Inexpensive Interest Charges

To ensure reduced monthly payments, you save much on your Easy truck loan through the 40 plus lenders we have.

Flexible Payback Period

The repayment terms can be extended for a maximum of seven years enabling you to select one that is affordable to you, making it truck finance made easy.

No Upfront Charges

There are no upfront fees thereby making it possible to finance your vehicle immediately with low rate truck loans.

Quick Approval Process

Our quick approval processes enable one to get cash instantly with Australia’s fastest truck finance.

Great Customer Service

We have a group of well-informed and skilled personnel who will assist you in finding the finest truck loan possible.

Why You Should Choose Us For Truck Loans?

  • Well-established finance brokers whom clients believe in and who provide cheap truck loans since time immemorial.
  • With a huge network of lenders available, we will find the best deal regardless of your credit score or financial status.
  • Different types of truck loans exist that cater to every specific need; new trucks, used ones, commercial vehicles, or even heavy-duty.
  • We are committed to ensuring that you have the best customer service experience and leave fully satisfied. Our dedicated team is available to answer any of your queries and guide you through the whole financing process.

Please contact us if you need any type of truck loan in Melbourne or even in other cities of Australia. We shall be glad to hear from you in order to discuss your requirements and match you with the perfect financing solution, making it the easiest truck finance.

Kinds of Truck Loans

Chattel Mortgage

The most common kind of truck loan is chattel mortgage, which is a secured truck loan whereby the truck someone wants to buy becomes collateral for it. This means that if one fails to repay the amount, the creditor has rights to take ownership of his/her truck. Chattel mortgages are much cheaper than unsecured truck loans because they have low interest rates.

Finance Lease

Finance lease is another type of secured truck loan where one hires out the truck for a specified period by the borrower. The choices after this lease period include buying the truck back, returning it, or simply renewing the lease. Unlike chattel mortgages, finance leases have higher monthly payments but lesser interest paid throughout its lifetime.

Small Business Loan

A small business loan is available only for small businesses. It is possible to use these small business loans in numerous ways, including the purchase of a truck. These loans tend to have higher interest rates than chattel mortgages or finance leases but have the advantage of flexible repayment options.

Choosing the Best Truck Loan

The best truck loan for you will surely depend on your personal requirements and circumstances. For example, a chattel mortgage could be an appropriate choice if you have a good credit score and can make down payments easily. If your credit score is low or you cannot afford down payments, then a finance lease may be a better option. A small business loan would be ideal only for small business owners.

Considerations When Deciding Upon a Truck Loan

  • How much money you need to borrow
  • The term of the truck loan
  • The rate of interest
  • Monthly repayments
  • Down payment
  • Your credit rating
  • Requirements for your company

Comparing different lenders and shopping around are important before you choose a truck loan. Banks, credit unions, and other financial institutions can give you quotes. You should also be ready to divulge certain aspects about your business, income, and credit history to the lender.

In addition to new truck finance, we also offer used truck loan options to cater to your various requirements, including trailer financing, truck repair loans, big truck loans, semi-truck loans, start-up trucking loans, and many more. Whether you are looking for truck loans or specialized loans for truck drivers, we provide you with our comprehensive truck and trailer finance solutions.

Loan Process

We follow a systematic process that keeps everything on track and discipline is what drives us forward.

Contact our dedicated lending specialist


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Australia's Leading Truck Loan and Financing Experts

At Loan Junction, we specialize in providing flexible truck loans and financing options tailored to your business needs. Secure the best truck financing solutions in Australia and drive your business forward with confidence.

A diverse array of truck loan facilities

Our comprehensive collection includes truck financing options for semi-trucks, dump trucks, delivery vans, and tow trucks, ensuring you access tailored truck loan solutions that best fit your individual needs & requirements.

Nationwide Truck Purchase Assistance

Benefit from our nationwide coverage of truck loan and financing solutions, providing you seamless truck purchases across Australia. Our truck loan services extend to every corner of the country, ensuring convenience regardless of your location or the vehicle's whereabouts.

Expertise and Comprehensive knowledge

Our extensive customer base celebrates our expertise & profound comprehension of both the financing & trucking industries. We stand out for our capability to offer & compare the top-tier truck loans featuring competitive rates.

Decades of experience with Credits & Lendings

Drawing from our comprehensive experience in delivering superior credit & lending solutions to our clients, Loan Junction has cultivated a robust network, providing an access to numerous truck loan companies & banks. Our deep understanding of truck financing empowers us to source the ideal truck loan solution that is most suitable to your specific needs.


All the types & brands of trucks can be financed which are on the market. The list majorly includes most of the leading manufacturers such as Isuzu, Kenworth, Scania, Volvo, Mack, Iveco, DAF, Freightliner, Mercedes-Benz, UD, Hino, Western Star, along many other brands. Truck finance made easy with our best truck loan services for light, medium & heavy duty trucks with a vast range of body types, including rigid ones, semi-trucks, B-doubles, cranes, tippers, agitator, Pantech, refrigerated, car carriers, livestock transporters, prime movers, water trucks, dumpers, curt insiders, tray table, tankers and more. While some of the truck loan lenders may not finance the prime movers or interstate haulage, the others including some banks may also have an age of asset restrictions.
The truck loan types include various forms of truck & trailer financing such as Chattel Mortgage; Commercial Hire Purchase (CHP); Leasing; Operating Lease; Rent to Buy or Rent to Own. However, the businesses applying for a truck loan are advised to consult their own financial advisor or an accountant for ascertaining the most suited truck loan type for their truck as the truck financing depends upon the individual requirements. Also, each of the truck finance types has different kinds of implications associated with it in relation to tax benefits.
The truck loan terms at Loan Junction usually range for a period between 3 to 5 years. The duration of the truck loan terms impact the monthly repayments. E.g. in case of shorter loan terms, the repayment amounts are higher, helping in faster truck loan repayment and thus, faster truck ownership. On the other hand, longer truck finance terms shall lead to lower monthly repayment amounts and thus, require more time for repaying the availed truck loan and therefore, owning the truck. In addition to above, balloon or residual payments may be offered as a lump sum payment at the end of truck finance term or as an interest only portion of finance, thus, helping reduce your monthly repay burden.
Truck loans or truck financing is accessible to all sort of businesses, irrespective of their entity or structure. This may include sole traders, partnership firms, Privately limited companies, public companies and even large privately owned corporations. For qualification for truck financing, the goods must be used primarily for business purposes, exceeding 50% usage. Thus, eligibility requires to be a business entity, with a current ABN being the least requirement for moving a business finance application.