Truck Loans – Jade Finance Australia

If you’re buying a truck and trailer as a combo unit or you’re buying a separate trailer, sourcing cheap finance is not a problem with Jade. We offer you the options of Chattel Mortgage, Leasing, Rent-to-Own and CHP for the purchase, secured of course at our cheap interest rates. Loans are available for all types of business operators – sole traders, family set-ups, partnerships, SMEs and large corporates – and we can source those hard to get low docs and no docs options for start-ups. Find out how we can assist you with cheap trailer finance.

Upfront we want you to know that we are no judgmental when it comes to the circumstances of our customers. We fully understand life happens and people can find themselves in the tricky position of credit issues and especially bad credit. Sourcing a truck loan when you have bad credit can be a major challenge IF you try to do it all yourself. Wer can work with you and handle the process of sourcing possible options to save you time and a lot of hassles and obstacles. We have access to lenders that can be more flexible and will make workable bad credit business loan offers. Find out what we can do to assist you.

What is a Chattel Mortgage - most widely-used form of business finance for the acquisition of wide range of assets including trucks. Known by some banks simply as Equipment Loan, the Chattel Mortgage is versatile and straightforward and when secured at our cheap interest rates, extremely cost-effective. The truck is used as collateral, the interest rate is fixed as is the loan term and repayments plus you have the option for a balloon to reduce the monthly outgoings. This is the most suitable finance for accelerated asset depreciation tax measures and very popular for many businesses. Find out if it will suit you by checking out the features and benefits.

Not to be confused with hiring a truck for a day, Rent-to-Own is a loan type which works towards the borrower owning the truck at the end of the loan term. It allows businesses to avoid having the truck listed as an asset on their balance, while providing them full use of a vehicle and easy monthly rental payments. We advise customers discuss the loan options with their accountant, so check out the loan features so you’re across the detail or just call us for more information.

Leasing is an off-balance sheet loan option as the heavy vehicle does not get entered on the borrower’s accounts as an asset/liability. It remains on the lender’s balance sheet, a strategy which can present advantages and benefits to many businesses. Our consultant will source you the cheapest interest rate lease deal and structure the loan with the fixed term and repayment schedule that will work with your cash flow. A residual is an option which can be used to reduce the amount due each month. Read all the details to see if leasing will work for your purchase.

Commercial Hire Purchase is also known as just Hire Purchase or CHP and is a type of financeing which can suit many businesses. Distinctly different from hiring or renting a truck for a short term, CHP has the objective of ownership at the end of the loan term. We secures all our CHP truck deals at the cheapest interest rate which is fixed for the full fixed loan term. So there’s no need to address or review your finance arrangements until the end of the term. A balloon is allowed which can be used to structure repayments to suit individual cash flow requirements. See if this might meet your requirements by reviewing the loan details.