Flatbed Truck Loans
Flatbed truck loans at cheap rates and flexible terms tailored to your business. Whether you're buying new or used from a dealer, private seller or auction, we structure your loans properly and negotiate a deal that's hard to beat anywhere else.
Who We Help
Owner-drivers buying their first truck
Fleet operators replacing units
Operators who've won a new contract
Refinancing an existing truck loan
New & used Flatbed Truck loans
New Flatbed Truck loans
Get a better rate on your new flatbed truck. We compare specialist commercial lenders to find highly competitive loans — often beating the banks — then get everything sorted so your funding is ready when your truck is.
Apply NowUsed Flatbed Truck loans
Used shouldn't mean a higher rate. Whether you're buying from a dealer, private seller or auction, we compare lenders to find a competitive deal — including options the banks may not offer.
Apply NowFlatbed Truck Loans Australia: Competitive Rates & Fast Approvals
Looking for flatbed truck loans Australia? Overdrive Funding is a specialist truck loans broker that compares 80+ banks, non-bank lenders and commercial funders to find competitive rates for freight and machinery transport operators.
We arrange flatbed truck loans for ABN holders — sole traders, companies, trusts, owner operators, owner drivers and self-employed operators — buying new or used flatbed trucks from dealers, private sellers and auctions.
You deal with one broker from quote to settlement. No call centre. No handover.
Why use a flatbed truck loans broker
A bank or dealership can only offer their own products. A specialist broker compares lenders against your ABN, credit profile and the asset you are buying. Overdrive compares 80+ lenders so you can access options that never appear if you walk into one bank.
New and used flatbed truck loans
We loans flatbed trucks purchased from dealerships, truck dealers, private sellers and auctions. Eligible applicants may access no-deposit loans, terms up to 7 years and balloon options. In many cases the flatbed truck is the security — extra property is often not required, subject to lender criteria.
Flatbed Truck types we loans
Flatbed rigids, drop-side flatbeds and stake-body trucks financed new or used.
Low-doc flatbed truck loans up to $500,000
For eligible ABN holders, low-doc and no-doc flatbed truck loans up to $500,000 may be available with reduced paperwork — often faster than a full major-bank assessment.
Fast approvals — same day pre-approval available
Same-day pre-approval and decisions within 24 to 48 hours may be available on eligible files, including dealer, private-sale and auction deadlines.
Compare flatbed truck loans rates across 80+ lenders
Already have a quote? Send it through before you sign. We compare the rate, repayments, fees, term, balloon and total cost against our panel for free. Call Simon on 0417 000 316 or get a free quote online.
Why get a loan with Overdrive Truck Finance
Free service with no upfront costs or hidden fees.
Overdrive is a specialist truck finance broker comparing 80+ banks and non-bank lenders on one application. Explore truck finance across every truck and trailer type, or get a free quote in minutes.
Flatbed Truck Loan Solutions
Whatever your situation, there's a loans structure to suit — we'll match you to the right one for your business.
Trucks We Finance
Kenworth
T-Series, K-Series, C-Series
Isuzu
N-Series, F-Series, Giga
Hino
300 Series, 500 Series, 700 Series
Volvo
FH, FM, FMX
Mack
Anthem, Super-Liner, Trident
Fuso
Canter, Fighter, Shogun
Plus Scania, DAF, Iveco, Mercedes-Benz, Western Star, UD and more.
Low Doc, Light Doc & Full Doc Truck Finance
When applying for truck finance, lenders will generally offer Low Doc, Light Doc or Full Doc options. The right choice depends on your business structure, trading history, and the type of truck you're purchasing.
| Feature | Low Doc Truck Finance | Light Doc Truck Finance | Full Doc Truck Finance |
|---|---|---|---|
| Financial Statements Required | No | No | Yes |
| BAS Statements Required | No | Usually | Sometimes |
| Business Bank Statements | No | Yes | Sometimes |
| Approval Speed | Fastest | Fast | Standard |
| Interest Rates | Higher | Competitive | Most Competitive |
| Borrowing Capacity | Up to $500k | Up to $500k | Up to $10m+ |
| Ideal Outcome | Quick approval with minimal paperwork | Balance of flexibility and pricing | Best pricing and maximum borrowing power |
Which Option Is Right For You?
Need help deciding? Our finance specialists will assess your circumstances and recommend the most suitable asset finance solution for your business.
| If You Are… | Recommended Option |
|---|---|
| Self-employed or businesses with limited financial records | Low Doc |
| Businesses with bank statements and BAS available | Light Doc |
| Businesses with full financials | Full Doc |
Low Doc Truck Finance
Low Doc finance is designed for borrowers who want a simple, streamlined approval process. In most cases, no financial statements or BAS statements are required. Approval is generally based on your ABN history, credit profile, and the asset being financed.
Light Doc Truck Finance
Light Doc finance provides a middle ground between Low Doc and Full Doc lending. Borrowers can often qualify using recent business bank statements and limited supporting documentation, without the need for full financial accounts.
Full Doc Truck Finance
Full Doc finance is suitable for borrowers who can provide complete financial records and supporting documentation. This option typically offers the most competitive rates and highest borrowing capacity.
Flatbed Truck Loans — frequently asked questions
Can I get a loan on a new or used flatbed truck?
Yes — we arrange new and used flatbed truck loans bought from dealers, private sellers or at auction, with the rate and term matched to the asset.
What interest rate will I get on a truck loan?
Rates start from 6.55% p.a. for a strong, asset-backed truck loan and move up with the age of the truck, the term, any deposit and your credit profile. Because we compare a panel of lenders on one application, we quote the sharpest rate you actually qualify for rather than a single bank's rate card.
Can I get a truck loan without financials (low-doc)?
Yes. For an eligible loan under a lender limit we can arrange a low-doc truck loan with no tax returns or BAS, on the strength of your ABN age, GST registration and clean credit. It typically needs a 2+ year ABN and sits slightly above a full-doc rate.
Who can apply for a truck loan?
ABN holders — sole traders, partnerships and companies. Commercial lending to ABN holders sits largely outside consumer credit rules, which usually means a faster, simpler process than a personal loan.
Does enquiring about a truck loan affect my credit score?
No. The initial enquiry is a soft check only and does not affect your credit score. We only lodge a formal loan application to a lender once you have seen the numbers and told us to proceed.
Do I need a deposit for a truck loan?
Not always. $0-deposit truck loans are available for eligible deals, subject to assessment. A deposit or trade-in can help with a newer ABN or an older asset, and it lowers the amount borrowed and your repayments.
What loan terms are available?
Truck loan terms typically run from 1 to 7 years. A longer term lowers the repayment but costs more interest overall; a shorter term costs less interest but repays faster. We help you balance cash flow against total cost.
Can I get a loan on a new or used truck?
Both. We arrange loans for new trucks (dealer stock and factory orders) and used trucks bought from a dealer, at auction or from a private seller. On a used truck, its age, kilometres and condition can affect the rate and term.
Can I buy from a private seller or at auction with a truck loan?
Yes. For a private sale the lender verifies ownership and checks the truck is clear of existing finance (a PPSR check) before releasing the loan funds. We manage that process with you.
How does a balloon or residual work on a truck loan?
A balloon (or residual) is a lump sum set aside to the end of the term. It lowers your regular repayments now, which suits operators who refresh trucks every few years — you pay it out, refinance it, or trade in at term end.
How quickly can a truck loan be approved?
For a straightforward, asset-backed truck loan we can often come back with an indicative answer the same business day, with conditional approval frequently inside 24 hours, and settlement within a few days once documents are in.
Truck loans by type
What Our Clients Say
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