Business vehicle and EV finance
Cars, SUVs, vans and fleets — including EVs and hybrids — financed on a chattel mortgage, with a competitive rate and a structure that suits your cash flow.
Get the vehicle your business needs without tying up cash. We arrange finance on a chattel mortgage so you own it from day one and can claim GST and depreciation (check with your accountant). Get pre-approved first — your approval typically holds for around 90 days — so you can negotiate at the dealer as a cash-equivalent buyer and sort a trade-in.
Who it's for
Trades, sales fleets, logistics and sole-trader business owners.
EVs and hybrids are growing fast — and we can help you shop
With fuel costs where they are, electric and hybrid vehicles are one of our fastest-growing categories. Get pre-approved before you go looking, and you'll know your budget and be able to negotiate hard — and we can help you sort the trade-in on your current vehicle at the same time.
Pre-approval turns you into a cash-equivalent buyer
Sort the finance before you visit the dealer. A pre-approval typically holds for around 90 days, so you negotiate on price as a cash-equivalent buyer rather than being steered onto whatever finance the dealer is pushing. Once you've chosen the vehicle, settlement is often same-day, and the lender pays the dealer directly.
A balloon lowers the repayment and frees up cash
Putting a balloon (residual) on the deal — commonly around 30%, and up to 40% on a new vehicle — lowers your monthly repayment and keeps working capital in the business. At the end of the term you refinance the balloon, pay it out, or trade up. Skipping the balloon entirely is the most common and costliest mistake.
One vehicle or a whole fleet
Whether you're financing a single sales car or rolling over a fleet of vans, the chattel mortgage structure scales. Multiple vehicles can be set up so the finance is simple to manage, and we can structure each with the balloon and term that suits how long you'll keep it before the next upgrade.
Take your trade-in value as cash, not just an offset
A trade-in can reduce the amount financed — or, in some cases, you can take the trade-in value as cash back into the business and finance the full purchase instead. That can be the smarter move when you'd rather have the working capital on hand. We'll set it up whichever way suits your cash flow.
Talk to a specialist
Get a competitive rate and the right structure for your next asset. No obligation, no credit-file hit to ask.
- Panel of commercial lenders
- Low-doc options for established ABNs
- Pre-approval before you buy
Work it out backwards.
Start with a repayment that keeps cash in your business and see what it finances — then we’ll line up a competitive rate to match.
A balloon lowers your monthly repayment and keeps cash in the business. ~30% is common; new vehicles can go to 40%.
Real rates today typically sit in the 6–9% range depending on the asset, its age, your ABN and security. A guide, not a quote.
Estimate only, excluding fees and charges. Not a quote, offer, or credit assistance. Actual repayments depend on the lender’s assessment.
Common questions
For commercial finance, lenders generally want the vehicle to be predominantly for business use. Your accountant can help with logbook apportioning so your GST and deductions are claimed correctly under ATO rules.
Explore more finance
Ready to move on your next asset?
Get pre-approved and negotiate as a cash-equivalent buyer — we'll handle the rate, the structure and the paperwork.