Commercial Vehicle & Equipment Finance

How we help you get the right vehicle & equipment finance for your business.

  • Vehicle & equipment finance approval within 24 hours
  • Low doc loans for commercial / business finance
  • No financials required
  • Applications taken over the phone
  • Competitive interest rates
  • New & used vehicles & equipment
  • Loan terms from 2 to 5 years
  • Refinances from existing lenders
  • Purchases from dealers, private sales or sale & hire backs

Have one of our team contact you for advice on your vehicle or equipment finance

Eligible Vehicles & Equipment

Vehicles:
– Commercial Vehicles (over 3.5t GVM, excluding Prime Movers) and Trailers (no weight restriction) not older than 12 years at end of term
– Passenger and Light Commercial Vehicles (up to 3.5t GVM) not older than 10 years at end of term

Wheeled Equipment:
– Earthmoving equipment
– Yellow Goods
– Material Handling equipment
– Not older than 12 years at end of term

Other Equipment:
– Tools of Trade
– Earthmoving & Construction Equipment
– Manufacturing & Workshop Equipment
– Must be Serial Numbered

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We search Australia’s leading commercial vehicle & equipment lenders to get you the right loan and we do all the paperwork for you. We understand that you need a quick approval, so we will take your application over the phone and get your approval documentation to you within 24 hours. Whether you want a refinance, commercial hire purchase, chattel mortgage, novated lease or straight consumer loan, we can help.

Do your homework to get the right deal

Research your vehicle purchase If you do your homework before you purchase any vehicle, you can save yourself thousands of dollars. Research the market value of any vehicle you’re planning to trade in as well as the type of vehicle you are planning to purchase, knowing your numbers up front will give you the confidence to negotiate the best price.

Research your loan & lender There are many lenders wanting to make money on your vehicle or equipment loan, it’s vital to shop around and compare interest rates as well as loan terms & conditions. This is where Assured Lending Finance Brokers can help. We will discuss your financial needs with you and then find the right loan options amongst Australia’s leading lenders.

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Types of Vehicle Finance

Standard Car Loans

Standard car loans allows you to borrow a one-off lump sum and make regular set payments to pay it back.  The vehicle being purchased is used as security for the loan, which means that if you default on your loan repayments your car can be seized. The interest rates on a secured loan are lower than the rates for a personal loan or credit card.

Novated Lease

A Novated Lease is a car lease, allowing a business to lease a vehicle for one of their employees. The responsibility for the lease is with the employee and the lease payments are made directly from the employee’s income before tax is taken out (known as salary packaging). Novated leasing is a great way for employees to receive the tax benefits of leasing a vehicle without needing to have a company ABN.

Commercial Hire Purchase

A Commercial Hire Purchase is where the finance Lender purchases a vehicle on behalf of the customer, and then hires it back to the customer over a set period of time. The customer has the use of the vehicle for the term of the contract but is not the owner of the vehicle. At the end of the contract period, when the total price of the vehicle (minus any residual) and the interest charges have been paid in full, the customer takes ownership of the car.

A Chattel Mortgage

A Chattel Mortgage is a loan for a car, truck or business plant equipment where you own the vehicle but the lender retains the title until the loan is paid out. The vehicle is used as security for the loan and when the loan payments are completed, the security interest is removed giving the customer clear title to the vehicle.You can claim the allowable depreciation and interest as a tax deduction. GST does not apply to the monthly payments, however the GST on the purchase is recoverable at the time of purchase.

Have one of our team contact you

for advice on your vehicle or equipment finance

All advice and reports provided by the Assured Lending team are completely cost and obligation free