Tow truck finance for towing and recovery operators
Tilt trays, wheel-lift and quick-shift tow trucks — financed as one complete working vehicle, chassis and equipment together.
A tow truck earns on call-outs at any hour, and the tray, winch and recovery gear are as much a part of the cost as the chassis. We structure the finance around the full working vehicle and the nature of towing income, whether that's contract roadside work or accident and insurance recovery. New or used — we can usually fund it.
Who it's for
Towing and vehicle recovery operators, roadside assistance contractors, panel and smash repair businesses running their own trucks and insurance recovery fleets.
Wrap the tray, winch and recovery gear into one facility
A tilt tray or wheel-lift tow truck is built up from a cab-chassis with a specialised tray, winch, straps and recovery equipment added on. These can usually be included in the same chattel mortgage as the truck, so you're financing the complete recovery vehicle rather than a bare chassis.
New to a roadside or insurance contract
If you're starting or expanding under a roadside assistance or insurance recovery contract, having the agreement or a letter of intent available can support your application, particularly if your ABN is newer. It helps demonstrate the call-out volume the truck will generate.
Established ABN and property often means no financials
If your ABN has been active for 2+ years, you're GST registered and a director owns property, tow truck finance can frequently be arranged with no tax returns, BAS or bank statements. That's usually enough headroom for a tilt tray including the tray and winch.
Buying secondhand? We check the title before settlement
Used tow trucks, including ex-fleet units, are common. A dealer purchase is the simplest path. For a private sale we run a PPSR check to confirm the truck and its fit-out are free of registered finance or encumbrance before you pay.
A balloon smooths out variable call-out income
Call-out volume can vary week to week, especially for operators without a fixed contract. A balloon (residual) lowers the monthly repayment, keeping more cash available to ride out quieter periods. At the end of term you can refinance the balloon, pay it out, or move to the next truck.
Own the truck, claim the GST and depreciation
On a chattel mortgage your business owns the tow truck and its tray from day one, so you can generally claim the GST input tax credit on the purchase and depreciate it over its working life. Confirm the detail with your accountant based on your business structure.
Talk to a specialist
Get the right rate and the right structure for your next asset. No pressure to proceed, no credit-file hit to ask.
- Panel of commercial lenders
- Low-doc options for established ABNs
- Pre-approval before you buy
Work it out backwards.
Start with a repayment that keeps cash in your business and see what it finances — then we’ll line up the right rate to match.
A balloon lowers your monthly repayment and keeps cash in the business. ~30% is common; new vehicles can go to 40%.
Your rate depends on the asset, its age, your ABN and security. A guide, not a quote.
Estimate only, excluding fees and charges. Not a quote, offer, or credit assistance. Actual repayments depend on the lender’s assessment.
Common questions
Yes — used tow trucks, including ex-fleet and ex-dealer units, are a large part of what we finance. Dealer purchases are simplest. Private sales need a PPSR check, which we handle, to confirm the truck and its tray or winch fit-out are free of encumbrance.
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Ready to move on your next asset?
Get pre-approved and negotiate as a cash-equivalent buyer — we'll handle the rate, the structure and the paperwork.