Easy Truck Loan Calculator
Quickly Get Competitive Rates with Our Truck Loan Service. Estimate Your Truck Loan Now!
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Get the Most Competitive Truck Loan Rates from 80+ Lenders
It can be a hard slog for operators trying to find the best interest rates on heavy vehicle finance. The lending market is extensive with variations in rates evident across the market. Add to that the challenge that many specialist non-bank lenders only work through brokers, not directly with businesses. Turn that hard slog into an easy task by using our services.
We have accreditations with more than 80 lenders which include the major banks, finance companies, and most importantly, non-bank lenders that specialise in heavy vehicle loans. We do the hard work for you, finding the right lender and the best rates on your choice of credit facility.
Connect with our lenders and the competitive rate opportunities available by connecting with us – request a quote.
Connecting with us is opening opportunities to secure the most competitive rates and expertly sourced and structured finance to suit your requirements. Our brokers work on your behalf to quickly find you the most cost-effective vehicle finance solution for Lease, Rent-to-Own, Chattel Mortgage and CHP. To have your best rates sourced and your finance individually tailored, connect with our brokers. Request a quote now to see how competitive we are with vehicle loans.
- Best rates sourced from 80+ lender base.
- Individually secured, tailored truck loans.
- Specialist truck loan brokers.
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Save time and effort finding the best heavy vehicle finance rates with our expert services. We have access to more than 80 lenders, a full selection of finance products, specialist brokers to find the lender that suits your profile, and the expertise to tailor a solution that delivers for your business.
Use our finance calculator to work up repayment estimates and connect with us directly for a custom quote to suit your business and your vehicle purchase.
Secure the Truck Loan that Suits Your Business, Your Vehicle, Your Objectives
We provide an individual approach to sourcing finance solutions with a broker assigned to each customer. This personal level of service ensures specific customer objectives are clearly understood and the finance tailored to meet those objectives. Loans are sourced individually with the most suitable lender selected to ensure the most agreeable terms and lowest rates. Our experts negotiate and structure terms and balloons to meet ROI targets and deliver repayment schedules that suit cash flow. Upload your details to have your finance personally handled by an expert in heavy vehicle loans.
We specialise in commercial finance and offer businesses a full selection of credit products for both asset acquisitions and non-asset expenses. New and used vehicles can be financed with Rent-to-Own, Chattel Mortgage, Leasing or Commercial Hire Purchase. Other expenses such as major repairs to vehicles and upgrades to meet new safety and compliance rules may be financed with unsecured and secured loans. Refinancing is also expertly handled by our brokers.
All business operators can use our financing broker services, Australia-wide. We provide expert services to source cost-effective finance for SMEs, owner-drivers, sole traders, partnerships, large companies, trusts and family companies. Our experience and expertise extends across the landscape of Australian industry – construction, resources, mining, forestry, agricultural, transport, logistics, general and specialised freight, and retail. As an Australian owned and operated business, we are across the needs of Australian business owners and the opportunities available through effective finance to meet those needs. Speak with one of our experts about your financing requirements.
New businesses and operators facing challenges with their credit history can utilise our expertise and lenders to access specialist lending products. We also offer Low Doc and No Doc funding opportunities for businesses without complete financials, with minimal trading history and with low turnover. Our brokers work with our lenders to source workable options for operators facing all types of challenges meeting lender approval criteria. To discuss your particular finance challenge, speak with one of our brokers.
All types of heavy vehicles can be financed with the operator’s choice of asset acquisition financing – new, used, reconditioned with all fuel systems. We finance vehicles from all leading makers in all variants and configurations, light, medium and heavy-duty – semi trailers, prime movers, refrigerated trucks, ready to work models, B-doubles, vehicle transporters, livestock carriers, truck trailers and other variations. Loans can be sourced for both the vehicle and the trailer in one finance package when purchased together or separate loans when acquired from different sellers. Request a quote for your upcoming purchase or apply for pre-purchase finance approval.
Personal Service, Individual Attention
We provide an individual approach to sourcing finance solutions with a broker assigned to each customer. This personal level of service ensures specific customer objectives are clearly understood and the finance tailored to meet those objectives. Loans are sourced individually with the most suitable lender selected to ensure the most agreeable terms and lowest rates. Our experts negotiate and structure terms and balloons to meet ROI targets and deliver repayment schedules that suit cash flow. Upload your details to have your finance personally handled by an expert in heavy vehicle loans.
Full Selection of Business Credit Products
We specialise in commercial finance and offer businesses a full selection of credit products for both asset acquisitions and non-asset expenses. New and used vehicles can be financed with Rent-to-Own, Chattel Mortgage, Leasing or Commercial Hire Purchase. Other expenses such as major repairs to vehicles and upgrades to meet new safety and compliance rules may be financed with unsecured and secured loans. Refinancing is also expertly handled by our brokers.
Finance Services for All Business Set-ups
All business operators can use our financing broker services, Australia-wide. We provide expert services to source cost-effective finance for SMEs, owner-drivers, sole traders, partnerships, large companies, trusts and family companies. Our experience and expertise extends across the landscape of Australian industry – construction, resources, mining, forestry, agricultural, transport, logistics, general and specialised freight, and retail. As an Australian owned and operated business, we are across the needs of Australian business owners and the opportunities available through effective finance to meet those needs. Speak with one of our experts about your financing requirements.
