What types of trucks can I finance in Melbourne?

We finance prime movers, rigid trucks, tippers, refrigerated units, B-doubles, trailers and specialty trucks across all major makes including Kenworth, Volvo, Mack, Iveco, Hino, MAN, Isuzu and Scania. New, used, demonstrator, dealer or private sale.

How long does Melbourne truck finance take to settle?

Pre-approval is typically inside 24 hours once you submit the form. Settlement timing then depends on the lender and asset details, with many Melbourne deals settling within a week of pre-approval.

Do I need to own property to qualify?

No. Many of our lenders score the deal on freight income and asset value rather than requiring property security. Non-property owners regularly settle truck finance through Equifund.

Not always. $0 deposit is available for prime applications, especially for established operators with active freight contracts. Other deals may require a deposit depending on the asset, the lender and the loan term.

Can I finance a used truck, private sale, or auction purchase?

Yes. We finance dealer purchases, private sales, auctions and end-of-lease buyouts. The truck just needs to meet the lender's age and condition requirements.

Can I refinance an existing truck loan?

Yes. Many Melbourne operators refinance to access a better rate, restructure repayments around their income cycle, release equity from the asset, or consolidate multiple truck loans into one facility.

Which lenders does Equifund work with?

We have a panel of 80+ Australian lenders spanning major banks, specialist asset financiers and non-bank lenders that specifically understand freight income and transport assets. Your specialist matches your file to the right lender for the deal.

Can I finance multiple trucks in one application?

Yes. We regularly settle multi-truck deals for Melbourne fleets, often splitting the package across more than one lender to fit each asset's spec and your overall structure.

Do you finance trailers and equipment as well as trucks?

Yes. Prime movers, trailers, refrigerated units and combinations are all on the panel. Trailer security can be structured independently of truck finance if that better suits the deal.

What's the difference between a chattel mortgage and a finance lease?

A chattel mortgage gives you immediate ownership of the truck while the lender holds it as security. You claim GST upfront and depreciate the truck for tax. It is the most common structure for established Melbourne owner-operators. A finance lease keeps the truck on the lender's books with set monthly payments and an optional residual paid at the end of the term. Useful for fleet operators managing repayments against vehicle turnover. Your Australia-based truck finance specialist will recommend the structure that suits your business and tax position.

What is freight income recognition?

Freight income recognition is how a specialist lender reads income from freight invoices, contractor payments and transport activity rather than treating only PAYG salary as income. Bank credit templates often miss this. Specialist lenders price freight income accurately, which is why established Melbourne owner-operators frequently get approved on deals that mainstream banks decline.

What is low-doc truck finance?

Low-doc truck finance is approval on a reduced documentation set, usually a Director declaration plus business activity statements or recent bank statements, rather than full financials. It is faster to process and common for established small-fleet operators in Melbourne who would rather not produce two years of full tax returns for a single asset purchase.

What is pre-approval in truck finance?

Pre-approval is a conditional finance approval issued before you commit to a truck. It sets the maximum loan amount, indicative rate, term and repayment structure so you can negotiate with dealers, private sellers or auction houses on solid ground. Equifund pre-approvals are typically issued within 24 hours of form submission.

What is an Australian Credit Licence (ACL)?

An Australian Credit Licence (ACL) is a licence issued by ASIC permitting a business to engage in credit activities under the National Consumer Credit Protection Act. Equifund holds Australian Credit Licence 389328. Working with an ACL holder is a baseline regulatory protection for the borrower and a baseline trust signal for any Australian finance provider.

Bus Finance Orange | $0 Deposit, 80+ Lenders

Loan Calculator

Estimate your repayments before speaking with an Equifund specialist.

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Annual interest rate 8.00% p.a.

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Term 60 months

12 months 84 months

Balloon / residual 0% of loan

0% 60%

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This calculator provides an estimate only and does not constitute an offer of finance. Actual repayments will depend on your profile, lender and product.

Specialist bus finance for established Orange operators working the Hume + Pacific + Newell + Stuart + Western corridors, plus civil + earthmoving + mining-services + contract income across national broadacre + interstate linehaul + port drayage + mining services. Dedicated asset-finance advice across a panel of 80+ specialist lenders. $0 deposit options, BAS and head-contractor PO assessed directly. Bus costs bundled into one chattel mortgage, finance lease or operating lease.

