Prime Mover Finance
Prime mover finance 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 finance 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 Prime Mover finance
New Prime Mover finance
Get a better rate on your new prime mover. We compare specialist commercial lenders to find highly competitive finance — often beating the banks — then get everything sorted so your funding is ready when your truck is.
Apply NowUsed Prime Mover finance
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 NowPrime Mover Finance Australia: Competitive Rates & Fast Approvals
Looking for prime mover finance Australia? Overdrive Funding is a specialist truck finance broker that compares 80+ banks, non-bank lenders and commercial funders to find competitive rates for linehaul, B-double and road-train operators.
We arrange prime mover finance for ABN holders — sole traders, companies, trusts, owner operators, owner drivers and self-employed operators — buying new or used prime movers from dealers, private sellers and auctions.
You deal with one broker from quote to settlement. No call centre. No handover.
Why use a prime mover finance 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 prime mover finance
We finance prime movers purchased from dealerships, truck dealers, private sellers and auctions. Eligible applicants may access no-deposit finance, terms up to 7 years and balloon options. In many cases the prime mover is the security — extra property is often not required, subject to lender criteria.
Prime Mover types we finance
Kenworth, Volvo, Western Star, Mack, Scania, DAF, Mercedes-Benz, MAN, Iveco and other heavy prime movers financed new or used, dealer, private or auction.
Single prime movers, B-doubles, road trains and fleet replacements — we match the lender to the vehicle and the work behind it.
Low-doc prime mover finance up to $500,000
For eligible ABN holders, low-doc and no-doc prime mover finance 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 prime mover finance 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 finance 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.
Prime Mover Finance Solutions
Whatever your situation, there's a finance 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.
Prime Mover Finance — frequently asked questions
What prime mover finance rates are available?
Indicative rates for prime mover finance generally start from 6.55% p.a. for eligible new or late-model assets with a strong ABN and clean credit. Rates on older or higher-kilometre prime movers vary depending on the truck's age, the finance term, deposit and your credit profile. We compare 80+ lenders to find the sharpest rate your application qualifies for.
Can I finance a used prime mover?
Yes. We arrange finance for used prime movers from dealers, private sellers and auction. The truck's age, kilometres and condition can influence which lenders and finance options are available, but we regularly settle late-model and older prime movers for owner-operators and fleet owners across Australia.
What deposit do I need for prime mover finance?
Eligible applicants may qualify for up to 100% prime mover finance with no deposit. Whether a deposit is required depends on your credit profile, ABN history, the truck's age and the lender's criteria. We'll advise what's available for your situation before you commit to anything.
Can I finance a prime mover on low doc?
Yes. For eligible ABN holders, low-doc and no-doc prime mover finance up to $500,000 may be available without providing tax returns or full financials. Requirements vary by lender and may include BAS, bank statements or other business information. Established ABNs with clean credit typically have the most options.
How long does prime mover finance approval take?
For a straightforward asset-backed deal we can often return a same-day indicative answer, with conditional approval frequently inside 24 hours. Settlement typically follows within a few days once documents are signed. We work to meet dealer, auction and private-sale deadlines.
Can I finance a Kenworth, Volvo or Western Star prime mover?
Yes. We arrange finance for all major prime mover brands including Kenworth, Volvo, Western Star, Mack, Scania, DAF, Mercedes-Benz, MAN and Iveco, both new and used, from dealers, private sellers and auctions across Australia.
What Our Clients Say
★★★★★ 5.0 / 5 based on our Google reviews
Ready to get started?
Free quote in minutes, decisions in 24–48 hours. No obligation, no credit-score impact to enquire.