Vehicle finance

Pre-approve and drive away today with your business or personal vehicle

Vehicle finance

Vehicle finance can be used to purchase new or used vehicles for business or personal use. As the vehicle you choose is used for security of the loan, vehicle finance comes with lower rates and less documentation than other loan types. Vehicle finance can be used for a large range of industries and vehicle types covers car loans, SUV loans, ute loans, business vehicle finance, caravan loans, motorbike loans, marine vehicle finance and heavy vehicle finance.

Key points

  • Borrow 100% of the vehicle value
  • Loan terms available from 1 to 7 years
  • Interest rates from 2.19% pa
  • Get funding as fast as 2 hours
  • Take advantage of business tax savings
  • Utilise the business $30K Instant Asset Write-Off

How does vehicle finance work?

Vehicle finance is a fast and streamlined way to fund your business or personal vehicle. Pre-approving your vehicle finance means you can make an offer with confidence and not be pressured into finance options that may not be ideal. A vehicle loan has limited documentation and approval and funding can be turned around in as little as 2 hours.

A typical vehicle loan will have a fixed rate and repayment schedule, with flexibility around repayment frequency (weekly, fortnightly etc.) and the loan term you desire. You may also like to incorporate a balloon payment: a lump sum repayment at the end of your loan term so that you can make lower regular repayments throughout the loan term.

There are a number of options when it comes to vehicle finance. A traditional vehicle loan, as discussed above, allows you to purchase and own the vehicle outright. Lenders also offer leasing options for business vehicles, including vehicle and hire leases. A FundingPro loans specialist can help you find the best option for your business needs.

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Prefer to talk to a loan expert?
1300 898 765

What documents will need to be approved?

For individuals:

  • Your driver’s licence or equivalent ID
  • Payslips as proof of income
  • Details of the vehicle you wish to purchase

Loans for businesses:

  • Your driver’s licence or equivalent ID
  • Your ABN
  • Details of the vehicle you wish to purchase
  • A list of assets and liabilities
  • A P&L (profit & loss) statement

How we work with you

Finance with ease

We're here to remove the guess-work and simplify accessing finance. We've provided thousands of customers credit advice with integrity and transparency.

Diverse lending options

From straight-forward applications to nuanced finance deals. We work with over 70 lenders, from the big four to specialist lenders, to achieve your financial goals.

Expert industry knowledge

Our rich experience across broking, financial services and mergers and acquisitions enables us to bring a well-rounded and informed approach to every deal.

As a business that is growing fast we needed to quickly buy more stock.
Banks couldn’t do this quick enough hence why we turned to FundingPro.
The communication was great and funding was very fast.

 

Courtney Williams
Kiddimoto Australia

FundingPro tailored a finance solution to our needs, assisted with the application process and we were successful in obtaining funds in a very short time at very competitive rates.FundingPro – a definite go to place for finance.

 

Tony Clements
CDM Accountants

Let's chat about your financial goals

With a few details about what you'd like to achieve, we can begin mapping a pathway to get there. It's free to apply and completely obligation-free.

Apply Now