WHAT WE FINANCE > TRUCKS & TRAILERS > CONCRETE PUMP FINANCE

Concrete Pump Finance

We have become quite well known in the industry on financing concrete pumps for some of the biggest players in Australia. We help support the finance needs of concrete pumping companies specialising in High Rise, Civil, Marine, Remote, Shotcrete and Mining.

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VEHICLE BRANDS

Which concrete pump brands do we finance?

We take a lot of pride in knowing the concrete pumping industry and support a lot of customers and concrete pump suppliers across Australia.

We continually strive to be the best in the industry when it comes to Concrete Pump Finance to give our clients the support and confidence on approvals for their pumps. We want you to focus on running your business efficiently and work on other important things such as securing new relationships or contracts to drive more revenue for the company.

Our goal is to service every concreting company across Australia in a way they have never been managed or serviced before and most of all better than a Bank Manager ever could. Whether the concrete pump is new or used, sold privately or through a licensed dealership we will make sure the job gets done the right way for you first time.

Keep your business moving with low rates

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What’s our promise to you?

Want a long-lasting finance relationship for years to come? We promise we are painless to deal with and our service is convenient and cost-effective. We will always handle the entire application process for you with all the relevant parties including the likes of your Concrete Pump Dealership, Private Seller, Accountant, or Insurance Broker.

We know how to strategically get the most cost-effective result for our clients out of every bank and lender across Australia to grow your concrete pumping business the right way.

Quick & Clear Approval Process

No Long Application Forms

Approvals with No Financials Available*

Relationship Focused and Lifetime Support on All Your Loans

No Deposits Required*

Award Winning Concrete Pump Finance Brokerage

Market Leading Interest Rates

Expert Knowledge on Concrete Pumps

*Conditions apply. Subject to credit approval.

The Team at Yakka Finance are available at all hours to take your call. Please contact our Concrete Pump Specialists on 1300 842 911 or by email at info@yakkafinance.com.au for a quote today!

Strong Relationships & Exceptional Service

Our customer relationships are built on trust, expertise, and communication. We take the stress out of the finance application process for you by providing a prompt, reliable and personalised service.

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Fast Approvals: We specialise in securing quick finance approvals, ensuring you experience minimal waiting time.

Streamlined Process: We offer a hassle-free and streamlined process from application through to settlement.

After-Hours Assistance: We are available to assist you after hours, ensuring you receive continuous support and exceptional service that you have never experienced before.

OUR LENDERS

Trusted by over 60 lenders with hundreds of loan products

FREQUENTLY ASKED QUESTIONS

Our most commonly asked concrete pump finance questions answered below:

Why should I used Yakka Finance to help with my concrete pump purchase?

Yakka Finance are specialists in Concrete pump Finance. We know the industry back to front and are knowledgeable on securing the right loans for them. We take the time to know every bank’s interest rates and lending policies to make your application process informative, cost effective and effortless. Having one point of contact for all your concrete pump purchases is a great feeling and we pride ourselves on delivering on that promise.

When comparing us against the banks we can secure the exact same interest rates for you. We strategically secure the right loan approval without you filling out a large number of application forms and without the delays or lack of communication a Bank Manager will provide to you.

The Yakka Finance difference is we handle everything for you for all your concrete pump purchases so you can simply keep running your business.
Do I have to pay you for your services?
What types of concrete pumps do you finance?

We can finance any concrete pump you are looking to purchase for your business. Whether it’s a brand-new Concrete Pump or a 1998 Concrete pump we can find the right finance solution for you every time. Whether it’s a new or used truck-mounted concrete boom pump, line pump, trailer pump or a separate placing boom pump we have financed them all.

Please know that no matter what concrete pump you are looking to purchase we will have a bank or financier that will be able to approve it.
How do I apply for my concrete pump finance with Yakka Finance?

