Truck Finance
- Light rigid to multi-combination trucks
- Our expert team learns your goals and needs
- We find the best asset finance to achieve your goals
Key takeaways
Borrow up to 100% of the truck value
Loan terms up to 7 years
Competitive rates and low doc options
What is Truck Finance?
Truck finance is specifically designed to help business owners acquire the trucks they need to run and grow their transport, logistics, or other truck-dependent businesses.
It allows you to borrow up to 100% of the truck price (new or used), using the truck as security against the loan. With set interest rates and repayment periods, this lending option is very popular with business owners because it covers a wide range of truck purchases, from light rigid trucks to multi combination vehicles, while potentially offering tax advantages (speak to your financial advisor).
This lending product is well suited to all types of businesses that rely on trucks, from owner-operators to large fleet managers.
Who qualifies?
To be eligible for truck finance, you generally need to:
- Have an active ABN
- Be a tax resident (Australia)
- Trucks must be for business use (mainly)
- Have operators with appropriate truck licences.
Book a meeting with our expert team to talk through your truck finance needs, rates and repayments.
Nadine Connell
Commercial Finance Broker
Common Features of
Truck Finance
Loan Rates and Terms
There are a number of factors that lenders consider when setting interest rates and terms for potential borrowers.
These can include:
- How much you want to borrow
- What class of truck you want to buy (LR, MR, HR, HC, MC)
- Whether the truck is new or used
- Whether you want to buy or lease
- Your business revenue and credit history
- The term of the loan
To find out what rates and terms are available to you, speak to our expert lending team, who can walk you through the different options depending on your unique needs.
We get you the best business finance
from our marketplace of 60+ lenders
Not just your commercial finance broker.
Your business partner for the long haul.
Over the past 15 years Nadine and Chris have had the privilege to help more than 3,300 Australian business owners realise their business goals.
Everyone’s situation and needs are unique. That’s why we offer personalised commercial finance broker and planning services, designed to ensure you get the right type of business finance with the best rates and terms possible.
What’s more, as our client you’ll also get access to all the experience and knowledge of our team – helping you succeed long term. Together.
Why Work with Us?
We’ve had the privilege of helping more than 3,300 Australian business owners over the past 15 years, and we’d love to help you grow your trucking business as well.
Personalised service
We get to know you and your business, your goals and situation, and offer our expert advice on truck lending products that might best fit your needs.
Strategic view
We take a holistic view of your business goals, ensuring a decision to take on truck finance is considered against your financial situation and other needs.
Quick access
We work with lenders to ensure fast application processes and access to your funds. Expert help: We are here to guide you all the way through the process, making sure your application process runs smoothly.
Frequently asked questions
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Typically the truck being purchased or leased serves as security against the loan.
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Have a question? Just ask!
One of our lending specialists will be in touch
