Food Truck Finance
Ready to launch your mobile food business? We help aspiring food truck owners finance their dream setup - from the base vehicle to the complete kitchen fit-out. Whether you're after a coffee van, food trailer, or fully equipped food truck, we'll find finance that works.Finance your food truck or mobile catering business. Include equipment fit-out in your loan.
Finance the vehicle and equipment together
Mobile Food Business Finance
The food truck industry is booming in Australia. From inner-city lunch spots to weekend markets and major events, mobile food businesses offer a more accessible path to food entrepreneurship than traditional brick-and-mortar restaurants.
At Your Lending Friend, we help food entrepreneurs finance their mobile food dreams. We understand that a food truck is more than just a vehicle - it's a complete commercial kitchen on wheels. That's why we can help you finance the total package, including equipment and fit-out.
New business? We have options for first-time food truck owners with solid business plans.
Types of Food Trucks We Finance
From coffee vans to complete commercial kitchens
Custom Food Trucks
Purpose-built food trucks with full commercial kitchen fit-out. Finance the complete package.
Converted Vans
Mercedes Sprinter, Ford Transit, or Iveco conversions. A popular cost-effective option.
Food Trailers
Towable food trailers that can be set up at events and markets. More affordable entry point.
Coffee Vans
Specialised mobile coffee setups. Compact options through to full-service coffee trucks.
Ice Cream Trucks
Mobile ice cream and gelato setups with refrigeration. Seasonal business options.
Pizza Trucks
Wood-fired or conventional pizza ovens on wheels. Complete pizza operation setup.
What You Can Include in Your Finance
Finance the complete food truck package in one loan - simpler and often more cost-effective than separate finance for each component.
Example Package Finance
How Food Truck Finance Works
From business plan to serving customers
Plan Your Setup
Whether you're buying a complete food truck or converting a vehicle, we can finance the total package including equipment fit-out.
Get Your Quote
We work with lenders who understand food service businesses. Provide your business plan and we'll find competitive options.
Choose Your Structure
Chattel mortgage, hire purchase, or equipment finance - we'll explain which structure works best for your tax situation.
Start Your Business
Once approved, we settle with your supplier. Get council permits, complete your fit-out, and start serving customers.
Checking your options won't affect your credit score
Council & Permit Considerations
Important things to plan for alongside your finance
Operating Permits
Most councils require a mobile food business permit. Application requirements and fees vary by location.
Food Safety Registration
You'll need food safety registration with your local council. This includes food handler certification.
Location Approvals
Trading locations often require specific approvals. Popular spots like markets have their own application processes.
Vehicle Compliance
Your food truck must meet road regulations. Converted vehicles need engineering certification.
Tip: Research your local council requirements and potential trading locations before committing to finance. Some councils have specific requirements that could affect your food truck design.
New to the Food Business?
Starting a food truck is an exciting venture, and you don't need years of business history to get finance. We work with lenders who consider new businesses with solid plans. Your industry experience, menu concept, and identified trading locations all matter.
Food Truck Finance FAQs
Common questions about financing your mobile food business
Yes, most lenders will allow you to finance the complete food truck package including the base vehicle, kitchen equipment, fit-out, generators, and even signage. This can be simpler and more cost-effective than arranging separate finance for each component.
Yes, food truck finance is business finance, so you'll need ...
Yes, food truck finance is business finance, so you'll need an ABN. If you're starting a new business, you can register for an ABN online through the Australian Business Register. Some lenders will consider new ABN holders if you have relevant industry experience or a solid business plan.
Deposit requirements typically range from 10-30% depending o...
Deposit requirements typically range from 10-30% depending on your credit profile, business history, and the lender. New businesses may need a larger deposit. Having some equity in your food truck can help you get approved and secure better rates.
Possibly. We work with specialist lenders who consider appli...
Possibly. We work with specialist lenders who consider applications from borrowers with less-than-perfect credit. If your business has strong cash flow or you can provide additional security, options may be available. We'll discuss your situation honestly.
Typically you'll need: ABN registration, business bank state...
Typically you'll need: ABN registration, business bank statements (3-6 months), BAS statements if registered for GST, a business plan or menu concept, and details of your food truck purchase. New businesses may need to provide more detailed business planning documentation.
This depends on your situation. Buying (via chattel mortgage...
This depends on your situation. Buying (via chattel mortgage or hire purchase) gives you ownership and potential tax benefits like depreciation. Leasing can mean lower upfront costs and predictable payments, with flexibility to upgrade later. We'll help you compare options.
Yes, we can finance quality used food trucks. The age and co...
Yes, we can finance quality used food trucks. The age and condition will affect your finance options. We recommend getting a mechanical inspection and ensuring all equipment is in good working order before purchasing.
Food truck finance terms typically range from 2-7 years. Sho...
Food truck finance terms typically range from 2-7 years. Shorter terms mean higher repayments but less interest overall. Longer terms ease cash flow but cost more in the long run. We'll help you find the right balance for your business.
Still have questions? Contact our friendly team