Business Car Finance Australia
Australia's home of low-rate business car finance for ABN holders, sole traders and companies. We compare the market, negotiate the best deal and manage everything from application to settlement for a hassle-free experience.
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Business Car Finance & Loans Australia
Looking for competitive business car finance? Whether you need a company car, sales vehicle, or a fleet addition, we compare 80+ banks and specialist lenders to find the best rate for your business.
We arrange finance for sedans, SUVs, hatchbacks, wagons and all passenger vehicles used for business purposes — new, used or demo — from dealerships, private sellers and auctions.
Low-doc business car finance up to $500,000 is available for eligible applicants. No financials required in many cases.
Vehicles We Finance
A selection of options available for this type of finance.
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FAQ
Business Car Finance Australia — Frequently Asked Questions
Common questions about business car finance australia — answered.
What are the current business vehicle finance rates in Australia?
Business vehicle finance rates in Australia currently range from around 5.99% to 14% per annum depending on the vehicle type, ABN history, credit profile and lender. New vehicles for established businesses with clean credit attract the sharpest rates. We compare 80+ lenders to find the best available rate for your vehicle and business situation.
Do I need insurance to finance a vehicle?
Yes. Most lenders require proof of comprehensive insurance before settlement. We recommend arranging it in advance so it doesn't delay your finance — and if you need cover, we can arrange insurance for you as part of the process.
What business vehicles can you finance?
We finance utes, vans, passenger cars, SUVs and light commercials for business use under ABN. Whether you need one vehicle or an entire fleet, we compare 80+ lenders for the best rate.
What is ABN vehicle finance?
ABN vehicle finance allows businesses trading under an ABN to finance a vehicle using their business profile, often accessing better rates and tax benefits than personal finance. Low doc up to $300k with just your ABN and bank statements.
Can I finance a vehicle as a sole trader?
Yes. Sole traders are eligible for business vehicle finance under ABN. We have lenders who specialise in sole trader and self-employed applicants, with low doc options up to $300k.
Is there GST on business vehicle finance?
If you're registered for GST and the vehicle is used for business purposes, you may be able to claim a GST input tax credit on the purchase price. Speak to your accountant about your specific situation.
Can I get vehicle finance for a tradie ute or work van?
Yes. Utes and vans used for business purposes are among the most commonly financed vehicles under ABN. Low doc options are available up to $300k — typically requiring just your ABN, driver's licence and bank statements.
Can I get fleet vehicle finance?
Yes. We arrange fleet finance packages for businesses needing multiple vehicles. Fleet applications can often be structured under a single application with competitive rates based on total volume and your overall credit profile.
What is the difference between a chattel mortgage and a novated lease for business vehicles?
A chattel mortgage is a business-owned finance arrangement where the vehicle is an asset on your balance sheet and you can claim GST upfront. A novated lease is an employee benefit involving salary sacrifice through your employer — payments come from pre-tax salary. For ABN holders and companies buying in their own name, chattel mortgage is typically the more straightforward and common choice.
What types of vehicles can you finance?
We finance utes, vans, cars, SUVs, commercial vehicles, cab chassis and fleet vehicles for business use. Both new and used, from dealerships, private sellers and auctions.
Can I finance a used vehicle?
Yes. Used vehicle finance is available for most makes and models. Age limits vary by lender but used vehicles up to 10–15 years old are financeable through most of our panel.
What is the minimum ABN age for vehicle finance?
Some lenders require 12 months of ABN history. Others accept new ABNs from day one with the right credit profile. We identify the right lender for your situation.
Can I get a no-deposit vehicle loan?
Yes. No-deposit vehicle finance is available for eligible ABN holders with a strong credit and trading profile.
Can I finance multiple vehicles in one application?
Yes. Fleet finance packages covering multiple vehicles in a single application are available. We'll structure the most efficient arrangement across our lender panel.
What is the typical term for a business vehicle loan?
Vehicle finance terms typically range from 1 to 7 years. We'll recommend a term that balances monthly repayments against total interest cost.
Can I claim a business vehicle as a tax deduction?
Yes. Business vehicles financed under a chattel mortgage can generate tax benefits — you can claim the GST upfront and depreciation over the asset's effective life. Speak to your accountant about your specific position.
Can I finance a vehicle from a private seller?
Yes. We arrange finance for vehicles purchased from private sellers anywhere in Australia, including interstate purchases.
Does the vehicle need to be for 100% business use?
Most commercial lenders require the vehicle to be primarily for business use (typically 50%+). For purely personal vehicles, different consumer finance products apply. We'll confirm the right product for your intended use.
Can I trade in my current vehicle?
Yes. Your trade-in can offset the purchase price and reduce the loan amount, which may improve your rate or approval odds.
How long does vehicle finance approval take?
Most applications receive a decision within 24–48 hours. Settlement can often occur within 2–3 business days of approval.
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