Multi-Category Commercial Vehicle Finance for Australian Businesses

You own the vehicle from the day finance settles, while your lender holds a mortgage over it as security until the loan is repaid. It's the most requested structure for GST-registered businesses, since you can typically claim the GST back on the purchase price straight away and depreciation runs through your own business. Best for GST-registered businesses wanting full ownership from day one, with terms from 1 to 7 years.

With hire purchase, the lender owns the vehicle for the life of the agreement and you make fixed repayments to use it, with ownership transferring to you once the final payment clears. It suits businesses who want the certainty of a fixed repayment structure, and the GST is spread across your payments rather than claimed as one lump sum upfront. Terms are flexible.

Under a finance lease, your lender retains legal title to the vehicle for the term of the lease while you use it in your operation, making regular lease payments that are typically fully tax deductible. At the end of the term you can make an offer to buy the vehicle, refinance the residual, or hand it back. Best for businesses preferring an off-balance-sheet structure, with flexible terms.

An operating lease means you pay to use the vehicle for an agreed term, and your lender carries the risk of its residual value, not you. It suits fleets that like to keep their vehicles current, since bundled servicing is often included and you simply hand the vehicle back and roll into a newer one when the term ends. Terms typically run 3 to 5 years.

With an unsecured business loan, funds are assessed against your business's trading position rather than security over the vehicle itself, so you can move quickly on a private sale or older vehicle a traditional lender might decline. Best for fast settlement or older vehicles, with a shorter, flexible term.

Often, yes. A chattel mortgage can cover a ute, a van and a light truck under one facility, though the lender match and terms are still assessed asset by asset. Confirm your own tax position with your accountant.

Yes. Seasonal and skip-month structures are common for businesses whose income runs against a busy season or project cycle rather than evenly month to month. The lender panel includes options that build repayments around how your business actually flows.

Commercial vehicles over one tonne payload are generally exempt from the ATO car limit, so the full value can often be depreciated, and a chattel mortgage lets you claim the GST upfront. Consult your accountant to confirm your position.

Yes. Refinance and sale-and-leaseback can bundle vehicles you already own across categories, ute, van or truck, into one facility to lower your rate or free up equity for the next vehicle.

Pre-approval typically comes back inside a business day. Settlement happens once you have signed contracts and any final lender conditions are met. Specialist lenders read business income and contracts directly, so they move faster than major banks.

Yes. Specialist lenders can assess on your contract, the asset and your industry experience rather than requiring years of trading, which is how many sole traders and small operators get pre-approved.

Yes. A conditional pre-approval sets your budget, so you can shop utes, vans or trucks with confidence and settle once you have chosen the vehicle.

Yes. Multi-vehicle and mixed-fleet deals are common, funded as a package under a master facility rather than separate loans, which simplifies your repayments and reporting.

An active ABN, recent BAS or bank statements, and the details of each vehicle you are financing. We will confirm exactly what your lender match needs after a quick call.