Business Car Finance
- MOST COMPETITIVE FIXED RATES FROM 4.4%COMPARISON RATE 5.25%*
- car finance for small, medium & corporate clients
- no doc & low doc options
- tax effective structures for your business
Business Car Finance for Businesses of any Size
Needing a car to get to meetings? Perhaps you need a fleet of cars for your business? Make a new car a reality for your business with low rate finance from 360 Finance. Using a vehicle solely for the purpose of your business is an advantage for tax purposes as costs associated with both the purchase and running costs could be tax deductable. We can finance the purchase of:
- New cars
- Used cars
- A fleet of vehicles
- Trucks, delivery vans, utes etc
360 Finance understands how important the right car can be for your business. Even more than that, the right finance, can make the difference to your business cash flow and if not done properly can impact on the profit and loss of your business.
We can help you minimise the impact on your bottom line with easy, fast and convenient business car finance products to suit your situation. We can offer you fast, affordable finance because we help find the right loan or lease for you from the huge range of lenders that we work with. We can work with your Accountant, Financial Advisor or CFO to ensure you get the best solution for your business’s requirements.
Stephen was patient and professional at all times and bent over backwards to get us our loan!
Thank you for putting up with our consistent phone calls!
Benefit of 360 Business Car Finance
- Experienced business consultant to find the right finance for your business
- No Doc or Low Doc finance available
- Flexible repayment terms to suit your cashflow
- Tax effective options so you can claim GST and depreciation
- Options include Chattel Mortgage, Commercial Hire Purchase, Financial Lease and Refinancing
As with any business decision, there are a number of factors to consider. Our business finance consultant will help you work through these, but you may want to be prepared and have had advice from your accountant first. Consider the use, the loan type and gather your financial data. If you have this information available, it will help speed up the approval process.
Points to consider with Business Car Finance
Consider the primary use of the car. How do you intend to use this vehicle?
- Solely business – by any employee
- Personal vehicle used to attend to some business matters
You will need to decide which loan or lease suits your financial situation. Which one will work best for your business financial model?
- Chattel Mortgage
- Commercial Hire Purchase
- Car Finance Lease
- Low doc business car loan
You will need to consider your business’ financial situation and practices so you can be sure your business has an affordable repayment schedule. Purchasing a car can impact on your profit and loss statement and your balance sheet, so you want to be sure you have the right finance structure to suit your business goals.
- Tax Deductions
- Deposit, chattel, trade-in available
- Cash method or accrual method for GST
Start by calling 1300 361 360 or make a quick enquiry. You’ll be happy you did when you get behind the wheel of your new business vehicle.
Not only was the experience a very positive one, but it was also conducted in a very timely manner. This was appreciated.
Options When It Comes to Business Car Finance
Commercial Hire Purchase, also known as CHP, is a business finance product where the customer hires the vehicle from the financier for a set period of time and for a fixed monthly payment.
A Chattel Mortgage is a commercial finance product available if the vehicle is to be used predominantly for business purposes. It is very similar to a Secured Car Loan, whereby the financier lends the money to purchase a car or commercial vehicle and takes security over the vehicle by way of a mortgage.
Car Finance Lease
Car Finance Leases are also known as a Car Lease, Auto Lease, Vehicle Lease or Asset Lease. A Finance Lease is a rental agreement between the financier (the lessor) and you (the lessee) for a set period, whereby the financier purchases a vehicle on behalf of the lessee and agrees to lease it back to them for set regular payments.
Why finance your business car with 360 Finance?
When it comes to buying cars for business, we get it. We know that adding a vehicle to your business has impacts on your balance sheet, your profitability and your cashflow. Our expert business consultants understand that.
With our experience of working with 1000’s of business owners and over 20 specialised bank and nonbank lenders, we are confident we will find the right product for you. Competitive rates and realistic terms are the 360 Finance pledge. We even promise to beat any written quote you might already have found.
Start by calling 1300 361 360 or make a quick enquiry. You’ll be happy you did as you drive away to your next business meeting.