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Key Takeaways
- Overdrive Funding finances all types of trucks and trailers — new, used, demo and auction purchases.
- We compare 80+ lenders in one free application to find the most competitive truck and trailer finance rate.
- Low doc finance available up to $500,000 — no tax returns or BAS required for eligible ABN holders.
- Finance available for established operators, new ABNs and businesses with adverse credit.
- Our services are free — we're paid a "referral fee" by the lender after settlement, no cost to you.
Trucks and trailers are the backbone of the Australian economy, and Overdrive Funding is the dedicated truck and trailer finance broker for transport operators of every size. Whether you run a single prime mover or a growing fleet, we compare 80+ lenders to find the most competitive truck and trailer finance available.
Trucks and Trailers: What We Finance
- Prime movers — all brands (Kenworth, Volvo, Mack, Scania, Mercedes-Benz, DAF, Western Star, UD, Hino, Isuzu, Fuso)
- Rigid trucks — curtainsiders, flatbeds, tippers, refrigerated vans (Isuzu, Hino, Fuso, Mercedes-Benz Atego)
- B-trains, road trains and livestock combinations
- Semi-trailers — curtainsider, flatbed, drop-deck, skeletal and tanker trailers
- Refrigerated trailers and temperature-controlled transport
- Tipper trailers and dog trailers
- Car carrier trailers and tilt tray trailers
- Light commercial vehicles — utes, vans and light trucks used in transport operations
- Support vehicles — pilot vehicles, lead vehicles and crane trucks
Finance Structures Available
- Chattel mortgage — most common for truck and trailer finance; asset owned from day one with interest deductible
- Finance lease — keep the asset off your balance sheet; lender retains ownership until residual is paid
- Commercial hire purchase — fixed repayments with balloon; ownership transfers at end of term
- Operating lease — great for fleets with short replacement cycles; return the asset at end of term
- Novated lease — available for eligible employees in transport businesses
Truck and Trailer Finance Rates
Truck and trailer finance rates in Australia currently start from around 6.1% per annum for established operators financing new trucks with clean credit. Used trucks and trailers, new ABNs and adverse credit attract higher rates. Fleet finance programs with volume discounts are available for operators financing multiple trucks and trailers simultaneously.
New, Used and Auction Trucks and Trailers
We finance trucks and trailers purchased from dealers, private sellers, fleet disposals and auction. If you are purchasing at auction, getting truck and trailer finance pre-approved before the auction is essential — settlements are typically required within 48 to 72 hours. Contact us before auction day and we will have your finance ready to activate when you win.
How to Apply
Fill in the form above or call Simon to get started. We compare 80+ lenders in one application — no multiple enquiries, no impact on your credit score, and no cost to you. Most truck and trailer finance applications receive a credit decision within 24 to 48 hours.