Finance new, used and older skid steers, Posi Tracks and compact track loaders for earthmoving, construction, landscaping, agriculture and other commercial applications across Australia.
Australian businesses may be able to finance new, used and older skid steers, compact track loaders and Posi Tracks through commercial asset finance. Finance may be available for dealer purchases and, in some circumstances, private-sale machines.
Skid steer and Posi Track finance is commercial asset finance used by Australian businesses to purchase compact earthmoving and material-handling equipment without paying the full purchase price upfront.
These machines are widely used across civil construction, landscaping, excavation, site preparation, agriculture, demolition, property maintenance and other industries where compact, versatile machinery is required.
Financing a skid steer or compact track loader can allow a business to acquire the equipment it needs while retaining more working capital for wages, fuel, attachments, maintenance and other operating costs.
This equipment sits within the broader earthmoving equipment finance category, where lender appetite can vary according to machine age, condition, hours, value and intended business use.
Finance may be available for a wide range of compact earthmoving machines used by Australian contractors and businesses.
Compact wheeled loaders used for construction, landscaping, material handling, earthmoving and site work.
Tracked machines suited to soft ground, uneven terrain and applications where additional traction and lower ground pressure are important.
Commonly used across excavation, landscaping, civil works and property maintenance where compact tracked equipment is required.
Smaller machines used for confined areas, landscaping, trenching and lighter earthmoving applications.
Late-model used machines may provide a lower acquisition cost compared with purchasing new equipment.
Older skid steers and track loaders may still be financeable where the equipment and borrowing business meet suitable lender criteria.
If you have a quote, invoice or machine in mind, send us the year, make, model, purchase price and seller details along with a little about your business. We can assess the transaction across our commercial lender panel.
Discuss Your Finance →Both new and used skid steers, Posi Tracks and compact track loaders may be eligible for commercial finance. Lender choice can depend on the machine’s age, operating hours, condition, purchase price and expected remaining useful life.
| Consideration | New Machine | Used Machine |
|---|---|---|
| Purchase price | Generally higher | Often lower than an equivalent new machine |
| Asset age | Usually fits standard lender age policies | Age may influence lender choice and loan term |
| Operating hours | Usually low | Hours may form part of the lender assessment |
| Condition | New equipment | Mechanical condition and remaining useful life may be considered |
| Seller | Commonly dealer or manufacturer | Dealer or private seller may potentially be considered |
A used machine is not automatically harder to finance. A well-maintained skid steer or track loader purchased at a supportable value may still fit a range of commercial lender policies.
For a broader comparison, read our new vs used earthmoving equipment finance guide.
Potentially. While some lenders have strict maximum asset-age policies, specialist commercial lenders may consider older skid steers and compact track loaders where the overall transaction remains supportable.
Lenders may consider:
Older equipment does not automatically mean no: a machine that sits outside one lender’s standard policy may potentially fit another commercial lender.
Learn more about older earthmoving equipment finance.
They can. Operating hours may be an important consideration when a lender assesses a used skid steer or compact track loader, particularly where the machine is older or has worked in demanding conditions.
Hours are generally considered alongside age, condition, purchase price, maintenance history and expected remaining useful life rather than being assessed in isolation.
Potentially. Some commercial lenders may consider equipment purchased directly from another business or private seller, although additional verification may be required compared with a dealer purchase.
Dealer purchases generally come with established invoicing, supplier details and settlement procedures.
Private-sale transactions may require further checks around ownership, seller identity, machine details, value and supporting documentation.
If you’re looking at a privately sold skid steer or Posi Track, confirming the finance position before committing to the purchase can help identify lender requirements early.
Potentially. Some established Australian businesses may qualify for streamlined or lower-documentation commercial asset finance, subject to lender criteria.
Low-doc finance does not mean no assessment. Lender requirements may be influenced by:
Learn more in our low-doc earthmoving equipment finance guide.
Depending on the lender and transaction, attachments purchased with the machine may potentially form part of the overall commercial equipment finance.
This may include buckets, augers, trenchers, forks, mulchers, grapples, sweepers or other attachments where they are being purchased as part of the commercial asset transaction and meet lender requirements.
Commercial skid steer finance is generally assessed on both the borrowing business and the machine itself.
Established trading history can help demonstrate the operating track record of the borrowing business.
Depending on the application, lenders may assess bank statements, BAS or other business financial information.
