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Business Car Finance

Today's lowest rate is 6.24%
(Comparison 7.9%*)
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If you’re primarily using a vehicle for work purposes, business car finance may be the most suitable option for you. 

Choosing the right vehicle finance to suit you and your business can help you save money and grow your business. 

Business car finance

If you’re in need of a business car loan, some of the available options include a chattel mortgage, hire purchase, leasing, or a Low Doc loan. With numerous options for business car finance, it depends on your needs, budget and business as to what may be the best option for you. 

A chattel mortgage gives you ownership of the vehicle at the time of purchase rather than at the end of the car loan. This allows you to claim the vehicle as a taxable offset, claim the GST on the purchase price and the depreciation of the vehicle and interest charges on the loan. 

A hire purchase involves hiring the vehicle with the intent to purchase it at the end of the loan. 

During the term of the loan, the vehicle is owned by the lender so you are not able to claim the vehicle as a taxable offset. A hire purchase allows you to decide whether to include a residual or not. 

Working in a similar way to a hire purchase, leasing may be a better option for some businesses, as this type of vehicle financing has a regulated residual value calculated off the loan term. 

Unlike many other types of loans, a Low Doc requires little to no proof of your financial position. It instead relies on factors such as the vehicle being purchased, the tenure of your business, your circumstances and your financial position. 

A finance specialist can help

Speaking to a specialist can help you find the right business car loan and get a tailored finance solution. 

Our 360 Finance Specialists can help you find the finance you need, whether for a single vehicle or a fleet of work vehicles. We take the time to understand your business needs to ensure you end up with the right business car loan. 

With access to commercial finance options and rates from more than 60 lenders, we can help you get the best rate, saving you both time and money. 

Contact our team for more information on business car finance.

We work with the most trusted Aussie Lenders

Macquarie Bank
Pepper Money
Suncorp
Latitude Financial
Westpac
Resimac
ANZ
Yamaha Finance
NAB
Now Finance
VWFS
CBA
Liberty Financial
Money 3
MoneyPlace
CIL Insurance

Business car finance options:

Chattel Mortgage
Low rates • Tax effective • Flexible terms & residuals • 1-7 year terms
A Chattel Mortgage is the most common loan type for commercial lending. As the borrower, you take ownership of the asset at the time of purchase rather than at the end. This means you can use the asset as a taxable offset (in most cases), claim the GST on the purchase price and claim the depreciation of the asset and interest charges on the loan. It’s very flexible with 1-7 year loan terms and residuals available making it versatile for most business types.

Speak to one of our Commercial Finance Specialist to discuss which finance options would suit you and your business.
Hire Purchase
Tax effective • Flexible terms & residuals • 1-7 year terms
Lease
Tax effective • Lease with the intent to buy • 1-7 year terms
Low Doc Loan
Great options for startup businesses • 1-7 year terms
Find & Finance
We'll find your next business vehicle or a fleet and great finance.
Competitive
We have access to some of the lowest industry commercial rates allowing us to be highly competitive and get your best rate finance.
Tailored
Our Commercial Team takes time to understand your business needs then works to find the best tailored and flexible finance solution.
Fast approvals
We work hard to get your loan approved fast. Same day approvals are available - ask us how!
Easy
We do the running around for you in comparing commercial finance options and rates from over 60 lenders.

Come for the rates, stay for the service. Just ask our 1000's of satisfied customers.

4.8
Based on 806 reviews
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Killian has helped me get out of my old beat up car into my brand new car, he was easy to talk to, communicated with us every step of the way, he made the process easy for us from start to finish. Thank you Killian, I will be definitely recommending you to anyone I know looking for their dream car.
Zoe Yeark
We had already applied for our caravan finance a few times and had been offered just half. We were very disappointed our dream did not come through. Thank God 360 Finance came to our rescue. All done and dusted in a few weeks. Brock Simpson did an incredible and very professional job. He made the entire process so easy and stress-free. Thanks a lot; we are now enjoying our new traveling life.
Natalja Hleborodova
Killian Noack has been absolutely amazing in guiding me through my first car finance and the whole process took less then a week! He’s extremely well in communication and kept me up to date with every step of the way. I couldn’t be more thankful for everything he’s done. I will be sure to recommend him and 360 finance to anyone needing finance that I know.
Megan Streek

At today's lowest car finance rate of 6.24% (Comparison rate 7.9%) you'll pay approximately...

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At today's lowest car finance rate of 6.24% (Comparison rate 7.9%) you can borrow approximately...

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