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Business Car Loans
Reliable Specialists

We’re Perth brokers who specialise in guiding clients through the process of getting a business car loan. As fierce professionals, we’ll do everything we can for you to find the best alternatives.

Steps to Approval!

All businesses at some point will need a business car loan, whether you’re the sole business operator that needs a car to go between jobs, or you operate a larger business that requires a fleet of vehicles.

Take a look at our simple process to get your next commercial car loan approved!

Get in touch
Home » Car Finance Perth » Business car loans

Business Car Loans
Reliable Specialists

We’re Perth brokers who specialise in guiding clients through the process of getting a business car loan. As fierce professionals, we’ll do everything we can for you to find the best alternatives.

Steps to Approval!

All businesses at some point will need a business car loan, whether you’re the sole business operator that needs a car to go between jobs, or you operate a larger business that requires a fleet of vehicles.

Take a look at our simple process to get your next commercial car loan approved!

Get in touch

Enquire Online

Firstly, you need to know if your business can qualify for a commercial car loan. We can start with a quick pre-qualifying application. This helps us understand your business and match you to the loan suited to your scenario and specified requirements.

Research Loan Options

Once we understand what you are looking to achieve, we can research the lenders and Banks that match your needs. We can then provide you with all the information needed to make a decision about your business vehicle finance.

Apply for Approval

Supply all supporting documents and formally apply for approval! We understand business moves quick so there’s no time to waste! We can process your application and deliver a loan approval and funding within 24- 48 hours.

Brokers like us can help you spot the best deals and choose the most convenient alternatives. We’ll guide you and make the process smoother.

Why Work with Us

When you’re organising your business finances, working with the experts is crucial. Here are some reasons why we could be a one-of-a-kind team for you:

Many People Choose Our Company

As we said before, many clients choose us to help them with their commercial car loan. We’re expert finance brokers, and we have been in the industry for over 10 years.

Since we’re professionals in our field, we’re prepared to help you find the best alternatives. We can offer fixed interest rates and flexible loan structures to suit your business needs.

We’re Honest

Our company doesn’t work for Lenders or Banks. We work for you! Therefore, we’re here to steer you in the right direction today and into the future.

At our company, we value sincerity and brutal honesty. Regardless of whether you’re considering refinancing a balloon payment that has come due, or you’re seeking to make a new equipment finance deal, we’ll make sure we recommend the best alternatives for your business.

We Won’t Disappoint You

Our company commits to clients from the moment they start working with us. As brokers, we can access a range of options that you may not have considered or researched yourself.

Moreover, we make sure that each suggestion we give to our clients is tailored to fit their needs and individual business goals.

Our Business Is Fierce

Unlike other companies, we’re fierce when it comes to finding the best alternatives for our clients and their businesses.

We know that business banking and getting loans are challenging tasks. All clients want lenders to tailor repayments to their needs, and they often wish to get a competitive interest rate.

We work with top companies that can help you get a loan for business purposes. Furthermore, our specialty is doing everything in our power to help you locate the best options.

Lender Choices for Business Purposes

There are many businesses looking for car loans who quickly work out the options are endless, often they’re not sure if they are getting the best deal! This is where Westend Finance come in!

We have an extensive panel of lenders who are willing to support small businesses and our team of business car loan experts will put together the finance options suited to your business needs.

Depending on your scenario, you may get various finance options. Some clients choose to make a balloon payment, while others prefer different loan terms. Regardless of what you choose, we’re here to guide you!

Loan Contract Types

There are different types of loans when you are considering a business car loan. Knowing the best options for your business can get confusing. Some common options a lot of businesses choose are:

Chattel Mortgage

A popular contract type for a business car loan. This is a business purpose contract the gives a business ownership of the car from the beginning. This means the car will be included as an asset and liability on the company balance sheet. Tax concessions may also be available, and we recommend this be discussed with your accountant upfront.

Commercial Hire purchase

Not widely used anymore but can still have a place depending on your business. This is a business purposes contract that is an offer to hire the car from the finance company. At the end of the contract, you will take ownership of the car.

New and Used Cars

A business car loan can be used to purchase new or used cars. This is great news as you may not want to purchase new and often you might need a specialist car already fitted with a trade pack which may only be available in the used car market. Lenders and Banks do have vehicle age policies so talk to us about your car loan before buying to check if the car you want will qualify for finance.

Business Car Loan Interest Rates

Are you wondering about interest rates for your next business car loan? The great news is interest rates on a business car loan are fixed, and this gives you the benefit of knowing payments won’t change. This helps greatly when managing business cashflow!