Check Eligibility Now Get Pre-Approved

30-second check. No impact on your credit score.

Choose your industry

Choose the category that best describes your finance requirement.

Transport & Logistics

Farming & Agriculture

Construction & Earthmoving

Other

No obligation. Soft credit check only.

$50M+ financed in FY2025

Decisions in 24 to 48 hours vs major bank average of 5 to 10 business days

Dedicated Australia-based truck finance team

Australian Credit Licence 389328

WHO THIS IS FOR

Bus Finance Built for Orange Operators

Whether you run a Orange-based bus fleet across Wodonga / Hume, Moranbah / Bowen Basin and Webb Dock / Port of Melbourne or a single-operator outfit on a head-contractor PO, Equifund matches your application to the lenders that read bus contract income, head-contractor agreements and asset residual value the right way. Common applications include school bus operator, charter coach operator, tourist coach operator.

Your application goes to specialist transport lenders who assess freight income, asset value and trading history directly, in one structured submission with no multi-lender credit hits.

Upgrading ageing trucks or trailers Replace before maintenance costs outpace what a newer asset would be worth. Trade-in and replacement structured in one application.
Securing a new freight contract Quote the work confident your pre-approval is locked in and the asset will be on site for day one.
Buying used, dealer or private sale Auction, dealer and private deals other lenders walk away from. We settle direct to the seller and handle the paperwork end to end.
Refinancing existing equipment loans Lower monthly repayments, restructure balloons before they're due, or consolidate multiple loans into one repayment.

SPECIALIST vs BANK vs DEALER

Equifund vs Bank vs Dealer Finance

How truck finance compares across the three places ABN holders can fund a truck.

	Equifund, commercial finance specialist	Major bank	Dealer finance
Who they lend to	Established ABN holders, sole traders to fleets, assessed on the business and the asset.	Prefers strong financials or PAYG strength, often backed by property.	Whoever is buying that brand at the desk, on a take-it-or-leave-it offer.
Income assessed	Freight, contract and BAS income. Low-doc for established ABNs, no full tax returns.	Full financials and tax returns usually required.	Limited, tied to the sale, not your wider business.
Lender choice	80+ Australian lenders matched to your deal.	One bank, one credit template.	One or two aligned financiers only.
Rate & structure	Market-tested rate, with balloon and 3 to 7 year terms and extra repayments.	Standard products with limited flexibility.	Rate loaded with dealer margin, and high balloons that flatter the monthly but cost more.
Used, private & auction	New, used, ex-fleet, private-sale and auction all financed.	Restrictive on used, private and auction buys.	Usually the dealer's own stock only.
Deposit & security	$0 deposit for prime applications, secured on the truck, not your home.	Deposit and often property security required.	Varies, frequently bundled with add-ons.
Pre-approval speed	Typically inside 24 to 48 hours.	5 to 10 business days on average.	Fast at the desk, but the offer is fixed.

HOW THE PROCESS WORKS

How Bus Finance Works in Orange

A simple, secure online application, with honest advice from a Orange specialist you can trust.
No pressure. No hit to your credit score.

Complete the Form in 60 Seconds

Tell us about your transport business and the truck or trailer you are financing through our secure online form.

Speak With a Truck Finance Specialist

An Australia-based truck finance specialist reviews your situation and walks you through the documents needed for the lender match.

Get Pre-Approved Over the Phone

You'll have a clear pre-approval often within 1 business day, with rate, term and repayment structure tailored to how your freight income actually flows.

Settle the Loan
and Take Delivery

Your specialist sources the strongest matched offer and coordinates settlement with the dealer, private seller or auction house.

RECENT SETTLEMENTS

Real Results for Orange Bus Operators

Bus deals settled across 80+ Australian specialist lenders. ACL 389328.

"Orange operator needed a finance structure that read bus contract income directly, not PAYG. Bank wanted property security or three years of trading. Specialist lender approved on BAS plus head-contractor PO. Bus on the ground inside the contract window."

School bus operator

Wodonga / Hume

Charter coach operator

Moranbah / Bowen Basin

Tourist coach operator

Webb Dock / Port of Melbourne

Route bus contractor

Newman / Pilbara

School-run minibus

Stuart Hwy / SA-NT

NDIS transport operator

Truganina / Western Melbourne