Asset finance · truck & transport
Truck and transport finance
Trucks earn their keep on the road, not sitting in a yard waiting to be paid for in full. Truck finance lets you get the vehicle working now and pay for it over time, out of the revenue it generates.
What it is, when it fits
Plain English, with the trade-offs.
Whether it is a single rigid, a prime mover, a trailer or a whole fleet, the right finance keeps your cash free for fuel, maintenance, wages and the next job. We compare truck and transport finance across our whole lender panel, match the structure to how you run, and explain the options in plain English. You pay us nothing; the lender pays us when your finance settles.
Australian prime mover and trailers at a logistics depot at dusk.
Typical scenarios
Owner-operator buying first prime mover
Why: Need vehicle on the road now; want to align repayments with revenue cycle
Outcome: Chattel mortgage with 6-year term and balloon set at trade-in residual; settled in 5 working days
Transport business adding 3 trailers to existing fleet
Why: Existing facility full; needs to scale without disrupting operations
Outcome: Standalone trailer finance through specialist lender; existing fleet untouched
Owner-operator upgrading to a quality used truck
Why: Bank declined due to vehicle age; needs lender comfortable with older units
Outcome: Specialist lender approved on 5-year-old prime mover, structured around earnings
Lenders for this product
Who we work with.
- Pepper Asset Finance
- Angle Finance
- Metro Finance
- Selfco
- Allied Credit
- Flexi Commercial
- Finance One
- Liberty Commercial
- Westpac Asset Finance
Lender accreditation varies; not every lender is available for every deal. We pick from the panel based on your specific situation.
How it works
From brief to settlement.
- 01
Discovery call
A short conversation about the vehicle, your trading history, and timing. We pre-qualify against current lender appetite before anything goes formal.
- 02
Lender shortlist
We identify the two or three lenders most likely to fund your vehicle on good terms. For older or unusual trucks, this is where a broker saves you knock-backs.
- 03
Application + approval
We assemble the supporting documents and submit. Approvals typically come back in 24 to 72 hours; specialist deals can take longer.
- 04
Settlement
Documentation signs electronically, lender pays the dealer, you take the truck. We follow up after settlement to confirm everything funded correctly.
Indicative pricing & terms
Ranges, not promises.
Rate range
From 7.5% p.a. (well-presented owner-operator deals)
Loan size
$30K to $1M+ per vehicle
Term
3 to 7 years
Security
Secured against the vehicle
Indicative only; specific pricing depends on lender, security, and your business profile.
Frequently asked
Honest answers, plain English.
Can I finance a used or older truck?
Yes. Many lenders finance used trucks, though terms depend on the age and condition of the vehicle. Older vehicles reduce the number of willing lenders, which is where comparing the market matters most.
Can I finance a whole fleet?
Yes. We arrange finance for single vehicles and fleet purchases, and can structure facilities that make adding vehicles over time simpler.
I am an owner-operator or new ABN holder. Can I still get finance?
Often, yes. Some lenders specialise in owner-operators and newer businesses. We will match you to lenders that suit your situation rather than send you to one that is likely to decline.
What are the tax benefits of a chattel mortgage on a truck?
There can be GST and depreciation benefits depending on your circumstances. We are not tax advisers, so confirm the detail with your accountant, but we will arrange the structure that supports it.
Do you charge a fee?
No. The lender pays us when your finance settles. Any fee that ever applied would be disclosed in writing first.
Related products
If this isn't quite the fit.
Next step
Twenty minutes, no obligation.
Tell us the shape of the deal and the timing. We'll send a lender shortlist for truck and transport finance or, if it isn't the right fit, an honest signal of what is.