Skip to content

Financing for Trucking in Australia: Truck Loan Rates

Truck finance (14)

"From Sole Traders to Compnay Owners– We’ve Got You Covered."

Looking to get behind the wheel of your next truck? Whether you're a one-man operation or managing a fleet, financing for trucking in Australia is a flexible, tax-effective way to grow your transport business without straining your cash flow.

At Equifund Financial Group, we specialise in offering truck finance options tailored to different business types — including sole traders and registered companies. With competitive truck loan rates and access to our free truck finance calculator, it’s never been easier to plan your purchase with confidence.

 

Truck Finance Calculator

Loan Calculator

[Enter amount]
0 15
4 60

Total Summary

Select Your Finance Option 0
Loan Amount $ 10,000.00
Annual Interest Rate (%) Interest % 13
Number Of Months Months 60
Total Monthly Payment

Your service request has been completed!

We have sent your request information to your email.

Issued On:
Payment Method:
Total Monthly Payment: Months 4

What is Truck Finance?

Truck finance allows business owners and operators to purchase a truck without paying the full amount upfront. You can borrow the funds you need, repay the loan over time, and often gain access to tax deductions and flexible terms.

Whether you’re buying a prime mover, tipper, refrigerated truck or tray truck, the right finance solution can make a big difference in how your business grows and manages expenses.

Understanding Truck Loan Rates in Australia

Truck loan rates are the interest rates charged on finance when you purchase a truck through a loan. These can vary based on:

  • Your credit history or business profile

  • The age and condition of the truck

  • Whether the truck is new or used

  • Your ABN age and trading history

  • Loan term and deposit

On average, truck loan interest rates in Australia range between 5.99% and 9.99% p.a.. At Equifund, we work with a panel of trusted lenders to ensure you get a rate that suits your profile and business needs.

Fixed vs. Variable Truck Loan Rates

Most businesses choose fixed interest rates for truck loans. These offer consistent repayments, making it easier to budget and plan ahead. Variable rate loans can fluctuate with market conditions, which may result in savings — but also pose a higher risk.

Our finance experts will walk you through the pros and cons, helping you decide on the best option for your situation.

Truck Finance for Sole Traders

If you’re self-employed or working as a sole trader, you might find it more difficult to access traditional loans. That’s where our sole trader truck finance options come in.

With fewer documentation requirements and fast approvals, you can get behind the wheel without the usual paperwork.

Typical requirements include:

  • ABN active for at least 6 months

  • Business bank statements or BAS

  • ID and basic contact details

Benefits for sole traders:

  • Low-doc options available

  • Quick turnaround (often within 24–48 hours)

  • No need for extensive financials

  • Flexible loan terms tailored to cash flow

We’ve helped hundreds of self-employed drivers access the vehicles they need to keep their business moving — and we can help you too.

Truck Finance for Companies

If you operate a company or manage a fleet, your truck finance needs are more complex — and we’re fully equipped to help.

Company truck finance offers more flexible structures, tax-effective options, and may give access to better rates based on business performance.

Features include:

  • Balloon/residual payment options

  • Tax-deductible loan repayments

  • Financing for multiple trucks or fleet expansions

  • Tailored solutions for construction, logistics, and agriculture businesses

We’ll work with you to understand your goals, assess your documents, and match you with lenders who offer the right solution for your company.

Use Our Truck Finance Calculator to Estimate Repayments

Before applying, it’s important to get a rough idea of how much your repayments might be. That’s where our truck finance calculator comes in.

Input:

  • Loan amount

  • Interest rate

  • Loan term (e.g. 36 or 60 months)

  • Balloon payment (optional)

You’ll receive a quick estimate of your monthly repayments, helping you make informed decisions and budget accordingly.

👉 Try our truck finance calculator — it’s free, fast, and no personal info required.

Why Choose Equifund Financial Group for Truck Finance?

We’re more than just a broker — we’re your finance partner. Here’s why businesses across Australia choose Equifund:

  • Nationwide service – from major cities to remote regions

  • Competitive truck loan rates

  • Sole trader and company finance options

  • Fast approvals with minimal paperwork

  • No upfront fees or hidden charges

Our goal is to get you approved quickly and on the road with a loan structure that suits your business.

How to Apply

Applying for truck finance with Equifund Financial Group is simple:

  1. Submit your enquiry online

  2. Provide your documents (ID, ABN, bank statements)

  3. Receive pre-approval

  4. Choose your truck and let us handle the paperwork

We’ll manage the process from start to finish, so you can focus on running your business.

Final Thoughts

Financing for trucking is a smart move for any business looking to grow without putting a dent in their cash flow. Whether you’re a sole trader or an established company, the right truck loan can open up new opportunities and keep your business running smoothly.

Use our truck finance calculator, compare truck loan rates, and talk to our friendly team to find a tailored solution that suits your needs.

📞 1300 464 805
📧 info@equifund.com.au
, ,

Read On