Compare Rates Lenders Options
Full Doc Loan Finance
A Full Doc Loan is a traditional finance application requiring the submission of complete financial statements and tax returns to verify income, which typically secures the most competitive interest rates available.
Our Trusted Finance Partners
Full Doc Loan Finance
Overview of a Full Doc Loan for Truck Finance
A Full Doc Loan is a traditional financing application method where the borrower must provide the lender with a complete set of financial documents to verify their income and ability to repay the loan. This means supplying full documentation of the company's financial health, which is the historical benchmark for securing commercial finance.
This process typically requires the business to submit its most recent financial statements (often the past two to three years of Profit & Loss and Balance Sheets), corresponding tax returns for the business, and personal tax returns for the guarantors. This deep dive allows the lender to fully assess the financial risk and stability of the borrower's enterprise.
While the process is more detailed than "low doc" options, the advantage of a Full Doc Loan is that it usually provides access to the most competitive interest rates and the most flexible terms in the market. By clearly demonstrating strong serviceability and financial stability, clients secure premium funding conditions for their heavy vehicle acquisitions.
Compare Lenders Now
Apply Now for Online Pre-Approval up to $500K without affecting your credit score.
Higher Borrowing
Features of a Full Doc Loan Facility
- This form of financing means clients can secure the best interest rates, particularly if servicing position is strong
- Applicants and applications have a high level of scrutiny to abide by governmental legislation and responsible lending practices
- Company needs to service company debts, whilst personal tax returns need to service personal commitments
- Gives access to funding for specialist type goods – drilling rigs, tower cranes
- Provides a higher level of total borrowing for a customer
- Assessment times can be longer on full doc compared to low doc, due to the additional level of financial analysis required
- Higher level of financial analysis required on large applications
Tax Advantages
Benefits of a Full Doc Loan Facility
- This form of funding allows client more choices with what equipment they purchase
- Provides access to a higher level of capital compared to either Low Doc of No Doc funding options
- Allows customers the ability to obtain a good credit history through the National Credit Reference Scheme
We Make Heavy Vehicle Finance Quick and Easy for Business Owners Australia Wide.
Start Now and complete our Quick Assessment Form to obtain a Pre-Approval up to $500K – decision within a few seconds.
Alternatively, you can call one of our Finance Consultants to discuss your funding scenario.
Example Breakdown
Example Funding Scenario
- Purchase Price of 5 prime movers
- Client provided 2 years company financials and 2 years personal tax returns
- Client provided tax portals on the integrated and income tax accounts
- Loan Amount – $1,750,000 (gst inc)
- Facility Type – Chattel Mortgage
- Term – 60 months
- Balloon – 30%
Outcome
- As financial statements were available, client was able to obtain 5 prime movers that would reduce their repair and maintenance expense by approx. $500K per annum
- Client was able to source trucks that met their required specifications
- This type of funding package allowed them to maximise their borrowing capacity and would ultimately give them greater access to capital in the future
Customer Reviews
Our customers say it best. Find out what it's like dealing with the Experts in Truck Finance. You could be the next success story.
Nathan you are fantastic to deal with. Always prompt with deals never a hiccup. After 8 truck deals will never use another broker. Keep up the great work you make my life stress free.
TH
Tracey Hall
Scone Equine Transport Pty Ltd
I have been dealing Heavy Vehicle Finance since 2014 and have found them be nothing short of amazing.They have funded various trucks and trailers for me over the years and its a fantastic feeling to know that I still have the same account manager after all of these years of business.It is very good to know that a finance approval is only a phone call away.
CW
Colin Wallace
Palanquin Pty Ltd
I have used the team at Heavy Vehicle Finance twice now for our financing needs for prime movers and side tippers. A Great team to work with and very prompt and professional. We will use again in the future.
JC
James Coustley
JJC Civil
I have used Nathan and his team for multiple purchases for our earthmoving company and Nathan has gone above and beyond to help us with expanding our business. I couldn’t recommend Nathan more highly.
SW
Sam Wood
Sureflo Plumbing & Roofing Contractors Pty Ltd
We used Heavy Vehicle Finance for the purchase of our Truck. They went above and beyond for us and made sure that the process was as stress-free as possible. The entire interaction was nothing short of amazing. We will definitely be using them again in the future.
MM
Meagan McNicholl
Next Gen Transport Pty Ltd
Can’t thank Nathan enough for how fast and professional he was with organising my finance for my new truck. He was straight to the point with no stuffing around. Highly recommended
TH
Tim Hartas
Hartrax Contracting Pty Ltd
Heavy Vehicle Finance Calculator
Looking to buy a New or Used Heavy Vehicle? Try our Simple Heavy Vehicle Loan Calculator to estimate your weekly payments and take the guesswork out of your next Heavy Vehicle purchase.
Why Us?
Unlock the Benefits of Heavy Vehicle Finance for Your Full Doc Loan
- Heavy Vehicle Finance backed by 20 Years Industry Experience. Heavy Vehicle Finance that will work for you.
- Quick, Easy and Obligation Free. Heavy Vehicle Finance Pre-Approvals up $500K.
- We deal with Owner Drivers and Fleet Operators Australia Wide. We will help you save thousands on your next Heavy Vehicle Loan.
- We're trusted across the Transport Industry as a leading provider of Heavy Vehicle Finance. Our applicants receive funding options tailored to their business needs, delivered efficiently by experts who understand Heavy Vehicle Industry.
- Typically No Financials are required for loans up to $500K and our unconditional approvals take only 24 hours.
- Our flexible policy matrix will give you greater access to capital—so you can secure the Heavy Vehicle and Heavy Equipment you need to grow your business faster and with more confidence.
- Our customers are assigned a dedicated Relationship Manager to help guide them through the process from start to finish.
Let us Finance
the Road to Your
Future
Complete our Simple Quick Assessment Form and let us go to work on finding the best Finance Deal on your New or Used Heavy Vehicle.
With over 20 years experience and thousands of deals done, we are on your side to get the best possible rate.
Heavy Vehicle Finance News
Explore the latest trends, tips, and insights in Heavy Vehicle Industries. Get the inside knowledge.
Why Your Credit Score Matters for Truck Finance in Australia
Introduction: Truck Finance and Your Credit Score If you’re planning to finance a truck in Australia – whether you’re an owner-driver, small fleet operator, or logistics business – your credit score is one of the most important factors lenders consider. A good credit score opens doors to better truck finance options, lower interest rates, and […]
Beyond the Rate: Why Truck Loan Payments Matter More Than Interest
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 […]
Why It’s So Important to Use a Finance Broker for Truck Finance in Australia
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 […]