RESIMAC Asset Finance: Broker Guide

RESIMAC asset finance funds business vehicles and equipment through a chattel mortgage, with the purchased asset securing the loan. Brokers can use the dedicated asset-finance broker route, while new introducers apply for accreditation through its sales support team.

Start with the business borrowing the money and the asset it will buy. The right evidence route depends on that transaction, so a published electric-vehicle rule must stay with that product.

Current RESIMAC Asset-Finance Product

RESIMAC’s current commercial asset-finance product is a vehicle or equipment loan secured by the financed asset. As at October 2026, its Commercial Asset Finance page calls this a chattel mortgage and lists cars, utes, vans, trucks and trailers. It also lists primary equipment and secondary or tertiary goods.

The website identifies RESIMAC Asset Finance Pty Limited as the entity, with Australian Business Number (ABN) 93 098 034 041 and Australian Credit Licence 391809. Its privacy policy identifies the same company within the RESIMAC Group. Use that entity’s details when matching the application and finance documents.

The group’s asset-finance page directs borrowers to the dedicated asset-finance website and identifies a separate asset-finance broker portal. This is a current route for business asset purchases. RESIMAC’s residential mortgage channels handle a different lending task.

A listed asset category establishes the product’s scope. The particular borrower and asset still need credit assessment before you can promise funding. Compare other lenders’ assessment routes in the asset-finance policy guide.

Borrower and Business Purpose

Identify the legal borrower and explain how the purchase supports its business before choosing a documentation route. Record the trading start date and registration dates alongside the entity’s ownership. Keep the trading name separate from the company or trustee that will sign the agreement.

Build the borrower summary from these facts.

• Record the legal name, ABN, business address and industry.
• For a sole trader, identify the individual who operates the business. For a company, record directors and shareholders.
• For a trust, identify the trustee and trust. Have the deed available to answer questions about borrowing powers and signatories.
• Explain the asset’s business use and any private use. State whether it replaces an existing asset or supports additional work.
• List existing finance repayments and any adverse credit or tax payment arrangements.

RESIMAC’s electric-vehicle product page, as at October 2026, requires ABN and goods and services tax (GST) registration exceeding two years for Low Doc. Lite Doc requires registration exceeding one year. These are electric-vehicle product criteria, not a trading-history rule for every equipment purchase.

A start-up, newly registered business or changed entity needs a transaction-specific credit answer before you select that route. For a self-employed applicant, set out how the business earns income and pays existing debts. For a company or trust, ask who must borrow, sign and guarantee the proposed loan.

Asset, Supplier and Structure

Match the asset description to its price and intended use so the lender can assess the actual purchase. Record its make, model and build year, plus kilometres or operating hours where relevant. Include its condition and expected working life.

The supplier details also belong in the proposal. Identify a dealer or private seller, the seller’s legal name and payment destination. Record any existing finance on the asset and how it will be paid out at settlement.

As at October 2026, RESIMAC describes its commercial equipment and asset-finance structure as a chattel mortgage. For that structure, the purchase provides the asset that secures repayment. A lease or hire-purchase comparison requires a separate product choice, which the asset-finance structures guide explains.

Ask the client’s accountant to assess GST credits, deductions and depreciation against the client’s business and proposed contract. Product eligibility doesn’t establish the client’s tax outcome. Use the equipment-finance guide for the broader supplier and useful-life assessment.

In a hypothetical purchase, a business wants to buy a used excavator from a private seller. Prepare its serial number, age, operating hours and sale invoice. Add the seller’s ownership evidence and payout details if another financier has security over it.

That information lets the lender assess the particular machine and transaction. An electric-car documentation option doesn’t establish the excavator’s eligibility.

Application Evidence and Security

Prepare evidence for the selected product and documentation route, then reconcile the purchase with the security being taken. As at October 2026, RESIMAC’s electric-vehicle guide gives the following requirements for its Low Doc and Lite Doc paths.

Evidence	Electric-Vehicle Low Doc	Electric-Vehicle Lite Doc
Application and privacy consent	Required	Required
Asset and liability statement	Required	Required
Australian Taxation Office (ATO) portal history	Not listed as required	12 months
Business Activity Statements	Not listed as required	Two most recent
Bank statements	Not listed as required	Three months, on request

The same guide requires insurance for all electric-vehicle deals, with a certificate of currency for amounts above $100,000. It excludes hybrids from the electric-vehicle discount. Keep those conditions with the electric-vehicle application.

For the transaction file, collect the quote or invoice showing the asset and supplier details. Record the purchase price, GST component, deposit and requested finance amount separately. An existing finance payout needs its own evidence so the settlement payment clears the correct debt.

RESIMAC’s May 2026 privacy policy describes collecting financial and repayment-history information to assess credit. Explain adverse conduct and reconcile current liabilities with the application. Supply financial statements, tax returns or further bank statements when the chosen assessment route requests them.

For equipment or a private sale, obtain the lender’s transaction-specific valuation and inspection instructions before commissioning either. Confirm who handles the Personal Property Securities Register (PPSR) search and registration, any existing security release and the required insurance wording. Keep the settlement instructions with the file before authorising payment to the seller.

Broker Contact and Submission

Use RESIMAC’s asset-finance contact for commercial purchase enquiries and its broker channel for accredited access. As at October 2026, the published routes are as follows.

Task	Official Route	What It Handles
Commercial enquiry	1300 729 955 or the commercial contact form	Product enquiries and commercial loan account changes
Join the broker network	raf.salessupport@resimac.com.au, published on the broker page	Accreditation enquiries
Existing broker access	Broker Login on the dedicated broker page, linking to rafportal.com.au/origination/login	Asset-finance broker sign-in

RESIMAC’s electric-vehicle guide explicitly directs applications through Broker Login. For another commercial asset transaction, use the accredited broker channel and obtain the submission instructions for that product. The public contact form is an enquiry route, so don’t treat a message through it as a lodged credit application.

For an eligibility or exception enquiry, give the asset-finance team the legal borrower and registration history. Include the amount requested, asset description, supplier type and proposed deposit. Explain the exact issue, such as a new entity buying a used machine, and identify the available income evidence.

If a deal already exists, include its application reference. Ask which product and evidence route apply, who must sign and what conditions must be met before settlement. Retain the response with the file, then lodge through the instructed channel using the same borrower and transaction details.