LOD – Concrete Truck Finance Specialists
We are the specialist LOD (Lorry Owner Driver) Concrete Truck Finance brokers and work extensively with Hanson, Holcim, Nucon, Hy-Tec, Metromix, Concrite, Boral and Hymix LOD’s to secure them amazing ‘Group’ finance rates.
Whether you are upgrading your existing truck now that you have a new long term contract OR you are looking to purchase an existing LOD business with truck and Good Will. We can assist you to secure finance for both.
Now Available – Group Rate – LOD Truck Finance
Terms up to 8 yrs 0 Residual. *Conditions Apply
Our Concrete Truck finance solutions include:
This application format is best when the deal cannot fit into the low doc types listed below. It will enable you to achieve the most cost effective repayments using a full document application. For this reason if the financials stack up most clients go this route.
To commence a Full Document deal for a concrete truck finance policy we will request the following:
- Detailed Asset & Liability Statement for all directors and/or guarantors
- 2016 Business Financials and Tax Return for existing business
- 2016 Tax returns for any Directors of the business
- Current Company Integrated Tax Portal for the existing business
- Detailed Business Finance Commitment Schedule for the business
$500,000 – Concrete Truck Finance Replacement Policy with monthly payments that can be 25% more than your previous finance. This is a no financials product that will allow you to replace your truck even up to 6 months from the end of your last truck loan finished.
You will qualify for this concrete truck finance policy if you satisfy the following:
• Good Credit History
• New repayments are not more than 25% greater than old repayments
• Age of Concrete Truck – New to 7 yrs old
• Goods must be like for like industry related
• Trading for min. 2 yrs in industry
• No private Sales
Self Declared – Concrete Truck Finance Policy
We are also offering a new Self Declared Concrete Truck Loan Policy up to $500,000.
This means that with limited paper work your business can get approval for a concrete truck finance.
You will qualify for this truck finance policy if you satisfy the following:
• Home owner (current rates notice to be provided) AND
• Existing ‘A’ rated commercial credit running for at least 12 months
• Copy of last BAS statment
• Copy of Integrated Tax portal
• Trading for min. 3 yrs in industry
• No private Sales
• Vehicle to be no older than 8yrs old at the end of a maximum 5yr finance term.
Refinancing or Balloon
If you need to refinance your concrete truck loan or the balloon (residual) is due and you would like to finance the balloon, this is the product for you. This is for transactions up to a total of $200,000 and requires ‘No Financials’*
No matter the amount you need financed, we have a finance product which will suite your and your accountants needs.
Check out our list of Concrete Trucks that we have
Contact Us today to discuss your new or used 6×4 or 8×4 cab chassis and agitator purchases. We will definitely find you the best deal with our panel of major lenders.
Also check out our Case Study