Business Car Finance

Today's lowest rate is 6.24%
(Comparison 7.9%*)

Same Day
Approval
Expert
Team Advice
Access to
65+ Lenders

Obligation Free Finance Quote

Fast turnaround times
No impact on credit score

"*" indicates required fields

Name*

Email*

Phone*

State*

Loan Purpose*

Loan Amount*

Name

This field is for validation purposes and should be left unchanged.

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

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

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

What are my repayments?
How much can I borrow?

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

$ per *

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

Protect against the unexpected

SAVE UP TO 20% OFFInsurances and Warranty

Comprehensive Car Insurance Tyre & Rim Insurance Vehicle Warranty Loan Termination Insurance Shortfall Insurance

Useful articles

How to save on your car loan

If you’ve applied for a 360 Finance car loan, you may want to find ways you can save on the total costs in the long term, or... Read More.

How much should you save for a car loan deposit?

With numerous costs and fees involved with a car loan, you may be wondering whether you need a deposit, and how much that deposit should be ... Read More.

6 ways to lower your debt

If you’re planning on buying a new car, something you should first consider is your existing debt When getting a car... Read More.

10 commandments of building an emergency fund

When it comes to financing, you want to feel secure enough that if something unexpected crops up, you have the money to deal with it, without taking... Read More.

How does car loan interest work?

When taking out a car loan, as well as making regular repayments to pay off the loan amount, you also need to pay interest on the... Read More.

Everything you need to know about business car loans

If you’re looking to invest in vehicles for your business, there are numerous options for business car loans These include a chattel mortgage, hire purchase, lease,... Read More.

An easy-to-understand guide to novated leasing

When buying a vehicle, there are several financing options to help you afford the vehicle you need Car loans can be a good... Read More.

5 things to know about car loans before applying

Car loans can be a great option for people who need help buying the car they need It offers a more affordable way of purchasing a vehicle... Read More.

Top 10 caravan gadgets and upgrades

With international trips on hold for a while, there has never been a better time to explore our backyard Australia is well known for... Read More.

What is a car loan comparison rate?

There can be numerous rates involved with a car loan, and it’s important to know what each of them cover, to ensure you can get the... Read More.

Calculating your car loan repayments

360 Finance Calculating your car loan repayments For those who don’t have the necessary finances to buy a car outright, car... Read More.

How to get the best interest rate for car finance

With any type of financing, you want to ensure you get the best possible deal Finding a car loan with a lower interest rate is no... Read More.

How to get a personal loan if I have a bad credit score

If you’ve missed payments on your credit card, bills, mortgage or any other type of debt, you may have a bad credit score A... Read More.

Understanding your car loan repayments

Car loans are a great option for those wanting to buy a vehicle but unable to afford one without financial assistance Applying for a... Read More.

Instant asset write-off

The recently released Federal Budget has provided much-needed relief to Australian businesses with an extension to the Instant Asset Write Off Scheme As revealed... Read More.

Financial ABC’s of Coping with COVID-19

360 Finance is committed to being the finance & insurance specialists you know and trust We’ve been there for our customers through some of... Read More.

Our Women

What does International Women’s Day mean to you? For some, it means celebrating the achievements of women and the progress that has been made to reduce... Read More.

Your Roadmap to Financial Freedom

Imagine living how you want to without worrying about the financial expense Imagine having enough money to fund the lifestyle you desire Imagine being able to live... Read More.

How to Achieve Your Financial Goals This New Year

The start of the new year is relished by most of us because it’s the perfect opportunity to set some New Year’s Resolutions It’s the time to... Read More.

5 Steps To Take Before Applying For Finance

Taking out a loan for a car can seem like a daunting task You’re probably wondering what steps to take before applying for finance, so that you can purchase ... Read More.