Food Truck Loans

Food truck loans are specialised financing options designed to help entrepreneurs and businesses purchase or upgrade mobile food service vehicles. These loans allow you to spread the cost of buying and customising your food truck over time, making it easier to manage your cash flow while still investing in the right equipment for your business. Australian Equipment Finance offers competitive rates and flexible repayment terms, ensuring you can launch your food truck without large upfront costs.

Applying for a food truck loan with Australian Equipment Finance is easy. Complete our online application form with details about your income, the type of food truck you want to finance, and your financial history. Once submitted, our team will review your application and provide approval within 24 hours. Whether you're purchasing a new burger truck or converting a van into a mobile coffee shop, our fast approval process ensures you can start serving your customers quickly.

Our food truck loans cover a wide range of mobile food service vehicles, including:

• Coffee Vans: Perfect for serving coffee, tea, and snacks at festivals or on busy city streets.
• Burger Trucks: Equipped to serve gourmet burgers, fries, and sides at events and on-the-go.
• Kebab Trucks: Ideal for offering kebabs, wraps, and other grilled specialties.
• Pop-Up Bars: Mobile bars serving drinks, cocktails, and more at festivals or private events.
• Pizza Vans: Complete with wood-fired ovens or electric setups for serving pizzas.
• Smoothie and Juice Trucks: Great for serving healthy beverages at parks, markets, or events.

No matter what type of mobile food business you want to start, our food truck loans provide the flexibility to finance the right vehicle for your needs.

Yes, Australian Equipment Finance offers food truck loans for both new and used vehicles. Whether you're purchasing a pre-owned food truck from a private seller or investing in a brand-new custom build, our loans give you the flexibility to finance the best option for your business. This ensures you can get the right truck for your needs at a price that fits your budget.

Owning a food truck with a loan offers several key benefits:

• Affordability: Spread the cost of purchasing your food truck over time, making it easier to fit into your budget.
• Mobility: Operate your business anywhere, from festivals to city streets, without the high overhead costs of a brick-and-mortar location.
• Customisation: Financing allows you to invest in custom equipment and branding for your truck.
• Flexibility: Adjust your business operations based on demand, location, and events.

Financing your food truck with a loan allows you to grow your business without large upfront payments, providing the flexibility to adapt to customer needs and market trends.

Australian Equipment Finance offers flexible repayment options for food truck loans. Loan terms typically range from 12 to 84 months, allowing you to choose a repayment schedule that fits your cash flow and business needs. Whether you prefer shorter terms with higher monthly payments or longer terms with lower payments, our loans are customisable to suit your financial situation.

At Australian Equipment Finance, we provide fast approval for food truck loans, with most applications approved within 24 hours. This quick approval process ensures that you can secure the financing needed to purchase your food truck and start your business without unnecessary delays. Whether you're serving coffee, kebabs, or gourmet meals, our fast approval means you'll be ready to serve your customers in no time.

Yes, Australian Equipment Finance offers loans that can include additional costs such as kitchen equipment, branding, or customisation of your food truck. Whether you're adding a coffee machine, grill, or custom signage, our loans provide the flexibility to finance everything you need to get your truck fully equipped and ready for business.

Yes, you can refinance your food truck loan if you find better interest rates or more favourable terms. Refinancing allows you to replace your existing loan with a new one, potentially lowering your monthly payments or reducing the total interest paid over time. Australian Equipment Finance can help you explore refinancing options to ensure you're always getting the best deal on your food truck loan.

Interest rates for food truck loans depend on several factors, including your credit score, the loan amount, and the repayment term. Australian Equipment Finance offers competitive interest rates designed to keep your monthly payments affordable. We provide transparent loan terms with no hidden fees, allowing you to fully understand your financial commitment before signing the loan agreement.

Yes, Australian Equipment Finance provides loans for businesses that want to finance multiple food trucks. Whether you're expanding your mobile food business or adding new trucks to serve different locations, our loans offer the flexibility to finance a fleet of food trucks. This is ideal for businesses looking to grow their operations and reach more customers.

In many cases, businesses that finance food trucks can deduct the interest paid on the loan and claim depreciation on the truck as a business asset. This can help reduce your overall tax liability. It's recommended that you consult with a tax professional to fully understand the specific tax benefits available for your business when financing food trucks.

Yes, Australian Equipment Finance allows you to include additional costs such as marketing, event fees, and permits in your food truck loan. This ensures you have the financial support to not only purchase and equip your food truck but also to promote your business and attend key events or festivals.

If you need to sell your food truck during the loan term, you have several options. You can pay off the remaining balance on the loan with the proceeds from the sale or negotiate with the buyer to assume the loan. Australian Equipment Finance can help facilitate the process to ensure the sale is handled smoothly and in accordance with your loan agreement.

Yes, Australian Equipment Finance allows early repayment of food truck loans without penalties. This gives you the flexibility to pay off your loan ahead of schedule, reducing the total interest paid and freeing up your finances sooner.