Vehicle Finance

Rates from 4.09%

Vehicle Finance Summary

Vehicle Finance is used to purchase new or used vehicles for you or for your business. Vehicle finance takes the form of loans, leases, hire purchase and rental agreements.

Vehicle finance covers a large range of vehicle types including car loans, SUV loans, ute loans, business vehicle finance, caravan loans, motorbike loans, marine vehicle finance and heavy vehicle finance.

If you own a vehicle outright, you can also use this vehicle as security to raise capital for your business via sale and leaseback.


  • Get funding fast
  • The vehicle acts as security of the loan
  • Options are available if you have bad credit
  • ABN holders can claim tax deductions


  • The vehicle may depreciate faster than the loan is repaid
  • Second-hand vehicles can attract higher interest rates
Prefer to talk to a loan expert?
1300 898 765
Unsure how much you can borrow?
Try our business loan calculators

Unsecured Loan Calculator

  • Borrow without risking property / assets

  • Loan terms of 3-12 months

  • Security needed for longer borrowing

  • No personal guarantees required

How much do you need?

Over how many months?

Based on your answers,

Your estimated weekly repayments are: $1,498 / week

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

  • Borrow with the certainty of fixed repayments

  • Loan terms of 1 to 20 years

  • Monthly repayments

  • Secured & unsecured options available

How much do you want to borrow?

Interest Rate

Over How many years?

Based on your answers,

Monthly Repayments $9,666

Total Repayments $579,960

Interest Costs $79,960

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

  • No deposit options available

  • Rates from 4.09%

  • Loans from 1 - 10 years

  • Low Doc options available for business owners

What is your vehicle/equipment cost?

Interest Rate

Over how many years?

Based on your answers,

Monthly Repayments: $1,473

Total Repayments: $88,399

Interest Costs: $8,399

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

Invoice Finance Calculator

  • Loans against your outstanding invoices

  • Undisclosed options available

  • Rates from 0.5% per month

  • Same-day approvals

Outstanding Receivables

Advance Rate

Based on your answers,

Receive up front: $480,000

90 days interest costs:

Minimum $14,400

Maximum $21,600

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

How does Vehicle Finance Work?

Getting finance for a vehicle for you or your business can be a short, streamlined way to finance up to 100% of the value of the vehicles you need for your business.

Vehicle finance comes in many options including leases, hire purchase and loans.

Vehicle Loan

A standard vehicle loan allows you to borrow up to 100% of the cost of a vehicle with fixed repayments. The vehicle is generally the only security required for the loan.

Vehicle Lease

A finance lease is a form of a rental agreement because the lessor owns the asset. At the end of the lease, you have the option of purchasing the asset (for a residual amount that was agreed upfront), trading in for a new vehicle or simply terminating the lease.

There is the risk that at the end of the lease the asset will be worth less than the residual value. One advantage of a finance lease is that the finance company pays the GST component, which makes your payments lower.

Hire Purchase

With a hire purchase, the finance company owns the vehicle during the life of the agreement. When you make the final payment – including a balloon payment if relevant, i.e. the lump sum owed at the end of the loan term after you’ve made all the regular monthly repayments – you take ownership of the vehicle.

An example of Vehicle Finance

Use one of our business loan calculators to find out what your repayments on a loan would be.



Documents required for a vehicle finance application

Loans for individuals

  • ID such as a driver’s license
  • Payslips
  • Details of vehicle to purchase


Loans—business owners

The same documents as individuals, as well as:

  • ABN
  • A P&L (profit & loss) statement
  • A list of assets and liabilities

For large loans, further financial statements may be required.


Who qualifies for vehicle finance

Most businesses will qualify for vehicle finance, including startups and people with bad credit.

You can use the online prequalification tool to find out what types of business loans you are eligible for.

Apply for Vehicle Finance

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