Financing trucks, trailers and transport

The truck and the trailer as one deal

Transport assets often finance as a rig, not a single unit. A prime mover and its trailer, or a truck and the body that goes on it, can sit together on one facility rather than as two separate arrangements, which keeps the paperwork and the payments simple.

You can finance a truck on its own, a trailer on its own, or the pair as one, whatever matches how you run. Tell us what the rig looks like and we'll work out the cleanest way to fund it. If it's a lighter vehicle you're after, there's financing a work ute or commercial vehicle instead.

Rent or buy for a working vehicle

There are three ways most operators finance this kind of asset, and the right one depends on how and when you want to own it. A Chattel Mortgage means it's yours from day one and you finance the purchase. Rent-to-Own spreads the cost as regular rentals with ownership at the end. A Lease keeps the repayments steady over a set term.

A transport asset's working life and how hard it runs both feed into the term that makes sense; a truck doing long-haul kilometres ages differently to a trailer that sits and waits, and that's worth talking through rather than defaulting to a set term. You don't pick the lender; you tell us the asset and the business, and someone from our team compares lenders and arranges the finance in the structure that fits.

What drives the repayment

The asset and its price (ex-GST), its age, the term you choose, and the structure. Age matters more on trucks than on most assets, an older prime mover is financed differently to a near-new one, and a longer term lowers the monthly figure while costing a little more overall.

We work from the price (ex-GST); the GST and the tax treatment are your accountant's call, and they'll walk you through how it sits. We won't put a rate or a total against it here, because the only figure worth acting on is the indicative one for your exact rig.

Adding capacity as the run grows

Growth in transport usually means another vehicle: a second truck for the extra freight, a trailer to lift capacity, or a swap to something heavier. When the work is there, the finance sits under the growth, funded over the years the asset is earning, so the cash stays in the business for fuel, rego and the quiet weeks.

There's no wrong time and no rush; the right moment is when the added capacity pays for itself in freight you're already turning away. If you're also moving materials-handling gear, there's financing a forklift on the same picture.

Who you'll deal with

You deal with a real person from our team, not a call centre and not a form that vanishes once you hit send. The same contact who arranges your finance is the one you can call when something comes up, before settlement and after. We compare the lenders so you don't have to, and we keep you in the loop in plain language the whole way through.