Truck & Fleet Finance Australia
Industries › Truck & Fleet Finance
Your Bank Sees Freight Risk.
We See the Operator.
We See the Operator.
Prime movers, trailers, fleet cashflow, and home loans — structured for owner-drivers and transport operators who need a broker that actually understands trucking.
$50K
to $2M+ deals
24hr
Indicative terms
Low Doc
& Full doc pathways
All-in-One
Truck to home loans
Switchboard Finance · Credit Representative 576702 · Finsure ACL 384704
Where are you?
Wherever you are on the road, we've been there with someone like you.
Tell us where your transport business is at — we'll map the right structure from there.
First truck, first contract.
You've come off someone else's truck and you're ready to run your own. You need a prime mover or a rigid — but the bank wants two years of financials you don't have as an owner-driver yet. Low doc pathways let you finance the truck from day one. Chattel mortgage structures keep repayments predictable while you build the freight book.
Growing the fleet.
You've got two trucks running and a third contract locked in. You need another prime mover, a B-double set, maybe a tipper for a civil sub. But you're trading through a trust and the bank wants full financials. Specialist lenders assess the asset and your freight revenue — not a rigid paper trail. If your credit file has marks from a slow quarter, there are pathways for that too.
Cashflow, fuel & working capital.
This is where transport diverges from every other industry. Diesel costs $8K–$15K/month. Freight invoices take 30–60 days to land. You need a line of credit for fuel and wages while you wait for remittance. Invoice finance turns unpaid freight invoices into same-day cash. This isn't generic cashflow — it's transport working capital.
Property, depot & home loans.
You're past trucks. You want to buy the depot you've been leasing — commercial property with parking and hardstand. Unlock equity through private lending or a second mortgage. Buy your first home with transport income the bank won't recognise — One Doc Home Loans use your BAS, not tax returns. One broker across all of it.
What are you financing?
Every truck and trailer has a different finance structure that works best.
The difference between chattel mortgage, lease, and rental can cost you thousands in tax. We map it before the paperwork starts.
Prime mover finance
Kenworth, Mack, Volvo, Scania, Western Star — new or used. Most common deal: 5–7 year chattel mortgage, low doc, balloon optional. Your truck is the business. We know which lenders have prime mover appetite.
See finance optionsRigid truck finance
Tippers, tautliners, concrete agitators, crane trucks, pantech. Isuzu, Hino, Fuso, UD. Smaller deal sizes than prime movers but faster approvals. Instant asset write-off structures available.
See finance optionsUsed truck finance
Buying a secondhand truck — dealer or private sale. Used trucks finance well through specialist lenders. Age limits vary (typically up to 15–20 years). Private sale deals need an independent valuation.
See finance optionsSemi-trailer & B-double finance
Flat tops, curtainsiders, drop decks, skeletal trailers. New or used. Often financed alongside the prime mover as a single facility or bundled with a fleet deal.
See finance optionsTanker & bulk trailer finance
Fuel tankers, water carts, bulk powder, liquid bulk. Specialist valuations apply. Larger deal sizes ($150K–$500K+). We know which lenders have tanker appetite and which don't.
See finance optionsRefrigerated trailer finance
Reefer trailers, refrigerated pantech bodies, cold chain transport. Critical for food, pharma, and perishable freight. Thermo King and Carrier units financed as part of the trailer or standalone.
See finance optionsForklift & yard equipment
Forklifts, pallet jacks, reach stackers, loading dock equipment. Depot and warehouse essentials. Low doc, fast approvals, often bundled with truck deals.
See finance optionsGPS, ELD & telematics
Fleet tracking, electronic logging devices, fatigue management systems, dashcams. Lower deal sizes but often bundled. Can be financed alongside the truck or standalone.
See finance optionsWorkshop & maintenance gear
Hoists, compressors, tooling, wash bays, fuel storage tanks. If you're running your own maintenance, these assets finance well through equipment pathways.
