Prime Mover Finance Australia

Prime mover loans typically range from $150,000 for quality used trucks to $600,000+ for new flagship models. The amount depends on the vehicle value, your business financials, and the lender. We help owner-operators and fleets at all levels.

Yes, we regularly finance used prime movers. Most lenders will finance trucks up to 15-20 years old, though terms and rates vary based on age, condition, and kilometres. Used trucks often represent excellent value, especially for operators starting out.

Deposit requirements vary by lender and your situation. Some lenders offer no-deposit options for strong applications. Having a 10-20% deposit can secure better rates and improve approval chances, especially for used trucks or applicants with credit challenges.

Finance terms typically range from 2 to 7 years. Longer terms mean lower repayments but more interest overall. For new prime movers, 5-year terms are common. We help you find the right balance between affordability and total cost.

Both cab-over (like Kenworth K200) and conventional (like Kenworth T610) prime movers can be financed. Lenders assess them similarly, though residual values and depreciation may differ. We can advise on finance structures suited to your chosen configuration.

Yes. We work with specialist commercial lenders who understand that owner-operators sometimes face credit challenges. If your business is performing well and you can demonstrate ability to service the loan, options are available even with defaults or past issues.

Absolutely. Many owner-operators finance their prime mover and trailer together as a package. This can simplify the process and potentially improve your overall terms. We can structure finance for your complete rig.