Truck Finance. From Single Vehicles to Full Fleets.
Whether you're an owner-operator buying your first rig or a transport business expanding your heavy vehicle fleet, we compare truck lenders to find the right structure.
All heavy vehicle types. Owner-operators and fleets welcome.
Truck Finance: Broker vs Bank
Broker vs bank,
a real comparison
Heavy vehicle specialist lenders
Some of the strongest truck finance pricing comes from lenders who specialise in transport and heavy vehicles.
All vehicle categories covered
Rigid trucks, cab-overs, semi-trailers, prime movers and B-doubles across both new and used.
Owner-operator support
We understand the cash flow and income patterns of owner-operators and match you to appropriate lenders.
Fleet structures available
Financing a growing truck fleet? We establish scalable structures for transport businesses.
The process
How Truck Finance Works
Tell us about your vehicle
Share the truck type, purchase price and how you intend to use it.
We compare the market
We search heavy vehicle lenders across our panel for suited rates and structures.
Review your options
Rates and terms explained clearly, with nothing buried, before you decide.
Settle and get moving
We manage settlement and your truck is ready for work.
Truck finance, explained plainly.
Step 1 of 5
Understand truck finance
Truck finance is assessed on the truck and the work it does. GVM, body type and configuration are the first things a lender looks at, because they say what the truck is for.
Rigids, prime movers, tippers and refrigerated bodies are all financeable, along with the trailers that work behind them, over terms of one to seven years.
The lender registers its interest on the PPSR. On heavier trucks a lender looks harder at the value and the specification than it would on a light vehicle.
Why choose truck finance
A truck earns money every month, and financing spreads what it costs across those same months rather than taking a large sum out of the business up front.
Keeping capital in the business matters more in transport than almost anywhere, because fuel, tyres and compliance costs arrive whether the work does or not.
A planned finance term also makes fleet renewal something you schedule rather than something forced on you when a unit finally stops.
Deciding if truck finance fits
Owner-operators and established fleets are assessed differently, so the shortlist of lenders is different too.
Older trucks are financeable but narrow the panel, since fewer lenders will carry an ageing unit for the full length of a term.
Specialised bodies need a lender comfortable with that segment. A crane truck or a refrigerated unit is not valued the same way a standard tipper is.
How to apply for truck finance
Provide the ABN, the trading history and the truck's details including GVM, body and configuration. That is what your broker needs to shortlist lenders accurately.
If you are buying at auction or privately, tell your broker before you bid, so the valuation and the settlement are arranged in advance.
Pre-approval is possible the same day on straightforward files, and your broker handles payment through to the truck going into service.
Tips for truck finance
Compare what the truck earns each week against what it costs each week, finance repayment included. That is a better guide than the purchase price on its own.
Service records matter on heavy vehicles. A high-kilometre truck with a full history often assesses better than a low-kilometre one without.
Confirm the configuration suits the work before financing it. A truck bought for the wrong task is an expensive thing to re-specify later.
Truck finance at a glance
- GVM, body type and configuration describe the truck to a lender
- Rigids, prime movers, tippers and the trailers behind them are all financeable
- Terms run from 1 to 7 years with the unit held as security
- A full service history matters on heavy vehicles
- Lenders compared in one enquiry, with pre-approval possible on straightforward files
Truck Finance Built Around Transport Businesses
Heavy vehicle lending has specific criteria that differ from standard commercial finance. We understand those differences and match you to lenders who do too.
Get my quoteRigid or Prime Mover
From single rigid trucks to prime movers and trailer combinations, we structure finance around the asset and its workload.
B-Double and Fleet Ready
Adding a B-double combination or growing a fleet? We arrange structures that scale as your operation does.
Operator Financials Understood
Lenders on our panel read owner-operator and fleet financials properly, including contract-based and seasonal income.
Balloons Sized to Resale
We size balloon payments against realistic end-of-term truck values, not generic percentages.
On-Road and Off-Road Use
Highway prime movers, tippers and site trucks are assessed differently. We match lenders to how the truck is used.
Replacement Cycle Planning
Terms structured around your truck replacement cycle, so the finance ends when the truck is due to turn over.
Truck Finance Repayment Calculator
Estimate your repayments. Adjust the sliders to match your situation.
Monthly repayment
$3,523
per month
Weekly
$813
Total repayment
$169,092
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteAbout the starting rate
6.00% p.a. is a starting point for estimating repayments only. It is not a quote, not an offer of finance, and not a rate available to every applicant. Your actual rate depends on the lender, the asset, the loan term, the loan amount and your circumstances. Adjust to model scenarios.
More Commercial Finance Options
Choosing the Right
Structure.
There are several ways to finance a truck, and the right one depends on how the business is set up and how the truck is used. Your broker matches the structure to the business, and you confirm the treatment with your accountant.
Commercial Finance Guides
Written by a licensed broker for Australian businesses.
8 guidesCommercial financeUtes, trucks and work vehicles for ABN holders, including low-doc options.Explore commercial finance
Truck Finance 101: Owner-Drivers and FleetsHow truck finance works in Australia, from a first prime mover to a growing fleet, covering what lenders assess, structures and terms, and trailers.
How Fleet Finance WorksOnce a business runs several vehicles, funding them as one arrangement beats accumulating loans. Facilities, structures and replacement cycles.GST and Tax Treatment of Vehicle Finance in Plain EnglishHow GST, deductions and depreciation sit alongside business vehicle finance, laid out simply for the conversation with your accountant.New ABN? How to Finance a Work VehicleA young ABN narrows the lender pool without closing it. What lenders want to see, and the evidence that carries a new business over the line.See all 8 commercial finance guidesWho we help
Who We Help with Truck Finance
Owner-Operators
Single truck owner-operators buying their first or next rig.
Transport Businesses
Growing fleets for logistics and long-haul transport operations.
Construction Hauliers
Tipper trucks and rigid vehicles for construction material transport.
Agricultural Transport
Semi-trailers and B-doubles for agricultural freight operations.
Fleet Operators
Multi-vehicle heavy transport fleets with structured facility requirements.
Australian registered business or owner-operator
ABN registered with acceptable trading history
Vehicle used for genuine commercial transport purposes
Acceptable business credit history
Financial statements, BAS or bank statements available
Truck Finance FAQs
Yes. Owner-operators are a common applicant type for heavy vehicle finance. We match you to lenders who understand transport business income.
Yes. We arrange finance for quality used heavy vehicles. Age, condition and kilometres can affect lender eligibility. We identify suitable lenders for your specific vehicle.
Deposit requirements vary by lender and vehicle value. Some lenders offer low-deposit options for strong applicants. We advise on what's required.
You own the truck from day one. The lender holds a mortgage over it until the loan is repaid. Interest and depreciation may be deductible. Speak to your accountant to confirm your position.
Yes. Low doc truck finance is available for owner-operators and self-employed applicants. We identify suitable lenders for non-standard income structures.
Typically 3 to 7 years depending on the lender, vehicle value and your repayment preferences.