Business line of credit · Transport and logistics
Business line of credit 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 business line of credit works for transport and logistics
A business line of credit is an approved limit you can draw on, repay and redraw as needed, paying interest only on the amount used. It suits businesses whose funding needs rise and fall through the year. 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
Business line of credit for transport and logistics: the numbers
| Typical amounts | $10,000 – $500,000 |
|---|---|
| Term | 6–24 months |
| Indicative rates | 11.5% – 24% p.a. |
| Repayments | Weekly or monthly minimums on the drawn balance |
| Speed | 1–3 business days |
| 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 a business line of credit?
A business line of credit is a revolving facility with a pre-approved limit. You borrow only what you need, pay interest only on the drawn balance and can redraw repaid funds without reapplying.
Line of credit vs business loan
A business loan pays a lump sum repaid on a fixed schedule; a line of credit is a flexible limit drawn as needed. Loans suit one-off purchases, lines of credit suit fluctuating working-capital needs.
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.