We pride ourselves on making concrete pump finance hassle free with as minimal paperwork as possible and doing all the hard work for you. Every finance application is unique to us and that’s starts with getting to know you and your concreting business. Concrete pumps are always one of the most expensive pieces of plant and machinery for any business so it’s important to speak to an experienced finance partner to get the right information to secure the right approvals. Some banks love concrete pumps others don’t so it’s important to have experience on your side.

Simply give our specialists a call on 1300 842 911 and they will have a five-minute phone call to run you through the strategy for your approval and the key items we will need. The best part is due to our experience will be able to give you a good estimate of what kinds of rates and repayments will be over the phone in our introductory call.

Please don’t feel that you will need to give us a mountain of information. We strategically know exactly how to secure your concrete pump finance approval with only the key important items required. You will be pleasantly surprised at how little information we can sometimes require and still have you approved with a major bank for your concrete pump loan.
Do I need to have my Financials or Tax Returns completed to get concrete pump finance approval?

That’s not always the case. Yakka Finance has access to a wide variety of low documentation finance offers that the major banks and other financiers offer us to secure your approval on your Concrete pump Finance.

However, there is strategy around what information is required especially when it comes to Concrete Pump Finance as generally most Concrete pumps have a large price tag attached to them. To secure major banking approvals with the lowest rates we’d like to see relatively up to date financials from our clients so we can get them the best deal possible. However, we can also secure approvals without your financials and pivot away from a major bank to secure your approval.

When we speak to you over the phone, we will know exactly what key items to obtain from you to secure your finance approval.

Other key items we can utilise include a good finance reference on one of your other loans, recent BAS Statements or Bank Statements just to name a few examples instead of having to provide your financials.

Please know however, that we are very experienced with looking through financials and telling a story to the bank with all the information at hand. Having a huge amount of experience with Concrete pumps and getting our clients financed approved on many occasions has us well equipped on how to support you the right way.
What is Low Doc Concrete Pump Finance? Do you, do it?

Yes, we do! Low Doc Concrete Pump Finance means we only need a very small amount of documentation to secure your concrete pump finance approval. We have Low Doc Concrete Pump Finance options up to $500k!

Our specialists can run you through how easy it is to secure a Low Doc Concrete Pump Finance approval over the phone in 5 minutes. Feel free to call us on 1300 842 911 to find out how little documentation we need for your concrete pump loan approval.
How much can I be approved for?

You can borrow as much as you need for the full purchase of the concrete pump of your choice. For Concrete pump purchases this is normally from $50,000 up to $2,000,000 depending on your concrete pump specifications and how many units you are purchasing. Some banks and lenders will require deposits whilst others won’t. We will find out exactly what you’re purchasing and walk you through the strategy of what is required on your concrete pump finance approval depending on your total loan amount
What’s your interest rates?

This is a very common question that is always essential to ask. We love this question as we have managed to secure market leading interest rates that start from 2.69% for brand new concrete pump purchases.

The key thing here is that every customer is different, and all are in a different stage of their business journey. Our biggest goal at Yakka Finance is we want to look after you and your business for the lifetime that you are trading. That means we want to finance every single concrete pump your business ever purchases.

The only way we have so many loyal customers is our service is great and we can secure market leading interest rates. If our interest rates were high, we would never ever have the amount of loyal business owners that use our services every single day.

The big advantage for you and your business is because of the volumes of concrete pumps and other machinery we finance and the quality of our application submissions we are offered preferential interest rates from the banks that not all finance brokerages are able to secure. This is a big advantage to our business to keep our customers happy but also a huge advantage to your business.
What influences the interest rate?
There are many factors that can influence the interest rate on a concrete pump that you have decided to purchase.

Here are some key considerations that can influence the interest rate:

How long you have been in business for? (E.g. Brand New Business or an established business trading for over 2 years)

If you are purchasing your Concrete pump from a Licensed dealership or from a Private Seller

What the specific year build the concrete pump is. For example, a brand-new Komatsu Concrete pump or near new 2022 Everdigm concrete pump would secure a much lower interest rate compared to a concrete pump that is much older such as a 1971 Everdigm concrete pump.

