Car loans for Business

Need a new vehicle to power your business operations, manage your fleet, or get your team on the road? At Ferns Finance, we offer specialised car loan solutions for businesses designed to drive your enterprise forward.

Drive your business forward

Personalised Car Loan Solutions for Your Business Needs

Acquiring the right vehicles is essential for many businesses, whether it's for deliveries, client visits, transporting equipment, or providing company cars for your team. However, financing a business vehicle requires a different approach than a personal car loan, with considerations for cash flow, tax implications, and operational efficiency.

At Ferns Finance, we understand these unique demands for businesses across Beenleigh, Logan, Scenic Rim, and the Gold Coast. We specialise in business car loans, designed to get your enterprise the vehicles it needs to operate smoothly and expand effectively.

How Ferns Finance Simplifies Your Business Vehicle Finance:

We work with you to understand your business structure, cash flow, and tax objectives, ensuring the car loan is a strategic asset for your company. Ferns Finance leverage our extensive network to find the best fit:

  • Extensive Lender Network: We work with over 60 banks and specialist commercial lenders who offer a wide range of business vehicle finance options. This includes:
    • Chattel Mortgages: A popular choice for businesses that want to own the vehicle outright and claim GST upfront.
    • Hire Purchase: An option where you lease the vehicle with an option to purchase at the end of the term.
    • Finance Lease: Allows you to use the vehicle for a fixed period with regular payments, without taking ownership.
    • Operating Lease: Off-balance sheet finance where the lender retains ownership, often preferred for tax or asset management reasons.
  • Tailored to Your Business: Whether you need a single utility vehicle, a fleet of delivery vans, or executive cars, we'll match you with a solution that aligns with your business's specific needs, cash flow, and depreciation strategy.
  • Tax & Cash Flow Benefits: We'll help you understand how different loan structures can impact your tax position and improve your business's cash flow management.
  • Avoid the Hassle: Forget the complexities of dealing with multiple banks. We handle all the legwork, from comparing competitive rates and terms to managing the application process, saving you valuable time and effort.
  • Fast Approvals: We understand that time is money in business. Our streamlined process aims for quick approvals, getting your new or used business vehicle on the road without unnecessary delays.

Don't let vehicle acquisition slow down your business momentum. Talk to us today for expert, obligation-free advice on securing a business car loan that drives your success.

Your fleet's future with our business car loan process

From understanding your business needs to driving away in your new vehicle, here are the steps we take to get your business on the road.

Angle Right Icon
Let's talk today
1

Defining Your Business Vehicle Needs

‍Let's start by understanding what your business needs from its vehicles. Get in touch to discuss your current financial situation, fleet requirements, and growth plans. We can connect in person or online – whatever is most convenient for you.

2

Tailored Loan Solutions for Your Business

‍We'll meticulously compare options from a wide range of loan providers, specifically seeking out solutions that align with your business's financial structure and operational goals. Our aim is to create a precise shortlist of car finance options that best suit your commercial objectives.

3

Getting Your Business Pre-Approval

‍Once you've selected a preferred lender from our recommendations, we'll efficiently secure your pre-approval. This step clarifies your business's borrowing capacity, empowering you to shop for vehicles with a clear budget and confidence.

4

Sourcing Your Business Vehicles

‍With pre-approval in hand, it's time to find the perfect vehicles for your business! Whether you're looking for a single asset or building out a fleet, you can confidently proceed. We can even connect you with professional vehicle sourcing services to help you find the best commercial deals.

5

Finalising the Business Finance

‍Once your business has test-driven and selected its new vehicles, we'll take care of all the heavy lifting. We'll meticulously work with your chosen lender to secure the finance, ensuring all paperwork and agreements are precisely handled for your commercial acquisition.

6

Drive Your Business Forward!

‍The finance is secured, and the keys are ready! All that's left is to finalise the purchase. You can now pick up your new business vehicles and get them working for you, driving your operations forward efficiently and effectively.

Explore your loan options & their features.

There are a number of different loan types and features available to you, learn more below. We are here to help answer your questions when you’re ready.

Commercial hire purchase

Obtain the business equipment or car you need through a hire purchase loan, where you pay hire charges over a fixed period. As soon as all your hire purchase payments are complete, ownership of the asset is transferred to you.

Chattel mortgage

Commonly used by business owners and operators for car and equipment finance.  With a chattel mortgage, the asset is owned by you from the outset and the loan agreement is secured by the asset.

Finance lease

Finance leases are flexible leases for businesses wanting the option to buy at the end of the lease or hand back the asset.

Novated lease

A novated lease is one of the easiest and most cost-effective ways to buy and own a car. This way, the financier owns the asset, while you and your employer sign a novation agreement to share the responsibilities of the loan.

Angle Left Icon
Angle Right Icon

Helpful calculators.

Explore your financial possibilities and understand potential costs with these handy calculators.

Balloon Payment Calculator

Use the balloon payment calculator to understand the impact that a balloon payment will have on your monthly loan repayments and the total amount of interest you’ll be required to pay.

Calculate now

Car Loan Calculator

Find out how much your car loan repayments will be, and the total interest charged for the car loan.

Calculate now

Frequently asked questions.

View our full FAQs
Angle Right Icon

Are finance brokers regulated?

Yes, finance brokers are regulated to ensure they operate fairly and transparently. In many countries, brokers must be licensed and adhere to specific industry standards. This regulation helps protect consumers by ensuring that brokers act in their clients' best interests and provide accurate information.

Before working with a broker, it's advisable to verify their credentials and ensure they are compliant with local regulations.

Are there differences in borrowing power between Brisbane and Gold Coast properties?

Yes — location affects property values and lender risk profiles. We’ll assess your borrowing capacity based on the exact suburb you’re targeting.

