Compare Van Finance from 50+ Australian Lenders
Finance cargo, crew or refrigerated vans with flexible structures like chattel mortgage, hire purchase or finance lease. Sharp rates, fast approvals.
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Van Finance Made Simple
From last-mile delivery to mobile services, the right van keeps work moving. Finance tailored to cash flow, kilometre use and asset life.
Borrow With Confidence
Typical amounts from $15,000 to $200,000+ depending on profile and van
Flexible Terms
1 to 7 year terms with optional balloons/residuals
Fast Approvals
Same-day decisions possible for eligible applications
New or Used
Dealer, auction or private sales supported
Tax-Smart Structures
Chattel mortgage, hire purchase, finance lease
Fit-outs & Conversions
Shelving, refrigeration, racking and signage can be included
How it works
We match your application to lenders that specialise in business van finance so you can compare options with confidence.
Apply online in 3 minutes
Share business details, the van you’re eyeing and your budget.
See matched options
Our Lender Match compares structures, rates and terms side-by-side.
Upload documents
Provide ID, ABN/GST and bank statements (financials for higher limits).
Settle & collect
We coordinate with the seller so you can get on the road sooner.
Backed by over 50+ lenders
Giving you the best chance of being approved.
A quick guide to van finance
Van finance helps Australian SMEs and sole traders acquire mission-critical vehicles without a large upfront hit to cash flow. Common structures include chattel mortgage (you own the van from day one), commercial hire purchase (ownership transfers at the end) and finance lease (use the van during the term with a residual). Pricing depends on turnover, trading history, credit profile and the van’s age and kilometres. Balloons can reduce repayments to align costs with the van’s useful life. Whether you’re building a delivery fleet or converting a mobile workshop, the right structure keeps cash flow smooth while preserving working capital.
Want to skip ahead?
This guide is broken down into the following sections. Click a link if you want to skip ahead.
Types of van finance
Choose a structure aligned to tax treatment, ownership and cash flow:
Chattel Mortgage
A secured loan where you own the asset from day one while the lender holds a mortgage over it as security. Perfect for business equipment, vehicles, and machinery purchases.
Pros
- Immediate ownership of the asset
- Tax benefits - claim GST credits and depreciation
- Flexible repayment terms available
- Lower interest rates due to security
Cons
- Asset serves as security - risk of repossession
- Comprehensive insurance typically required
- Ongoing maintenance responsibilities
Best For
Established businesses looking to purchase equipment, vehicles, or machinery with immediate ownership and maximum tax benefits.
Hire Purchase
A financing arrangement where you hire the asset with an obligation to purchase it at the end of the term. Combines the benefits of gradual ownership with manageable monthly payments.
Pros
- Guaranteed ownership at term completion
- Fixed monthly payments for budgeting
- No large upfront capital required
- Tax benefits available during the term
Cons
- No ownership until final payment made
- Higher total cost than outright purchase
- Asset cannot be sold during the term
- Early termination may incur penalties
Best For
Businesses that want eventual ownership of assets but need to spread the cost over time, particularly suitable for essential equipment with long useful life.
Finance Lease
A lease agreement where you use the asset throughout the lease term with the option to purchase it at the end. Ideal for businesses wanting to preserve cash flow while accessing essential equipment.
Pros
- Lower upfront costs and deposits
- Preserves working capital and credit lines
- Tax deductible lease payments
- Option to purchase at lease end
Cons
- No ownership until lease completion
- Total cost may be higher than outright purchase
- Early termination penalties may apply
Best For
Growing businesses that need equipment access without large capital outlay, or companies wanting to preserve cash flow for operations.
Operating Lease
A rental agreement for business equipment where you use the asset for a set period without ownership obligations. Perfect for equipment that becomes obsolete quickly or seasonal business needs.
Pros
- No ownership responsibilities or risks
- Lower monthly payments than finance options
- Easy upgrades to newer equipment
- Tax deductible lease payments
Cons
- No equity built in the asset
- No ownership at lease end
- Limited customisation options
- Ongoing payment obligations
Best For
Businesses needing short-term equipment access, companies in rapidly evolving industries, or those wanting predictable operating expenses without ownership risks.
What can I use van finance for?
Vans are the workhorse of Australian business. Finance can cover purchase and fit-outs for a range of industries.
Local Deliveries & Couriers
Cargo vans for eCommerce fulfilment and last-mile routes with shelving and cargo barriers.
Trades & Contractors
Crew or mid-roof vans fitted with racking, partitions and power for tools and materials.
Refrigerated Transport
Chill or freezer conversions for food, floristry or pharmaceuticals with compliant insulation.
Mobile Services
Set up mobile workshops for mechanics, locksmiths, installers or on-site maintenance.
Event & Hire
Transport AV gear, staging and signage between venues with secure storage solutions.
Tourism & Shuttle
People-mover or crew conversions for hotel, airport or tour transfers (where eligible).
Case Study
Daniel R, Parcel Pace Pty Ltd
Lower repayments with a sensible residual
Industry: Courier & Logistics
Challenge: Needed two new high-roof vans to keep up with parcel volumes without straining cash flow.
