Truck loans from 2.85% p.a.

Low rate truck & equipment finance for sole
traders, individuals, partnerships and companies


Truck Finance

Low rate truck & equipment financing solutions for SME business

Truck loans done right

Talk to Fox Finance Group about a structured truck financing solution today. Fox Finance Group finances trucks for companies Australia Wide. Our Lending Specialists are driven to deliver our truck loan approvals on time every time. We are experts at all types of truck loans and help you get best and low finance rates available on the market today.

Our specialist commercial finance professionals understand business, finance, cash flow, financials, company & business structures and everything that's required to provide you with the right business loan solution.

Tax effective

At Fox Finance Group, our consultants will tailor a business loan solution for you. We'll take the time to speak with your trusted advisors so we fully understand your tax, cash flow and business requirements. A commercial consultant from Fox Finance Group will place you within the right structure, driving your dollar further and save you money. Our aim is to become an extension of your business, a partner that will help your business grow by providing market leading innovative financing solutions, quick and easy.

At Fox Finance Group, we can provide truck finance for all types of trucks, plus vans, commercial utilities, prime-movers, buses, tankers, cranes, forklifts and more.

See how we can help you with your truck finance

We are accredited with the most reputable banks and lenders here in Australia providing a fair and competitive choice for SMEs

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Flexible loan terms

We can finance equipment for industries including construction, heavy industry, transportation and more.

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Fixed interest rates

Fox Finance Group offers fixed and competitive interest rates across a range of equipment finance products.

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Low monthly repayment

Our equipment finance rates are among the most competitive available on the market today.

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Flexible residuals

We don't just have a one size fits all approach. That's why our team help tailor solutions based on your businesses' needs.

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Tax effective

Choose to buy new, used or ex-lease equipment through our range of equipment finance products and services.

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Access to multiple lenders

We have access to a world of equipment finance lenders, so rest assured you've come to the right place.

Your truck finance questions answered

Read more about truck finance and get answers to some of the most commonly asked truck finance FAQs

Yes! We have a panel of truck lenders for both new and used trucks and most heavy movers. Obviously terms and conditions apply - speak with one of our Lending Specialists today. 
The primary difference between a hire purchase and chattel mortgage is who takes ownership of the vehicle. Your financier "owns" the truck in a hire purchase, whereas ownership passes to you in a chattel mortgage. Always refer to your accountant or financial advisor about which option is best for your individual business structure.
Yes - with a chattel mortgage or hire purchase, you can purchase a truck without any collateral or deposit. In fact, you can finance extras such as insurance or servicing in the initial loan package if this is something that you'd like as an option.
Yes - we can help businesses of all sizes with finance for an entire fleet of trucks, subject to meeting certain criteria. Our Lending Specialists are well experienced in helping our clients set up funding limits so you can plan ahead and know exactly where you stand.
No - with over 50 Banks and niche lenders on our panel, we work hard to find competitive commercial loans for our clients that have experienced some bad credit issues in the past, but are now back on the right track. 
Yes - Fox Finance Group's network of lenders offer leasing options such as an operating lease, finance lease and other flexible leasing products that suit your business. 
Yes - your business can purchase the truck by paying out the residual value at the end of any lease term. Or, you can trade it in and we can help you with your next lease. 
Yes - we finance all types of prime movers and trucks for business purposes. If it's big and it moves, we have the lenders on our panel to help.
We finance forklifts, tankers, cranes, prime movers and other heavy plant for heavy industry, construction, mining, and more. 
Yes - we help our customers find truck loans tailored around their business trends. Some of our lenders are flexible enough to help you with a special repayment schedule so you can keep your cash flow in check.

 

Helpful truck finance tips

Use our helpful guides below to learn more about truck finance and how to make the most of your truck

Zero percent finance - does it cost more?

Zero doesn't mean zero - especially when it comes to truck finance. Opting for "zero" or "no" interest loans can end up costing you and your business more. Generally, you will find that a dealer won't budge on price if you are getting one of their promo interest rates. This is generally because the dealer has to subsidise the interest rate promotion. Every "zero" percent finance package comes with higher fees; even for paying off the loan early. Some dealers might entice you with lower repayments, but read the fine print first. They may artificially keep repayments low by forcing a balloon payment at the end of the loan term or provide an example that includes you having to add a large deposit to reduce your repayment to the advertised repayment. Finding your own finance and haggling with a dealer can save you thousands - that's where we come in.

Should you lease or buy a truck?

It's an age old debate - should you lease or buy your next truck? Buying a truck is good for you come tax time. You need to speak with your Accountant first, but generally you could be eligible to claim depreciation, tax and other benefits such as the fuel input tax credit. However, if you run a seasonal business or are looking to expand quickly, opting for operating or finance lease might be another good option to consider. This gives you the opportunity to take on more trucks for a limited time. In many lease agreements, maintenance and other expenses may be included in your repayments. Ask your accountant what structure is the right one for you, then speak with your Fox Finance Group Lending Specialist for more details on how we can set this up for you in the most effective way that suits your business.

Buying new vs used trucks

Trucks are no small expenditure; for many businesses that rely on them, it's their primary asset. Buying used trucks might sound tempting, if you want to save on initial costs. However, depreciation will hamper your resale value, and long-term operation. Buying new means high residual value in your asset, and lower maintenance costs as your truck comes with new warranties, parts and other modcons. It also means they are more reliable, which could save you on certain types of business insurance. A well-maintained truck can last for years, or even decades. Sometimes buying a new truck will cost more upfront, but you could be better off in the long run with a truck that holds a higher resale value when it comes time to upgrade or sell.

Choosing a right truck

Before buying, you must ask how important is the truck to your day to day running of the business and what problem your truck solves in your business. If you haul heavy loads, perishable foodstuffs, or liquids, the answers to these questions is very easy to come up with. However buying a smaller or lighter set up to begin with only to find out your hauling capacity is running out due to higher demand for your services can hurt your business in the short to medium term. Always start with the end in mind. Which means take the time to really think ahead into the future and consider your growth goals within your business. From there, choose the right truck the first time that will not only help today, but has the capacity for your business to grow into it as well. 

Speak with a Lending Specialist Now!

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Why Choose Us?

14+ Years

14+ Years

as a Financial Services Group helping customers Australia wide 
$ 1 billion+

$ 1 billion+

of processed applications for everyday Australians and SME businesses
100,000+

100,000+

applications since
2006 and growing
Excellent

Excellent

Rated 4.9 out of 5 by our
customers on Trustpilot

Some of Our Finance Partners

 
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Some of Our Finance Partners