Commercial Vehicle Finance for Growing Australian Fleets
Not sure whether your business needs a ute, a van, a truck, or a mix of several? Equifund is the starting point for Australian businesses financing more than one commercial vehicle category, from a single vehicle you are still deciding on to a mixed fleet spanning utes, vans, trucks, prime movers and trailers. BAS and contract income assessed directly, with every vehicle type funded through the one team.
- Pre-approval inside 24 hours
- $0 deposit for prime applications
- Wide specialist lender panel across every vehicle type
- Mix utes, vans, trucks and trailers in one facility
30-second check. No impact on your credit score.
Choose Your Industry
Choose the category that best describes your finance requirement.
No obligation. Soft credit check only.
Built for Fleets, Backed by Category Specialists
Whether you are still deciding between a ute, a van and a truck, or you already run a mix of vehicle types and want them on one facility, Equifund matches your business to lenders that read the whole picture, not just one asset class.
Who We Help
Specialist finance for businesses financing one vehicle or many, across every category.
Businesses Financing a Mixed FleetBuyers Still Deciding Which Vehicle FitsOperators Expanding Beyond a Single CategoryFleet Managers Consolidating Multiple Vehicle LoansWhy Choose Us
Faster approvals and terms built around however many vehicle types your business needs.
Every Vehicle Category Matched From One Panel
One Facility Across Multiple Vehicle Types
Direct Line to Our Category Specialists
Wide Specialist Lender Panel, Not One Credit Template
Which Vehicle Type Suits Your Business?
Every commercial vehicle category, financed through the one specialist team, with a wide panel of Australian lenders behind each one.
Trucks
Light and medium trucks for trades, freight and last-mile delivery, including rigids, tippers and refrigerated units.
Vans
Cargo vans, crew vans and refrigerated vans for couriers, tradies and mobile service businesses.
Utes
Dual-cab and single-cab utes for tradies, small fleets and businesses just getting started.
Prime Movers
Prime movers for owner-drivers and fleets running interstate linehaul and heavy haulage.
Trailers
Box, flat-top, curtain-sider, tipping and specialised trailers to pair with any vehicle in your fleet.
Not sure which category fits? Start with a free eligibility check and we will point you the right way, then connect you with the specialist team for that vehicle.
Which Finance Structure Suits Your Fleet?
Five ways to structure your finance, each suited to a different goal and cashflow position, whichever vehicle type or mix you are financing.
Chattel Mortgage
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 is the most requested structure for GST-registered Australian businesses, since you can typically claim the GST back on the purchase price straight away and depreciation runs through your own business. Commercial vehicles over 1 tonne payload are generally exempt from the ATO car limit, so the full purchase price is often deductible. It also works cleanly when you are financing more than one vehicle type at once, since each asset sits under the same facility structure. A balloon payment can be added to lower your regular repayments if that suits your cash flow better.
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 sole traders 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.
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, giving you flexibility if your fleet mix needs to change.
Operating Lease
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 vehicles current across categories, since bundled servicing is often included and you simply hand the vehicle back and roll into a newer unit when the term ends.
Unsecured Business Loan
Funds are approved 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 in any category that a traditional lender might decline. It typically comes with a shorter term and can settle the same day, once your trading history has been assessed.
Depreciation and car cost thresholds set by the ATO. Confirm your own tax position with your accountant. Credit licensing regulated by ASIC.
Clear Terms. No Unnecessary Complexity. Fast Outcomes.
A straightforward path designed to move you from application to pre-approval quickly, whichever vehicle category you need.
Complete the Form in 60 Seconds
Tell us about your business and the vehicle or vehicles you are financing through our secure online form.
Speak With a Commercial Vehicle Finance Specialist
An Australia-based specialist reviews your situation, including any mix of vehicle types, and walks you through what each lender needs.
Get Pre-Approved Over the Phone
You'll have a clear pre-approval often within 1 business day, structured around your business income and however many vehicle categories you need.
Settle the Loan and Take Delivery
Your specialist sources the strongest matched offer for each vehicle and coordinates settlement with the dealer, private seller or auction house.
Real Results for Growing Australian Fleets
See how Australian businesses are financing single vehicles and mixed fleets across categories, even with complex profiles.
What Else Can Your Business Finance?
Every dedicated vehicle-type team, plus the other major asset classes Equifund finances for Australian businesses, backed by a wide lender panel.
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Apply for Your Commercial Vehicle Finance
Three quick steps. An Australia-based commercial vehicle finance specialist gets back to you the same business day, whichever category you need.
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Rated 5.0 on Google by Australian businesses for fast pre-approvals, flexible terms and specialist service across every vehicle category. 5.0 ★ · Real Google reviews
Have Questions?
Straight answers to the questions Australian businesses ask most about financing commercial vehicles.
What types of commercial vehicle can I finance?
Utes, vans, light and medium trucks, prime movers and trailers, new or used, dealer, private sale or auction, all through the one team.
I'm not sure whether I need a ute, a van or a truck. Can you help me decide?
Yes. Tell us what you are carrying, how often and over what distance, and we will point you to the right category, then connect you directly with our ute, van, truck, prime mover or trailer specialists for the vehicle-specific detail.
Can I finance a ute, a van and a light truck together as one mixed fleet?
Yes. Mixed-category fleets are common. Different vehicle types can be funded as one facility rather than separate loans, which simplifies your repayments and reporting.
Do I need a deposit?
$0 deposit is available for prime applications, especially established businesses with active contracts. New ABNs may need a contribution, but $0 deposit on the right deal is common for operators with verifiable income.
Can I finance a used or ex-fleet vehicle?
Yes. Used, ex-fleet, dealer demo and private-sale vehicles are all financeable across every category. Major banks apply age cut-offs; specialist lenders look at condition, kilometres and service history.
What is the difference between a chattel mortgage, hire purchase and lease?
A chattel mortgage gives you ownership from day one and the GST benefit upfront. Hire purchase spreads ownership over the term. A lease keeps the vehicle on the lender's books with set payments and an optional residual. We match the structure to your tax position and cashflow.
Can different vehicle types share the same finance structure?
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.
Can repayments be structured around seasonal income?
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.
Can I claim the instant asset write-off or GST on a commercial vehicle?
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.
Can I refinance or do a sale-and-leaseback across a mixed fleet?
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.
How long does commercial vehicle finance take to settle?
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.
Can I get finance as a sole trader with a short trading history?
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 approved.
Can I get pre-approved before I've decided on the exact vehicle or category?
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.
Can I finance multiple vehicles or a whole mixed fleet in one application?
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.
What do I need to apply for commercial vehicle finance?
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.