Truck Finance

Quick and easy truck finance from the AAA Finance experts who get things done.  Applying for a truck loan is as easy as a phone call away. 

As well as being easy we are also quick, with most truck loans approved within 24 hours.  From city businesses, to farmers and trucking companies, we can finance your truck, regardless of where you are located nationally.

What can you purchase with truck finance?

  • Any type of truck – small, medium, heavy; flat, dump, tanker, refrigerated.
  • Trailers. Basically anything that you can pull behind a truck.
  • New or used.
  • Private sale or from a dealership.
  • Australia wide.


3 Types of truck loans

A chattel mortgage is a type of business loan for ABN holders.  That is, the truck being purchased is classed as the ‘chattel’ and the secured truck loan classed as the ‘mortgage’.  Truck loans attract competitive interest rates and also come with tax benefits.  No doc, low doc truck loan and full doc facilities are all types of chattel mortgages.

1. No Doc Truck Finance

A no doc truck loan does not require documentation to prove income.  However you will need to sign a income declaration.  Nonetheless, there are minimum requirements for this type of loan. The business must be GST registered, operational for more than 2 years and director/s that are asset backed.

2. Low Doc Truck Finance

As the name suggests, minimal documentation is required to prove income.  Usually, interim financials will suffice, including documentation from in house accountancy software such as MYOB or XERO.  These could include one or more of the following:

  • Business Activity Statement
  • 3 months bank statements
  • Profit and loss statement
  • Accountants letter

3. Full Doc Truck Loan

Full up-to-date financials are a requirement for this type of loan.  This includes an up-to-date tax return for the business, profit and loss statement and/or a balance sheet.


What an experience finance broker does for you

Each lender has different requirements which are constantly updated.  AAA Finance is a leader in the industry and has over 40 different lenders.  Our job is to know and understand what each of our lender’s guidelines are at any given time.  When applying for finance our brokers get to know you and your business.  They will determine the best lenders that will suit your individual circumstances.  This results in a finance approval at the best possible terms. 

Get pre-approved truck finance

Before the auction or negotiation begins you can rest easy knowing your funds are approved.  An approval will have an amount of funds available for the purchase of a particular asset class.  Having a pre-approval can add to your negotiating power and keep you in budget!

Get in touch

Phone 07 5493 1222 to discuss your truck loan requirements with one of our friendly finance experts.  Alternatively send your contact details on one of our online forms and we will be in contact shortly. 


Truck finance calculator

Want to know how much that new truck is going to set you back in repayments?  Need to make sure the new purchase will fit into the business plan and budget?  Our online business truck loan calculator will estimate your monthly repayments based on your inputs.  You will need to input the finance amount, term in years, interest rate and also decide if you want to have a balloon payment due at the end of the loan.  Your interest rate will be determined by the type and age of asset being purchased as well as your profile and credit history.

Truck Finance | Heavy Vehicle Loans | AAA Finance


Truck Finance FAQ's

How can I get finance for a truck?

Accessing an experienced finance broker is the easiest and most effective way to get a great finance deal. AAA Finance are experts in truck loans.

How long can you finance a truck?

Truck loan terms extend from 1 to 7 years.

What is the interest rate for truck finance?

Your truck loan interest rate depends on several factors, including previous credit history, loan amount as well as the age and type of truck being purchased. Using an experienced finance broker, such as AAA Finance, will ensure you get the best deal to suit your circumstances.

What is a good monthly truck payment?

Truck loan repayments must fit within your budget and ensure ample cash flow for your business operating costs. The repayment amount is determined by the purchase price, loan term in years as well as the interest rate.


Useful Link: Heavy Vehicle Regulations

This link to Queensland Government Department of Transport and Main Roads has useful information regarding heavy vehicle regulations for Queensland roads.

John Shanahan
John Shanahan
3 May 2023
We worked with Jason to arrange finance for our Austrack van. Jason's service, knowledge and understanding was fantastic. Great outcome and can't wait to get into our van! Thanks Jase.
Robbie Amhaz
Robbie Amhaz
10 March 2023
I Have been with AAA for many years now and they have always been my go too broker for personal loans. Peter & Jason always go the extra mile for me as a client and their rates & fees are competitive. We recently purchased a brand-new car and AAA got us the loan we wanted and at the right interest rate. Excellent service and industry knowledge. Thanks Again Robbie Amhaz
Paul Mansell
Paul Mansell
18 August 2022
These guys go above and beyond. I would recommend them to anyone.
Wayne Jones
Wayne Jones
27 July 2022
Warwick provided a very simple platform to execute our business with him,nothing was a issue and he was very prompt getting back to us or returning calls,highly recommend AAA Finance
11 July 2022
The team at AAA made the finance application process incredibly smooth and stress-free, handling all of the otherwise difficult paperwork with the lender and seller. We have used them multiple times now and have never been disappointed!
Lyndon D
Lyndon D
9 December 2021
We had Jaime as our broker and wow! She did such a great job. 10/10 customer service! Answered every question, gave us all the advice we needed. Can’t fault anything at all. Thank you Jaime !
Bianca Bloomfield
Bianca Bloomfield
9 November 2021
These guys were fantastic ! - Jaime was prompt, professional and kept me in the loop while the finance boxs were ticked in the background. This was all done very quickly and they were super competitive in the market, which was awesome, when there was additional requirements she was straight on the phone-Highly recommend !!
Larna Kerswell
Larna Kerswell
14 October 2021
Warwick at AAA Finance was so easy and great to deal with. He was patient and helpful with us every step of the way. We would recommend them to anyone looking around for finance. Thank you so mauch Warwick and AAA Finance.
Donna Joy
Donna Joy
23 September 2021
I was very happy with the excellent service given by Sam Sharpe. He was helpful, polite and easy to understand. Thanks Sam 😃
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