Equipment loan · Transport and logistics
Equipment loan for transport and logistics
Transport operators pay for fuel, tolls and drivers before customers pay on 30–60-day terms, so truck and trailer finance is usually paired with a working-capital facility.
How a equipment loan works for transport and logistics
An equipment loan is a secured business loan used to buy machinery, vehicles or technology, with the equipment itself as security and fixed repayments over 1 to 7 years. It covers new and used assets from dealers or private sellers. For transport and logistics, the key is matching repayments to how money actually moves: A transport business pays for fuel before the customer pays, often waiting 30–60 days on freight invoices.
What transport and logistics typically fund
- Prime movers, rigid trucks and trailers
- Fuel and tolls between invoice payments
- Fleet expansion for new contracts
Equipment loan for transport and logistics: the numbers
| Typical amounts | $5,000 – $5,000,000 |
|---|---|
| Term | 12–84 months |
| Indicative rates | 6.9% – 16% p.a. |
| Repayments | Monthly |
| Speed | Same day to 48 hours for low-doc |
| Documents transport and logistics usually need | ABN and operator accreditation · Bank statements and financials · Freight contracts for larger facilities |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
Truck finance
Truck finance is secured equipment finance for prime movers, rigid trucks and trailers, usually structured as a chattel mortgage over 3–7 years with an optional balloon.
What is equipment finance?
Equipment finance is any loan or lease used to acquire business equipment, with the equipment typically serving as security. The main structures in Australia are chattel mortgages, finance leases and rentals.
Low-doc equipment finance
Low-doc equipment finance approves smaller amounts (often up to $150,000–$250,000) without full financials, relying on ABN age, GST registration, credit history and sometimes a property-owner declaration.
Questions from transport and logistics
What documents will you need?
We start with a conversation about your business. To assess your options, lenders commonly need identification and recent business bank statements. Depending on the loan, they may also request BAS, financials or statements for existing debts. Your broker gives you a clear list for your situation.