Commercial Truck Finance
Australia

We arrange finance for all major truck brands sold in Australia — including Isuzu, Hino, Fuso, Kenworth, Volvo, Scania, Western Star, Mercedes-Benz Trucks, DAF, UD Trucks and more. New and used vehicles are both eligible.

For most GST-registered businesses, a chattel mortgage delivers the best outcome: immediate ownership, upfront GST recovery in the next BAS, and the ability to claim interest and depreciation as tax deductions. Finance lease and operating lease suit businesses with different cash flow or tax requirements. A broker will recommend the best structure after reviewing your situation.

Many established businesses can access truck finance with $0 deposit (100% finance). Startups or businesses with limited trading history may need 10–20% deposit depending on the lender and truck type. A broker can advise the best approach for your credit profile and situation.

Most standard truck finance applications receive a pre-approval within 4–24 business hours. Larger loans ($500K+) or complex structures may take 2–3 days for formal credit approval. Settlement typically occurs within 1–2 business days of approval.

Yes. Owner drivers with an active ABN can access commercial truck finance. Most lenders require 12–24 months ABN history for full-doc finance. New ABN holders may qualify for low-doc or no-doc products with a larger deposit. A chattel mortgage is the most common structure — you own the truck immediately, claim the upfront GST credit and deduct interest and depreciation. See our owner driver guide →

Chattel mortgage truck finance starts from 6.29% p.a. for new vehicles with strong credit. Used trucks from 7.49% p.a.; low-doc or bad-credit options from 9.99% p.a. Rates vary by vehicle age, term, deposit, ABN age and credit profile. See the 2026 truck finance rates guide →

New trucks attract the lowest rates (from 6.29% p.a.) and full manufacturer warranty. Used trucks under 5 years old qualify for standard rates. Older vehicles may attract rate loadings or restricted terms. Read the full new vs used truck finance guide →

Yes. Trailer units, body fitouts, refrigeration equipment, toolboxes, and other accessories can typically be included in the same facility as the truck — provided the lender is satisfied with the total asset value. This simplifies administration and maximises your tax position by treating the whole combination as a single depreciating asset.

Yes. An ABN is one of the primary requirements for commercial truck finance. Businesses with 2+ years trading typically qualify for full-doc finance. Newer businesses or sole traders may qualify for low-doc or no-doc products depending on the lender and truck value.

A balloon payment is an optional lump sum at the end of your loan term. Setting a balloon — typically 10–30% of the truck’s price — reduces your regular repayments during the term. At the end you can pay it from cash flow, refinance it, or sell the truck and use the proceeds. Unlike a finance lease, a chattel mortgage balloon has no ATO minimum residual, so you can set it at 0% if you prefer to own the truck outright. See the balloon payment guide →