Yes, no-deposit finance is available for concrete trucks in Australia, with options to fund up to 100% of the purchase price for eligible ABN holders. This means you can add an agitator, pump truck or full mixer setup to your fleet without drawing down cash reserves, provided your application stacks up with the lender.
Why No-Deposit Finance Suits Concrete Truck Operators
Concrete agitators and pump trucks are expensive, specialised assets, and tying up cash for a deposit can leave a business short when it needs working capital for fuel, crew wages or the next big pour. No-deposit finance lets you put the equity in the truck itself to work, financing up to 100% of the purchase price so your cash stays in the business rather than sitting in a vehicle.
How No-Deposit Truck Finance Works
Rather than a single lender dictating terms, a broker compares options across 80+ banks and non-bank lenders to find a structure that fits your cash flow, whether that's a chattel mortgage, finance lease or novated arrangement. For an established concrete business with strong financials, 100% finance may be achievable subject to approval; for newer operators, a smaller contribution or a trade-in can help support a no-deposit outcome.
Loan Amounts, Terms and Rates
Concrete truck finance is typically available from $20,000 up to $10 million or more, covering everything from a single second-hand agitator to a full mixed fleet with pump trucks and support vehicles, over terms from one to seven years to match the asset's working life. Rates start from 6.55% p.a. for stronger applications, rising to around 15% p.a. for higher-risk profiles, and are always indicative, subject to lender criteria, credit assessment, fees, terms and approval.
Low-Doc and Full-Doc Options for Concrete Businesses
Not every concrete operator has fully audited financials ready to go, and lenders understand that. Low-doc, lite-doc and no-doc options are available for finance up to $500,000, using bank statements and business activity rather than full tax returns, while full-doc applications can support finance up to $10 million or more for larger fleet purchases and expansions.
New, Used and Specialised Concrete Equipment
Whether you're after a new agitator truck, a used concrete pump, a boom pump, or a mixer-and-chassis combination, finance can be structured around the specific asset and its expected resale value at the end of the term. Purchase prices vary widely depending on the make, model, age, condition and configuration of the equipment, and this flexibility matters in the concrete industry, where equipment choices vary widely between metro delivery work and larger commercial or civil projects.
Getting Approved Quickly
Concrete businesses often need to move fast when a job requires extra capacity or an existing truck goes down. Same-day pre-approvals may be available, with formal approval often confirmed within 24 to 48 hours on eligible applications, subject to lender assessment, so you can move quickly and help keep projects on schedule.
Get an Obligation-Free Quote
If you're weighing up a new or used concrete truck and want to know what no-deposit finance could look like for your business, Overdrive Truck Finance can compare options across our panel of 80+ lenders and put together a tailored, obligation-free quote. Enquiring is a soft credit check only, so it won't affect your credit score, making it a low-risk first step before you commit to anything.
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