Ute finance built around your trade
4x4s, dual-cabs, trays, canopies and service bodies — financed on a chattel mortgage structured to suit a tradie's cash flow.
Your ute is your mobile office and your livelihood. Finance it on a chattel mortgage so you own it from day one, claim the GST and depreciation (check with your accountant), and keep cash free for materials and the slow weeks. Get pre-approved first and you'll negotiate at the dealer as a cash-equivalent buyer.
Who it's for
Electricians, plumbers, carpenters, builders and trade businesses.
Own the ute, claim the GST and depreciation
On a chattel mortgage your business owns the vehicle from the start, so you can generally claim the GST input tax credit on the purchase and depreciate it over time. Some commercial dual-cabs may also have different FBT treatment. Always confirm the specifics with your accountant — but the structure is set up to work in your favour.
Wrap the tray, canopy and toolboxes into one repayment
Custom alloy trays, locking toolboxes, service bodies, ladder racks and tool storage can usually be included in the same facility as the vehicle, so the kit that makes the ute work for you is covered in a single monthly repayment. It's simpler to budget and means you're not paying out of pocket for the fit-out the day you take delivery.
Get pre-approved, then negotiate at the dealer
Sort the finance before you walk onto the lot. A pre-approval typically holds for around 90 days, so you negotiate on price as a cash-equivalent buyer rather than being steered onto dealer finance. Once you've picked the ute, settlement is often same-day, and we can help sort the trade-in at the same time.
A balloon keeps the monthly repayment down
Putting a balloon (residual) on the deal — commonly around 30%, and up to 40% on a new ute — lowers your monthly repayment and keeps cash free for materials and the slow weeks. At the end of the term you refinance the balloon, pay it out, or trade up to the next vehicle. Skipping the balloon is the most common mistake tradies make.
New, used or a hybrid work ute — all financeable
New from a dealer is the simplest, but we regularly finance used utes and dealer demos too; private sales just need a quick inspection and title (PPSR) check. Hybrid and EV utes are arriving fast, and the same chattel mortgage structure applies — get pre-approved first, then go and find the right vehicle.
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
Often, yes — if your ABN is established (2+ years), you're GST registered and a director owns property, low-doc ute finance can usually be arranged without tax returns or bank statements. The amount depends on your situation; use the calculator for a guide and we'll confirm what's achievable.
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.