Australia’s most accessible financial broker

Learn about different types of Business Vehicle Finance

Trailer

Need a new trailer for your business? Apply for trailer finance through Oceania Finance. Our expert business loan brokers are here to help.

oceania finance - truck finance

Truck

Trucks keep Australia moving. When you’re looking to finance your next truck for your business, Oceania Finance has got you covered. Speak to our business loan brokers today about applying for truck finance.

Business Vehicle Finance FAQs

If you haven’t used a finance broker before, you probably have some questions. Let’s help you get some answers.

Can I finance a car though my business?

Absolutely! Instead of paying out of pocket or using cash wrapped up in your business, you can get a business car loan through Oceania Finance.

Business car loan vs personal loan

Although business vehicle loans are designed to suit business finance situations and can have tax benefits, they are not your only option. In some instances, you may find a personal loan suits your situation more. For example, you may use the vehicle mostly for personal use, or you may want more freedom on how you can spend your money.

If you’re unsure what type of finance would suit you, contact our personal loan brokers today, so we can help you find what you need.

What qualifies as business use of a vehicle?

According to the Australian Taxation Office, you can claim the following business use expenses on tax:

    • Fuel
    • Repairs and servicing
    • The interest on your vehicle loan
    • Lease payments
    • Insurance cover premiums
    • Registration
    • Depreciation

Are car loans tax deductible?

You can claim certain tax benefits on your car loan if it’s used for business purposes. Generally, you can claim part of the interest and depreciation of the vehicle on tax.

Can I finance a car with my ABN?

Yes, your ABN or ACN can be used in your business vehicle finance application. Having an ABN can help cut down on the amount of paperwork you need to apply. With most lenders, you’ll need an ABN if you want to apply for a low doc business loan. This is so they can verify that you are self-employed.

How much can I loan for a commercial vehicle?

You can borrow up to $500,000 on commercial vehicle finance⁠—depending on the type of vehicle/s and your individual circumstances.

Why choose Oceania Finance?

Large network of specialist lenders

Fast, friendly service with access to lenders nationwide. We have a solution for every credit rating – great, good, average or bad.

Tailored loan solutions

Everybody’s finance needs are slightly different. We don’t just get you any old loan. We work hard to get you the ideal loan and secure it on your behalf.

Friendly, local expertise

Oceania Finance is a team of local finance brokers, not a faceless corporation. We’re just Aussies helping Aussies get finance!

Large network of specialist lenders

Fast, friendly service with access to lenders nationwide. We have a solution for every credit rating – great, good, average or bad.

Tailored loan solutions

Everybody’s finance needs are slightly different. We don’t just get you any old loan. We work hard to get you the ideal loan and secure it on your behalf.

Friendly, local expertise

Oceania Finance is a team of local finance brokers, not a faceless corporation. We’re just Aussies helping Aussies get finance!

Our Process

Step 1

Submit basic information.

Step 2

One of our expert brokers contacts you for more information.

Step 3

We review lenders and negotiate to find the best loan for you.

Step 4

We file the application on your behalf.