Upgrade your vehicle or grow your fleet without draining your cash flow. With competitive rates, $0 deposit, and fixed repayments, our business car finance helps you plan and stay in control. Quick approvals and local support to get you moving faster.
Get your business moving faster with our business vehicle loan offer
All rates available for new business only and are subject to change without notice. Credit eligibility criteria, terms and conditions, fees and charges apply and may change without notice. Products issued by Southern Cross Credit Union Ltd ABN 82 087 650 682. AFSL and Australian Credit Licence 241 000.
Applying for a Business Vehicle Loan is as easy. Contact us on 1300 360 744 and our team will walk you through the process. To get prepared, here is some information on our common application requirements.
To hold this product customers will need to satisfy eligibility criteria, including that the customer must:
A Sole Trader is a self-employed person who is an exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for losses.
Types of Information and ID Required:
A Partnership is an association of individuals or entities for the purpose of carrying on a business venture or business activity in common with a view to profit.
Types of Information and ID Required:
A Company is a separate legal entity capable of holding assets in its own name.
Types of Information and ID Required:
Products issued by Southern Cross Credit Union Ltd ABN 82 087 650 682. AFSL and Australian Credit Licence 241 000. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. To help you better asses if these products are right for you please reach out to our team or read through our Target Market Determinations (TMD), designed to help you make an informed decision that is consistent with your objectives, financial situations and needs.
Important: Available for new business only. All rates available for new business only and are subject to change without notice.
Business Vehicle Loan
*Advertised rate is a secured fixed rate.
We’ve partnered with Motor Scout to offer our customers an easy and transparent way to buy a new car with the haggle and negotiation done for you – all for free.
With a dealer network of more than 2,300 new car dealerships Australia-wide, Motor Scout not only takes the hassle out of negotiation but ensures customers receive a trouble-free buying experience.
With a 5-star online rating, it’s a seamless process linking your next car with an SCCU Business Vehicle Loan.
Get Help Finding Your Car
Local business drives local progress. That’s why we back yours – with lending that’s practical, flexible, and supported by people who listen.
In general, we will request ID verification documents such as drivers licence and passport, along with supporting documents such as bank statements. Knowing how to produce statements from your current bank and what the credit limit and balance of any credit facilities are, will be valuable.
You might need to supply other key documents when applying, such as:
Contact us on 1300 360 744 and our team will walk you through the process.
Applying for a Business Vehicle Loan is as easy. Contact us on 1300 360 744 and our team will walk you through the process. To help expedite the process, check out our Apply Now section above for eligibility and application requirements.
With a Business Vehicle Loan, you can borrow from $20,000 to $150,000 depending on your circumstances and ability to repay.
Having clarity on your goals and well as in your current budget is important to make sure you borrow what you need and can meet your loan repayments. During the application process, this information will be used to assess your borrowing capacity.
Customers make regular, scheduled repayments to pay down the loan balance over time. Additional repayments can be made without additional charges.
Paying extra can reduce your interest payable and help you pay off your loan sooner. Use our handy calculators above on this page to assess your repayments.
Yes. The Business Vehicle Loan will incur an application fee and monthly Fee. For a complete look at all fees, check out our Schedule of Fees and Charges Business Loan Products, found above or on our Product Disclosures page.
Customers are required to provide the newly acquired asset/vehicle as security for this loan. To learn more about this loan type and see which is right for you read our Target Market Determinations.
No. A redraw facility is not available for our Business Vehicle Loan.
Applying for a loan could affect your credit score both positively or negatively. To learn more about credit inquiries and how these can affect your credit score, contact a Credit Reporting Body. See more information at Moneysmart:
https://moneysmart.gov.au/managing-debt/credit-scores-and-credit-reports
From your first transaction to lifelong investments, with you across all financial life stages.
Years of age
Australian our NZ resident
Confirmed employment
If you'd like a little extra help, call our team on 1300 360 744.