Credit history and repayment conduct may influence lender choice, pricing and documentation requirements.
Machine age, operating hours, condition and remaining useful life can influence lender appetite.
Lenders may consider whether the proposed purchase price is supportable relative to the equipment and transaction.
Existing equipment, vehicle and business-finance commitments may form part of the overall assessment.
A skid steer or Posi Track transaction that falls outside one lender’s asset-age, documentation or credit policy may potentially suit another commercial lender.
See What Earthmoving Lenders Look For →Not always. Whether a deposit is required depends on the lender, machine, business profile and overall structure of the transaction.
The appropriate finance structure will depend on the business, equipment, finance amount and cash-flow requirements.
A common commercial structure where the business purchases the machine and the lender takes security over the equipment.
Finance may be structured around the machine, amount being financed, expected useful life and financial position of the business.
Depending on lender policy, a balloon or residual may reduce regular repayments while leaving an agreed amount payable at the end of the term.
Tax and accounting outcomes vary between businesses and finance structures. Speak with your accountant or tax adviser regarding your circumstances.
Depending on the circumstances, an established business may be able to refinance an existing skid steer or compact track loader or consider releasing equity from eligible machinery for broader commercial purposes.
The available amount and structure will depend on the machine’s current value, finance already owing, equipment age and condition, business circumstances and lender policy.
Learn more about refinancing an existing equipment loan.
Financing the equipment may allow a business to preserve cash for the broader costs involved in running jobs, maintaining machinery and growing the business.
Identify the skid steer, Posi Track or compact track loader you intend to purchase, including year, make, model, price and seller.
We discuss your trading history, existing finance commitments and the amount you are looking to fund.
Woodward Finance considers the machine and application across our commercial lender panel.
Once an appropriate option is selected, we assist with the application, approval process and settlement.
Skid steers and compact track loaders are specialised commercial assets, and lender policy can vary according to machine age, hours, condition, purchase price, seller and the financial profile of the business.
Woodward Finance specialises in commercial asset and business finance for Australian SMEs. We can assess suitable transactions across more than 60 commercial lenders, including specialist asset-finance providers.
Access to a broad commercial lender panel provides options across different equipment, business and documentation scenarios.
We can assess new machines as well as used and older equipment where suitable lender options are available.
Our focus is commercial finance for machinery, vehicles and specialised equipment used by Australian businesses.
Explore our guides covering lender requirements, low-doc applications, private purchases, older machinery and new versus used equipment.
Skid steer finance is commercial asset finance used by businesses to purchase skid steer loaders, compact track loaders and related equipment without paying the full purchase price upfront.
Potentially. Commercial lenders may consider both new and used machines. Used equipment may be assessed according to age, condition, operating hours, value and expected remaining useful life.
Potentially. Posi Tracks and other compact tracked loaders used for commercial purposes may be eligible for asset finance subject to lender criteria.
Potentially. Some specialist commercial lenders may consider older equipment depending on the machine’s age, condition, hours, value and the overall strength of the borrowing business.
They can. Lenders may assess operating hours alongside machine age, condition, purchase price and expected remaining useful life.
Some lenders may consider private-sale machines, although additional checks may be required around ownership, seller identity, asset value and transaction documentation.
Not always. Deposit requirements depend on the lender, machine, business profile, finance amount and overall transaction.
Some eligible established businesses may qualify for streamlined or lower-documentation commercial finance, subject to lender criteria.
Potentially. Attachments such as buckets, augers, trenchers and other commercial attachments may be considered where they form part of the asset transaction and meet lender requirements.
Lenders may consider business history, cash flow, credit profile, existing commitments and repayment capacity as well as the machine’s age, hours, condition, value and seller.
A decline from one lender does not necessarily mean every commercial lender will reach the same decision. The reason may relate to asset age, servicing, credit profile, documentation or lender policy.
Depending on the business and machine, refinancing may be possible. Equity release may also be considered for eligible equipment and commercial purposes.
Tell us the year, make, model, purchase price and seller, along with a little about your business. We can assess the transaction across our commercial lender panel and discuss finance options that may suit.
Discuss My Finance →Finance is subject to lender eligibility, credit criteria and approval. Terms, conditions and fees may apply.
Discuss Your Skid Steer Finance Options.
Tell us about the machine you’re looking to purchase and we’ll help you explore suitable finance options.
