For ABN holders, self-employed, and business owners who do not earn a traditional income.
Contact our team of expert car loan brokers today!
Being able to access commercial finance as a self-employed sole trader or business owner can be critical to the ongoing health of your operation. In some cases, all you need is an ABN and your ID, and you have a fast pathway to approved finance.
When you own the asset, you can benefit from GST credits and other deductions such as depreciation of the business vehicle and interest on the loan. These business expenses can be beneficial in most circumstances under a commercial loan. Always seek professional tax advice.
A commercial loan application thoroughly prepared by a broker, and assessed by a specialised business credit assessment team, means faster approval times. We often have low-doc loans approved in minutes, not hours. And same-day funding is common.
We manage both low-doc and full-doc loan applications depending on what is the right fit for your circumstances. If you are asset-backed and have a deposit then you may not need any financials at all! freeing up your time to get back to business fast!
How we help secure fast commercial vehicle loans and equipment finance at a great rate:
A team of expert finance brokers with deep industry knowledge and access to:
How does it work?
Fast-track your commercial vehicle loan application by speaking to our expert team of brokers today. They will find a great deal and take care of the process from start to finish.
Our expert car loan brokers will assess your business structure and match you with a suitable commercial lender.
Thorough completion of your loan application to ensure a speedy assessment and fast approval.
Some commercial loan categories can be approved in minutes! You could be funded the same day and ready to get back to business!
We’ll manage the settlement to ensure a hassle-free process and fast resolution.
Speak to our brokers today about the best vehicle finance solutions for your circumstances.
Commercial Finance FAQs
Here’s a little more about how we operate. Got a more specific question? Feel free to get in touch.
Commercial loans can be used to finance assets like:
Additionally unsecured commercial loans can support cash flow, inventory purchases, or business expansion.
We have access to a large panel of commercial lenders who offer products including:
Any registered business entity that has held an ABN for at least six months can apply for a commercial loan. This includes:
These are all eligible for a commercial loan, subject to a credit assessment.
The amount you can borrow depends on the lender’s policies, your creditworthiness, and the specific needs of your business.
Repayment terms vary, but they typically range from one to seven years, depending on the loan amount and purpose.
Commercial interest rates are generally higher than consumer loans. They may vary based on the lender, loan type, and your business’s financial health. Rates can be fixed or variable.
Qualification criteria include an ABN, your credit score, stable income, and a solid business plan. Lenders may also require financial statements and collateral. Our brokers always aim to minimise required paperwork to achieve your objective.
In short, yes, but it depends. We work with lenders that specialise in bad credit commercial loans and our brokers can provide a free assessment so you know your options.
The approval process can take anywhere from a few minutes to several days, depending on the lender and the complexity of your application. We often have low-doc loans that meet eligibility requirements approved in minutes.
Yes, commercial vehicle refinancing is possible and can help you secure better terms or lower interest rates. Discuss your options with a broker to find the best solution for your needs.
In some cases, you can qualify for a low-doc loan by simply providing your ID and an invoice for the asset you plan to purchase. It can be that easy!
A complex full doc loan may require some, or all of the following:
ABN:51 677 827 548
Motor Dealers License No.: 4785799
Disclaimer:
This website is designed to provide you with factual information only. This information contained within does not take into account your needs objectives or financial situation. To understand whether a credit product is right for you speak to one of our licensed Finance Brokers. Terms, conditions, fee’s, charges and minimum loan amounts may apply. Credit is subject to approval by the credit provider under their responsible lending policy.
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