eligibility
What is the minimum and maximum amount I can borrow for asset finance?
Short answer
AssetMX arranges asset finance from $5,000 to $500,000, over terms of 12 to 84 months, for ABN businesses trading 24 or more months and registered for GST that fit lender low-doc policy.
Last reviewed 8 September 2026 by AssetMX.
Direct answer
AssetMX arranges asset finance from $5,000 up to $500,000, over terms of 12 to 84 months. This range applies to ABN businesses trading for 24 or more months, registered for GST, that fit lender low-doc policy.
The amount and term range
| Feature | Range |
|---|---|
| Minimum loan amount | $5,000 |
| Maximum loan amount | $500,000 |
| Minimum term | 12 months |
| Maximum term | 84 months |
Within this range, indicative rates vary by term: 8.49% for 12 months, 7.49% for 24 months, and 6.89% for 36 to 60 months (indicative, verified 16 February 2026). See asset finance interest rates in Australia for the full rate detail.
What determines how much you can borrow
The amount available depends on the asset being financed, its value, and your business’s eligibility. The standard low-doc criteria apply regardless of loan size:
- ABN active for 24 or more months
- GST registered
- At least one director or guarantor
- Asset no older than 15 years at end of term
- Business use of the asset
See low-doc asset finance requirements for the full detail.
Balloon payments and loan size
For longer terms, a balloon or residual payment can reduce the amount repaid during the term, calculated on the asset value rather than the amount financed. Maximum balloon amounts are capped by term: 65% for 1 year, 60% for 2 years, 50% for 3 years, 40% for 4 years, and 30% for 5 years or more. See what is a balloon payment for how this affects your repayments.
Where to next
Get an indicative quote for your loan amount and term on the home page, or compare structures at how we compare.
This is general information only and does not take your circumstances into account. It is not financial, tax or legal advice.
Related questions
Can I borrow less than $5,000?
No. $5,000 is the minimum loan amount arranged through AssetMX.
What if I need more than $500,000?
Deals above $500,000 fall outside the standard low-doc range and would need to be assessed separately against full lender policy.
Does the amount I borrow affect the term available?
It can. Larger amounts are often matched with longer terms to keep repayments manageable, up to the 84-month maximum, but the right term depends on the asset and your circumstances.
Ready? Three questions, then we take it from there.
One flat $800 fee, disclosed before you start. Nothing touches your credit file until you say so.
Trading 2+ years · Clean credit · Vehicles, trucks or equipment for business use