Finance for the utes, vans, trucks and fleet cars your business runs on — compared across a panel of lenders, not a single dealership desk.
Utes, vans, trucks, fleet cars and dealer-plated stock — funded so the asset pays for itself
Most business owners buy a work vehicle the same way they bought their last personal car — walk into a dealership and take whatever finance is on the desk. That is usually the most expensive money in the room. Dealer finance is a single product from a single funder, priced for convenience.
Business vehicle finance is a different market. The asset secures the loan, so rates sit well below unsecured business lending, and the structure you choose changes both your tax position and your monthly cash flow. A chattel mortgage puts the vehicle on your balance sheet and may allow you to claim the GST on the purchase price in your next Business Activity Statement. A lease keeps it off balance sheet. Which is better depends on your entity, your accounting method and how long you will keep the vehicle — which is why this is a conversation with your accountant as well as your broker.
We arrange finance across cars, utes, vans, prime movers and trailers, for sole traders through to companies running a fleet.
The single most financed asset class in Australian small business. New or used, dealer or private sale.
Trades, couriers and mobile services. Fit-out and signage can often be bundled into the same facility.
Rigid and articulated, plus trailers. Older assets are financeable, though age affects term and rate.
Single vehicles or a whole fleet under one facility, with a limit you can draw against as you replace units.
Because you are comparing one product against a market. A dealership is paid to place finance with its own funder, and the rate quoted is rarely the sharpest available for your profile. It also tends to be quoted as a monthly repayment rather than a rate and term, which makes comparison difficult by design.
We hold accreditation across bank and specialist asset finance lenders and place the deal where the credit appetite actually fits — which matters more than it sounds. Lenders differ sharply on used-asset age limits, private-sale funding, ABN and GST registration periods, and whether they will lend to a business under two years old. Being declined by one funder is common; it rarely means the deal is not financeable.
Our fee is paid by the lender on settlement, so the comparison costs you nothing.
Four common structures — the right one depends on your tax position
You own the vehicle from day one and the lender takes security over it. The most common structure for businesses registered for GST.
The lender owns the asset until the final payment, then title transfers to you.
The lender owns the vehicle and you lease it for a fixed term, with a residual at the end.
A three-way arrangement between employee, employer and financier, paid from salary.
We explain each structure in more detail on our equipment finance page. The tax treatment of each is a matter for your accountant — we arrange the finance, not the tax advice.
Often yes, though it narrows the lender list. Some funders want an ABN registered for two years and GST registration; others will consider a newer business where the director has industry experience, a clean credit file and a deposit or trade-in. This is exactly the situation where comparing lenders matters — a decline from one is not a decline from the market.
It depends on your entity type, whether you report GST on a cash or accruals basis, how long you intend to keep the vehicle and how you want it treated on your balance sheet. A chattel mortgage is the most common choice for GST-registered businesses because the vehicle is yours from settlement. We will set out the options and the repayment difference; the tax treatment should be confirmed with your accountant before you commit.
Yes to both, with conditions. Lenders apply limits based on the age of the asset at the end of the term rather than at purchase, so an older vehicle usually means a shorter term. Private sales are financeable but need additional verification — a roadworthy, a PPSR check to confirm there is no existing security, and confirmation of the seller's details.
No. The lender pays the broker a commission on settlement, so our service is free to you. What it costs you to go direct is the comparison — a single lender quotes a single product, and dealer finance in particular is often presented as a monthly figure rather than a rate and term.
Tell us what you need to buy and how you use it. We will come back with structures and lenders that fit — not a single bank's one option.
Book a Chat