Overdrive Funding helps Australian couriers access competitive vehicle finance. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish — new or used, from dealers, private sellers or auctions anywhere in Australia.
In courier work the van is the business. It runs high kilometres, it is the entire revenue-generating asset, and downtime costs you the day — which makes reliability and the finance structure behind it more important than in almost any other trade.
What couriers finance
- Large vans — Sprinter, Crafter, Deliver 9, Transit, Master
- Mid-size vans — Transit Custom, Transporter, Staria Load, Vito
- Compact vans — Caddy, G10, Partner
- Refrigerated vans for food and pharmaceutical delivery
- Electric vans for fixed metro routes
- New, used, ex-fleet, dealer, private-sale and auction purchases
We only finance vehicles located in Australia. See our business vehicle finance page for the full range, rates and how approvals work.
High kilometres are normal — structure for them
A courier van can do 60,000km a year, which means it hits a lender's age and kilometre thresholds faster than a tradie's van doing 15,000. That affects your resale and your balloon. Setting a large balloon on a van that will have 300,000km on it at the end of the term is how operators end up owing more than the vehicle is worth.
Contract work and finance
If you are subcontracting to a major carrier, that contract is an asset in your application — it evidences the income servicing the loan. Present it with the application rather than mentioning it later, particularly if you are on a newer ABN. Electric vans can work well on fixed metro routes where the daily range is predictable, though resale data on EVs is still forming.
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% |
Low doc (no financials) business vehicle finance is available up to $300k for the right profiles. Deposits generally range from 10% to 30%, with $0 deposit available on stronger applications. Rates are indicative only and subject to lender assessment.
Get a quote
Looking for the best rate on vehicle finance for your business? 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.