Business Car Loan

Grow your business with a business car loan from LoanHaus

Whether you’re looking to expand your operations, harness emerging opportunities or add a new addition to your existing fleet, LoanHaus can help you find the right business vehicle loan. With more than 30 lenders at our disposal, you can expect competitive rates, minimal fees and a streamlined approach to business lending.

Learn more about our business car finance options and submit your application for a quote today.

Our business car finance options

Running a business is no mean feat, and the last thing you need is to waste time searching for a financing solution to help you acquire new equipment. Let the experienced team at LoanHaus take one thing off your plate by finding the right business car loan for you. We offer clients a range of commercial car loans to ensure they receive a solution tailored to their needs:

  • Chattel Mortgage
  • Commercial Hire Purchase (CHP)
  • Lease
  • Low Doc Loans
  • Bad Credit Commercial Loans

Our process

Securing commercial financing has never been easier with LoanHaus. We can help you make big moves in your business in just three easy steps.

  • Choose your preferred application method

Borrowers have two application options: You may apply online via our quote form or contact us directly on 1300 611 325.

  • Meet your dedicated consultant

Once we’ve received your application, we’ll be in touch as soon as possible and assign a dedicated consultant to guide you through your application. We’ll do the legwork, from sifting through the stacks of lenders we work with to finding the most affordable business car loan option for your business and managing the paperwork for a breezy settlement.

  • Fast approval process

With our streamlined approval process, it won’t be long before you’re ticking off your next big financial goal. Apply with LoanHaus now and experience a hassle-free approach to business lending.

Get in touch with LoanHaus today

Our team of consultants is ready to help you find the right business car loan that’ll help you grow your business. We aim to contact you on the same day, Monday to Saturday. Please fill out our quote form to receive a quote or call us directly.

FAQs

Navigating the landscape of business car loans presents a variety of choices for business owners, each with distinct criteria from lenders. Some may require your business to achieve a specific income level, and others might necessitate collateral.

LoanHaus is open to loan applications from businesses of all financial backgrounds. With a network of more than 30 lenders, our consultants are here to help you secure the most suitable and affordable business car loan. We also specialise in finding solutions for businesses with challenging financial histories, including those seeking bad credit commercial financing options.

During the commercial car loan application process, applicants seeking a low doc loan are typically only required to provide proof of ID & sign a declaration of earnings. Full doc loans typically require financials, BAS statements or bank statements.

Personal identification and credit history of the business owner(s) may also be needed, with some lenders requesting evidence of insurance for the car being financed.

While the exact timeline for your approval will depend on the type of business car loan you require, LoanHaus aims to deliver a quick turnaround on all applications for our clients. Once you are paired with one of our efficient consultants, they’ll get to work finding you the best car loan deal based on your financial circumstances. They’ll take care of sending off your application and ensure you hear back from a lender quickly.

Yes, different business car financing options, such as chattel mortgages, commercial hire purchase (CHP), low doc loans and bad credit commercial loans, feature varying loan amounts tailored to the borrower’s needs and financial circumstances.

For instance, chattel mortgages and CHPs typically provide substantial amounts for purchasing vehicles, with the loan secured against the car. Leases offer flexible financing without the upfront cost of ownership. Low doc loans cater to businesses with limited documentation, offering variable borrowing amounts. Meanwhile, bad credit commercial car loans provide vehicle financing options for those with less-than-ideal credit histories, often with specific loan limits based on risk assessment.

Yes! We want to help you unlock the capital you need to take your business to the next level as soon as we can. Commercial borrowers can opt to submit their application via an online enquiry form. One of our professional consultants will aim to be in touch with you within the same day to get your business car loan application underway. 

The interest rates on business car loans available via LoanHaus are determined by multiple criteria, such as the business’s credit history, the size and duration of the loan and the specific loan product or collateral involved.

Yes. Upon receiving approval from a lender, you will need to pay an origination fee to LoanHaus for our services. This amount is funded into the loan contract and varies up to a maximum of $1,495.The lender providing your loan may also apply additional charges to your business car loan. This can include an application fee, security registration costs, an inspection fee or other expenses tied to the loan product.

Business car loans offer several repayment options for businesses’ varied financial needs and cash flow situations. These include fixed repayments, which provide stability with uniform monthly payments; balloon payments, allowing for reduced monthly outlays with a significant final sum; and flexible repayment schedules that can be adjusted to match the business’s revenue cycles.

If you are after a specific repayment plan, speak to one of our consultants, and we’ll be happy to find a solution that works for you.

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