Prime Mover Finance Sydney

We finance every prime mover class: highway conventional prime movers (Kenworth T610 / T659 / T909, Mack Anthem / Trident, Volvo FH, Scania R / S, Mercedes-Benz Actros, Western Star 4700 / 4800), cabover prime movers (Kenworth K200 / K220, Mack Metro-Liner, Scania cab-over R / S), heavy haulage and road train prime movers (Kenworth C509 / C540, Mack Super-Liner / Titan, Western Star 6900, Volvo FH16), vocational and construction prime movers (Mack Granite, Mercedes Arocs, Volvo FMX), plus B-double, B-triple and PBS-rated configurations. New, used, ex-fleet, demonstrator, dealer or private sale.

Pre-approval typically comes back inside a business day when your application is complete. Settlement happens once you have signed contracts and any final lender conditions are met. Specialist asset lenders move faster than major banks on prime mover deals because they assess the prime mover, trailer set and freight income directly rather than waiting on property valuations.

No. Equifund's specialist lender panel includes options that assess on the prime mover asset, your freight income and trading history rather than requiring property as security. This matters most for owner-drivers, family linehaul operations and bulk-haulage subbies who don't want to lock the property folio.

$0 deposit is available for prime applications, especially established operators with active freight contracts or subcontract head-contractor agreements. New ABNs typically need some contribution, but $0 deposit on the right deal is common for ongoing linehaul operators with verifiable freight income.

Yes. Used prime movers (including ex-fleet, ex-mining and end-of-life-cycle units), private sale and dealer-auction purchases are all financeable through the specialist asset lenders we work with. Major banks typically have age cut-offs that knock out older prime movers; specialist lenders look at the prime mover condition, drivetrain hours and service history rather than calendar age alone. Ex-fleet Kenworth T909 / T659 and Volvo FH with verified service history are common asset cases.

Yes. Refinance is common when an existing deal was settled at high rates, has an unfavourable structure (balloons, restrictive covenants), or is consolidating multiple prime movers into one master facility. We compare your current setup against the specialist panel and present options.

A panel of 80+ Australian lenders spanning major banks, specialist asset financiers and non-bank lenders that specifically understand freight income, head-contractor agreements, PBS-rated configurations and the residual value of heavy-duty prime movers across Kenworth, Mack, Volvo, Scania, Mercedes-Benz and Western Star.

Yes. Fleet deals (two or three prime movers for a single contract, B-double + tag trailer sets, or staged purchases across a 12-month pipeline) are common. The lender panel includes options that split fleet deals across facilities or fund them under one master agreement.

Yes. Combined prime mover plus trailer-set applications (lead-and-tag, B-double + dolly, road-train sets, refrigerated reefer combinations) are common and usually structured under a single facility against the contract value. Specialist lenders understand how the prime mover and trailer set work together as a revenue-earning unit. We also arrange separate trailer finance via /trailer-finance if needed.

Chattel mortgage: you own the prime mover, claim depreciation and GST, and the lender holds security over the asset. Finance lease: the lender owns the prime mover and you make rental payments; GST is claimed on each payment. Most owner-drivers run chattel mortgage for the depreciation benefit; fleet operators sometimes mix lease for cashflow reasons. Both available across the specialist panel.

Freight income recognition is how a specialist lender reads income from freight invoices, head-contractor purchase orders, head-contractor agreements and ongoing route contracts rather than treating only PAYG salary as income. It matters for owner-drivers and fleet operators whose income comes from freight-rate or contracted haulage, not a fortnightly pay slip.

Low-doc prime mover finance is asset finance approved on a reduced document set, typically BAS, bank statements and the freight contract or quote, rather than full financials and tax returns. Best suited to established operators with an active ABN, freight income and trading history who don't have current-year financials prepared.

Pre-approval is a conditional credit decision from a specialist lender before you commit to a specific prime mover. It gives you a confirmed budget, repayment estimate and a contract window to find the right asset. Pre-approval is a credit decision, not a guarantee, final approval is subject to the chosen prime mover meeting the lender's asset criteria.

An Australian Credit Licence (ACL) is the ASIC authorisation required to engage in regulated credit activities in Australia. Equifund operates under ACL 389328. This means we are bound by responsible lending obligations and the National Consumer Credit Protection Act when arranging finance.

Yes. Hume corridor Sydney-Melbourne, Pacific corridor Sydney-Brisbane, Newell Highway Dubbo-Goondiwindi and Great Western Highway interstate linehaul freight contract income is one of the most common income bases for prime mover finance through Equifund. Specialist lenders on the panel read freight invoices, head-contractor purchase orders, PBS-rated configuration value and ongoing route agreements directly rather than requiring PAYG income on a director, and structure repayments around the freight contract cycle.

Yes. Port Botany container drayage prime movers (Kenworth T410 / T610, Volvo FH, Mack Anthem, Scania R-Series) plus skel trailer sets and side-loaders out of Patrick Container Terminal, DP World Sydney and Hutchison Sydney are a common asset case for specialist lenders that read wharf contract value, terminal-operator agreements and head-contractor framework directly. Multi-vehicle drayage setups typically run on one master facility against the wharf contract revenue.