Rent-to-Own
Truck, Vehicle & Machinery Finance Australia
Flexible finance for business owners who’ve been declined, have bad credit or are on a visa. Get moving sooner – no bank approval required.
✓ Approvals in 24–48 hrs
✓ 20-30% deposit required
✓ No credit check for approval
✓ Own it at the end
★★★★★ 5-star rated on Google
500+ clients funded
FBAA member
Former Macquarie Bank specialists
WHO IT’S FOR
Rent-to-own works when traditional finance doesn’t
If you’ve been knocked back by traditional lenders, you’re not alone and it doesn’t mean you’re out of options. We work with business owners every day who’ve had finance declined and help them secure the vehicles and equipment they need to keep their business moving.
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Bad credit history
Arrears, slow repayment history, defaults, judgements – we work with clients in all credit situations and know which lenders to approach.
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Declined by banks
Even if you’ve been knocked back multiple times, rent-to-own is assessed differently. Past defaults don’t automatically rule you out.
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Visa holders or temporary residents
Bridging visa, 457, 482 – many visa types are eligible. We specialise in cases other brokers won’t touch.
Deposit requirement A 20–30% deposit is typically required. If you don’t have the full cash amount, additional security such as a vehicle or machine you own outright can often be used instead of (or to reduce) the deposit.
Visit here to see more examples of clients we’ve helped.
HOW DOES IT WORK
What is Rent-to-Own Finance?
In simple terms, rent-to-own allows you to use the vehicle or equipment while making fixed repayments, without needing to go through a standard lender approval.
Instead of borrowing money from a lender:
● The asset is purchased and provided to you under a rental agreement
● You make fixed weekly repayments
● You use the asset straight away to generate income
● Over time, your repayments build equity in the asset
After around 12 months, we’ll usually look to refinance you into a mainstream lender if your repayment history is strong and your credit has improved.
If refinancing isn’t suitable at that point, you can continue on the rental agreement (typically 1–4 years). Once the balance is low, the asset is transferred into your name for full ownership, usually for a small final payment.
In most cases, the asset is used to generate the income that covers the repayments.
Simple, transparent, and designed to get you moving
No complicated lender paperwork. No credit file hits upfront. Just fixed weekly repayments and a clear path to ownership.
1. Choose your asset
New or used, dealer or private sale – we work with all asset types and sale arrangements
2. Apply with Bloom
Fast approval, no complicated paperwork. Most decisions within 24–48 hours.
3. Agreement set up
Clear rent-to-own terms with fixed weekly repayments. No surprises, no hidden fees.
4. Start working immediately
Put the asset to work from day one. In most cases the repayments are covered by the income it generates.
5. Own it at the end
After 1–4 years, the asset transfers into your name. After 12 months we’ll often look to refinance you into mainstream lending at better rates.
Real client example
Multiple unpaid defaults on his file. Wanted to leave PAYG work and start his own transport business – but every lender said no.
✓ Secured a prime mover through rent-to-own
✓ Started work and generating income within days
✓ On track to refinance into mainstream lending after 12 months
Repayment guide
| Asset Value with 20% deposit | Weekly repayment (approx.) |
| $50,000 | ~$500 – $550 / week |
| $75,000 | ~$750 – $800 / week |
| $100,000 | ~$1,000 – $1,100 / week |
Every deal varies depending on asset age and credit profile. We’ll always walk you through the exact numbers before anything moves forward.
Deposit requirement A 20–30% deposit is typically required. If you don’t have the full cash amount, additional security such as a vehicle or machine you own outright can often be used instead of (or to reduce) the deposit.
WHAT WE FINANCE
Rent-to-own finance for trucks, machinery & vehicles
If it has wheels or tracks and it helps you run your business, we can most likely help finance it.
Utes, Cars & Vans
Work vehicles for any size team
Trucks
From delivery runs to long haul
Trailers
Dog, tipper, flatbed & more
Earthmoving
Excavators, dozers, skid steers
Forklifts
Warehouse & yard equipment
Agriculture Machinery
Tractors & farm equipment
COMMON QUESTIONS
Frequently asked questions
Everything you need to know before applying. Still have questions? Call us on 0435 782 111.
Can I still get approved with bad credit?
Yes – that’s a large part of what we do. Each situation is assessed differently, but past credit issues don’t automatically rule you out.
Do I need a deposit?
A deposit of 20–30% is usually required. If you don’t have full cash available, we can often use additional security such as a vehicle or machine you own outright.
How quickly can I get approved?
Most approvals are turned around within 24–48 hours. In some cases, same-day.
Can I refinance into a regular loan later?
Yes – many clients use this as a stepping stone. After 12 months of strong repayment history we’ll look to refinance you into mainstream lending at better rates.
Do I need financials or tax returns?
No – we regularly assist clients with bank statements showing income coming in. We also have low doc options without bank statements. Full financials are not required.
When does rent-to-own NOT make sense?
If your credit is strong, a standard loan will usually be cheaper. We’ll tell you honestly which option suits you – and we offer both.
CLIENT REVIEWS
What our clients say
Related guides
Learn more before you apply
Helpful articles from our team covering common questions and situations.
Bad credit
How to get truck finance after bad credit in Australia
What lenders look at, why deals get declined, and how rent-to-own changes the equation.
Visa holders
Rent-to-own finance for temporary residents & visa holders
Which visa types are eligible, what’s required, and how we’ve helped others in your situation.
First time
Truck finance guide for first-time borrowers in Australia
Everything you need to know before applying for your first truck or machinery loan.
ATO debt
Machinery finance with ATO debt — yes, it’s still possible
Having a tax debt doesn’t automatically rule out finance. Here’s how we structure deals around it.
Cash flow
Cash flow solutions for transport businesses
Refinancing, equity release, and practical ways to free up working capital while keeping trucks on the road.
Tax
Instant asset write-off changes 2025 — what it means for your business
How the threshold changes affect your decision to finance vs buy outright this financial year.
GET STARTED TODAY
Ready to get your quote?
Submit the form above or call us directly – we’ll walk you through your options with no obligation and no pressure.