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 youâre 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 vanâs age and kilometres. Balloons can reduce repayments to align costs with the vanâs useful life. Whether youâre 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 6â12 months (start-ups considered case-by-case)
Minimum monthly turnover of $5,000â$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. Weâll 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 (driverâs licence or passport)
Business bank statements (3â6 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 ratesâchattel mortgage vs lease vs hire purchase can change cash-flow, tax treatment and total cost. Choose a residual/balloon that aligns with the vanâs expected resale value and your kilometres. Bundle fit-outs (shelving, refrigeration, partitions) at settlement so theyâre 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 â $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 feesâcheck 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
Highly recommend, process was simple and quick! very nice fella Jackson đ¤đź
Shayshay K.
Verified Review
The process with Emu Money has been fantastic â completely stress-free. Thank you EMU Money I cannot thank the team enough. Having been given an opportunity to get a loan when my bank turned us away. The service team has been absolutely brilliant. When you've become used to waiting times of an hour or more with other companies - I don't think I have waited more than a couple of minutes for this team. Plus, their phone staff are so nice to deal with. Great job. I just had to acknowledge it.
Pardeep M.
Verified Review
âď¸âď¸âď¸âď¸âď¸ Evette is amazing. As a sole trader I struggled to get finance for a car, but she worked tirelessly to make it happen and got me a great loan. Even when delays came up with the sellers bank, she kept on top of everything until it was resolved. I am so grateful and would 100% recommend her to anyone!
Sarah S.
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Theodore G.
Verified Review
What a great bloke to deal with... Thank you Brad for all your help and making our dream a reality. We will be contacting you again shortly.
John Z.
Verified Review
Robyn was very professional in her mannerism in organising us our loan . Robyn was always polite .. She kept us up to date and informed on the development of our loan even after hours as it was hard for us to speak to her during work hours . Very helpful when your not tec savy I would highly recommend Robyn to anyone needing to deal with Emu Loans and will definitely recommend her to friends and family . Keep up the great work Robyn You are a true inspiration to you job Karen Grimston
karen c.
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.
