Concrete Truck Finance

For both residential and commercial buildings, the use of concrete in Civil Construction projects across Australia has increased considerably over these last few years – and for this reason, concrete truck financing may become much more popular with concrete supply companies around the country.

Example funding scenario:

A company plans to expand their business in commercial building, but needs to first purchase a new concrete truck in order to handle their increasing work load. However, with initial costs often being quite high, they consider the option of financing a truck instead.

  • They’re looking to finance a new ISUZU Series Concrete Truck, which has a purchase price of $260,000 (GST included)
  • The client has been self-employed for 5 years
  • There is equity in the equipment
  • The director is a homeowner
  • Their credit history is good

 

The outcome:

  • They fill out an application form online
  • Financials from the last two years are requested from the client’s accountant
  • A day later, the finance for $260,00 (GST included) was approved
  • The new ISUZU Concrete Truck is used as security

In some cases, this is how straight forward it can be to finance a new truck; giving business owners the opportunity they need to expand their company and keep up with the demands of their customers.

Other types of concrete trucks (new or used) that can be financed

Along with the Isuzu concrete truck, there are a number of other vehicles that can be financed too, including:

 

  • Nissan
  • Sterling
  • Hino
  • Iveco
  • Kenworth
  • Freightliner

 

Want to get a finance pre-approval? If so, you might want to consider visiting the online pre-approval page, which can be found on our website.

 

Disclaimer

This newsletter does not necessarily reflect the opinion of the publisher or supplier. It is intended to provide general news and information only. While every care has been taken to ensure the accuracy of the information it contains, neither the publishers, supplier, authors nor their employees, can be held liable for any inaccuracies, errors or omission. Readers are advised to contact their financial adviser, broker or accountant before making any investment decisions and should not rely on this newsletter as a substitute for professional advice.

Your full financial situation would need to be reviewed prior to acceptance of any offer or product

Credit Representative Number 496186 is authorised under Australian Credit License Number 389328

 

 

Disclaimer -This page/article provides general information only and has been prepared without considering your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.

Credit Representative Number 496186 is authorised under Australian Credit Licence Number 389328.
ABN – 63 007 814 458. Member of MFAA.

Ph. 1300 418 811
Email – info@truckfinanceonline.com.au