Tailored
Business Vehicle
Finance Solutions
Finance cars, trucks, vans, and commercial vehicles for your business with competitive rates and flexible terms. Get the vehicles you need while preserving your working capital.
Accredited and trusted
We're proud members of leading industry bodies, ensuring you receive professional and tailored financial solutions.
FBAA Member
Finance Brokers Association of Australia
AFCA Member
Australian Financial Complaints Authority
FRANdata Partner
Franchise Industry Research & Analytics
Access to 70+ business lenders
We work with Australia's leading bank, non-bank and private lenders to find you competitive rates and terms for your business needs.
What is business vehicle finance?
Business vehicle finance is a specialized lending solution that helps businesses acquire cars, trucks, vans, and other commercial vehicles without using their working capital. Whether you need delivery vehicles, company cars, or heavy machinery, vehicle finance provides the flexibility to get the vehicles you need.
Unlike traditional business loans, vehicle finance is secured against the vehicle itself, often resulting in more competitive interest rates and flexible repayment terms.
Key Benefits
Discover why business vehicle finance could be the perfect solution for your fleet needs.
Preserve Cash Flow
Keep your working capital available for operations while acquiring the vehicles you need for business growth.
Asset Security
Vehicle acts as security, often resulting in more competitive interest rates than unsecured loans.
Flexible Terms
Choose repayment terms from 1-7 years to match your business cash flow and budget requirements.
Tax Benefits
Potential tax deductions on interest payments and depreciation benefits for business vehicles.
Fleet Solutions
Finance multiple vehicles with streamlined approval processes and bulk financing options.
Quick Approval
Fast approval process with decisions typically within 24-48 hours and quick settlement.
Business vehicle finance at a glance
Vehicles We Finance
We finance all types of business vehicles - new or used, single vehicles or entire fleets.
Cars & Utes
Sedans, SUVs, wagons, and utes for sales teams, executives, and field workers.
Trucks & Vans
Delivery vans, panel vans, light trucks, and heavy-duty commercial trucks.
Motorcycles
Business motorcycles, delivery bikes, and commercial two-wheelers.
Trailers
Box trailers, car trailers, refrigerated trailers, and specialised transport trailers.
Buses & Coaches
Minibuses, coaches, shuttle buses, and passenger transport vehicles.
Specialised Vehicles
Tow trucks, ambulances, mobile workshops, and custom commercial vehicles.
Chattel Mortgage vs Hire Purchase
Choose the vehicle finance structure that best suits your business tax and cash flow needs.
| Feature | Chattel Mortgage | Hire PurchaseTAX EFFECTIVE |
|---|---|---|
| Ownership | Immediate ownership from settlement | Ownership transfers at end of term |
| Tax Benefits | Claim depreciation and interest deductions | Claim lease payments as business expense |
| Balloon Payment | Optional balloon payment available | No balloon payment required |
| GST Claims | Claim GST on full purchase price | Claim GST on monthly payments only |
| Flexibility | More flexible terms and structures | Fixed payments with predictable costs |
What are the fees & costs?
Understanding the costs involved in vehicle finance helps you budget effectively for your new business asset.
Common Fees
Interest Charges
Who is it for?
Business vehicle finance is perfect for businesses that need reliable vehicles to operate and grow.
Don't just take our word for it.
Read what our clients have to say about Splendid.
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Is my business eligible?
Check if your business meets our vehicle finance requirements for approval.
General Requirements:
Documentation Required:
What are the steps involved?
Vehicle Selection
Choose your vehicle and obtain a purchase quote. We help you understand financing options for new or used vehicles.
Finance Application
We assess your business needs and prepare your application with supporting documentation for our lender network.
Lender Matching
We submit your application to multiple specialist vehicle finance lenders to secure competitive offers.
Offer Comparison
We present the best financing options and help you choose the structure that suits your business needs.
Settlement & Delivery
We manage the settlement process and coordinate vehicle delivery so you can start using your new asset immediately.
Why work with a broker like Splendid?
Access to multiple lenders
Compare offers from ~70 business lenders to find the right deal for your unique needs.
Save time and effort
We handle the application process and negotiate with lenders on your behalf.
Expert guidance
Our experienced team provides personalised advice based on your business needs.
Better outcomes
Higher approval rates and more favourable terms through our lender relationships.
How do I compare vehicle finance offers from different lenders?
When comparing vehicle finance offers, consider these important factors beyond just the interest rate:
Key Comparison Factors:
Additional Considerations:
FAQs
You can finance almost any business vehicle including cars, vans, trucks, motorcycles, trailers, and specialized commercial vehicles. Both new and used vehicles are eligible.
With a chattel mortgage, you own the vehicle immediately and can claim tax benefits, but may have a balloon payment. With hire purchase, you make fixed payments and own the vehicle at the end.
Vehicle finance amounts typically range from $10,000 to $5,000,000+. The exact amount depends on your business's financial position, the vehicle value, and your ability to service the loan.
Most vehicle finance applications are assessed within 24-48 hours. Once approved, settlement can occur within 1-3 business days, allowing you to take possession of your vehicle quickly.
Accelerate your business growth.
Get your personalised vehicle finance quote today and discover how we can help your business grow. Join the hundreds of Australian businesses we've helped secure funding.