Truck finance that keeps cash in your business
Prime movers, tippers, rigids and delivery trucks — financed on a chattel mortgage structured around your run rate, not just a headline rate.
Whether you're an owner-driver with one prime mover or running a freight fleet, the structure matters more than the sticker rate. A sensible balloon keeps your monthly repayment down and working capital in the business; the right lender for a truck of that age and your trading history is what gets it approved. We sort both.
Who it's for
Owner-drivers, transport and logistics operators, civil contractors.
We finance new and older trucks
New trucks from a dealer are the most straightforward, but we regularly arrange finance for used and higher-hour trucks too — including older units that mainstream lenders won't touch. The asset's age, your ABN history and the security on offer all shape which lender fits and what rate you'll see.
Established ABN + property often means no financials
If your ABN has been active for 2+ years, you're registered for GST and a director owns property, low-doc truck finance can frequently be arranged with no tax returns, BAS or bank statements — often into six figures. It's faster and far less paperwork. We'll tell you honestly whether low-doc or a full submission gets you the better outcome.
A balloon lowers the monthly repayment
Putting a balloon (residual) on a truck deal — commonly around 30% — reduces what you pay each month and protects cash flow for fuel, tyres and the quiet weeks. At the end of the term you refinance the balloon, pay it out, or roll into a newer truck. Most owner-drivers under-use the balloon, which is the simplest lever for keeping working capital in the business.
How a truck's age and kms shape the deal
Lenders look closely at a heavy vehicle's age, hours and odometer, because a prime mover with high kilometres carries more risk than a near-new rigid. Older trucks are still very financeable — it just narrows which lenders fit and can shorten the available term so the finance doesn't outlast the asset. Tell us the year and kms upfront and we'll match you to a funder comfortable with that profile rather than collecting knock-backs.
Pull cash back out of a truck you already own
If your business owns a prime mover or rigid outright, you can often raise capital against it — typically up to around 90% of current market value — to fund a deposit on the next unit, cover a rebuild, or shore up working capital. There's also sale-and-buyback within six months of a purchase. These are usually low-doc and a clean way to put idle equity back on the road.
Own the truck, claim the GST and depreciation
On a chattel mortgage your business owns the truck from day one, so you can generally claim the GST input tax credit on the purchase and depreciate it over the years it's earning. For a working transport asset that's typically a meaningful deduction. Always confirm the specifics with your accountant, but the structure is built to work in your favour.
Talk to a specialist
Get a competitive rate and the right structure for your next asset. No obligation, 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 a competitive rate to match.
A balloon lowers your monthly repayment and keeps cash in the business. ~30% is common; new vehicles can go to 40%.
Real rates today typically sit in the 6–9% range depending 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 and higher-kilometre trucks are a big part of what we arrange, including older units mainstream banks decline. The truck's age, hours and your ABN history shape which lender fits and what term is available, but a well-maintained used prime mover or tipper is very financeable. Send us the year and kms and we'll tell you what's realistic.
Explore more finance
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.