See finance optionsBeyond trucks
Cashflow, property & specialist lending for transport.
Trucks are half the picture. Transport businesses need fuel funding, freight cashflow, property solutions, and lending pathways banks won't offer owner-drivers.
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Invoice finance
Turn unpaid freight invoices into same-day cash. Stop waiting 30–60 days for remittance while diesel costs eat your margin.
💰
Business line of credit
Revolving facility for fuel, wages, rego, and maintenance. Draw down when freight invoices are outstanding, pay back when they land.
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Working capital loans
Bridge the gap between diesel costs and freight revenue. Cover wages, tolls, rego, and insurance during seasonal dips or contract transitions.
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Caveat loans
Need $50K–$500K in 24–48 hours? Caveat loans against property for urgent truck deposits, insurance renewals, or contract mobilisation.
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Commercial property
Buy the depot, the yard, the hardstand. Low doc pathways for self-employed transport operators. Industrial property with parking and access.
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Bad credit business loans
Banks decline transport businesses based on industry code alone. If your credit file has marks but the trucks are running — there are pathways.
Your home loan too
Already sorted your trucks? There's one more thing the bank won't help with.
Most truck finance brokers only handle asset deals. Most mortgage brokers don't understand transport income. We do both.
One Doc Home Loan
Use your most recent BAS instead of two years of tax returns. Same houses, same rates — different documentation pathway. For owner-drivers with trusts, company distributions, or complex structures, alt doc verification pathways are also available.
30+
articles for truck & transport businesses
Prime Mover Finance: The Complete Guide
Owner-Driver First Truck Finance
Truck Payout Figure Explained
Freight Invoice Cashflow for Transport
Latest reads
Estimate your repayments
See what your truck could cost per month.
Adjust the sliders to get an indicative monthly estimate. Every transport deal is different — this gives you a starting point.
Asset value$150,000
Deposit$15,000 (10%)
Loan term
Structure
Indicative estimate
Est. monthly
$2,670
Total cost
$160,216
Financed
$135,000
Tax structure
GST claimable ✓
Indicative only — based on standard rate assumptions. Actual terms on enquiry. No credit check at this stage.
Get an indicative quote →No credit check · No obligation · We respond same day
Are we a fit?
Who this works for — and who it might not.
We're not for everyone. Here's how we think about fit so nobody wastes time.
Owner-driver (first or second truck)
$80K – $400K
Came off someone else's truck, got the ABN, need your own prime mover or rigid. Low doc, 12+ months ABN preferred but day-one pathways exist with a deposit. This is the bread and butter — fast approvals, competitive rates on strong assets.
Fleet operator (3+ trucks)
$200K – $2M+
Multiple trucks, corporate structures, group lending across entities. Fleet add-ons, trailer replacements, working capital for fuel. Complex structures but our favourite kind of deal. Full doc gets the best rates; low doc still available.
Subcontractor / linehaul carrier
$100K – $500K
Running under a major carrier's authority — Toll, Linfox, FBT, K&S. Consistent freight revenue makes lending easier. Lenders love contracted revenue. Chattel mortgage or lease with balloon.
Courier / last-mile fleet
$30K – $200K
Vans, small rigids, refrigerated pantech for last-mile delivery. Amazon DSP, Toll IPEC, StarTrack sub-contractors. Vehicle finance pathways for registered vehicles — often cheaper than asset finance rates.
We work with business owners and self-employed operators only — not PAYG employees. If you're a company driver thinking about going owner-driver but don't have an ABN yet, get in touch and we'll tell you straight whether there's a pathway.
Real deal scenarios
How truck deals actually move through our process.
These are based on real deal structures we've arranged. Names changed, details representative.
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Dave — First prime mover
Kenworth T610 · $320K · Chattel mortgage
Dave drove for a linehaul carrier for 8 years before going owner-driver. 14-month ABN, subcontract locked in with consistent freight revenue. Bank said no — insufficient trading history. We structured a 5-year chattel mortgage with 10% deposit through a specialist lender that assessed the freight contract and bank statements, not tax returns.
