Get truck finance quickly & easily with Lend
We’ll help you compare truck loans and leases and find you the best deal. It’s free to compare, with no credit score impact and in most cases, no financials required up to $500,000. .
How to get your business moving with truck finance
Speak with an expert from our team
Our team knows exactly what questions to ask to understand your business and what it needs. We’ll get as much information as possible up front to save you hours later.
We’ll present your options
Lend’s industry-leading technology platforms lets us compare 70 lenders based on your exact specifications. We’ll show you only the best of the best truck finance rates and terms.
We’ll negotiate rates with the lender
We won’t settle for your chosen lender’s standard rates. We’ll leverage our contacts and scale to get you the cheapest rate and best terms possible.
We’ll help you apply
We’ll let you know what supporting documents the lender needs, then submit the applications and any other paperwork to the lender on your behalf.
Support through settlement and beyond
From there, we’ll make sure your application is processed as quickly as possible, from pre-approval through to the funds landing in your or dealer’s account.
Your Truck finance options
No two businesses have exactly the same finance needs. That’s why the Lend team will help you understand which truck finance option will work best for you and the specific asset you’re acquiring
This is a fixed-term loan with a lump sum provided to you up front to cover the full purchase price of the truck, or you can contribute a deposit to lower your finance costs. You’ll own the truck from day one and repay the finance with interest over a term of 1 -10 years. You’ll have the option to include a lump-sum balloon payment in the loan agreement, which means you’ll defer part repayment of part of the loan (up to 40%) until the end of the contract.
Truck finance rates explained
Truck finance rates in Australia start from around 6.50% p.a. with the lowest rates available to businesses with a strong trading history, credit record and healthy revenue and cash flow.
It’s also worth bearing in mind that the type of heavy vehicle you purchase and its age will impact the interest rate on the finance. Heavily specialised vehicles and older trucks tend to attract higher rates as there’s more risk for the lender.
We generally recommend that clients consider a used truck that’s new or only a few years old. That’s generally the sweet spot between minimising the purchase price while still securing a low interest rate.
Ready to get started?
See your best truck finance options
Our promise: no credit score impact