If you or your spouse is a Property Owner or if you are currently renting

Your total concrete pump loan amount. The higher the concrete pump loan amount the lower the interest rate can be on some occasions.

If you have had concrete pump or equipment finance before and if your repayment history has been good or bad

If you have a clean credit file or a credit file with a low score
Can you finance older concrete pumps?
How long does it take for my concrete pump finance to be approved?

We can usually obtain a Concrete pump finance approval within 24 – 48 hours of receiving all your details. Let us know your timeframe and we will work with you to get the concrete pump approved and settled with the most appropriate lender due to the time you are needing your new concrete pump by.

The bigger the concrete pump loan amount (for instance above $500,000) can sometimes slow the application process down by a day or two as more documentation needs to be assessed and put together with the bank for your approval. We will clearly communicate to you about the timing of that process.
How long can my loan term be for concrete pump finance?

The average concrete pump loan term is between 3-7 years (36 to 84 months). The choice of loan term is ultimately your choice. The shorter the term would result in a higher monthly repayment as you are paying the loan off on a shorter loan period. If you every want to play around with what Loan Term works for you on your concrete pump.

Have a play with our easy-to-use Concrete Pump Finance Calculator – https://yakkafinance.com.au/finance-calculator/
What is a balloon payment? Do I need one?

A balloon payment is a lump sum which is owed to the lender at the very end of your concrete pump loan term, after all your regular monthly repayments have been made. It allows you to repay only part of the principal amount of your concrete pump loan over the term you request. The reason for having a Balloon Payment is that it allows you to lower your monthly repayments for cashflow purposes.

When it comes to end of your loan contract, and you will still have your Balloon Payment to deal with. It is easy to refinance your balloon payment at the end of your loan. Alternatively, you can trade the concrete pump in for a new one or sell your concrete pump to another party which if structured correctly should be more than the balloon payment you owe.

It is completely your choice whether you want a balloon payment in your loan structure to reduce your monthly repayments or not. We can workshop this with you to make sure the repayments suit you and your business.
Why don’t I finance the concrete pump through the dealership? Isn’t it cheaper?

Funnily enough we look after some of the biggest Concrete Pump Dealerships in Australia as their key finance partner. The reason why Concrete Pump Dealerships use Yakka Finance is that we have become experts on concrete pumps and the concrete pumping industry. We are also very skilled at getting their customers concrete pump finance approved and we secure them low rates, so they are happy to go ahead with the concrete pump purchase.

If you are looking to purchase a Brand New Concrete Pump please let us know as we can introduce you to the right contacts in order to start your build.

We are more than happy to offer our advice and let you know if your Concrete Pump Finance approval is competitive or not. Just call us on 1300 842 911.
Can I buy my concrete pump from someone selling their concrete pump privately?

Yes, financing a concrete pump from a Private Seller is very common and we do these types of transactions all the time. Business owners love finding a great deal on a concrete pump privately. We will handle the whole entire sale process with the private seller for you and arrange for them to get paid by the bank or financier correctly.

This process is very streamlined for us, and we only require the agreed price you have negotiated with the private seller on your concrete pump. We will then handle the whole entire process from there.
Do I need to inspect the concrete pump before I purchase it?

It’s generally recommended to make sure you are happy with the concrete pump’s condition before buying. Especially if you are purchasing through a private seller. When it comes to Private Sales, most finance companies will require a third-party finance inspection on the concrete pump to make sure the concrete pump’s asset identifiers (Serial Number & Engine Number) matches the Tax Invoice before the bank will settle on it.

We simply will book a Finance Inspection for you (or inspect the concrete pump ourselves) to take photos of the Front, Back, Sides, Engine Hours and Compliance Plate of the concrete pump to make sure it all matches your loan documents, registration papers and Tax Invoice so we can move through to settlement with no hassles.

