Compare suitable rates, fees, repayments and loan structures for new, used, dealer and private-sale vehicles through one initial enquiry.
Business Car Loans from $5000
New and Used Business Vehicles
Contractors and ABN Holders
No lender submission without your approval
Tell us what you’re looking for. We’ll review suitable options from our lender panel and contact you with an indicative comparison.
This is an initial enquiry—not a lender application.
We will not submit your information to a lender without your approval.
A vehicle can be an essential business asset. Whether you’re replacing your work ute, buying a van, adding a vehicle for an employee or upgrading to a vehicle better suited to your business, the right finance structure can help you purchase the vehicle while managing business cash flow.
iCREDIT helps businesses compare business vehicle finance from a panel of banks and specialist lenders.
Rather than approaching lenders individually, we review available options based on your circumstances and help you compare important factors
Passenger vehicles used primarily for eligible business purposes.
Finance options for trades, contractors, agriculture and other businesses requiring a work vehicle.
Suitable for couriers, service businesses, mobile trades and other commercial uses.
Finance may also be available when expanding your business fleet or purchasing a vehicle for an employee.
Finance may be available for eligible executive and prestige vehicles purchased predominantly for business use.
Specialist lender options may be available for eligible imported, classic or unique vehicles acquired for an appropriate business purpose.
If you operate under an Australian Business Number, an ABN car loan may allow you to finance a vehicle predominantly used for business purposes.
Lender requirements vary. Depending on the lender and application type, assessment may consider your:
ABN & GST History
Business History
Business Income
Credit Profile
Existing Finance
Asset Being Purchased
Some lenders can also consider low-doc business car finance where traditional financial statements are not available, subject to eligibility and lending criteria.
If you work for yourself and do not have standard payslips or current financial statements, compare our self-employed car loan options.
Tell us about the vehicle
We review suitable lenders
Compare your loan options
Choose whether to proceed
A chattel mortgage is a commonly used form of commercial vehicle finance. The business purchases the vehicle and the lender takes security over it until the finance has been repaid. Depending on your circumstances, there may be taxation or GST implications associated with business vehicle finance. Speak with your accountant or registered tax adviser before choosing a finance structure.
Yearly interest may be tax deductible
1 - 7 Year Loan Terms
Balloon options available
Vehicle owned by your business
Vehicle Lease
Under a typical lease arrangement, the financier owns the vehicle while the business makes agreed lease payments over a set term. Depending on the structure, there may be options available at the end of the lease, such as refinancing, purchasing the vehicle or returning it to the financier.
Repayments may be tax deductible
1-5 Year Loan Terms
Balloon Payment
Asset owned by the lender
Estimate repayments instantly with adjustable interest rates.
See how repayments may vary across different credit profiles. These examples are indicative only.
CUSTOMER REVIEWS
Every lender assesses applications differently, but common factors include:
Yes. Eligible sole traders, contractors and businesses may be able to apply for business vehicle finance using their ABN. Requirements vary between lenders and may include minimum trading periods and evidence of business income.
Yes. Sole traders may be eligible for ABN car finance where the vehicle is being acquired for an eligible business purpose and the lender's requirements are met.
Yes. Cars, utes, vans, SUVs and some light commercial vehicles may be eligible for business vehicle finance, depending on the lender and intended business use.
Not in every case. Documentation requirements vary between lenders. Some applications require financial statements or tax information, while eligible businesses may qualify for alternative or low-documentation assessment.
A chattel mortgage is one common way Australian businesses finance vehicles. Whether it is suitable for your business depends on your circumstances, vehicle use and taxation position. Consider obtaining independent accounting or taxation advice.
The amount you can borrow depends on your income, expenses, credit profile, and the lender’s criteria.
In Australia, car loans can range from $5,000 to over $100,000. Lenders assess your borrowing capacity to ensure repayments are affordable based on your financial situation.
Yes, many of our lenders in Australia offer car loans for private sales.
Eligibility may depend on the vehicle’s age, condition, and whether it meets lender requirements.
Some lenders may require additional checks, such as a vehicle inspection or verification of ownership.
Submitting a full car loan application can impact your credit score, as lenders perform a credit check.
However, comparing loan options through a broker or using indicative rate tools typically does not affect your credit file.
It’s recommended to compare options before submitting any formal applications.
The best way to find a suitable car loan is to compare multiple lenders based on interest rates, fees, repayment flexibility, and loan features.
Instead of applying with a single lender, reviewing options across a panel can help you choose a loan that fits your budget and financial goals.
Review suitable options from iCREDIT’s lender panel with no obligation to procees.
Compare Business Car Loans Before You Apply
Review suitable options from iCREDIT’s lender panel with no obligation to procees.
Call: 1300 350 118
