Transport Equipment Finance from 4.99% p.a.

Specialist Transport Equipment Finance

The transport and logistics industry is the backbone of the Australian economy, moving goods across vast distances and connecting businesses with their customers. Whether you operate a single truck as an owner-driver, run a small fleet of delivery vans, or manage a large transport operation with prime movers and B-doubles, having well-maintained, reliable equipment is critical to your success.

Transport equipment represents some of the highest-value business assets outside of property. A new Kenworth or Western Star prime mover can cost $250,000 to $400,000 or more. A refrigerated semi-trailer adds $80,000 to $150,000. Even a rigid truck for local deliveries can cost $80,000 to $200,000. Equipment finance allows transport operators to acquire and replace vehicles while preserving working capital for fuel, maintenance, wages, and other operating costs.

Our transport-specialist lenders understand the industry's unique dynamics: the importance of vehicle uptime, the relationship between vehicle age and maintenance costs, the impact of fuel prices on margins, and the contract structures that underpin transport operations. This understanding translates to faster approvals, competitive rates, and finance structures that work with transport cash flows.

Owner-Driver Finance Solutions

Owner-drivers represent a significant portion of Australia's transport workforce. Whether you are an experienced operator buying your next truck or a company driver making the transition to owning your own rig, we have specialist finance solutions designed for your situation.

Key factors that lenders consider for owner-driver finance include your driving and industry experience, the quality and value of the vehicle you are purchasing, any existing contracts or work arrangements, your personal credit history and financial position, and whether you are purchasing through a dealer or private sale.

For owner-drivers transitioning from employment, having a contract or letter of intent from a freight company strengthens your application significantly. Some lenders specialise specifically in owner-driver finance and understand the transition process.

Fleet Finance for Transport Operators

Larger transport operators often need to finance multiple vehicles simultaneously or replace vehicles on an ongoing cycle. Fleet finance arrangements can provide significant advantages over individual vehicle financing.

Fleet deals can attract volume-based rate discounts, and the administrative burden is reduced when multiple vehicles are managed under a single facility. We can structure fleet finance with staggered acquisition dates, matching your vehicle replacement cycle, so you are not replacing your entire fleet at once.

For businesses with regular vehicle turnover, a rolling fleet finance program ensures consistent cash flow planning and allows you to maintain a modern, fuel-efficient fleet without large capital outlays.

Financing Truck Bodies and Modifications

Transport vehicles often require significant modification after the base vehicle is purchased. Tray bodies, refrigeration units, crane attachments, bulk tipping bodies, curtainsiders, and specialised configurations add substantial cost to the total vehicle investment.

We include body builds and modifications in the primary finance facility wherever possible. This ensures the total vehicle cost is financed at the same competitive rate, and the GST treatment is consistent across the entire investment. Some lenders also provide staged drawdown facilities where funds are released in stages as the base vehicle is delivered and then modified.