Truck & Trailer Sale and Lease Back Finance

Your trucks, prime movers and trailers are some of the most valuable assets your transport business owns. A sale and lease back lets you release the cash tied up in them without taking them off the road. A lender buys your truck or trailer and leases it straight back to you, so your rigs keep working while you free up money for fuel, wages, new contracts or adding to your fleet. Trucks and trailers are our main specialty, so we know which lenders understand transport businesses.

How it works

Tell us about your trucks and trailers. Your trucks, prime movers and trailers – rigid, B-double, tipper, refrigerated, curtain-sider and more – owned outright or with some finance still owing. We can also look at earthmoving and other equipment.
We assess and match a lender. We review your situation and present it to lenders whose policy suits your business.
The lender buys the asset. The agreed amount is paid to you, after any existing finance on the truck or trailer is paid out.
You lease it back. Your trucks and trailers stay on the road, and you make regular repayments over an agreed term.

Who it suits

Transport, logistics and freight businesses with owned trucks, prime movers and trailers
Fleet owners wanting to fund extra trucks or trailers for a new contract
Operators needing cash for fuel, tyres, rego, repairs or wages without selling a truck
Owner-drivers looking to free up equity in their rig. We can also help earthmoving and agricultural operators with owned machinery.

Features & Benefits

Frequently Asked Questions

1. What is sale and lease back finance?

It’s when a lender buys an asset you own, such as a truck, prime mover or trailer, and leases it back to you. You receive the funds and keep using the asset while you make lease repayments.

2. Can I do a sale and lease back if I still owe money on my truck or trailer?

Often yes. The existing finance is usually paid out from the proceeds, and you receive the difference. We’ll check this with the lender for you.

3. What kinds of assets can be used?

Mainly trucks, prime movers and trailers of all types – our specialty. We can also look at earthmoving, agricultural and other business equipment. Lenders have age and condition limits, which we’ll confirm for your truck or trailer.

4. Will I lose the use of my trucks?

No. Your trucks and trailers keep working as normal throughout the lease.

5. Is it suitable for a new business?

Some lenders consider newer businesses. Give us a call on (03) 9324 7971 to talk through your situation.