Truck Finance for Owner-Drivers, Fleets and Transport Operators
Finance for prime movers, rigid trucks, tippers, agitators and specialist heavy vehicles. Specialist truck lenders, fast decisions for ABN holders, used and new.
Subject to lender assessment and approval. ACL 384704.
Truck Finance — Quick Guide
- Structure — chattel mortgage most common
- Term — up to 5–7 years on the right asset
- Used trucks — commonly accepted, age limits at end of term
- Deposit — 0–20% depending on profile
- Specialist lenders — transport-specific panel for owner-drivers
- Tax — GST upfront + depreciation/interest deductible
Truck Types We Finance
Specialist truck lenders accept a wide range of heavy vehicles.
Prime Movers
Single, B-double and road-train prime movers.
- Major brands accepted
- Specialist lenders strong on transport
- Used to ~7–10 years
Rigid Trucks
Curtain-siders, pantechs and rigid box bodies.
- Common business asset
- Age limits at end of term
- Auto-decision platforms quick
Tippers & Construction Trucks
Tippers, agitators, tilt-trays, hookloaders.
- Civil and construction operators
- Pair with trailer finance where useful
- Specialist lenders for vocational trucks
Refrigerated & Specialty
Refrigerated, livestock, tanker and other specialty.
- Specialist build / body considered
- Income evidence often needed for newer ABNs
- Pricing reflects specialty market
Documents You’ll Typically Need
- ABN registration and trading history
- Driver / heavy vehicle licence for operators
- Bank statements (3–6 months) or BAS
- Asset & liability position
- Truck invoice or dealer quote
- Insurance details / commitment
Frequently Asked Questions
Can I get truck finance as an owner-driver?
Yes. Specialist truck lenders work with owner-drivers regularly. They focus on transport experience, the asset itself and forward income (e.g. confirmed contracts) more than just historical tax returns.
How old can the truck be?
Most lenders limit truck age to about 10–15 years at end of term, depending on type. Specialist lenders are more flexible on older assets, especially well-maintained prime movers and tippers.
Can I finance the trailer as part of the same deal?
Yes. Truck and trailer can be financed in the same package or as a follow-on. We sequence the deals so it’s simple at the dealer.
What if my ABN is less than 2 years old?
There are specialist lenders that accept newer ABNs (12 months or less) for owner-drivers with strong industry experience and a confirmed work pipeline. Pricing reflects the lower trading history.
Buying a truck?
Speak with Jorden about the right specialist truck lender for your asset, ABN history and run.