Truck Finance

Expand or upgrade your truck fleet with a commercial truck loan tailored to your business. Talk to the finance experts at Total Funding today. Whether you need a single vehicle or a full fleet, we pride ourselves on our ability to cater to any individual, business or company with our wide range of financial services and tailored loan packages. Our consultants are on hand to find the best finance option for you.

We can tailor packages to finance all kinds of light, medium and heavy trucks, as well as commercial plant and equipment:

Tow trucks
Flat beds
Tippers
Heavy haulers
Curtain-siders
Box Bodies
Refrigerated trucks
Road tankers

Tractors
Semi-trailers
Dual cab trucks
Crane truck
Prime movers
Log trucks
Livestock trucks
And many more

Truck Financing Options

Chattel Mortgage

A chattel mortgage is similar to a standard loan, whereby a finance company lends a business or individual a sum to purchase a vehicle (in this case, a truck) or equipment that they will need to make regular repayments on. The individual takes ownership of the vehicle at the beginning of the agreement, while the financier takes out a mortgage on the truck, which acts as the security for the loan.

Invoice Financing

For businesses that are asset or cash poor and looking to expand, in some instances we can provide invoice financing on unpaid invoices you’ve issued to clients. This enables a business to purchase a vehicle(s) necessary to complete the project that the invoice is for. Talk to us today for more information about invoice financing.

Truck Leasing

We can draw up a rental agreement where you lease the truck or trucks for an agreed term and amount. The truck is owned by the financier for the term of the lease, at the end of which the business has the option to purchase the truck or extend the lease. This is beneficial in cases where you are unsure if the business will need to keep the truck beyond the project at hand.

Hire Purchase

If the business will need to keep the truck, a hire purchase agreement can be drawn up. A hire purchase is similar to a lease agreement, though the payments are calculated so that the truck ownership transfers to the business at the end of the agreement.

If you need a truck finance solution for your business, talk to the team at Total Funding today. Let us tailor a finance solution to help your business grow.

Call us on 07 5528 1940 or fill in the contact form to the right.