FAQs

Commercial vehicle loans allow the vehicle to be accepted as security, subject to lender approval. Some self-employed car loan applicants may be requested to provide additional security or personal guarantee. This is assessed on an individual basis.

Yes. All commercial entities can select from Chattel Mortgage, Rent to Own, Lease and CHP to fund motor vehicles.

GST registration is not an essential requirement to be eligible to apply for commercial lending.

Prior to buying or applying, buyers can use an online credit calculator to work out estimates on vehicle funding.

Yes. On approval, all applicants can realise the features and benefits of the selected credit facility. That includes opting for a residual with Leasing or a balloon with Chattel Mortgage and CHP.

Small, self-employed enterprises are often asked to provide personal financials as part of the lending application.