Interest rates for a business car loan can differ between the age of the car, how long you have been in business, if you are buying property or renting, loan term, credit scores, and more.

With all these variables it can be hard to know exactly what interest rate you will pay on your business car loan. Luckily our team of experienced business car loan brokers right here in Perth are ready to help you! Contact us or apply now and we’ll be in touch to get your business car loan moving in no time!

Calculator

With our calculator, you can determine how much your car loan repayments will be each month. Using this tool is immensely easy – just fill in the necessary fields and get started.

If you want to get a loan for a business vehicle, you should be ahead of everything. Therefore, having an idea of how much you’d need to pay is a significant benefit. Take advantage of our calculator to stay on top of your financial goals!

Frequently Asked Questions

Getting a business car loan should be considered carefully. This really isn’t a decision you should make on your own, so we recommend discussing your business needs with one of our loan experts.

A business car loan comes with many benefits including realising the business growth you had planned sooner, protecting your cash flow, and accessing additional profits if the asset you are purchasing produces income for the business.

There may be tax benefits available to your business if you are financing a business car. We are not tax advisors so we would recommend you seek taxation advice through your accountant prior to finalising your business car purchase.

Talk to us to discuss your business requirements and objectives today.

Yes, most business owners can apply. Generally, you must be carrying on a business and be registered to operate as a business. Lenders and Banks will check how long your ABN has been registered when you apply for finance. The rule of thumb is 2 years ABN and GST registration. Not to worry if your business falls short of the general ABN requirements, we do have other loan options for a business car loan available.

Talk to us to discuss your business requirements and objectives today.

Selecting a car that suits your business or company is very important! We finance all types of cars, and we will ensure we match your business and preferred car with the right finance company. The age of the vehicle can be what determines which finance company we deal with. Most finance companies prefer vehicles that are no older than 7 years at the time of the loan application, or, 12 years of age at the end of the loan contract. However, we do have business car loan options for older cars too. Talk to us today about your next business car loan!

Applying is simple and easy with Westend Finance! Let’s match your business or company to the right financier to get your business car working and making you money right away! Apply today to submit your application! From here we will research the companies that can partner with your business to offer financing and present you with the options. You’re in control, and once you’ve selected a lender, we can submit the application. Once approved, funding for your new vehicle will be available within 24 – 48 hours.

Working with experts is the best way as we manage the whole process for you. Get in touch with us if you want professional help!

Some Of Our Lenders

Customer Reviews

Benjamin Tatulli
Benjamin Tatulli
08/08/2023
Would highly recommend! Ben was great to deal with, very helpful, thorough and personable. A great experience, Thanks!
Thomas Allan
Thomas Allan
17/07/2023
Highly recommend and will used Westend Finance again. Ben helped us get finance over the line quickly within a tight timeframe and communicated clearly with us through the whole process.
Rebecca Scott
Rebecca Scott
01/07/2023
Ben at Westend Finance is amazing, so professional and proficient. He has helped us with our finances many times and we trust him 100%. Highly recommend ⭐️⭐️⭐️⭐️⭐️⭐️
Titus C.
Titus C.
29/06/2023
Ben service is super excellent and fast. This man knows his job.
Steve Tonkovich
Steve Tonkovich
16/06/2023
Ben from Westend Finance was super fast, professional and had everything organised for us. Full of knowledge and happy to help answer any questions we had. Nice to know there are still professionals out there willing to actually get the job done ???? Would highly recommend to anybody needing finance. Thanks so much Ben ????????
Dhani Bowes
Dhani Bowes
01/06/2023
This has been the best service I have had in a long time easy quick and simple highly recommend, will be using Ben again and again thankyou for your service
Brianna Barrow
Brianna Barrow
07/05/2023
As a first home buyer Ben made the process very straight forward and helped me every step of the way with any questions I had. I Highly recommend Westend Finance to anyone in need of a great broker.
Brent Patroni
Brent Patroni
21/02/2023
We have used Ben for car and home finance, after dealing with many brokers, we have found Ben to be open and transparent, he has literally saved us thousands of dollars! We recommend Ben to all of our friends and family.
Jared Stewart
Jared Stewart
11/12/2022
Ben provided a great service with exceptional customer service and great communication witch made the process very easy and straight forward.. I would recommend to anyone.
Chris Wade
Chris Wade
30/11/2022
Ben was absolutely awesome to deal with professional in every sense of the word would recommend his services highly .

Contact Westend Finance Today

(08) 6406 2490 / info@westendfinance.com.au