Truck Finance Sydney

Pre-approval for truck finance in Sydney typically takes 24 hours, often faster on simple applications. Once you accept the offer, settlement on a chattel mortgage runs 2 to 5 business days, and unsecured funding up to $250,000 can settle the same day. We've settled trucks bought from auctions at Slattery, Pickles and Manheim, and private-sale trucks across the Sydney basin, inside a single week.

No. $0 deposit options are available on new and ex-demo trucks from major manufacturers for prime applications. Owner-drivers, sole traders and used trucks are all welcome. A deposit (typically 10 to 30%) may be required if your trading history is under 12 months, your credit file has hits, or the truck is older than 10 years. Trade-in proceeds count as deposit on an upgrade.

Yes. Non-property owners are welcome at Equifund. The truck itself secures the loan in most cases, so you don't need to put your home or any other property up. We work with sub-contractors, renters and operators living interstate who don't own real estate. Strong trading history and a clean ABN matter more than property security on a typical truck finance application.

Yes. We finance used trucks up to 25 years old at end of term, and private-sale trucks are funded every day. Banks usually cap truck age at 10 to 12 years and prefer dealer purchases. Our specialist lender panel goes further. A pre-purchase inspection, payout letter from any existing financier and a clear PPSR search are needed for private-sale, and we walk you through that paperwork.

We finance the full range of trucks running across Sydney: prime movers (single, B-double and road train), light, medium and heavy rigids, tippers, refrigerated rigids and pantechs, curtainsiders, tilt-trays, crane trucks, cab chassis, vehicle carriers and trailers (skel, flat-top, drop-deck, low-loader, tipper and reefer). New, used, ex-demo, dealer or private-sale are all funded. Kenworth, Volvo, Scania, Mercedes-Benz, DAF, Mack, Isuzu, Hino, Fuso, UD and Iveco.

Yes. Low-doc truck finance is one of our specialties. If you've been trading for 2+ years and have an ABN, you can get a quote without providing two years of tax returns. We use your business bank statements, BAS lodgements and the asset itself to build the application. Sole-trader owner-drivers, sub-contractors and family businesses are funded daily across Sydney.

Yes. If your truck is fully paid off or you have substantial equity, we can refinance against it (sometimes called sale-and-leaseback) to release cash for new contracts, fuel and tyre commitments, or fleet expansion. Repayments stretch back over 1 to 5 years. Available on trucks 1 to 10 years old where there's enough remaining value. Documentation is similar to a fresh truck finance application.

No. We only run a soft credit check during the quote and pre-approval stages, which doesn't show on your credit file and doesn't affect your score. A hard credit enquiry only happens when you accept a lender's formal offer and the loan is being settled. This means you can compare options with us risk-free.

On a $180,000 single prime mover over 5 years at 7.49% p.a., monthly repayments are approximately $3,610 with no balloon, or $2,820 with a 30% balloon. On a $120,000 rigid the figures are about $2,405 and $1,880 respectively. Rates start from 6.99% p.a. for prime borrowers. The fastest way to get your real number is to call or submit the form. A Sydney specialist will give you an indicative quote inside the same day.

For most GST-registered Sydney owner-drivers buying their first prime mover, a chattel mortgage with a 5-year term, $0 deposit and a 30% balloon is the best fit. You own the truck from day one, claim the full GST back in your next BAS, and the balloon keeps the weekly repayment workable while you build up sub-contracts on port runs, freight corridors or interstate line haul. Trucks over 1 tonne payload are also exempt from the ATO car limit.

Yes. Impaired-credit truck finance is funded daily across Sydney. We have specialist lenders who price for risk and look at the whole picture. Strong trading history, a profitable freight contract or solid asset choice can offset paid defaults, old judgments or a thin credit file. Rates run 1 to 3% higher than prime, but the truck still gets funded when banks decline.

One application gets matched to your profile (truck type, age, deposit, GST status, trading history, credit file) and sent to the 2 to 4 lenders from our 80+ panel most likely to say yes at the sharpest rate. You see the offers side by side, pick the one that suits you, and we handle the paperwork through to settlement. Pre-approval and quotes are obligation-free; a brokerage fee only applies on settlement and is disclosed in writing before you sign.