We also complete a PPSR search on the concrete pump to make sure the concrete pump is not a write off or has been stolen. You are welcome to also do a mechanical inspection on the concrete pump (at additional costs to you) to make sure the concrete pump is mechanically sound just to make sure you are completely comfortable on moving ahead with the concrete pump purchase. We can also book in a concrete pump mechanical inspection for you if you don’t know who to contact.
I’m looking at a used concrete pump. Can you help me with concrete pump finance?

Yes! Whether it is a new or used concrete pump we offer a tailored finance solutions for all concrete pumps new or used. We have a wide variety of banks and lenders that will comfortably finance used concrete pumps for you and your business. You tell us what concrete pump you would like to purchase. We will then match that concrete pump with the most appropriate bank or lender for you that has an appetite to approve older concrete pumps.
I got a financed quote for my concrete pump elsewhere, but it seems expensive – can you beat it?

This is one of our favourite things to do. Yakka Finance has access to the most cost-effective interest rates in the market. So given the opportunity to beat your current rate is something we take a lot of pride in doing for new customers.

If we can’t beat your interest rate that means you are getting a fantastic rate for your concrete pump purchase. We will give you true and honest feedback once we have a look at what concrete pump you are purchasing, your current repayment structure and what stage your business is currently in to ensure you its with the right bank. Given the opportunity we won’t let you down on securing a low interest rate approval for you. That’s our job after all.
What do I need to provide to you to get concrete pump finance?

Every concrete pump finance application is different. It will all be depending on your business; the concrete pump you are purchasing & the amount you are looking to borrow. Once we have a five-minute phone call, we will get a good understanding of your current situation, then run you through the strategy and the key items we need in order to secure your approval.

Please don’t feel you need to give us everything but the kitchen sink like a bank would as this is simply not the case. A short call to 1300 842 911 will give you a good understanding of what will be required. From our experience of so many concrete pumps we have financed we strategically know exactly what key items we need to get from you in order to secure a very streamlined and hassle-free finance approval.
I don’t have a deposit to put into my concrete pump, can I still apply for finance?

Yes, we have a large variety of banks that will give you an approval without having to put your own businesses cash reserves into the concrete pump purchase and it won’t affect your interest rate in most scenarios. Our most common concrete pump loan is with no deposit required.
I have a Low Credit Score will I still be approved?

Yes, we secure concrete pump loan approvals for Low Credit Score applicants. We are comfortable on getting your concrete pumps loans approved with a low Credit Score or Credit Defaults. We fully understand that what happens in the past doesn’t dictate necessarily where you are right now. With most of our clients highlighting to us if they do have a Credit Default on their Credit file. There is normally a very good reason behind the credit default and why it’s there.

Some of our customers are just unlucky with missing a payment of one of their Energy Bills when they change their residential address or have had a dispute over a phone bill where they were charged to much by their phone provider. These are all very common and banks have a good understanding of this.

We always get an understanding of why your Credit Score is below the average and then effectively communicate to the appropriate bank as to why it is lower. Please have comfort that we know how to communicate correctly to the right banks or lenders on the story on the Credit Score and/or Credit Default to get your concrete pump loan approved.

In addition, we have a great external team we utilise to lift the Credit Default off your file and lift your credit score for you.
Can you finance a concrete pump from a Private Seller?

Yes, buying concrete pumps from a Private Seller is very common and we do it all the time. We will handle the whole entire process with the private seller for you and organise them getting paid by the financier we go through for your concrete pump loan. Most of all we also give the Private seller comfort that you are a genuine buyer, and they will be getting paid for their concrete pump, so they don’t sell it to anyone else.
Can I make additional repayments to reduce my concrete pump loan?

