FAQs

We have a variety of financing options for Kenworth trucks, including Hire Purchase Agreement, Equipment Lease, and Chattel Mortgage. Each option has distinct benefits, such as ownership at the end of the term or keeping the truck off the company’s balance sheet.

We work with over 80 lenders and banks to find the most competitive rates for Kenworth truck loans. By leveraging these extensive connections, we’re able to offer personalised financing solutions tailored to each customer’s unique circumstances, ensuring that they receive the best possible rates and terms for their truck purchase.

Our application process is highly streamlined and straightforward. When you get in touch with us, we’ll ask for a few key details about your expenses, debts, income, and ID. We then utilise this information to find the best quote from our vast network of lenders. After you have received an offer and accepted it, we will process the application quickly. Approval is typically secured within 24 hours.

Choosing Jade over dealer financing provides access to a broader range of lenders, ensuring you get the lowest rates and best terms. Dealer financing typically involves a single-designated finance company, often resulting in higher rates and less favourable terms.

To apply for a Kenworth truck loan with Jade, you need to provide identification, financial statements, and your credit score. Commercial operators must also have a registered ABN and generally need to have been operational for at least 6 to 12 months. With these documents, we’re able to assess your eligibility and secure the best financing options for you.

Yes, we finance both new and used Kenworth trucks, offering competitive interest rates and flexible terms for both types of purchases. Whether you are looking for a brand-new model or a reliable used truck, we can find the right solution for your specific situation.

A Hire Purchase Agreement allows you to make repayments on a Kenworth truck borrowed from a lender. The lender retains ownership of the truck until the end of the agreed term, after which the vehicle becomes yours. This option is beneficial for businesses looking to own the truck outright after making their required monthly payments.

An Equipment Lease allows you to lease a Kenworth truck instead of purchasing it outright. This option keeps the truck off your company’s balance sheet, which can be beneficial for accounting and tax purposes. At the end of the lease term, you can choose to return the truck, purchase it, or extend the lease.

A Chattel Mortgage involves the lender providing a loan for you to purchase a Kenworth truck, with the truck serving as security for the loan. You own the truck from the outset, but the lender holds a mortgage over it until the loan is repaid. If you default on the loan, the lender can repossess the truck. This option offers ownership benefits and potential tax advantages.

Jade personalises the financing experience by assigning a dedicated broker to each customer from initial contact through to settlement. This service involves the broker handling all the paperwork and lender communication to ensure a smooth and tailored process.