Smart Vehicle Finance for Business Owners
Business Vehicle Finance
Need a car, van, ute, or fleet for your business? We help ABN holders and business owners secure flexible vehicle finance that keeps their operations rolling – with low-doc options and fast approvals.
5-Star Google Reviews
Satisfied Customers
Million In Funds Delivered
Business Vehicle Finance Benefits
At Lyft Money, we make it simple for Australian businesses to purchase the vehicles they need without impacting cash flow. Whether you’re a sole trader or managing a team, we tailor funding to your business and budget.
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Suitable for cars, vans, utes, and fleets
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ABN-only, full-doc, and low-doc options
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Fast approvals and minimal paperwork
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Choose from chattel mortgage, lease, or hire purchase
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Finance vehicles new or used from dealer or private seller
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Tax-deductible interest and depreciation (consult your accountant)
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Finance up to 100% of the purchase price
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Tailored terms from 1 to 7 years
Why Choose Lyft Money?
Access the right funding to grow, invest, and manage cash flow with confidence. Whether you’re expanding, purchasing equipment, or need working capital, Lyft Money provides tailored finance solutions to support your business.
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Finance for all business types
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Flexible loan options
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Fast approvals
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Competitive rates from 6.24%.
Our Services
Business Vehicle Finance
What, When, Who?
What is Business Vehicle Finance?
Business vehicle finance lets you purchase a vehicle under your ABN using structured, tax-effective finance options like chattel mortgage or lease. The vehicle is typically used as security, allowing for lower rates and longer terms.
When Should You Use Business Vehicle Finance?
Use this when:
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You need to upgrade or expand your vehicle fleet
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You want to preserve working capital
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You’d prefer tax-effective vehicle ownership
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You want to buy a vehicle under your business name
Who Is It Great For?
Perfect for:
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Sole traders and ABN holders
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Tradies, delivery drivers, mobile businesses
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Business owners wanting to claim vehicle expenses
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Companies growing their teams or fleet
Our Services
Lyft Money Business Vehicle Finance
Our Service
Business vehicle finance made simple – so you can stop chasing paperwork and start driving results.
Contact Us
Ready to Get Started?
Apply in minutes – no upfront costs, no obligation, and no impact on your credit score. Just straight-up support, when you need it
Testimonials
what people say about us
Jane Sonata
Travis Baker
Logan Diggs
Kate Morrison
Frequently asked questions
Find answers to commonly asked questions. If you still need help, feel free to contact us by clicking the blue button below.
1. Can I get finance with bad credit?
Yes, some lenders specialise in bad credit car loans.
You may pay a higher rate or need extra paperwork, but approvals are possible.
Example: A client with a default still secured a loan by showing stable current income.
2. Do I need a deposit, or can I get 100% finance?
No-deposit car and truck loans are common in Australia.
- A deposit lowers repayments but isn’t always required.
- Many lenders advertise “no deposit? no problem.”
3. What documents will I need?
For most applications you’ll need a driver’s licence, two recent payslips or three months of bank statements, and proof of insurance.
- If you’re self-employed, you may be able to apply under a low-doc option.
- If low-doc isn’t suitable, lenders will generally require six months of bank statements, an accountant’s letter, or recent tax returns.
Having these ready upfront helps speed up approval.
4. Can I pay off my loan early?
Often yes, but some lenders charge early payout fees.
- We’ll find you a product that suits your future plans.
- Example: Some loans allow unlimited extra repayments without penalty.
5. Are car loan rates fixed or variable?
Most car loans in Australia are fixed.
- This makes budgeting easier.
- Variable exists but is less common for cars.
6. Do I own the car if it’s financed?
Yes, you own it from day one.
- The lender just registers an interest until the loan is paid.
7. What happens at the end of my loan term?
With no balloon—you own the car outright.
- With a balloon—you pay, refinance, or sell the car to cover it.
8. Can I sell or trade in my car before paying it off?
Yes, you can — but the loan must be settled first.
- If you trade in with a dealer, they’ll usually handle the payout directly with your lender as part of the transaction.
- If you sell privately, the buyer can arrange finance to cover the payout letter and finalise your loan.
- Alternatively, if the buyer pays cash, they can clear the payout with your lender, and any surplus above the loan balance is paid directly to you.
9. What if my financed car is written off or stolen?
Insurance pays out first to clear your loan.
- GAP insurance covers any shortfall if the payout is less than what you owe.
10. What’s a balloon payment?
A lump sum due at the end of the loan to keep repayments lower.
- Example: $50,000 truck with 20% balloon = $10,000 due at term’s end.
- Works well if you plan to trade in or upgrade later.
11. Will applying hurt my credit score?
No, checking rates is usually a “soft check.”
- Only when you proceed with a specific lender is a “hard check” done, which can affect your score.
- This means you can shop around safely.