Invoice finance for transport and logisticstrucks, trailers, cash flow
Invoice finance in Australia: typically $50k to $20m+ at 80–90% of invoice value, over revolving, settling in 3–10 days once security and entity documents are in hand. An advance against unpaid business-to-business invoices, as whole-ledger discounting, factoring or selective single-invoice funding.
- Truck and trailer finance specialistsWhat we bring
- Funds private-sale purchasesWhat we bring
- Understands defaults in this sectorWhat we bring
Indicative terms in three minutes
Business-purpose and investment finance only. No credit check at this stage.
“My credit history rules me out”
We hear this constantly. The honest answer is that it depends on security, exit and documentation — which is exactly what the enquiry form asks — and that the lenders on our panel — banks, private lenders and specialist funds alike — price those three things, not the label on the borrower.
“The truck is too old to finance” — a fair concern, and one we address in writing before any application is lodged.
“One bad contract shouldn't define the business” — a fair concern, and one we address in writing before any application is lodged.
Typical pain points: Fuel costs eating into margins; Freight paid on long terms; Truck needs replacing now; Previous default still on file; Age of the truck limits finance options. What we bring: truck and trailer finance specialists, funds private-sale purchases, understands defaults in this sector.
How we work.
From the first call to the final drawdown, each step is led by a principal — not a queue.
Tell us the scenario
Purpose, amount, security and timeframe — the qualifier takes about three minutes and every answer maps to how our lender panel assesses invoice finance.
Indicative terms
A specialist reviews the scenario and comes back with an indicative structure, pricing range and the documents needed. Urgent scenarios get a call within minutes during business hours.
Credit and valuation
The lender assesses security, entity and exit. For invoice finance this is typically 3–10 days end to end.
Settlement
Solicitors settle, funds are released, and the deal is tracked to its exit in our CRM so refinancing or the next facility is ready before the term ends.
Questions we are asked.
Can I get truck finance with a default on my credit file?
Often, yes. Specialist truck and trailer lenders in this category see defaults regularly across the sector and assess the vehicle, the contract work available and the current trading position, rather than declining automatically on the credit file. Being upfront about the default and its cause generally helps rather than hinders the file.
Does the age of the truck affect what I can finance?
Yes, older vehicles are financed on more conservative terms — a shorter term and a higher deposit are typical — but age alone rarely rules out finance entirely, particularly where the vehicle has been well maintained and the work is secured.
Can I finance a truck bought privately rather than through a dealer?
Yes, private-sale purchases are funded regularly in this category, provided the vehicle can be properly inspected and valued, and title can be transferred cleanly. The process takes a little longer than a dealer purchase but is well within normal practice.
How does invoice finance work for a freight or logistics business?
It advances a percentage of an unpaid freight invoice, typically within a day or two of the invoice being raised, with the balance paid once the customer settles. It's built specifically for businesses carrying long payment terms from larger customers.
Can a line of credit cover fuel and running costs between freight payments?
Yes, this is one of the most common uses of a business line of credit in transport, drawn against day-to-day costs and repaid as freight payments come in, rather than carrying a fixed loan balance for a fluctuating need. It's typically reviewed periodically as the business's contracts and turnover change.
Is fleet finance different from financing a single truck?
The mechanics are similar — asset finance secured against each vehicle — but a fleet facility is typically assessed on the business's overall contracts and cash flow rather than vehicle by vehicle, which can improve terms across multiple purchases. It's worth discussing both approaches before committing to either one.
How fast can invoice finance settle?
Typically 3–10 days from a complete application, depending on valuation, legal and lender workload. Speed depends on how quickly security and entity documents are available.
How much can I borrow with invoice finance?
Our panel typically funds from $50,000 to $20,000,000+, at 80–90% of invoice value. Larger or more complex facilities are structured case by case across banks, private lenders and specialist funds.
What security is needed?
The debtor ledger. The stronger and more liquid the security, the sharper the pricing.
Is this a consumer loan?
No. Solara arranges business-purpose and investment-purpose finance only. If your purpose is personal or for owner-occupied housing, this product is not suitable and we will say so.
Related finance.
Not quite the right product? Every loan type we arrange.
Most scenarios can be structured more than one way. Browse the alternatives, or tell us the situation and we'll recommend the structure.