Day 0 — Dealer quote + freight contract + 6 months bank statements
Day 1 — Indicative approval, rate locked
Day 3 — Formal approval, docs signed
Day 7 — Truck collected, finance settled
Low doc10% depositFreight contract
🚚
Raj & Sons — Fleet expansion
3x Isuzu rigids + trailers · $480K · Finance lease
Raj runs a family-owned distribution business out of western Melbourne. Three existing trucks, needed three more Isuzu rigids and matching trailers for a new contract with a national retailer. Trading through a family trust with 5 years of BAS history. We structured the fleet as a single finance lease facility across all six assets — simpler admin, one repayment, better rate at that volume.
Day 0 — Fleet quote pack + contract letter + 12 months bank statements
Day 2 — All six assets conditionally approved
Day 5 — Docs signed, deposits paid
Day 12 — Trucks and trailers delivered to depot
Trust structureFleet facilityFinance lease
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Steve — Cashflow bridge + used truck
Used Mack + LOC · $210K + $80K facility
Steve's existing truck needed replacing and his freight invoices were running 45 days behind. He needed a used Mack Trident ($210K) and a line of credit ($80K) to cover fuel and wages while waiting on remittance. We structured both simultaneously — the truck on a 5-year chattel mortgage (used truck specialist lender), the LOC as a separate unsecured facility based on turnover.
Day 0 — Truck valuation + 6 months bank statements + freight invoices
Day 2 — Truck approved, LOC conditionally approved
Day 4 — Both docs signed
Day 6 — Truck settled, LOC drawn on day one for fuel
Used truckDual facilityCashflow + asset
Common questions
Questions truckies ask before they apply.
Straight answers. No jargon.
Yes. Specialist lenders finance new owner-drivers with ABNs as young as one day — but you'll typically need a 10–20% deposit and evidence of a freight contract or subcontract. The stronger the asset (new truck, strong brand), the easier the approval.
Most lenders cap at 15–20 years at end of term, but this varies. A well-maintained 10-year-old Kenworth with service history finances better than a 5-year-old truck with no records. Private sale trucks need an independent valuation.
For most truck deals: a clear quote or purchase agreement from the dealer, 3–6 months of business bank statements, your ABN, and ideally your freight contract or subcontract agreement. That's it for low doc. Full doc adds BAS and financials but gets better rates.
Yes — and it's usually better to. A bundled facility (prime mover + trailer) often gets a better rate than two separate deals. The lender assesses the total package as one operating unit. We structure these regularly.
No. We don't run a credit check to give you indicative terms. A credit check only happens after you've agreed to proceed and we submit to a lender. Enquiring costs you nothing and doesn't touch your credit file.
Absolutely. Invoice finance for freight receivables, business line of credit for fuel and wages, working capital for seasonal gaps. Transport cashflow is as important as the truck itself — we handle both sides.
Ready to finance your next truck?
No credit check to enquire. We respond same day. One broker from prime mover to home loan.
Switchboard Finance Pty Ltd · ABN 29 691 892 289 · Credit Representative 576702 · Authorised under Finsure Group Pty Ltd · Australian Credit Licence 384704
General information only — not financial advice. All applications subject to lender criteria and assessment.
General information only — not financial advice. All applications subject to lender criteria and assessment.
© 2026 Switchboard Finance Pty Ltd. ABN 29 691 892 289. Credit Representative 576702 is authorised under Australian Credit Licence 384704 (Finsure Group Pty Ltd). All finance applications are subject to lender criteria, terms, and conditions. Information on this page is general in nature and does not constitute financial advice. Switchboard Finance does not guarantee approval or specific rates.
Get an indicative quote
No credit check. We respond same day. Tell us what you need and we'll map the best structure.