Yes, you are more than welcome to make extra repayments off your concrete pump loan. It’s a good overall strategy to reduce the amount of interest paid on your concrete pump. However, with interest rates being quite low and cashflow being king in any business. It can sometimes be best hold on to your working capital and pay off the concrete pump loan in the last 1-2 years of your loan contract.
Can you organise Concrete pump Insurance?
Why don’t I just go direct to my bank for the concrete pump finance?
Although we are happy for you to go to your bank to obtain your Concrete pump Finance, we know that it almost always doesn’t deliver the same outcome to you or your business. We know our process compared to a banks process is completely different and we pride ourselves on it. Here are some key reasons as to why we are better than a bank for your concrete pump loan approval:

You could end up going to the wrong bank who would charge you a higher interest rate and make you jump through a lot more administration hoops just to secure a simple Concrete pump Finance approval. We know the banking landscape extremely well and once we get an understanding of your business and what concrete pump you are purchasing; we will then take you to the most appropriate bank to secure your finance approval with ease.

It’s so important to spread your loans across multiple banks. Why? It means that one bank never owns you or your business and instead we have multiple banks fighting for your business constantly. This keeps competition high and interest rates low for you.

One bank will have a better interest rate than another bank depending on what concrete pump you are purchasing at different times of the year. We know exactly which specific banks to go to at certain times of the year on different types of concrete pumps.

Don’t waste a credit enquiry on your credit file going to the wrong bank. When we submit your concrete pump loan for an approval, we know it’s going to be approved. This keeps your Credit File Scores strong as every credit enquiry results in a finance approval when dealing with us.

You will spend a lot more of your own time and efforts putting an application together when dealing with the bank and have no idea if you will get an approval. When we go to a bank, we are already 99% sure they will approve your concrete pump loan.

With Yakka you will always have one point of contact for every concrete pump purchase you make for your business. Bank Managers are always changing roles in the banks. You might have a great relationship with a bank manager for one year and then they move on, and you have to build a completely new relationship with another bank manager that might not understand your transport business. At Yakka Finance we are not going anywhere, we get to know your business and are here to have a strong relationship with you and your business long-term.

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Please feel free to contact the team at Yakka Finance 24/7

EMAIL: info@yakkafinance.com.au

PHONE: 1300 842 911

ADDRESS: Suite 5, Level 1, 345 Pacific Highway, North Sydney NSW 2060

Yakka Financial Pty Ltd ABN 75 626 017 070 trading as Yakka Finance

Yakka Financial Pty Ltd Credit Representative 508681 is authorised under Australian Credit Licence 389328.

This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.

Finance Calculator

Recent Settlements

Truck Partners

Accountant Partners

Machinery Partners

Concrete Pump Finance

Contact us for a FREE QUOTE

Which concrete pump brands do we finance?

We take a lot of pride in knowing the concrete pumping industry and support a lot of customers and concrete pump suppliers across Australia.

GET PRE-APPROVAL NOW!

What’s our promise to you?

Strong Relationships & Exceptional Service

OUR LENDERS

FREQUENTLY ASKED QUESTIONS

PAGES

HELPFUL LINKS

CONTACT US

Yakka Finance are Members of the following Associations:

Contact Us

Please feel free to contact the team at
Yakka Finance 24/7

info@yakkafinance.com.au

1300 842 911

(02) 9241 5477

Suite 5, Level 1
345 Pacific Highway, North Sydney NSW 2060

Finance Calculator

Recent Settlements

Truck Partners

Accountant Partners

Machinery Partners

Concrete Pump Finance

Contact us for a FREE QUOTE

Which concrete pump brands do we finance?

We take a lot of pride in knowing the concrete pumping industry and support a lot of customers and concrete pump suppliers across Australia.

GET PRE-APPROVAL NOW!

What’s our promise to you?

Strong Relationships & Exceptional Service

OUR LENDERS

FREQUENTLY ASKED QUESTIONS

PAGES

HELPFUL LINKS

CONTACT US

Yakka Finance are Members of the following Associations:

Contact Us

Please feel free to contact the team atYakka Finance 24/7

info@yakkafinance.com.au

1300 842 911

(02) 9241 5477

Suite 5, Level 1 345 Pacific Highway, North Sydney NSW 2060

Please feel free to contact the team at
Yakka Finance 24/7

Suite 5, Level 1
345 Pacific Highway, North Sydney NSW 2060