Overdrive Funding arranges competitive business vehicle finance for Australian businesses. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish.
Overdrive Funding arranges competitive vehicle finance for companies across Australia. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish.
What you can finance
Cars, utes, vans and light commercials, new or used, from dealers, private sellers or auctions anywhere in Australia, plus fit-outs purchased at the same time. See our business vehicle finance page for the full range.
Company structures and director guarantees
Financing through a Pty Ltd does not remove personal exposure in most cases — lenders typically require a director's guarantee, so your personal credit file still matters. What the company structure does change is the tax treatment and, once you are running several vehicles, how the facilities are best arranged.
Fringe Benefits Tax is the consideration that catches companies out. A vehicle available for an employee's private use can attract FBT, which is a real cost that sits outside the finance entirely. Utes and vans meeting certain conditions may be exempt, and eligible electric vehicles have their own treatment. Confirm with your accountant before you assume.
Rates and deposits
Established ABN (2+ years), new vehicle, full doc
Established ABN, used vehicle, low doc (no financials)
Newer ABN (under 12 months)
Prior credit issues or specialist lending
| Borrower profile | Indicative rate | Typical deposit |
|---|---|---|
| Established ABN (2+ years), new vehicle, full doc | From 6.1% | $0 – 10% |
| Established ABN, used vehicle, low doc (no financials) | 7% – 10% | 10% – 20% |
| Newer ABN (under 12 months) | 9% – 12% | 10% – 30% |
| Prior credit issues or specialist lending | 12% – 15% | 20% – 30% |
Rates are indicative only and subject to lender assessment, the vehicle, term and your individual circumstances. Low doc (no financials) business vehicle finance is available up to $300k for the right profiles.
Get a quote
Looking for the best rate? You're in the right place. Speak directly with Simon and our team, or get a free quote online. Our service is completely free. We're paid by the lender only after a deal settles, so there's no cost to you—even if you choose not to proceed.
Get a quote
Looking for the best rate on business vehicle finance? You're in the right place. Speak directly with Simon and our team for a free, no-obligation quote, or get a free quote online. Our service is completely free. We're paid by the lender only after a deal settles, so there's no cost to you—even if you choose not to proceed.