Truck Finance Brokers
Truck Finance Melbourne
Whether you are buying your first truck, replacing an older unit, or adding another vehicle to a growing fleet, the right structure matters.
Low doc options available
No deposit options
New and used truck finance
100% free · No credit score impact · No obligation
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Lenders’ Choice Broker of the Year finalist
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Truck finance for Melbourne operators
Melbourne is one of the strongest truck finance markets in Australia because so many businesses rely on commercial vehicles to keep work moving. That includes:
owner-drivers
freight and logistics operators
transport businesses
construction and civil businesses
trade businesses using tippers, tray trucks and rigid trucks
refrigerated transport operators
businesses replacing or expanding working vehicles across Victoria
If the truck will be used to generate income, there is often a workable path forward.
100% free · No credit score impact
What lenders usually look at
Truck finance is not just about the asset. Lenders usually look at:
how the business has been trading
what the recent bank statement conduct looks like
whether the repayments look realistic
the age, condition and type of truck
whether the truck suits the work being done
whether the overall deal makes commercial sense
A truck finance application can look fine on the surface but still be sent to the wrong lender. That wastes time and can create unnecessary enquiries. A better approach is to understand the strengths and weaknesses first, then match the deal properly.
Types of trucks commonly financed
We help with scenarios involving:
prime movers
tipper trucks
rigid trucks
tray trucks
pantechs
refrigerated trucks
New truck finance vs used truck finance
Both can work, but they are assessed differently.
New truck finance
New trucks are generally easier from a lending point of view because:
the asset is easier to value
lender appetite is often broader
terms can be more flexible
Used truck finance
Used trucks are very common, but the lender will usually pay closer attention to:
age
kilometres
condition
resale strength
whether the truck still makes sense for the work being done
Older trucks can still be financeable, but the deal usually needs to be structured properly.
Why work with a specialist truck finance broker?
A lot of business owners assume they need full financials upfront.
That is not always the case.
Some truck finance applications can be assessed using recent business bank statements rather than full financials. That can be helpful for business owners who are actively trading and need a practical answer quickly.
What matters most is not whether the paperwork is labelled “low doc”.
What matters is whether the cash flow and overall scenario still make sense.
How it works
1. Start with a quick enquiry
You share a few basic details about your business, what you need, and when.
What this does:
It gives us enough context to work out the likely next step.
2. Short call with Michael
We’ll talk through your business, the purpose of the funds, and any important context.
What this does:
It helps us quickly understand the situation properly.
3. Review the core details
In most cases, we start with business bank statements or just the basics needed to understand the file.
What this does:
It gives a grounded view of what may be possible.
4. Clear direction
If it looks like a fit, we’ll explain the best path forward and what is likely to be needed next.
What this gives you:
a clear direction
a simple document list
a better understanding of what may work
less wasted time
Types of truck finance we can help with
Depending on your situation, we can help with:
Chattel Mortgage (most common)
Finance Lease (own it at the end of term)
Rent-to-own / operating lease (selected scenarios)
We’ll help you understand the differences and choose what aligns with your accountant’s advice and cash-flow needs.
Dealer, private sale or auction
Every situation is different.
We assist with:
Used trucks:
Dealer or private sale, subject to lender acceptance.
Auction trucks:
We can organise pre-approval so you can bid with confidence.
Interstate purchases:
Transport, compliance and settlement processes vary — we’ll guide you.
Whether your truck is local or interstate, we’ll help structure the deal correctly.
Who this is for
You may be a great fit if:
Your business relies on a truck for income
You’re upgrading, replacing or adding capacity
Your turnover supports the repayments
You can provide business bank statements
You trade as a company, sole trader, or trust
We also regularly help:
Owner-drivers stepping into their first truck
Operators securing additional contracts
Small fleets preparing for growth
Not sure if you qualify?
We’ll give you an honest view with no obligation.
How much can you borrow?
Loan amounts depend on:
Truck price
Business turnover
Bank statement conduct
Age and condition of the asset
Deposit amount
Some lenders can finance 100% of the purchase, while others may require a deposit, especially for older trucks or higher-risk scenarios.
We’ll talk through the numbers so you can make an informed decision
Costs, repayments and terms
Truck finance generally includes:
Fixed terms — 3 to 7 years
Fixed or variable repayments
Optional balloon/residual
GST, on-road costs or accessories (varies)
We’ll outline the true cost over the life of the loan so you know exactly what you’re committing to.
