Get Started
Compare 60 lenders in under 2 minutes
Loan Amount
This won't affect your credit score
Lower Rates, Higher ROI on Tow Truck Loans
Competition can be extremely strong in the vehicle recovery and towing sector. Operators need to keep a sharp eye on costs to ensure a profitable bottom line. When acquiring new vehicles, keeping outgoings on budget can start with securing lower interest rates on funding to realise expected ROI.
We assist buyers of tilt and towing vehicles with lower rate credit which can factor out to lower repayments and potentially higher ROI. Providing an affordable, cost-effective solution to enable operators to meet targets and profitability.
This won't affect your credit score
Compare Our Lower Interest Rates on Tow Truck Finance
The interest rate on vehicle funding can be critical to achieving a workable repayment schedule and to making the overall acquisition a viable option. Rates directly impact repayments which in turn impact cash flow. With our vast lending market coverage, expertise and leverage within the market, we have a proven record for achieving lower rates across our portfolio. Rates can vary with choice of credit product and with individual applicants. Tilt vehicle buyers can refer to our latest rates for initial planning and comparisons and contact us for a quote, specifically sourced to meet their requirements.
| Loan Product | Interest Rate | Monthly Repayment |
| {{Loan Product}} | {{From - Advertised Rate}} {{Rate Type}} |
${{Payment Amount}} Monthly |
Disclaimer: * The comparison rate displayed is calculated for a loan of $30,000 over 5 years. The results from this calculator should be used as an indication only. Quoted repayments are based on advertised rates and do not include lender fees and charges. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you speak with us so that we can provide you with advice that is tailored to your situation.
Today's best rate
Finance Equipment From
4.99 % Fixed
* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Today's best rate
Finance Equipment From
4.99 % Fixed
* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.
Get Affordable Tow Trucks Loans with our Specialist Brokers
The lending market for commercial funding is extensive with both banks and non-bank lenders vying for their market share. Presenting a competitive but somewhat confusing scenario for operators undertaking the funding search themselves. The smart alternative that many astute operators opt for is to use a broker to source their vehicle funding.
Using our specialist vehicle lending services offers operators a streamlined, efficient and effective means of securing affordable funding on commercial vehicles. Our services can be utilised by all set-ups, both large and small, new and well-established, through direct contact with no referral required.
Our role is to handle the vehicle funding on behalf of our clients. From initial contact, identifying the right lender for each client, sourcing which lender is currently offering the lowest rates, negotiating on terms and conditions, structuring the offer for tax optimisation and arranging settlement.
Heavy vehicle funding is a key area of our operation and over our 20+ years in the sector we have attained extensive lender accreditations and experience. We are an Australian company with brokers who are based here, up to date with the latest asset acquisition tax rulings, sharp with commercial financials and with connections that facilitate direct negotiation with lenders.
Operators in all industries and in all areas of Australia can contact us directly and utilise our expertise, resources and capabilities to achieve lower rates and more cost-effective vehicle funding.
- 20+ years experience – heavy vehicle lending experts.
- Australian commercial finance broker company.
- Nationwide services – all industries, all business set-up.
- Sharp financial acumen, tax optimised solutions.
- Individual, customised service and solutions.
- Member FBAA, Licensed Credit Provider.
How to Access the Right Lenders for Financing Tow Trucks
Connecting with the lender that best suits an individual operation can be key to securing the lowest rates and most workable funding. While the commercial vehicle lending market is large, banks and lenders vary in their approval criteria, lending guidelines and rates. We are accredited with a vast number of both banks and non-bank lenders and we know the matrix used by each to assess applications and prepare offers.
We utilise our intel and industry-level contacts to connect with the lender that best matches the profile of each of our clients. Many of our lenders are industry-only contacts. They do not offer services directly to commercial operators but only via their broker network. Providing our clients with access to opportunities well beyond their own resources.
Connecting with the right lender can result in more flexibility in regard to approvals, lower rates and more workable credit terms and conditions. Factors which can be critical in ensuring funding works with cash flow and delivers on ROI expectations.
- Access to 80+ lenders – banks and non-bank lenders.
- Specialist tow truck finance lenders.
- Lower tow truck loan rates through the right lenders.
All Loan Types for Financing Tow Trucks
In addition to connecting with the right lenders, the choice of credit facility can also be critical to realising the most effective vehicle funding outcome. Buyers of tilt and slide, loaders, towing vehicles and other recovery vehicles have a choice of a number of funding products. Each have varying features which suit varying commercial structures, accounting methods, balance sheet approach and tax strategies.
Due to the variations relating to accounting measures and practices, we strongly advise our clients to refer to their accountant to ensure the most suitable option is selected. All products can suit both used and new vehicles.
When sourcing funding for our clients, we secure fixed interest rates, fixed terms up to 7 years and balloon and residual options are available.
- Chattel Mortgage Tow Truck Finance
- Tow Truck Lease
- Rent-to-Own Tow Truck Loan
- Commercial Hire Purchase Tow Truck Finance
- New and Used Tow Truck Loans
Specialist Tow Truck Finance Solutions – Start-ups, ABNs, Sole Traders
As commercial lending specialists, we provide workable solutions for all types of enterprises working in the vehicle recovery sector. This is an attractive industry for many owner-operators and we cater for new start-ups with specialist lender connections.
- Low Doc No Doc Tow Truck Loans
- Tow Truck Financing for ABN, Sole Trader, Self-employed Operators
- Without Financials Tow Truck Loan
Fast Tow Truck Loan Approval to get you first to the jobs ASAP
We understand the competitive nature of the vehicle recovery industry and the need to often be first at the scene to get the work. We assist operators obtain new vehicles quickly with fast credit approvals, prompt attention and a streamlined, efficient credit sourcing service.
FAQs
Tow Truck Financing
Operators can select from Lease, Rent-to-Own, CHP and Chattel Mortgage to fund commercial heavy vehicles.
Interest rates on commercial funding are based on an individual assessment of the application. Rates advertised by lenders will typically be for good credit applicants with full financials and for new vehicles and may be used as a guide for planning.
Operators without all the financials and that do not meet all lender criteria may seek lenders and brokers that offer low doc and no doc options.
The term approved to an individual applicant will depend on lender approval and guidelines. Terms of up to 7 years can be offered on heavy vehicle funding.
Treatment of tax varies with the different credit products. Repayments on Lease and Rent-to-Own are fully deductible. The interest portion of repayments is deductible for Chattel Mortgage and CHP. CHP and Chattel Mortgage realise a deduction through asset depreciation.
Where vehicle funding is secured with a fixed interest rate, that rate will remain unchanged over the credit term.
A credit calculator does not include fees and charges and does not make allowance for variations in credit profiles and applications. The results obtained on a calculator are for use as a guide only and any offer can be different from that result.
The balloon with CHP and Chattel Mortgage is the percentage of the credit total due for payment at the end of the term.
A calculator can be used to compare estimates of different credit products.
The vehicle is typically accepted as security with commercial vehicle funding. Some applicants may be required to provide additional security.
Our Lenders
Trusted by 60+ lenders Australia-wide
Trusted by 60+ lenders Australia-wide
