Truck Finance

Yes—utes, vans, trucks, and more can all be financed.

Often through a chattel mortgage, hire purchase, or lease.

Yes, you do. Trucks are treated as business-use assets, so an ABN is required.

Consumer loans are only for personal purchases like cars, bikes, boats, or caravans.

1. Chattel mortgage – you own it, may claim GST/depreciation.
2. Hire purchase – own it after final payment.
3. Finance lease – lender owns it, you pay to use.

Yes, full-funding is common. Deposit is optional but reduces repayments.

Typically 1–5 years, sometimes up to 7 (or 10 in special cases).

Usually similar, unless the truck is very specialised or the business is new.

Yes—comprehensive commercial insurance is mandatory.

Hidden fees, bait-and-switch rates, and poor communication.

We solve this with upfront quotes, transparent fees, and dedicated support.

Often yes, but some lenders charge early payout fees.

1. We’ll find you a product that suits your future plans.
2. Example: Some loans allow unlimited extra repayments without penalty.

Most car loans in Australia are fixed.

1. This makes budgeting easier.
2. Variable exists but is less common for cars.

Yes, you own it from day one.

1. The lender just registers an interest until the loan is paid.

A lump sum due at the end of the loan to keep repayments lower.

1. Example: $50,000 truck with 20% balloon = $10,000 due at term’s end.
2. Works well if you plan to trade in or upgrade later.

No, checking rates is usually a “soft check.”

1. Only when you proceed with a specific lender is a “hard check” done, which can affect your score.
2. This means you can shop around safely.