Asset Finance

Smart Asset Finance Solutions for Business Growth

At Lexor Finance, we work with businesses across Truganina, Victoria and across Australia to access Asset Finance options from banks and lenders across Australia. Whether you are buying new equipment, upgrading existing equipment, or expanding your fleet, asset based lending can help you preserve working capital while keeping your operations moving forward.

What Is Asset Finance?

Asset Finance is a form of business equipment funding that allows you to acquire the assets your business needs without paying the full purchase price upfront. Rather than drawing on your cash reserves, you use the asset itself as collateral, spreading the cost over time through fixed monthly repayments. This approach helps you manage cashflow effectively while still gaining access to the latest equipment your business requires.

Lexor Finance can help you explore a range of finance options suited to your circumstances, including chattel mortgage, finance lease, operating lease, hire purchase, and novated lease arrangements. Each structure carries different implications for GST treatment, depreciation, tax benefits, and ownership, so understanding which product suits your situation is an important part of the process.

Types of Assets We Can Help Finance

Lexor Finance works with clients across a wide range of industries and asset categories. Our team has experience arranging commercial equipment finance, construction equipment finance, commercial vehicle finance, medical equipment finance, hospitality equipment finance, and technology equipment finance.

Common assets we assist with include work vehicles such as trucks and trailers, specialised machinery including excavators, tractors, graders, cranes, and dozers, as well as office equipment and factory machinery. If your business relies on physical assets to generate income, Asset Finance is worth exploring.

For businesses managing a larger number of vehicles, fleet finance arrangements can provide a structured and cost-effective way to fund multiple assets under a single facility. Lexor Finance can help you understand what fleet finance might look like for your business and connect you with suitable lenders.

Understanding Your Finance Structure

One of the most important decisions in any Asset Finance arrangement is choosing the right structure. A chattel mortgage, for example, gives you ownership of the asset from the outset, with the lender holding a mortgage over it as security. A finance lease or operating lease means the lender retains ownership for the life of the lease, with you making regular payments to use the asset. A hire purchase arrangement sits somewhere in between, with ownership transferring to you once all repayments are complete.

Some structures allow for a balloon payment at the end of the loan term, which reduces your fixed monthly repayments during the loan period but requires a lump sum at the conclusion. The right choice depends on your business cashflow, your preferred upgrade cycle, and how you wish to treat the asset for accounting and tax purposes. Lexor Finance does not provide tax advice, but we work alongside your accountant to ensure the structure you choose aligns with your broader financial position.

Why Asset Finance Matters for Your Business

For many businesses, the ability to preserve capital while still accessing the latest equipment is a significant advantage. Asset Finance allows you to invest in machinery purchase or vehicle upgrades without depleting the working capital you need for day-to-day operations. This is particularly valuable for businesses in construction, transport, agriculture, healthcare, and hospitality, where equipment quality directly affects productivity and service delivery.

Vendor finance and dealer finance arrangements are also available in some cases, where the supplier or manufacturer offers financing directly. Lexor Finance can help you compare these options against what is available through our panel of banks and lenders, so you can make an informed decision about the loan amount, interest rate, and overall structure.

Lexor Finance is a family-run business with deep knowledge of the Australian lending market. We take the time to understand your business needs before recommending any finance options, and we work with a broad panel of lenders to find arrangements that suit your situation. If your business is looking to grow through equipment leasing or machinery purchase, our team is here to help you understand what Asset Finance could look like for you. Speak with the Lexor Finance team today to explore your options, or learn more about our business loans and commercial loans services, or explore cashflow solutions and working capital options that complement your Asset Finance strategy.

The Simple Steps

Step 1: Initial Conversation
We start with a simple chat to get to know you and understand what you are looking for. Whether you are buying a home, investing in property, or looking for a business loan, this is your chance to ask questions and share your goals. There is no obligation and no pressure.

Step 2: Understanding Your Situation
Next, we take a closer look at your financial position. We will ask about your income, expenses, assets, and any existing debts. This helps us build a clear picture of where you stand and what options are available to you.

Step 3: Researching Your Options
With access to a wide panel of lenders, we do the legwork for you. We compare loan products, interest rates, fees, and features to find solutions that suit your needs and goals - not just the first option that comes along.

Step 4: Presenting Our Recommendation
We present you with a clear recommendation and explain why it is the right fit for your situation. We walk you through the numbers in plain language so you can make a confident, informed decision.

Step 5: Preparing Your Application
Once you are happy to move forward, we prepare your application and gather the required documents. We handle the details carefully to give your application the best possible chance of approval.

