Menu
Truck finance refers to a specialised form of finance tailored for commercial or business vehicles. This financial solution is crucial for enterprises in sectors like transport, manufacturing, supply chain, logistics, and eCommerce.
These businesses often need heavy-duty vehicles, such as trucks, to move goods from one place to another. Given the high cost of these vehicles, not every business owner can afford to purchase or lease them outright. This is where truck finance becomes a game-changer, enabling enterprises to acquire trucks and use them solely for business operations.
Truck finance is a powerful tool for businesses. It can help you achieve your objectives and meet your responsibilities by facilitating the purchase or lease of trucks through financing. This option is particularly beneficial because it allows the truck to be considered an asset to the company.
If you’re considering acquiring a truck for your business through purchase or lease, Broc Finance is here to help. As Australia’s leading finance brokers, we offer unparalleled support to enterprises of all sizes. Our expertise and guidance make the process of obtaining truck finance smooth and straightforward.
When you’re ready to apply for truck finance, it’s essential to know a few critical points:
Choosing to finance trucks through dealers can significantly streamline the process:
For many business owners, the idea of getting truck finance with bad credit can seem tough. But, it’s important to know that having a not-so-great credit score doesn’t mean you can’t finance commercial trucks. Companies like Broc Finance offer special programs designed to help businesses with bad credit. These programs focus on your business’s future money-making potential instead of past money issues, giving a helping hand to those needing commercial vehicles to grow or maintain their business.
Finding the right financial partners who get the specific challenges and needs of businesses with bad credit is crucial. Broc Finance is good at creating financing plans that look at the big picture, offering flexible terms that work for businesses with different credit backgrounds. By showing a strong business plan, including how the trucks will be used and make money, businesses can boost their chances of getting the financing they need.
Truck finance rates depend on various things, like how trustworthy the borrower is, the loan’s term, and the type of truck. Although rates might be higher for businesses with bad credit, working with a broker can help you overcome these challenges and find competitive rates.
It’s also a good idea to compare offers from different lenders to make sure you’re getting the best deal.
Commercial truck finance includes different financing options to meet the needs of businesses that need vehicles for their operations. Knowing the details of all your commercial truck finance options is key to making the right decision that fits your business’s money situation and goals for the future.
We specialise in a variety of truck finance solutions, including but not limited to:
Low Doc & No Doc Loans: Designed for businesses struggling with traditional documentation requirements. These loans are a solution for SMEs with minimal paperwork, bad credit history, or those newly established.
Broc Finance specialises in offering quick financing solutions for businesses in need of truck finance or any other equipment financing. We partner with top lenders and truck finance companies across Australia, ensuring we match your financing needs with the right lender. Our team, composed of seasoned professionals, is committed to securing the best loan options for our clients.
We take pride in assisting businesses of all sizes, with a special focus on supporting SMEs, which often encounter challenges like limited documentation, poor credit history, or a short trading history.
For any questions or to start your journey towards easy truck finance, reach out to our experts. We’re eager to guide you through the financing process, making it as smooth and straightforward as possible.
Yes, absolutely! However, it’s important to understand that the interest rates, loan terms, down payment, vehicle age and condition, mileage restrictions, and depreciation for used truck financing is different compared to if you were financing a new truck or fleet of trucks. If you would like to learn more, feel free to reach out to our expert broker team.
We offer free knowledgeable advice to help you make the most informed decision with your investment into your business. Our firm is remunerated by the lenders you choose.
It varies from one business to another, depending on multiple factors. Rest assured; we can get 100% financing with good rates for businesses that fit the eligibility criteria. You can gain more clarity on the matter by consulting with our experts.
We are often approached by enterprises that want to buy a fleet of trucks using the financing options. So, to answer your query; yes it is possible to buy more than one truck with a line of credit for asset finance. business financing.
No, there is no age of truck as such. However, the loan amount is dispersed, judging the overall condition of the truck.
Yes, of course, you can. We have a history of facilitating truck finance for new businesses with a trading history of even 1 day.
The requirement for financials and documents varies in each case. Once you reach out to us with the loan request, our experts will expedite it guiding you through all the technicalities.
Contact us today and discover how our expertise can help your small business thrive.
CALL US
1300 253 041
EMAIL US
enquiries@brocfinance.com.au
Broc Financial Services Pvt Ltd.
ACN 648 088 304
Credit Representative number 540795 is Authorised under Australian Credit Licence Number 389328