We can find the right Truck loan for you

Oxcel Finance offers a variety of loan structures for truck financing including attractive fixed rates and flexible options

If you are looking to finance the purchase of a truck, Oxcel finance is right place for you!

Oxcel can provide you a truck loan personalised to your personal situation. Most often we do not need financials for businesses over 2 years old to borrow unto $250,000 and can be pre-approved as low as in 10 minutes. Other option is to take out a loan from a bank. You may be able to get a loan specifically for the purchase of a truck, or you may be able to get a personal loan that you can use for the purchase. When applying for a loan, you will typically need to provide information about your income, assets, full financials and credit history. The lender will use this information to determine how much you can borrow and what interest rate you will be charged.

Another option is to finance the truck through the dealership where you are making the purchase. Financing through the dealership can be expensive and stressful, as they have limited access to different products, also does not give you the power to negotiate hard for the price of the asset.

Before taking out a loan or financing a truck, it's important to carefully consider your budget and financial situation. Make sure that you can afford the monthly payments and that the loan terms are reasonable. Shopping around and compare offers from multiple lenders could potentially hurt your credit score and end up getting a high interest rate vs with Oxcel, we will match the right lender in the first place.

Our quotes are complementary and competitive, walk away from the deal if you can find better somewhere else.

We provide financing for the following:

Personal or Business Cars
Buses
Mini Vans
Semi-trailers
Lorries
Dump trucks
Tow trucks
Box trucks
Truck tractors
Flatbeds
Prime-movers
Articulated vehicles
Concrete transporters etc.

Our auto financing comes with the following benefits:

Efficient and convenient application process
Low Interest Rates
Fixed Rates for Low-Doc/No-Doc Loans
Affordable Repayments
Suitable Terms
Private purchases or Dealerships
Dedicated support

Bad Credit Score

Having a bad credit score shouldn’t deter you from securing funds for your dream car. At Oxcel Finance, we understand not everyone will have excellent credit score and that’s why we have the right lenders on panel for people who deserve a second chance. We have helped hundreds of people with bad credit score to secure a loan, and we’ll be glad to help you too.

Low-Doc/No-Doc loans for ABN holders

Low Doc or Low Documentation car loans are only available to self-employed applicants or Australian businesses with an ABN (GST registered), who may struggle to demonstrate consistent revenue over the previous two years. It allows businesses to finance a car without the need for full financials. These loans include a number of borrower restrictions and conditions. For example, the car must be utilized ‘primarily’ for commercial activities.

Similarly, No Doc car loans are available for GST registered ABN holders. Obtaining a No Docs Car Loan can be difficult, as it may require some down payment. You can sit back and relax as we do all of the hard work for you and get you on the road as soon as possible.

Please contact us on 1800 010 001 or Apply Online to get the suitable offers and rates available on the market. We look forward to assisting you in obtaining your dream vehicle!

Truck Finance Calculator

Let's estimate your repayment options

Loan amount ($)

Loan term (year)

Interest rate (%)

Balloon payment (%)

A balloon payment is a lump sum paid at the end of a loan's term

First payment date

Calculate

Get Quote

Your estimated payments are

-

Loan amount

Total interest

Total amount

Balloon

Pay off date

The figures shown in the calculators do not constitute financial advice. Lender policy, term and conditions, fees and charges apply. The results should not be taken as a substitute for professional or finance advice. All reasonable care has been taken in preparing and designing the calculators and tools; however, oxcel finance provides no warranties and makes no representation that the information provided by the calculators and tools is appropriate for your particular circumstances or indicates you should follow a particular course of action

Anytime, Anywhere, Anyhow

We’re a real online business. Get an online quote, electronically sign documents and receive / send funds electronically; there’s no need to leave that couch!

Financial Flexibility

Our lenders have a wide range of options that give you flexibility including early termination fees, variable loan terms and the ability to add a residual

Lifetime Support

Don’t get left alone to figure out how much you owe, changing your details, or assessing your changeover options; we’re here for you over the life of your loan

Anytime, Anywhere, Anyhow

We’re a real online business. Get an online quote, electronically sign documents and receive / send funds electronically; there’s no need to leave that couch!

Financial Flexibility

Our lenders have a wide range of options that give you flexibility including early termination fees, variable loan terms and the ability to add a residual.

Lifetime Support

Don’t get left alone to figure out how much you owe, changing your details, or assessing your changeover options; we’re here for you over the life of your loan.

Common Questions About Car Finance

A car loan (which can be referred to as a secured car loan if security is sought by the lender) involves a finance company lending you the money to purchase an asset and retaining security over it for the life of the loan. Car loans can be arranged for both personal use (such as a consumer car loan) or business (such as a chattel mortgage).

By taking out a car loan to finance your next car you can reduce your overall cash outlay which you may want to use for other purposes (such as taking a holiday!). If you’re a business, a car loan may improve your cash flow, as well as potentially allowing you to claim a tax deduction for the car (check with your accountant for eligibility).

There may be tax benefits if you are financing a car for business purposes. Please visit the ATO website, or speak to your accountant to understand potential tax deductions for your specific purposes. If you are considering a novated lease, you can use our novated lease calculator to get an estimate of the potential savings available.

A secured car loan is a relevant option for an individual or business looking to access lower interest rates and has sufficient serviceability. For an employee of a business looking to salary package benefits of their employment, a novated lease may be more appropriate.

Got more questions?