Introduction The dream of owning and operating a successful trucking business often begins with a critical decision: securing the right financing. When a new owner-operator or fleet manager begins the search for a truck loan, the first number they typically focus on is the interest rate. It’s a natural inclination; we’re conditioned to seek the…
Introduction When it comes to purchasing trucks for your business in Australia, choosing the right truck finance solution is just as important as selecting the right vehicle. Whether you’re an owner-operator, a growing logistics company, or starting out with an ABN, the process of securing truck loans can be complex, time-consuming, and expensive if you…
Below are 5 factors that a Financier considers when setting the interest rate for Truck Finance transactions. If you’re looking for a great deal on Truck Finance, please call us today on 1300 788 740 or for instant Truck Loan Approval please complete our Online Truck Finance Pre-Approval Form.
Unfortunately, some finance brokers / finance companies quote unrealistic or false interest rates to customers in an attempt to make a finance proposal look more attractive than what it actually is. Interest rate is not the biggest influence on monthly payments relating to truck and heavy equipment finance. It is for this reason, that customers…
When Truck Dealers or Heavy Machinery Dealers advertises 0% finance or some other unrealistic rate such as 2.99%, buyers should instantly start to ask questions as to how they can do this. Would it not make sense from a Commercial Investment point of view, for a business to investment money in other ventures that will…