Best used for
- Work utes
- Delivery vans
- Prime movers and trailers
- Fleet expansion
- Yellow goods transport
Vehicle finance for trades, transport and fleets
Commercial vehicle loans are among the fastest commercial products in the Australian market because the security is standardised and easy to value. Lenders check the vehicle's make, model, age and kilometres against industry valuation guides and can price an offer immediately.
Fleet buyers can fund multiple vehicles under a master facility with a single credit approval, then draw down as each vehicle is delivered. This avoids re-applying every time a unit is added.
- Balloon payments can lower monthly repayments on newer vehicles
- Dealer and private sales are both fundable
- Heavy vehicles and yellow goods are assessed on hours as well as age
New ABNs and first vehicle purchases
Lenders that specialise in start-up ABNs will fund a first work vehicle where the director has relevant industry experience, a clean credit file and, in some cases, property ownership. Matching to that subset of the panel is exactly what the AI engine is for — it avoids the credit enquiries you would otherwise burn applying to lenders who were never going to say yes.
Commercial Vehicle Loans FAQs
Can I finance a vehicle bought privately?
Yes. Private sale commercial vehicle finance is widely available in Australia. The lender pays the seller directly after verifying ownership and completing a PPSR check.
What is a balloon payment?
A balloon is a lump sum owed at the end of the loan term. It reduces your monthly repayments but increases total interest paid, and can be refinanced, paid out, or covered by trading the vehicle in.
Can I finance a whole fleet at once?
Yes. Fleet facilities let you obtain one credit approval and draw down against it as each vehicle is delivered, rather than applying separately for every unit.
Other funding options
Unsecured Business Loans
Funding from $5,000 to $500,000 with no property security required, approved in 24 to 48 hours.
Equipment & Machinery Finance
Fund plant, machinery, technology and commercial gear with the asset itself as security. Approvals in 24 hours.
Business Line of Credit
A revolving facility you draw and repay as needed, with interest charged only on the balance you use.
Working Capital Loans
Short-term funding that covers payroll, stock, ATO obligations and supplier gaps while receivables land.
Fast Business Loans
Same day to 24 hour funding for urgent opportunities and unexpected costs, with no manual paperwork.
See what your business qualifies for
One 5-minute form. 90+ Australian lenders compared. Zero impact on your credit score.
Get Matched Now