Why use a truck finance broker instead of going to your bank?
Your bank can only offer its own products, at its own rates, using its own credit appetite. If your business is young, your deposit is thin, or the truck is older than the bank likes, you get a "no" — or a rate loaded with risk margin. A truck finance broker works the other side of the table: they know which of the dozens of bank and non-bank lenders actively wants your profile this month, and they negotiate accordingly.
The difference is rarely small. On a $150,000 prime mover over five years, a 1.5% rate difference is roughly $6,500 in interest. Brokers also structure the deal — chattel mortgage vs lease, balloon size, seasonal repayments — which often matters more than the headline rate. The same logic applies beyond trucks: a good equipment finance broker places excavators, farm machinery and warehouse gear across the same lender panel, matching each asset class to the lender that prices it best.
What we help finance
- Trucks & prime movers — new and used, rigid, tippers, crane trucks, refrigerated
- Trailers — flat tops, curtainsiders, tippers, dollies, refrigerated vans
- Excavators & earthmoving gear — 1.7t minis through 30t+, attachments included
- Farm machinery — tractors, headers, seeders, with harvest-aligned repayments
- Forklifts & warehouse equipment
- Medical & dental equipment
How it works
- Tell us about the deal (60 seconds). Asset, rough price, time with ABN, credit history. No credit check at this stage.
- A licensed broker compares the market. We refer your enquiry to a finance broker who holds (or operates under) an Australian Credit Licence. They shortlist lenders that fit your profile and come back with real numbers.
- You approve, they arrange settlement. Many straightforward deals are approved in 24–48 hours, and the dealer or private seller is paid directly.
Can you get finance if your situation isn't perfect?
Usually, yes — it's a matter of matching the right lender and structuring the deal. See our guides for low doc finance (no financials required), bad credit truck finance, new ABN holders and no-deposit structures.
Frequently asked questions
How much does a truck finance broker cost?
Nothing out of pocket in most cases. Brokers are paid a commission by the lender on settlement, and any fee must be disclosed to you before you sign. Our referral service is free — the broker pays us, not you.
What rate can I expect on truck finance?
Indicatively, strong profiles (2+ years ABN, clean credit, property owner) see the sharpest rates, while low doc or credit-impaired deals price higher. See our rates guide for indicative ranges — your actual rate depends on your profile and the asset.
How fast can finance be approved?
Simple deals with clean credit and standard assets are often approved within 24–48 hours of documents being submitted. Complex or low doc deals can take a few days longer.
Do you finance used trucks bought privately?
Yes — most lenders finance private sales, though they typically require an inspection, proof of ownership and clear PPSR. Brokers handle this paperwork routinely.
Is TruckFinanceHub a lender?
No. We're a referral service: we connect you with licensed finance brokers who compare lenders on your behalf. We don't provide credit or credit assistance ourselves.
Get a free truck & equipment finance quote
Takes 60 seconds. No credit check to enquire. A licensed broker compares lenders and calls you back — usually same business day.