Refinance an existing truck, equipment or vehicle loan — better rate, lower repayment, or release equity.
Refinancing an existing asset loan can pay off in three ways: a lower interest rate (markets move; what was competitive 3 years ago may not be now), a lower repayment (extending the term), or releasing equity built up against the asset for working capital or another purchase.
The exit fees on the existing loan and the establishment fees on the new one need to be netted off any rate saving — sometimes the maths works, sometimes it doesn't. AYIO Financial specialists model both scenarios before recommending an approach.
Refinance is most powerful 18-36 months into a 60-month deal where there's genuine equity in the asset and rates have moved meaningfully. Submit your current loan details for an obligation-free assessment.
5-minute enquiry — we'll refer your details to a licensed credit specialist for review.
We hold Australian Credit Licence 570670 and provide credit assistance. We are not a credit provider ourselves — we arrange finance from a panel of accredited Australian lenders. Any credit contract is between you and the lender.
No fee for the enquiry. Some lenders charge an establishment fee on the loan itself if it proceeds — that's disclosed up-front before you sign anything.
Initial response within 48 hours. Final approval depends on the supporting documents and lender — typically 2-5 business days.