Ute Finance

Whether you’re purchasing for the very first time, upgrading your current Ute or adding to the fleet, Motor Money will have the right loan to suit your business needs.
Purpose:
Loan Amount:
Loan Term:
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Why Motor Money?

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Open 7 days a week
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Same day loan approval
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Low-doc loans up to 250k
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The best rate in the market
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60+ banks and lenders to choose from
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Dedicated broker from start to finish
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Free credit checks
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Safe and secure data privacy

Do you qualify for a business loan?

Simply answer the following questions to see if you qualify:
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Congratulations!

You may qualify for an ABN loan
Apply Now

How does it work?

1

Apply

One of our experienced brokers will contact you to discuss your finance needs and objectives.

Your dedicated broker will then present a range of lending options tailored to your unique needs and business requirements.
Apply Now
2

Approval

Congratulations! At this exciting stage of the process you are only one step away from getting into your new ute. Your broker will take the time to go through all the features and benefits of your chosen loan.
3

Settlement

Payment is made the same day so you can get behind the wheel sooner.

100+ 5 Star Google Reviews

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BTRG PTY LTD

Extremely fast response time throughout the finance process and very stress free great business
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Harjinder Singh

It was a great experience with motor money finance. The process of the application is very easy and smooth. He is best and help a lot to make everything easy
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Daniella Storojenko

Could not speak highly enough about Chris and the team! Process was quick, seamless and easy. Super experienced and knowledgable team, highly recommend!
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Leslie Joyce

Great experience with these people. Worked very hard to meet a deadline and kept me informed all the way.

Choose from a panel of Australia’s most trusted lenders:

Business Loan Types

Low Doc

Low doc loans are a streamlined, time saving product designed to save you time and money. Provided you and/or your business meet one or more of the following criteria below, we can have your application approved without the need for complicated financials or income tax returns.

• Hold an active ABN for minimum of 12 months
• Use the asset for more than 50% business usage
• Clean credit file (no defaults or court judgements)
• In some cases be a property owner or provide 20% deposit
• Generally maximum borrow amount is $100,000

Contact us to determine whether this product is suitable for you.

Chattel Mortgage

In a chattel mortgage financing arrangement, funds are transferred from the financier to the seller and the new customer takes ownership of the vehicle when the purchase is made. The financier will take a ‘mortgage’ over the car which acts as a security interest. Once all repayments have been made and the contract is finalised, legal interest from the financier is released.

Commercial Hire Purchase

A Commercial Hire Purchase (CHP), is ideal for businesses that use the cash method of accounting as they are able to claim the GST associated with the vehicles purchase up front.

In a CHP agreement, the financier secures and pays for a vehicle on your behalf with an offer to hire it back to you for an agreed term. During the hire term you do not legally own the asset but can use it anyway you see fit.

Finance Lease

Similar to a Commercial Hire Purchase (CHP), in that the financier retains legal ownership over the asset whilst fixed repayments are made. However, a Lease differs from a CHP in that at the end of the term instead of ownership automatically transferring to the customer you have the option to return the asset, purchase outright for an agreed upon figure or extend the lease term.

Novated Lease

A novated lease is a cost effective way to make repayments on your vehicle with pre-tax income. The loan becomes a 3-way financial agreement between yourself, your employer and the bank.

Refinance

Are you unhappy with the amount of interest you are paying? Has your work or living circumstances changed? Is your balloon/residual payment due? Most of all, can you save money? The answer is yes!

Rent to Own

Are you starting a new business or looking to expand an existing one? Wanting the latest equipment to give your business the competitive edge? Motor Money can provide rent-to-own packages for small, medium or large sized equipment. Coffee machines, IT solutions, construction machinery, you may be surprised to learn what can be rented.

Business FAQ

How can I apply?

Business car finance entails obtaining a loan to purchase a vehicle instead of making an upfront full payment, typically when the vehicle is primarily used for business purposes (more than 51% business).

In this arrangement, you borrow funds and commit to repaying them with interest over a specified period. Various options are available, such as chattel mortgage, low doc, commercial hire purchase, finance lease, and rent to own. The specific terms, including interest rates and instalment payments, are contingent upon your business's financial circumstances.

Find out more about our types of car loanshere

How long does it take?

Business car finance entails obtaining a loan to purchase a vehicle instead of making an upfront full payment, typically when the vehicle is primarily used for business purposes (more than 51% business).

What are the fees?

Business car finance entails obtaining a loan to purchase a vehicle instead of making an upfront full payment, typically when the vehicle is primarily used for business purposes (more than 51% business).

Can I get business car finance if I have bad credit?

In some cases, yes. Business car finance remains accessible even if you possess a less-than-ideal credit history. At Motor Money, we maintain relationships with a diverse range of lenders, including those who specialise in accommodating businesses with imperfect credit records. Rest assured, our team is dedicated to advocating on your behalf to secure the most favourable loan terms for your individual situation.

We can help you with your business finance

Not sure which option is right for you?
Contact us today for an obligation free quote to discover your lending options.
Business FInance

Business Ute Finance

Whether you’re purchasing for the very first time, upgrading your current Ute or adding to the fleet, Motor Money will have the right loan to suit your business needs.

Our fast, hassle-free Ute Finance application gives you the freedom to either apply online or contact us directly, with a simple 3 step process:

Step 1
Submit your contact details via our online application or call 1800 808 909.
Step 2
One of our experienced brokers will confirm your personal & financial position.
Step 3
Once approved, funds can be made available within 24hrs.

Express Ute Finance

Our Express Ute loans are designed to benefit individuals required to use their vehicle for predominate business use (more than 50%). This can include individuals with a car allowance, ABN holders, sole traders, business & company owners. If you meet one of these criteria, you may be eligible for an express low rate Ute loan. Benefits of using this type of loan product can include; maximising your tax deductions,  lower interest rates, quicker approvals and faster settlements. Eligible on new & used Utes, dealership & private sales.

Express Ute Loans

There are a number of reasons to consider your business finance options when making your next purchase. With Motor Money’s experience and industry knowledge we can tailor the right loan to suit your individual and business needs.

  • Chattel Mortgage
  • Low Doc
  • Commercial Hire Purchase
  • Finance Lease
  • Rent to Own

To find the right loan that best suits your needs, contacts us today or click on the ‘Ute Loans’ button below for more information.

The loan type I need
Fixed rate loan
Variable Rate Loan
Secured Personal Loan
Loan amount
Annual interest:
And pay it off within the following years
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Balloon Payment:
Approximate Payments
Weekly Payment
$
100
Annual interest:
10
% p.a
Total interest:
$
10
Total repayments:
$
1010
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Why MotorMoney consistently gets positive reviews from our customers

Kate
Melbourne
Motor Money made my loan application very straightforward and easy. I phoned up and within a couple of hours I had confirmation on how much I could afford to borrow. They took care of the hard work which meant I could concentrate on finding the right car for the best price.

I highly recommend Motor Money to anyone looking for competitive finance and excellent service.
Alana
Melbourne
I have been using Motor Money for all my business needs for many years now. The team know my time is valuable and understand what is important to me.  Since changing my finance over to Motor Money I have saved thousands of dollars on reduced interest and fees. I find the staff to be very informative and motivated to find me the best possible deal.

I wouldn’t hesitate to recommend them to anyone needing finance.
James
Melbourne
Thank you Motor Money for making my purchase so quick and easy. I will definitely use you again in the future.

We can help you with your business finance

Not sure which option is right for you?
Contact us today for an obligation free quote to discover your lending options.