Solution: Finance lease, 48-month term with a 30% residual aligned to expected resale value.
A Sydney courier business upgraded to two late-model high-roof vans. By selecting a finance lease with a residual, they reduced monthly costs and preserved capital for hiring drivers. The expected resale value is projected to clear most of the residual at term end, keeping upgrades simple.
How much can I borrow with van finance?
Typical facility sizes range from $15,000 to $200,000+ per vehicle. Limits depend on turnover, time in business, van age/kilometres and your credit profile. Many lenders fund up to 100% of the purchase price (plus on-roads and fit-outs) for newer vans; older vehicles may attract lower LVRs and shorter terms.
Van Finance Repayment Calculator
Estimate repayments and total cost. Adjust the amount, term, rate and balloon to plan cash flow before you apply.
Balance over time
Am I eligible for van finance?
Eligibility focuses on serviceability and vehicle suitability. Newer, lower-kilometre vans often attract sharper pricing and longer terms. Strong bank-statement health and stable trading history 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 6–12 months (start-ups considered case-by-case)
Minimum monthly turnover of $5,000–$10,000
Purchasing an eligible van (cargo, crew, people-mover, refrigerated)
How to apply for van finance?
Complete a quick online application and upload documents. We’ll source multiple offers across chattel mortgage, hire purchase and lease options, then coordinate settlement with the seller.
Documents you may need:
ABN and GST details
Photo ID (driver’s licence or passport)
Business bank statements (3–6 months)
Tax returns/BAS for larger limits
Vehicle details (VIN, rego, invoice/quote)
How to save money on van finance
Compare structures as well as rates—chattel mortgage vs lease vs hire purchase can change cash-flow, tax treatment and total cost. Choose a residual/balloon that aligns with the van’s expected resale value and your kilometres. Bundle fit-outs (shelving, refrigeration, partitions) at settlement so they’re financed at the same rate. Newer vans typically qualify for sharper pricing. Avoid unnecessary add-ons and consider total cost of ownership (tyres, servicing, fuel/energy).
Example: Balloon impact — $65,000 over 60 months at 8.49% p.a.:
| Balloon | Approx. Monthly Repayment | Notes |
|---|---|---|
$0 | $1,335 | Highest monthly cost |
10% ($6,500) | $1,216 | Lower monthly cost |
20% ($13,000) | $1,097 | Balance of cost vs cash flow |
30% ($19,500) | $978 | Lowest monthly cost; plan for resale/refinance |
Understanding van finance options
Van finance can be set up to suit repayments, ownership and upgrade cycles. Here are the key choices:
Secured vs Unsecured
Most van loans are secured against the vehicle for sharper rates. Unsecured options exist but with higher costs and lower limits.
Balloon/Residual Payments
Lower monthly repayments by deferring a lump sum to the end; pay out, refinance or trade-in later.
Fixed vs Variable Rates
Fixed offers certainty for budgeting; variable may save if market rates fall but adds interest-rate risk.
Early Repayment Flexibility
Some lenders allow extra repayments or early payout; others charge break fees—check before you sign.
Fit-outs at Settlement
Shelving, refrigeration and partitions can often be included in the initial finance at the same rate.
Testimonials
Verified Review
Emu Money is fantastic! I had Evie secure my personal car loan, and throughout the whole process she was very transparent. She gave me a comprehensive breakdown of the contract and guided me through the process. She's always available to chat, and is dedicated to her clients. She even advised me about my cash out limit that I didn't think of, which would've delayed me getting my car by another day. This reminded me to go to the bank directly. Her advice helped me a lot!
Akwesi A.
Verified Review
I had an amazing experience with Wendy Fonseka from Emu Money! Wendy guided me through the refinancing of my personal loan, helping me secure a much better interest rate and significantly lower repayments. Her efficiency, reliability, and professionalism were outstanding every step of the way. I'm incredibly grateful for her support and can't recommend her highly enough. I'll definitely be spreading the word to friends and family—thank you, Wendy!
Raam G.
Verified Review
I had the absolute pleasure of working with Bindiya Patel, and I can’t thank her enough for her immense help and outstanding service throughout the entire finance process. From the very beginning, she was professional, patient, and extremely knowledgeable, guiding me through every detail with genuine care. Bindiya went above and beyond to make sure everything was handled smoothly and efficiently. Her communication was always clear and prompt, and she made what could have been a stressful process feel easy and comfortable. I truly appreciate her dedication, honesty, and the personal touch she brings to her work. I would highly recommend Bindiya Patel to anyone looking for a trustworthy and supportive finance agent. She is simply amazing at what she does!
Jananie V.
Verified Review
Awesome to deal with. Brad was fantastic, nothing was too much trouble, handled all the hard work and let me get on with my business. Would totally recommend.
Charles L.
Verified Review
What an amazing experience I had with Baron from Emu Money. He provided efficient and reliable advice and services.
Kayla H.
Verified Review
Jackson helped me to get into a brand new car when no one else would consider me for a loan. Very happy with the service he provided.
jodie d.
Frequently Asked Questions
Business Van 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.
