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 self-employed people 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.
Why self-employed applications get declined at banks
Banks want two years of lodged financials showing consistent income. Self-employed income is frequently lumpy, often minimised for tax purposes, and the returns may not be lodged yet. None of that means you cannot service a loan — it means the bank's assessment model cannot see it.
Specialist lenders assess differently: your ABN and GST history, bank statement conduct, the work you have in hand and the vehicle's value. This is exactly what low doc finance exists for, and it is why a self-employed applicant declined by their own bank is routinely approved elsewhere at a workable rate.
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.