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