A variety of vehicles are eligible for business car finance, including new and used cars, light commercial vehicles, trucks, vans, and certain specialty vehicles. Eligibility criteria may vary by lender and depend on the vehicle's intended business use.
About Business Car Finance
Welcome to Stratton Finance, your reliable broker for business car finance solutions. Whether you're a small start-up looking to purchase your first company car or an established corporation needing a fleet of vehicles for operational use, we can find you the right finance solutions to suit your requirements. With potential tax benefits and flexible terms on offer, business car finance can be a cost-effective way to keep your operations running smoothly.
We offer a range of business car loan options, including chattel mortgage, hire purchase, and finance lease, all tailored to meet the unique needs of Australian businesses.
Try our simple car loan calculator to estimate your finance repayments or use our quoting tool to explore a range of rates and repayment options from our panel of lenders.
Our business car finance solutions are designed with flexibility in mind, offering options that work whether you're adding a single vehicle or an entire fleet. With a range of finance products available, including options that may not require tying the loan to the vehicle, we aim to simplify the approval process and keep your operations on the road.
When you choose Stratton, you’ll be assigned a dedicated business finance broker to guide you through every stage of the process. From finding you loan options to managing your finance application, your broker will be there to ensure a smooth experience from start to finish.
In addition to securing the right finance package that suits your needs, we can assist with a comprehensive business car insurance solution, ensuring your vehicles are covered and your business is protected.
Partner with Stratton for your business car finance and experience a streamlined, efficient process that gets your business moving forward.
Am I Eligible?
Eligibility depends on your circumstances and the specific requirements of each lender. One of the key benefits of choosing Stratton for business car finance is our access to a vast network of lenders, each offering unique criteria and flexible terms. Your broker will take the time to understand your situation and work to secure the best finance rate and repayment options suited to your needs. Some of the factors that will be considered include:
- Your property status – Do you own or rent your property?
- Your employment status – Whether you are an employee or run your own business
- How long you have been in your job or held your ABN
- Your credit history: We perform these checks on your behalf
- Your residency status
- Your previous finance history
- Your assets, liabilities, expenses and savings
Benefits of Business Car Finance with Stratton
Anytime, Anywhere, Anyhow
Whether you prefer to speak with one of our dedicated local team members or apply online, Stratton Finance gives you the flexibility to choose how you navigate your car finance application process.
Financial Flexibility
Our lenders offer a wide range of flexible options, including no early termination fees, variable loan terms, and the ability to add a residual/ balloon payment.
Lifetime Support
We’re here for you throughout the life of your loan. Whether you need help figuring out how much you owe, changing your details, or assessing your changeover options, Stratton Finance is by your side.
Why Choose Stratton For Car Finance?
Award-Winning Brokers
Best Car Loans by ProductReview 2021–2024 and Best Large-Size Brokerage by WeMoney 2023 & 2024!
We Have Unmatched Experience
With over 25 years of experience helping more than 150,000 people access $8 billion in finance, we have the knowledge you need.
Real People Delivering Exceptional Service
With a 4.8 out of 5 customer rating, we are focused on providing outstanding service to keep you informed at every step, ensuring the best outcome for you.
Vehicle Finance Options
We can assist with finance for a variety of vehicles
Don’t take our word for it!
Our reputation precedes us. See why our customers rate us so highly!
Award-Winning Leaders in Asset Finance
Our success is driven by a strong commitment to exceptional service and customer satisfaction.
Our Lenders
We have done the hard work building relationships with lenders so you get the best rates! Some of the lenders on our curated panel include:
Our Process: Simple and Transparent Car Finance
From start to finish, we’re with you every step of the way, helping you get the keys in your hands!
How it all works
Understanding Your Needs
We don’t treat you like just another number. Our brokers take the time to understand your specific needs to find the best car finance options from our panel of over 40 lenders.
Apply for the Right Deal
Once you are happy with an option that fits for you, your broker will take you through the application. Approvals can occur within 24 to 48 hours.
Get the Keys or Funds in Your Hands
If approved, we guide you through the settlement process to finalise the paperwork and payment. Once everything is settled, you’re ready to pick up your new car and hit the road with confidence.
Providing Ongoing Support
Stratton Finance supports you throughout the life of your loan, ensuring you always have the assistance you need.
Frequently Asked Questions About Business Car Finance
Business car finance enables companies to purchase or lease vehicles, spreading payments over time to support cash flow and potentially gain tax benefits. Generally, the lender retains ownership until the loan is repaid. With a Chattel Mortgage, however, the business gains immediate ownership, using the vehicle as loan security. The key difference between business car finance and a Chattel Mortgage is that a Chattel Mortgage arrangement places the asset on the company’s balance sheet, allowing possible tax deductions on depreciation and interest, depending on eligibility.
Yes, you can finance a car with an ABN. At Stratton Finance, we help ABN holders secure competitive finance options for their vehicles. Whether you're a sole trader or running a business, we work with various lenders to provide tailored solutions. Your broker will assess your situation and guide you through the process to find the best financing option for you.
Deciding between personal and business car finance comes down to how you'll use the vehicle. If it's mainly for business, opting for business car finance could give you tax advantages on interest and depreciation. If you're using it for personal or mixed purposes, personal car finance might be a better fit. Stratton’s expert brokers are here to help you figure out what works best for you.