Thousands Eligible For Reduced Rate Work Ute
Or Equipment Funding

  • Ute Finance from $10,000 to $1mil+
  • Specialist finance for active ABNs – Available to all industries
  • Qualify for more than initially thought or at a better rate
  • No deposit, 100% tax deductible options
  • No buying restrictions: New or used ute for business

Get Pre-Approved in Less Than 60 Seconds

Check if I qualify

Finance to support business owners

No Hassle Ute Finance For ABN Holders

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Credit Score Protection: Genuine approvals without impacting
your credit score.
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Highest Approval Rates: Assistance for those with minor credit impairments – Less than perfect credit is okay
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No Buying Restriction: No purchase restrictions on industry, location, equipment or vehicle age
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No Financials Needed: Experts in low doc, no doc finance – Specialist finance for ABN holders

How it works

1 Get a FREE quote

Fill in our quick 60 second form for pre-approval

2 Get the BEST finance

Based on your information we will compare finance across our panel of lenders and provide you with the best loan options available.

3 Get FUNDING

Pick and finalise finance.

Minimum Ute Finance Requirements

Are over 18

Have a current and valid drivers licence

Are an Australian resident or citizen

Have a valid ABN or ACN (new or existing)

Flexible Finance For All Types of Vehicles & Equipment

Trucks

Utes

Cars

Vans

Trailers

Construction

Agriculture

Earthmoving

Equipment

Other

Trucks

Utes

Cars

Vans

Trailers

Construction

Agriculture

Earthmoving

Equipment

Other

Ute Finance Advantages
That Many Don’t Know

If you are self-employed or a business owner looking for a work ute, you can access exclusive ute finance rates for ABN holders only. Compare ute loans across 70+ lenders and take advantage of extended tax benefits and more! Get specialised assistance covering all loan types from no deposit options to different low doc solutions for new or existing ABNs.

If your not a business owner there are still numerous low rate, flexible loan options available.

Quickly calculate and find your best ute loan options with no impact to your credit score!

  • 1 day business continuance ABN
  • Larger balloons & more flexible terms
  • Lowest rates through direct lender negotiations
  • ABN loan options with no credit check
  • Easy low doc replacement policies
  • Low doc to $100k for new ABNs
  • Low doc to $250k for ABNs + home owner

Ute Finance Designed For ABN Holders

At Comparison Australia we make financing a ute for business simple. No hassle for all businesses regardless of size, time in business, industry, or location.

Access the best ute loans & get the lowest rates across 70+ lenders & banks.

Lenders Supporting Business!

  • GST & tax breaks for ABN holders
  • No deposit or paperwork options
  • Approvals & funding in as little as 24hrs
  • Secure or unsecure loans
  • Purchase new/used utes or equipment

Applying For Ute Finance

People also asked

How do I finance a ute with my ABN?

You can finance a new/used ute or vehicle through your ABN (business) with most lenders. The main criteria is to be able to prove to lenders and the ATO that it will be used for business purposes and qualify for the loan.

With regards to lenders, borrowers can access both full doc or low doc ABN finance options and in some cases half doc.

Full doc finance is a traditional loan and may require a large amount of paperwork; including tax returns, bank statements, business activity statements and up to date accounts. Rates for full doc loans are often lower than low doc finance.

Low doc finance is popular as it requires less paperwork along with a bit more flexibility in approvals. General lender requirements for low doc finance may include; recent BAS or from previous year, summary of business accounts, possibly a deposit or be asset backed.

Half doc finance is obviously in the middle of the other options, typically requiring documents like a BAS + 6 months bank statements.

In all cases the better your credit the better your rate and chances of approval.

A quick chat with the Comparison Australia team can quickly highlight options across our large panel of lenders.

Are there any ute finance purchase restrictions, can I buy a used ute?

Each lender will have its own criteria based on the age of the ute or vehicle, LVR amount and credit assessment. In most circumstance the newer the vehicle or equipment the better for approvals. There are however many lenders that specialise in funding older or unique vehicles and equipment.

Comparison Australia’s partners have access to 70+ lenders and banks making it easier for borrowers to find a lender that will fund most things.

What type of ute can I finance?

You can finance any type of new or used that works for your business.

Some of the top selling utes in Australia for trades and business owners alike include:

– Toyota Hilux
– Ford Rangers
– Ford Raptor
– Mitsubishi Triton
– Isuzu D-Max
– Ssangyong Musso/Musso XLV
– Holden Colorado
– Mazda BT-50
– Nissan Navara
– Volkswagen Amarok
– Dodge Ram
– Chevrolet Silverado

To name a few.

I have bad credit, can I still qualify for a ute loan?

Each lender will have its own criteria for credit requirements. Comparison Australia’s partner have access to over 70 lenders and banks across the country. Many of which who will assist those with less than perfect credit. We help loads of self employed business owners with bad credit access ute finance.

If you are interested in learning about options, please reach out today.

Is a ute cheaper with an ABN?

The overall costs of owning a ute through your business can be cheaper as there are GST & other tax breaks available. In addition, commercial lending typically has a lower rate than consumer finance.

How long does a business need to be trading to get ute finance?

Most lenders prefer your ABN be active for at least two years. However, there are certain lenders that will accept 1 year ABN’s or less based on different circumstances such as ‘business continuance’ or strong cash flow.

A quick chat with Comparison Australia partners can provide current options across different lenders and their ABN length requirements.

What type of insurance do I need if purchasing a vehicle through my ABN?

You’ll need to get a comprehensive car insurance policy just like you would if purchasing an normal vehicle, so it’s important to factor that into your budgeting.

What are ute loan requirements?

The below are general requirements a lender may request.

You’ll first have to confirm that:
– You are a active ABN holder
– That the vehicle will mostly be used for business purposes (i.e. more than 50% of the time)

Proof of Identity (one or multiple of the following)
– Drivers licence
– Passport or Proof of age card
– Valid Medicare card
– Valid credit card or debit card
– Can also use a valid Veteran card

Documents can include any of the following:

– Proof of residence via a rates notice
– Financial statements (ideally from an accountant)
– Bank statements (generally 2 months, possibly more)
– Recent Business Activity Statement (BAS)
– ATO Tax Agent portal report (generally for a trading period)
– Accountants letter confirming business activity
– Depending on trading structure: Income tax return and/or Personal tax return (1 financial year)

Other documents may be requested based on individual business circumstances. For those that may have a difficult time producing these documents, a low or half doc loan may be preferred.

Speak to a Comparison Australia partner to quickly learn about ABN finance options and what documents will be needed.

We can also provide detailed information on low doc & half doc finance options to remove the hassle of documentation.

How long can you finance a ute for?

There are lenders that provide terms to 7 years. However, borrowers on different terms can possibly refinance their loan after a certain period.

If you wish to speak to a finance specialist, please contact us and we’ll be happy to answer any questions.

How fast can I get an ute finance for my business?

Depending on lender and what your after, there are very quick turnaround times for ute loans. In certain circumstances borrowers can receive unsecure funds in the same day or within 24 hours. Borrowers after a secure loan for a vehicle or equipment can get funding as quick as 24 to 48 hours.

Quick funding is dependant on having all documents required by the lender ready to go for immediate assessment and approval.

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