In the market for a new vehicle to get your business moving? This is the perfect time to get a business car loan. Business car finance gives you the opportunity to purchase the vehicle your business needs without paying for the full cost upfront.
Business car loans are a convenient and cost-effective way for you to achieve your business goals. Aussie Car Loans offers commercial car finance solutions for individuals and companies seeking finance for vehicles to be used in the business or for employees.
Whether you require a new fleet, work van or a company car; the business car finance experts at Aussie Car Loans can help you save both time and money sourcing the right finance.
Aussie Car Loans can help you find the right car loan that fits the needs of your business. Aside from getting the car you need for your business as soon as possible; business car loans offer plenty of other benefits too.
When you take out a business car loan, you may get the following advantages:
There are plenty of car loan finance options out there, which can get overwhelming, especially for businesses. Aussie Car Loans is here to help alleviate some of that stress.
We can help business owners find an array of chattel mortgages, which works like your typical loan but are designed specifically for vehicles used for commercial purposes. When you get in touch with us, we’ll find a loan that suits your specific financial situation.
A chattel mortgage is a loan agreement where the funds are borrowed to purchase vehicles for commercial purposes.Business owners fund their commercial vehicle purchases through financing from a lender. The lender will use the vehicle as collateral or security in case the borrower defaults on the loan.
Similar to a traditional car loan, borrowers will make regular payments covering the cost of the principal amount borrowed plus interest. Borrowers have the option to add a balloon payment at the end of the loan term too.
With a chattel mortgage, business owners will be able to:
As you can see, a chattel mortgage comes with plenty of perks. See what your potential repayments will look like once you take out a loan using our handy repayment calculator.
Chattel mortgages can be used by business owners, sole proprietors, partnerships, companies, trusts, or anyone who holds an ABN (Australian Business Number). When applying for a chattel mortgage you’ll need:
For more information about chattel mortgage requirements, contact Aussie Car Loans today! Our team can apply for the loan for you and save you from all the stress too.
Still need more information about business car loan finance? Read up on the following business car loan articles.
Everything you need to know about Low Doc Car Loans and how it can affect your business.
Learn more about business car loans. This article details the different loan options available, tax implications, and more.
Explains the rules of instant asset tax write-offs. Learn all about how it works and what you need to do.
Not sure if leasing or buying a car is right for you? This article lists the pros and cons of each option to help you decide.
Aussie Car Loans, powered by carloans.com.au , has a team of expert brokers who can find the best, low-rate business car loan for you. Have a quick chat with one of our brokers to explain your financial situation, and they’ll help you find a business car loan that suits your needs perfectly.