Are there loans for building or renovating in Tamborine?

Yes, we can help with construction loans or renovation-specific personal loans. Even if you’re just upgrading a shed or adding a studio — we can find options.

‍

Can I still get a home loan in Logan with a low deposit?

Yes! There are low-deposit options available, including First Home Guarantee schemes and lender-specific products. Ferns Finance Brokers can help you find the best fit based on your situation.

Can a finance broker help with bad credit?

Yes, finance brokers can assist clients with bad credit. They have access to lenders who specialize in offering loans to individuals with less-than-perfect credit histories. Brokers can help you understand your options and find a lender willing to work with your situation.

While securing a loan with bad credit may come with higher interest rates, a broker can help you navigate these challenges and find the best possible terms.

Can you help me refinance my current mortgage to a better deal?

Absolutely. We offer free assessments to compare your current rate with what’s available — and if there’s a better option, we’ll make it easy to switch.

Do I have to come into an office to apply?

Not at all! We offer phone, video, and online appointments — perfect if you're in a rural spot or juggling a busy schedule.

Do I need a finance broker?

Whether you need a finance broker depends on your financial situation and comfort level with the borrowing process. If you have a good understanding of financial products and feel confident negotiating with lenders, you may not need a broker. However, if you're unfamiliar with the process or have specific needs, a broker can provide valuable assistance.

Ultimately, the decision should be based on your individual circumstances and preferences.

Do you help with house and land packages in new developments around Logan or Yarrabilba?

Definitely. We often work with clients purchasing in estates like Yarrabilba, Flagstone, or Ripley Valley. We can guide you through finance stages tied to construction.

‍

Do you offer asset finance for tradies or service businesses in Logan or Gold Coast?

Yes — we can assist with vehicle loans, tools, office fit-outs, and more. If it helps your business grow, we’ll help you finance it.

Do you work with local real estate agents and conveyancers?

Yes — we have a strong local network and can connect you with trusted professionals to make the process smooth.

How do finance brokers get paid?

Finance brokers typically earn their income through commissions paid by lenders when a loan is successfully arranged. This means that their services are often free for clients, as the lender covers the broker's fees. However, some brokers may charge a fee directly to clients for their services, especially if they provide additional consulting or financial planning.

It's important for clients to clarify the payment structure with their broker upfront to avoid any surprises later in the process.

How long does approval usually take in Logan or Gold Coast?

Depending on the lender, approvals can take 2–10 business days. We’ll prep your application to reduce delays.

How to choose a finance broker?

Choosing a finance broker involves several key considerations:

  • Experience: Look for brokers with a proven track record in the industry.
  • Reputation: Research reviews and testimonials from previous clients to gauge their reliability.
  • Services Offered: Ensure the broker provides the specific services you need, whether it's mortgages, personal loans, or business financing.

Taking the time to choose the right broker can lead to a more successful borrowing experience.

I run a small business in Beenleigh — can I get a home loan without two years of tax returns?

Yes! We have access to lenders who accept alternative documentation for self-employed applicants, including BAS statements and bank feeds.

I’m a sole trader — can I still refinance or consolidate debt?

Yes, and it’s often a smart move. We’ll help you restructure debt so it works better for your income style.

What are the benefits of using a finance broker?

Using a finance broker offers several benefits, including:

  • Access to Multiple Lenders: Brokers have relationships with various lenders, giving clients access to a wider range of financial products.
  • Expertise: Brokers are knowledgeable about the finance industry and can provide valuable advice tailored to individual circumstances.
  • Time-Saving: Brokers handle the paperwork and negotiations, saving clients time and effort.

Overall, finance brokers can simplify the borrowing process and help clients make informed decisions.

What documents do I need for a finance broker?

When working with a finance broker, you'll typically need to provide several documents, including:

  • Proof of Identity: A government-issued ID, such as a passport or driver's license.
  • Income Verification: Recent pay stubs or tax returns to demonstrate your financial stability.
  • Credit History: Brokers may request your credit report to assess your borrowing eligibility.

Having these documents ready can streamline the process and help your broker find suitable options for you.

What government grants are available for first-home buyers in Queensland?

As of now, eligible first-home buyers in QLD can access the First Home Owner Grant and possibly stamp duty concessions. We’ll check your eligibility and help with the paperwork.

What is a finance broker?

A finance broker is a professional who acts as an intermediary between clients and lenders. They help individuals and businesses secure loans, mortgages, and other financial products. By leveraging their knowledge of the market, finance brokers can find the best deals tailored to their clients' needs.

Finance brokers are particularly useful for those who may not have the time or expertise to navigate the complex world of finance on their own. They provide valuable insights and guidance throughout the borrowing process.

What is the process of working with a finance broker?

The process of working with a finance broker typically involves the following steps:

  1. Initial Consultation: Discuss your financial needs and goals with the broker.
  2. Document Submission: Provide necessary documents for assessment.
  3. Loan Options: The broker will present suitable loan options based on your profile.
  4. Application Process: The broker will assist you in completing the application and submitting it to the lender.

This structured approach ensures that you receive personalised service throughout the borrowing process.

What should I ask my finance broker?

When meeting with a finance broker, consider asking the following questions:

  • What lenders do you work with? Understanding their network can help you gauge your options.
  • What fees do you charge? Clarifying costs upfront can prevent misunderstandings.
  • How will you communicate with me? Establishing communication preferences can enhance your experience.

Asking the right questions can lead to a more productive relationship with your broker.

Talk to us today about your options.

Talk to us today about your options. Whether you're in Beenleigh, Logan, Scenic Rim, or on the Gold Coast, Gwen @ Ferns Finance is ready to provide expert, straightforward advice.

Angle Right Icon
Contact us
Find what you're looking for
Angle Up Icon
Contact us
Angle Right Icon