Truck Loans for Multiple Trucks
Loans multiple trucks under a structure suited to your business, whether you’re adding several vehicles at once, replacing existing trucks or expanding your fleet.
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
Truck Loans for Multiple Trucks Australia
Need truck loans for multiple trucks in one go? Overdrive Funding structures multi-asset deals across 80+ lenders so you are not opening a new loan for every piece of trucks and trailers.
We arrange loans for Australian ABN holders — companies, contractors, sole traders and trusts — buying more than one new or used truck from dealerships, private sellers and auctions.
Why loans multiple trucks together
Separate loans mean separate rates, settlements and end dates. One multi-truck facility can align terms, cut paperwork and make cash flow easier to run.
We compare lenders that will take several assets on one deal — or split the list across the right funders — and you still deal with one broker.
What can sit on the same deal
- Two or more prime movers, tippers or curtainsiders
- Mixed truck types (refrigerated + crane truck + flatbed, and similar)
- New and used on the same package where lenders allow
- Dealer, private sale and auction trucks together, subject to criteria
Eligible applicants may access no-deposit loans, terms up to 7 years and balloons to hold monthly cost down. In many cases the trucks are the security. Extra property is often not required, subject to lender criteria.
Limits for more than one truck
Low-doc, lite-doc and no-doc loans up to $500,000 may be available for eligible ABN holders without full financials. Full-doc can cover larger multi-truck packages.
Adding another truck later? Ask for a limit or variation so the next purchase does not start from scratch.
Fast approvals on a multi-truck list
Same-day pre-approval and decisions within 24 to 48 hours may be available on eligible files, including when one of the trucks is at auction. Pre-approvals can be valid for 90 days while you lock in the rest.
Compare quotes on the full list
Already have dealer or bank quotes on several trucks? Send the lot through. We compare rates, repayments, fees, terms and structure across 80+ lenders. Free. No cost if you do not proceed.
Truck loans for multiple trucks in Sydney, Melbourne, Brisbane, Perth, Adelaide, Gold Coast, Canberra and Darwin uses the same national panel.
One application. 80+ lenders. Multiple trucks, trucks and trailers Australia-wide. One dedicated broker for this deal and every truck after it.
Get a multi-truck comparison — call Simon on 0417 000 316 or submit a quote with the full list attached.
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.
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.
Truck Loans for Multiple Trucks — frequently asked questions
Can I get a loan on a new or used truck finance for multiple trucks?
Yes — we arrange new and used truck finance for multiple trucks 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
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