Step 6: Lodging and Managing Your Application
We submit your application to the lender and stay on top of the process from there. We liaise with the lender on your behalf, respond to any requests quickly, and keep you updated every step of the way.

Step 7: Settlement and Beyond
Once your loan is approved and settled, our job is not done. We check in with you regularly to make sure your loan is still working for you. As your circumstances change, we are here to review your options and help you stay on track.

Client Testimonials

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Justin B

Alok was beyond helpful and fantastic to deal with from start to finish for our refinancing. Not only was he able to secure the maximum amount we required, but his customer relationship management software was exceptionally well set up, self-contained, and fantastic to use throughout the entire process. When we ran into a few inevitable hiccups along the way with our old lenders, Alok completely stepped up—keeping things calm, under control, and moving forward smoothly. He is an absolute professional and a genuinely great mortgage broker. I cannot recommend him highly enough. If you have any lending or refinancing needs, Alok is your man. A+ service all round!

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vishal vashisht

I would like to sincerely thank Alok for helping me secure my car loan at a much better rate than Toyota's financing. The entire process was smooth, professional, and stress-free from start to finish. He took the time to explain all the options available, found me a competitive loan with lower repayments, and ensured everything was approved quickly. His excellent communication and dedication saved me both time and money.

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Nagendra Chickmaglore

Honestly, I went in thinking this would be just another process—submit documents, wait around, chase updates… the usual. But Alok at Lexor Finance completely changed that experience for me. From day one, he was on top of everything. He kept me informed, guided me through each step, and was always there to answer questions or give advice. It never felt like I was just another file—he really made the whole process smooth and stress-free. What I appreciated the most was how he stayed with me throughout, not just at the start. That kind of support makes a huge difference. Really grateful for the way he handled everything. I’d absolutely recommend Alok to anyone looking for finance—he genuinely cares and delivers.

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Dheeraj

Alok was very professional and easy to communicate with throughout the process of buying my first home. Being a first time buyer, I was very anxious and had a lot of questions. Alok was knowledgeable and approachable enough to answer any queries, which really showed his experience. Would definitely utilise his services again in the future!

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Anurag Arora

Alok Shah is awesome at communication. He acted as our broker for the car loan. His communication and clarity is hard to match as I have compared him to 2 previous brokers I have dealt with and I can tell you that they were not even close to his working standards. He guided me on each and every step. Also how to deal with the car dealership as dealerships are know to delay after taking initial deposits. I hope that he stays like this so that a lot of people can benefit from his broking services. Thank you Alok ji 😊

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Changez Shaikh

Alok from Lexor finance is the absolute man. Involved in conversations from day one since I started looking for a company car. He gave me advice on which cars to look at, was involved in negotiations with dealers (he knows so many managers at dealerships) and lodged my finance application within a day and had an answer in another two days. I honestly have no words for the level of service that I have received from him. Safe to say, I will never be going with anyone else ever again. The absolute best! Thank you so much Alok and Lexor Finance. 🌟🌟🌟🌟🌟

Got Questions?

What types of loans can Lexor Finance help me with?

At Lexor Finance, we assist clients with a variety of lending needs. This includes home loans for those looking to purchase a property, refinancing for those wanting to review their current loan arrangements, investment property loans, car and vehicle finance, and business lending. Whether you are a first home buyer trying to understand your options, a business owner looking for equipment finance, or someone wanting to consolidate debt, we can look into what may be available to you. Every client's situation is different, so we take a personalised approach to make sure we are looking at options that are relevant to your specific circumstances and goals.

Is Lexor Finance able to help me if I live outside of Truganina or Victoria?

Absolutely. While Lexor Finance is based in Truganina, Victoria, we work with clients right across Australia. Thanks to phone and video consultations, we can connect with you no matter where you are located. Whether you are in regional Queensland, suburban Sydney, or anywhere else in the country, we are able to assist you with your finance needs. Distance is not a barrier to getting quality support and guidance. We are committed to making sure that all of our clients, regardless of location, receive the same level of care and attention throughout the process. Reach out to us and we can discuss how we can work together.

How do I get started with Lexor Finance?

Getting started is straightforward. You can reach out to us by phone or through our website to book an initial consultation. This first conversation is a chance for us to learn about your situation, what you are hoping to achieve, and answer any questions you might have. There is no pressure and no obligation at this stage. We simply want to understand your needs so we can give you a clear picture of how we might be able to help. Whether you are just starting to think about your options or you are ready to move forward, we are here to have a genuine conversation and support you through the process at a pace that suits you.