Real truck finance scenarios
Owner-driver purchasing a new truck
Client needed a reliable tipper truck to secure long-term work with a local construction company. We got them approved even though the business received majority of income as cash.
A transport company gets a prime mover
A fast-growing transport company needed another prime mover to add to their fleet as demand for work increased. They spoke with four brokers, and we got them the best deal.
Specialised vacuum truck via private sale
Client had been turned down by the banks due to asset age of an attachment on a truck. The truck was 2015 with an old vacuum pump manufactured 2005. We placed it in 24 hours.
These are the types of deals we assist with every week.
Fast, simple, and no impact on your credit score.
Why choose Casey Asset Finance?
Specialist focus on truck and equipment finance
Clear, honest guidance at every step
Strong relationships with multiple lenders
Fast communication and support
A simple, stress-free process
Melbourne-based, supporting business owners nationwide
Our goal is to help you secure the right truck — on the right terms — without the headache.
Frequently Asked Questions
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We’re based in Melbourne but assist eligible business owners Australia-wide.
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In many cases, yes. We work with lenders comfortable with bank statements instead of full financials.
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Yes — both dealer and private sale trucks can be financed, depending on age and condition.
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Often yes. Pre-approval is recommended prior to bidding.
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Truck finance is generally secured by the truck itself. Additional security may be requested case-by-case.
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Some lenders allow certain extras to be included. We’ll confirm based on your scenario.
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Yes — several specialist lenders consider applications from businesses with poor credit, past defaults or ATO debt. Approval comes down to your recent bank statements, cash flow and the strength of the asset — not just your credit score.
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Many lenders approve low-deposit or no-deposit truck finance if your bank statements are strong. In some cases, a 10–20% deposit may help reduce the risk and improve approval odds, especially for older trucks or newer businesses.
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Most truck finance applications are assessed within 24–48 hours.
Low-doc lenders can sometimes approve you on the same day, depending on your turnover and bank conduct. Larger or more complex deals may take slightly longer. -
Yes — this is called low-doc truck finance.
Instead of tax returns, lenders review your recent bank statements and business activity to confirm affordability. This is common for transport operators who need to upgrade or replace trucks quickly. -
Absolutely. Owner-drivers make up a large portion of truck finance approvals in Australia. Lenders assess your contract income, bank statements and the type of truck you’re purchasing — not your business size.
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In most cases, yes.
Truck finance is generally treated as a business equipment finance product, meaning interest and depreciation may be claimable. Your accountant can confirm the exact benefits for your situation. -
Yes — used truck finance is very common. Most lenders are comfortable funding trucks with higher kilometres as long as the age, condition and resale value make sense. Older assets may require a small deposit.
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Yes — For low-doc and mid-doc truck finance, bank statements are one of the most important factors lenders assess. They look at:
Average monthly revenue
Cash flow consistency
Reversals / dishonours
Existing commitments
Your credit score still matters, but your bank conduct carries more weight.
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Yes — even newly registered ABNs can qualify.
Some lenders require 3–6 months of trading, while others can consider new businesses if the applicant has industry experience or a strong contract starting soon.
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Yes — lenders regularly fund fleets and multi-truck purchases, even for small operators. Approval depends on your turnover, cash flow and existing commitments. Many businesses start with one truck and scale up as revenue grows.
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Yes. Several specialist lenders consider applications from businesses with poor credit, past defaults or ATO debt. Approval is based more on your recent bank statements, cash flow and the strength of the asset — not just your credit score.
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Some lenders offer low-deposit or no-deposit truck finance. In other cases, a 10–20% deposit may be required, especially for older trucks, higher kilometres or newer businesses. A deposit can also help improve approval odds.
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Most low-doc applications are assessed within 24–48 hours.
Some lenders can approve same-day depending on turnover, bank conduct and the type of truck you’re purchasing. -
Yes. Owner-drivers regularly qualify for truck finance. Lenders will review your contract income, bank statements and experience in the transport industry rather than the size of your business.
Ready to explore your truck finance options?
🏆 Lenders’ Choice Broker of the Year 2025 Finalist (Optimise Awards).
✔︎ Backed by 10+ years of experience in financial services.
Trusted by transport and construction businesses across Melbourne & Australia.
Fast, simple, and no impact on your credit score.