Compare Ute Finance from 50+ Australian Lenders
Finance single or dual cab utes for your business with flexible structures like chattel mortgage, hire purchase, or lease. Sharp rates, fast approvals.
5.0 rating
Ute Finance Made Simple
Whether you’re a tradie, courier, or landscaper, a ute is often the backbone of your business. Finance options tailored to cash flow and asset life.
Borrow With Confidence
From $10,000 up to $150,000+ depending on profile and vehicle
Flexible Terms
1 to 7 year terms with optional balloons/residuals
Fast Approvals
Same-day approvals possible for eligible applications
New or Used
Finance available for dealer, auction, or private sales
Tax-Smart Structures
Chattel mortgage, hire purchase, lease options available
Work-Ready Fit-Outs
Can finance toolboxes, trays, racks, and signwriting
How it works
We match your application with lenders who specialise in business ute finance so you can compare options with confidence.
Apply online in 3 minutes
Share your business details, ute preference, and budget.
See matched options
Our Lender Match technology compares finance structures and rates.
Upload documents
Provide ID, ABN, and bank statements (or financials for higher limits).
Settle & collect
We liaise with the seller so you can drive away in your new ute.
Backed by over 50+ lenders
Giving you the best chance of being approved.
A quick guide to ute finance
Ute finance helps Australian businesses and sole traders secure vehicles essential for day-to-day operations without draining cash reserves. Common structures include chattel mortgage (ownership from day one), hire purchase (ownership transfers at the end), and finance lease (use the ute during the term, with a residual).
Repayments and terms depend on turnover, credit profile, and the age/value of the vehicle. Many lenders allow balloons to lower repayments, matching costs to asset life. From construction and landscaping to courier services, the right ute finance structure ensures reliability and smooth cash flow.
Want to skip ahead?
This guide is broken into sections. Click below to skip ahead:
Types of ute finance
Choose the structure that best fits your business needs:
What can I use ute finance for?
Utes are one of the most versatile vehicles in Australia. Finance can cover work, transport, and specialist business needs.
Trades & Services
Finance dual-cab or single-cab utes with toolboxes, racks, and trays—ideal for plumbers, electricians, and builders.
Construction
Secure heavy-duty utes capable of hauling equipment, materials, and workers across worksites.
Delivery & Couriers
Get reliable vehicles to support parcel, logistics, and last-mile delivery businesses.
Landscaping & Gardening
Finance utes to transport soil, plants, and machinery, keeping jobs running smoothly.
Mobile Repairs & Maintenance
Set up fully equipped service vehicles for mobile mechanics or on-site repairers.
Fleet Expansion
Add multiple utes to your fleet to support business growth and contracts.
Case Study
Sophie T, GreenScape Landscaping
Balancing repayments with a balloon
Industry: Landscaping
Challenge: Needed a new dual-cab ute but wanted to keep repayments lean during the slower winter season.
Solution: Chattel mortgage with 60-month term and 25% balloon aligned to resale value.
A Melbourne landscaping company financed a dual-cab ute with tray and toolboxes. By structuring a balloon, they kept repayments low across the quieter months while preserving working capital for staff and supplies. The balloon is expected to be covered by resale at the end of term.
How much can I borrow with ute finance?
Typical facility sizes range from $10,000 to $150,000+ per vehicle. Limits depend on turnover, trading history, vehicle value, and your credit profile. Many lenders fund up to 100% of purchase price for new vehicles, while older models may attract shorter terms and lower LVRs.
Ute Finance Repayment Calculator
Estimate repayments and total costs before you apply. Adjust amount, rate, term, and balloon to fit cash flow.
Balance over time
Am I eligible for ute finance?
Eligibility focuses on serviceability and vehicle suitability. Newer utes generally qualify for sharper pricing and longer terms. Solid bank statements and stable turnover improve approval odds.
You may be eligible if you are:
An Australian business with active ABN (GST preferred for larger limits)
Over 18 years old
Trading for at least 6–12 months (case-by-case for start-ups)
Minimum monthly turnover of $5,000–$10,000
Purchasing an eligible vehicle (single cab, dual cab, 4x4, light commercial)
How to apply for ute finance?
Complete our online application in minutes. We’ll compare offers from specialist ute lenders, then arrange settlement directly with the seller.
Documents you may need:
ABN and GST details
Photo ID (licence or passport)
Business bank statements (3–6 months)
Tax returns or BAS (for higher limits)
Vehicle details (VIN, rego, invoice or quote)
How to save money on ute finance
Compare structures (chattel mortgage vs lease vs hire purchase) as rates, tax treatment, and cash flow outcomes differ. Balloons can reduce monthly repayments but ensure they match expected resale. Financing accessories like trays and toolboxes at settlement can also be cheaper than adding them later. Newer vehicles generally qualify for sharper pricing, while avoiding unnecessary add-ons keeps total costs down.
Example: Balloon impact — $50,000 over 60 months at 8.49% p.a.:
| Balloon | Approx. Monthly Repayment | Notes |
|---|---|---|
$0 | $1,027 | Highest monthly cost |
10% ($5,000) | $936 | Lower monthly cost |
20% ($10,000) | $845 | Balance of cost vs cash flow |
30% ($15,000) | $754 | Lowest monthly cost; ensure resale value covers balloon |
Understanding ute finance options
Finance for utes can be structured in different ways depending on your business needs and cash flow strategy:
Secured vs Unsecured
Most ute finance is secured against the vehicle, lowering rates. Some unsecured options exist but usually with higher costs.
Balloon/Residual Payments
Keep repayments lower by deferring a lump sum to the end. Refinance, pay out, or trade-in when due.
Fixed vs Variable Rates
Fixed rates provide repayment certainty. Variable may save money if rates fall, but add risk if they rise.
Early Repayment Flexibility
Some lenders allow early payouts or extra repayments, while others charge fees—important for fleet upgrades.
Bundled Accessories
Toolboxes, racks, trays, or signwriting can often be financed at the same rate as the ute itself.
Testimonials
Verified Review
Thanks for all your help and dedication, it was super fast and easy to get my vehicle load approved and they found my vehicle in less then a day. smooth ans swift thanks Peter!
Barend B.
Verified Review
Emu Money is an excellent choice for anyone seeking a personal loan. The website is user-friendly and makes the loan process straightforward and hassle-free. I've also heard similar positive feedback from friends who have used the site. Thank you Emu!
Taz A.
Verified Review
I had an excellent experience with Emu Money as they managed my car financing process smoothly and quickly. They were extremely professional and proactive, making the entire process stress-free. From start to finish, Emu Money’s team ensured that everything was handled efficiently, keeping me informed along the way. I appreciate their responsiveness and dedication, which made the process seamless. Highly recommend Emu Money for anyone looking for a reliable and professional financial partner!
Zain R.
Verified Review
Just the best organiser and extremely helpful 👌. Strongly recommend!!!
Cleo C.
Verified Review
Incredibly seamless experience! Highly recommend
Tracy W.
Verified Review
Peter was very quick, responsive and easy to deal with. Great experience, and we're picking up our new car tomorrow!
Olivia F.
Frequently Asked Questions
Business Ute Finance FAQs
These helpful FAQs will help you find the answers you need. If you can't find what you're looking for, you can request a callback below.
