more | View Park It | View Track It | View Sell It |
The bank takes weeks. When the timing matters, we move in hours.
Your credit score doesn’t matter. We assess the asset, not the borrower.
No BAS. No tax returns. No P&L. Just the existing asset.
Your home stays out of it. Security stops at the asset you put up.
Track It lets your equipment keep earning revenue while it secures the loan.
1-9 months. Exit any time after month one. No lock-in. No exit fees.
Steve Heavey, Managing Director of Asset Based Lending, explains how a cash out solution works and when it fits: you own the asset, time is short and your other options are slow or closing.
This is a real equity release play. There are a lot of businesses out there that are asset rich but cash poor. They're sitting on assets because they know that at some point they may need them. If you're talking about a construction company, that could be trucks, cranes and excavators, all sitting around waiting for the next job. Those assets are doing nothing, when they could be used to resolve some of the short-term cash flow challenges the business may face.
So it's about educating people that this is a short-term solution that helps businesses smooth out their cash flow and resolve those issues, using assets they already own instead of taking on more lending, which puts them under even more pressure.
Well, you could do that, but a lot of our clients are in urgent need of cash. If you go down the traditional path of selling an asset, or going to a bank to secure finance, you can safely say it's going to take at least two to four weeks before that even happens. In some cases with banks, it could be up to three months before you get a decision on commercial finance.
Asset Based Lending can provide a solution the same day. If you've got assets sitting idle and you're willing to park those assets with us, we can release funds on day one.
Same day in most cases. Once we’ve valued your asset and completed paperwork, funds can be in your account within hours. The current record is 6 hours from enquiry to funded.
No. We lend against assets you already own such as trucks, machinery, vehicles, equipment, and even personal assets in some cases. The new equipment you’re buying is yours outright once you complete the purchase.
Yes. ABL is built for short-term bridge funding. Many customers use ABL to get the equipment now, then refinance to the bank when the longer approval comes through. There are no exit fees after month one.
Up to 70% of the forced sale value of the asset, with loan amounts from $20K to $1M. Higher facilities are available with multiple assets.
Use Track It. The asset stays in service with you. We GPS-track it during the loan term, but it keeps earning revenue while it secures the funding.
No. We assess the asset, not the borrower. No credit checks, no BAS, no tax returns, no financial statements.
More questions? See all ABL FAQs.
Get a same-day valuation and see how the equity in what you already own can fund the equipment you need.
Contract Funding · Emergency Funding · Bridge Funding · ATO Debt Funding · Our Products · For Accountants & Advisors · For Brokers
Page last updated 7 November 2026. ABL provides short-term secured commercial lending only, not consumer lending. Loans are secured against your asset.
