Finance for Transport Businesses

Trucks, trailers, balloon payments and cash flow funded for owner-drivers and transport companies.

Call 0401 222 353

★★★★★5.0 from Google reviews

Warehouse staff loading a delivery van at a loading dock while two colleagues talk beside the racking

★★★★★

Joseph Alam

He came from a place of understanding

Getting a loan was difficult for me but not only did Joe get the loan done, he came from a place of understanding. Highly recommend and when I need to refinance at any stage I know who to see.

★★★★★

Will M

Great experience from start to finish

Great experience from start to finish. Joe was professional, responsive and transparent throughout the entire process. He explained everything clearly and made it easy to move forward with confidence. Highly recommend for anyone looking for reliable and trustworthy financial services.

★★★★★

John Safi

Easy the whole step of the way

Dealing with Joe was really easy the whole step of the way. He made it so easy to consolidate all my debts and get the best deals for me.

★★★★★

Jack Roberts

Always gets you a great deal

Great mortgage broker. I have worked with Joe across multiple loans and never had any issues — efficient, professional and always gets you a great deal!

★★★★★

Emilio Ayoub

Smooth and stress-free

Joe was awesome to deal with. Super knowledgeable, easy to talk to, and made the whole process smooth and stress-free. He explained everything clearly and worked hard to get the best outcome for us. Highly recommend Settled with Joe if you're looking for reliability, transparency and quality.

★★★★★

Nick Jr Constantin

Clear and stress-free

Great experience working with Joseph during my home loan application. He was knowledgeable, responsive, and made the whole process clear and stress-free. I really appreciated his support and would happily recommend him to anyone needing help with property matters.

★★★★★

Philip Albert

Actually makes the whole process easy

Highly recommend Settled with Joe if you're looking for a mortgage broker who actually makes the whole process easy. Joe was professional, knowledgeable, and always available to answer questions. He handled everything smoothly from start to finish and helped secure a great outcome without the usual stress that comes with finance.

How lenders look at a transport business

Fuel, tolls, registration, insurance and wages leave your account every week. Freight customers often pay on 30, 45 or 60 day terms. Lenders that fund transport understand that gap, and they look closely at three things: the truck or trailer itself, the work it will do, and how long you have been in the industry.

The vehicle is usually the main security, so its age, kilometres and condition matter, and most lenders limit how old a unit can be when the loan ends. A signed contract, a regular run or a letter of engagement shows where the repayments come from. Joseph Farhat and his team gather that picture with you, match it to lenders across our panel of 90+ bank, non-bank, and specialist lenders, and manage the file through to settlement.

What transport operators most often bring to us

Buying a prime mover, rigid or trailer

Whether it is your first truck as an owner-driver or the next unit for a growing fleet, lenders assess the vehicle, your experience and the work lined up for it. Dealer, auction and private sales can all be funded, with checks on the seller before money moves.

Truck finance

A balloon payment coming due

Many truck and trailer loans end with a lump sum, called a balloon or residual. If the cash is not there to pay it, a new loan can cover the payout and spread it over a fresh term. Starting before the due date gives the widest choice of lender.

Balloon payment refinance

Customers paying slower than your costs

When a large freight customer pays on 45 or 60 day terms, invoice finance advances most of the value of your unpaid invoices now. The balance, less fees, comes to you when the customer pays. It grows with your sales rather than sitting as a fixed loan.

Invoice finance

An ATO debt building up

Rising running costs can leave BAS amounts, including PAYG withholding (the tax taken from wages) and GST, unpaid. Some lenders will clear the ATO balance and let you repay over a set term, secured against trucks, a depot or property. If the business may not be able to pay its debts, an accountant or registered insolvency practitioner comes first.

Tax debt finance for transport

Our pages for transport businesses

Truck finance Balloon payment refinance Chattel mortgage Invoice finance Payroll gap finance Tax debt finance for transport Working capital finance Insurance premium funding Low-doc asset finance

Frequently asked questions

Can I finance my first truck as a new owner-driver?

Yes, it can be done. Lenders weigh your years behind the wheel and the work you have secured, such as a contract with a transport company or a regular run. A deposit or trade-in can widen the lender choice for a first-time owner. Joseph Farhat and his team will tell you early what the panel is likely to consider.

Can you fund an older or second-hand truck?

Often, yes. Each lender sets an age limit for the truck at the end of the loan, so an older unit may need a shorter term or a lender with a wider limit. Auction and private purchases are funded too, once the seller and any existing finance on the truck are checked.

My balloon is due and I cannot pay it in cash. What are my options?

A new loan can pay out the balloon and spread it over a new term, or a trade-up can roll it into a newer unit. Lenders look at the asset's age and value, the payout figure and how the current loan has been repaid. Get in touch as early as you can before the due date.

Will invoice finance work if most of my work comes from one customer?

It can. Lenders look at who your customers are, how they pay and how much of your ledger sits with one name. Some set limits on a single customer, so the amount advanced may be lower. Joseph Farhat and his team match your ledger to lenders whose policy fits it.

Do I need full financials to finance a truck?

Not always. Many lenders will assess an owner-driver on BAS and business bank statements, which is low-doc or alt-doc (BAS, bank statements or an accountant's letter instead). Full-doc (tax returns) usually opens sharper pricing on larger amounts or older units.

Can you tell me whether to buy, lease or rent my next truck?

That choice depends on your tax position and cash flow, so it sits with you and your accountant. We are a finance broker, not a financial adviser or accountant. We set out what lenders on the panel will offer for each option so you can weigh them up with your accountant.

Access to over 90+ bank, non-bank, and private lenders