Key highlights
- No-deposit / 100% finance may be available
- Fund the full purchase price without tying up cash
- Strong credit and an established ABN help you qualify
- 80-plus lenders compared for no-deposit options
- Soft-check quote won't affect your credit score
Yes, 100% ute finance is available to many businesses, meaning you can potentially fund the full purchase price without a deposit. Whether you qualify comes down to your profile and the lender you approach.
What is 100% ute finance?
With 100% ute finance, the lender covers the entire cost of the vehicle so you don't tie up cash in a deposit. This is popular with businesses that would rather keep working capital available. It's offered by a range of lenders to eligible applicants, subject to their criteria.
What helps you qualify for no-deposit finance?
Lenders are more comfortable offering no-deposit finance when the application is strong, such as a clean credit history, an established ABN, and a straightforward vehicle. Newer businesses or those with credit issues may be asked for a deposit instead. Nothing is guaranteed, but a solid profile improves your chances.
How do you compare no-deposit lenders?
Some lenders offer 100% finance readily, others rarely. Overdrive's Simon Kendrick compares 80-plus banks and non-bank lenders to find those most likely to fund the full amount for your situation, potentially on competitive terms.
How do you get a no-deposit ute quote?
Want to keep your cash and finance the lot? Request an obligation-free quote from Overdrive. It's a soft check that won't affect your credit score, and we'll tell you if 100% finance is within reach.
Ready to compare cheap rates?
Free quote in minutes, decisions in 24–48 hours. No credit-score impact to enquire.