Your Business for Growth
DriveIQ Finance provides tailored truck and equipment loans, enabling your business to acquire essential machinery and tools. With competitive rates, fast approvals, flexible options, and quick funding, our finance solutions are designed to support your operations without the hassle.
Your Business for Growth
DriveIQ Finance provides tailored truck and equipment loans, enabling your business to acquire essential machinery and tools. With competitive rates, fast approvals, flexible options, and quick funding, our finance solutions are designed to support your operations without the hassle.
Understanding Equipment Financing
Equipment financing is a loan or lease facility tailored for the acquisition of business-related assets. It enables businesses to fund up to 100% of the equipment’s purchase price, often with fixed interest rates and structured repayment terms. This form of financing is strictly for business use and can be applied to a wide range of assets including:
- Cars, utes and vans
- Trucks and trailers
- Primary equipment: forklifts, earthmoving equipment, wheeled construction equipment and agricultural equipment, etc.
- Secondary assets: construction equipment (non-wheeled & non-tracked), engineering equipment, concrete cutters, road marking equipment, generators, compressors and industrial printers, etc.
- Tertiary goods: computer equipment, vending machines, skip bins, shipping containers, food manufacturing equipment, specialised food trucks, medical & dental equipment and gym equipment, etc.
Who Can Apply?
- Has a valid Australian Business Number (ABN).
- Equipment must be used predominantly for business purposes.
Features:
- Low doc options
- $0 upfront deposit (T&Cs apply)
- Flexible loan terms up to 7 years
- Fixed interest rates & repayments
- Optional balloon structure to reduce monthly repayments
- Variable rate options available
- Loans up to $250K for motor vehicle and up to $500K+ for equipment
Benefits:
- Structured repayments to suit your cashflow
- Interest on the loan and depreciation of the equipment may be tax deductible
- Your business owns the equipment from the start
- Finance the vehicles and equipment you need without crippling your cash flow.
Truck Loan Approvals
We finance both new and used trucks purchased from private sellers, dealerships, and auction companies. Our flexible and affordable repayment options are designed to keep your business moving—and keep you coming back.
Truck Loan Approvals
We finance both new and used trucks purchased from private sellers, dealerships, and auction companies. Our flexible and affordable repayment options are designed to keep your business moving—and keep you coming back.