Specialist Loans – Low Docs, Credit Issues
New businesses and operators facing challenges with their credit history can utilise our expertise and lenders to access specialist lending products. We also offer Low Doc and No Doc funding opportunities for businesses without complete financials, with minimal trading history and with low turnover. Our brokers work with our lenders to source workable options for operators facing all types of challenges meeting lender approval criteria. To discuss your particular finance challenge, speak with one of our brokers.
All Vehicle & Trailer Loans – New, Used, Diesel, EVs
All types of heavy vehicles can be financed with the operator’s choice of asset acquisition financing – new, used, reconditioned with all fuel systems. We finance vehicles from all leading makers in all variants and configurations, light, medium and heavy-duty – semi trailers, prime movers, refrigerated trucks, ready to work models, B-doubles, vehicle transporters, livestock carriers, truck trailers and other variations. Loans can be sourced for both the vehicle and the trailer in one finance package when purchased together or separate loans when acquired from different sellers. Request a quote for your upcoming purchase or apply for pre-purchase finance approval.
Maximise Benefits & Outcomes Using Our Truck Loan Service
- All truck finance credit options available.
- Australia-wide vehicle loans, all industries.
- Tailored vehicle financing solutions.
- Low Doc, No Doc solutions.
- Custom solutions for all vehicle and trailer configurations.
How to Select the Right Truck Loan for Your Business
When financing a new vehicle, business owners have the choice of a number of asset acquisition credit facilities – Chattel Mortgage, Lease, Rent-to-Own and Commercial Hire Purchase. These credit products differ in a number of features and selecting the credit facility that is best suited to a particular business requires consideration of these variations.
Chattel Mortgage suits businesses that implement the cash accounting method and Rent-to-Own and Lease are compatible with the accruals method of accounting. Commercial Hire Purchase can be compatible with both methods of accounting.
The way in which the asset is treated in the business books – on the balance sheet, differs. This then flows into how tax deductions are realised. With Chattel Mortgage, ownership of the vehicle being financed is immediately transferred to the business. The asset is listed into the balance sheet and a tax benefit realised through asset depreciation. Only the interest part of monthly repayments is a tax deduction.
With Lease and Rent-to-Own loans, the vehicle remains under the ownership of the lender, not the business. The business does not need to enter the vehicle as an asset in their balance sheet. A feature which can be attractive to some business owners. The monthly payments are deductible.
The end-of-term payments also differ. Chattel Mortgage and CHP include a balloon, Lease has a residual value to be finalised, and businesses taking on a Rent-to-Own loan arrange a buyback with the lender to take ownership at the end of the term.
Interest rates also differ across the selection. Business owners are encouraged to discuss their choice of credit facility with their accountant. Request a quote for your choice of financing by uploading your details.
- Chattel Mortgage and CHP Finance for Trucks.
- Truck Leasing available.
- Rent-to-Own Truck Loans.
Simple Truck Loan Applications, Fast 24 hour Approvals
Our vehicle finance application process is streamlined and simplified for ease and convenience.
Business owners can apply for finance by using our online platform or by phoning and providing the necessary details to one of our brokers. We’ll handle processing your application for fast 24 approval.
Buyers planning to bid at auction and businesses wanting clarity on their finance prior to purchasing, can apply for pre-approved loans. Apply for your finance now!
Most Frequently Asked Questions About Truck Finance
What is the best truck loan for a light duty vehicle?
Light duty models can be financed with Chattel Mortgage, Lease, Rent-to-Own or CHP. The best credit product is the one with features in line with the accounting method used by the business and the business’ approach to their balance sheet and other accounting practices.
What is the best way to finance a truck and trailer combo?
The way a truck and trailer are financed can depend on the way the units are purchased. If purchased as a single unit, both should be able to be included in the one finance arrangement. If acquired at different times or from different dealers or sellers, separate loans would be required.
How can I work out my truck loan before applying?
Operators can use an online vehicle finance calculator to obtain estimates of their finance. These devices provide estimates only to be used for planning and as a guide only.
What truck loan offers the best tax deductions?
All asset acquisition credit facilities provide tax deductions. Chattel Mortgage and CHP provide deductions via asset depreciation and with deductible interest. Rent-to-Own and Lease provide deductible monthly payments.
What truck loans would suit a new business just setting up?
New businesses can select from the same credit facilities as established businesses and follow the same assessment process to select the most suitable option. Where a new business does not have full financials to meet lender criteria, they may need to seek low doc options through brokers.
Are used truck loans the same as new truck loans?
Used and new vehicles can be financed with the same credit products. The rate, terms and other aspects of used vehicle finance can differ from new as the lender assesses the vehicle for age, condition and suitability as collateral.
What do you need to apply for a truck loan?
To apply for vehicle finance, applicants will need to provide a range of documents relating to their business. These include:- ABN; annual accounts; tax returns; BAS returns; bank statements; profit and loss statements; asset and liability schedules; and similar.
When will I own my vehicle with a lease?
Leasing includes a residual at a value as determined by the ATO. At the end of the finance term, the business can finalise the residual with the lender to take ownership of the vehicle.
What terms are available on truck loans?
Terms on vehicle financing are subject to individual lender guidelines and credit product features. Terms of up to 84 months are typical with many lenders.
Why is my truck loan quote different to the repayment I worked out with a finance calculator?
Calculators provide estimated repayments based purely on the data entered by the user. They do not include all the lender fees and they do not account for credit history variations. Quotes can differ from calculator estimates.
Let Easy Truck Finance simplify the process by taking care of the complicated steps for you
