Commercial Vehicle Loans Perth

Commercial Vehicle Loans Perth

Take that next step with Westend Finance

For your commercial car loans in Perth, look no further than Westend Finance. Specialising in commercial vehicle loans for over ten years, I know what to look for and who to go to for a great loan package.

When to get a commercial vehicle loan

A commercial car loan is perfect for a business owner or sales representative who is using the car for more than 50% business use. There is a wide range of business car loans available and all provide different benefits, so it’s important you choose the right contract for your circumstances.

Some common loan contracts for commercial car loans include:

Chattel Mortgage

  • Customer takes ownership of the asset from day 1
  • 100% finance available to help preserve business cash-flow and working capital
  • The vehicle being purchased will be used as security for the loan, which avoids involving other assets and property for the loan
  • Tax benefits may be available if the vehicle is used for business purposes*

Hire Purchase

  • Ownership will rest with the finance company, and the customer can enjoy all the benefits of full ownership
  • No deposit – 100% finance
  • The vehicle being purchased will be used as security for the loan, which avoids involving other assets and property for the loan
  • Once the final loan instalment is paid the asset ownership is transferred to the customer
  • Tax benefits may be available if the vehicle is used for business purposes*

Finance Lease

  • The finance company will purchase the asset and lease it back to the customer for a fixed monthly payment
  • At the end of the lease period, the asset is returned to the finance company, which is then sold at auction or back to the customer
  • A residual/balloon payment is compulsory
  • The goods financed are an off-balance sheet asset/liability – this option does not affect the net worth of your business
  • Tax benefits may be available if the vehicle is used for business purposes*

(*) consult your accountant if you need tax advice.

Freedom of choice

It doesn’t matter where you’re buying from or whether the vehicle is new or used. Whether you’re buying from a dealership, auction house or a private seller – I’ve got you covered.

Fleet finance

Looking for a commercial vehicle or equipment finance package to take your business to the next level? I’ll structure the perfect package for you, whether you’re a sole trader, partnership, company or trust. And you’ll be glad to know I specialise in low-doc finance. Plus, I treat every client with the same respect and genuine commitment to get you a finance package to meet your business needs.

Dealer finance – not always the best option

Look at your options before you start looking for the right vehicle. Working with me, you’ll get to compare more options and I do all the hard work. I compare products based on your specific goals and objectives, get back to you with the best options, and explain it all to you in simple English so that you can make a decision quickly and easily.

Connect with Westend Finance for Commercial Vehicle Loans Perth

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