About Stacked Finance

Because our experience came from the lender’s side of the table. Before founding Stacked Finance, Luciano worked at Azora Finance and consulted for Asset Rental Group (ARG) and Quest Finance. We know how credit teams assess a deal and what a file needs to look like to be read properly. We can’t always influence the outcome, and the lender always makes the final call, but we know how to put your application in front of the right lender (and sometimes the right BDM) with the right information. If there’s a way to get you approved, we’ll find it.

Two things. First, genuine lender access, we compare your deal across 63+ lenders rather than a small preferred panel. Second, we have worked on the lender’s side. We have internal experience with Azora Finance, Asset Rental Group (ARG) and Quest Finance. So we understand how credit teams assess a deal. Some brokers have been around for 20+ years but still don’t have this depth of experience, and it’s something we really pride ourselves on at Stacked Finance. We know the industry deeply and we ensure our clients get the best treatment.

As the name suggests, commercial asset finance is business funding that helps you acquire assets without paying for them upfront. This can be for assets like machinery, vehicles, hospitality equipment, office equipment, farming equipment, and anything else your business needs to succeed.

The finance company (i.e. the lender) purchases the asset on your behalf and you repay the amount with interest in regular installments over the agreed-upon period (typically 1-7 years). Depending on the type of asset finance, once you’ve finished paying the regular installments you will own the asset.

Australian businesses finance their assets primarily because it preserves working capital (cash) within the company while still allowing them to obtain an asset they can use to run and grow the business.

When choosing an asset finance broker in Australia, you’ll need to be aware of some essentials.

Firstly, all brokers should be FBAA or MFAA-accredited brokers. Secondly, they should also have the relevant qualifications and industry experience.

On top of this, a good broker should:

• Have close relationships with multiple lenders, not just their preferred lenders (we have 63+ to choose from)
• Take the time to understand your business, goals, and equipment requirements
• Be upfront about all rates, fees, processes, and charges
• Know the ins and outs of different finance structures (e.g. chattel mortgage vs commercial lease)
• Work with your financial situation to ensure you actually get approved
• Understand the tax implications for your business of each loan structure
• Fights to get you the best deal possible and conditional approval ASAP
• Understand the current ATO position on tax deductions and other related initiatives (if not then proactively seek the right tax advice for you)

Most importantly, they should speak your language – if the broker can’t explain how the loan works without using fancy jargon, keep looking.

As a business, working with an asset finance broker has many benefits beyond securing the asset you need. In the same way, a mortgage broker can help you get a home loan approved a commercial finance broker can get an asset loan approved.

However, a good commercial finance broker will also help you choose the right loan type and structure to meet your short-term and long-term requirements. Different types of assets and loans come with second and third-order benefits like depreciation or tax concessions.

Here’s a list of the main benefits of working with an asset finance broker:

• Save time and hassle: Our team deals with the paperwork and follows up with lenders so you can focus on running your business.
• Access to multiple lenders: Businesses are limited to a few banks which is not always favourable. We shop around for the best deal that suits your situation and goals.
• Expertise: Not only can we find you the best deal we’ll also make sure we account for tax implications. Especially around things like chattel mortgages, operating leases, and the instant asset write-off scheme.
• Better approval chances: We know which lenders are most likely to say yes to your loan and how to properly structure your application.
• Ongoing support: We’re here for the long haul, not just for a one-off transaction. Regardless of your financial goals, we’re here to support you.
• Honest: We’ll tell you straight up if a deal makes sense or not, and explain everything in plain English.
• Technology and tools: We have access to the latest tools on the market that help us run the numbers and generate your financing options quickly.

Our team is primarily focused on the commercial market as opposed to consumer.

This means we only help Australian businesses obtain asset loans or business loans.

Whether you need a new asset like a vehicle, trailer, or digger, we can help. Our team is also skilled at providing working capital loans, cash flow finance, unsecured loans, startup loans, or any other specific type of business-related funding.

Absolutely. The team at Stacked Finance is committed to helping our clients. We can accommodate both types of consults depending on your needs.