Business Car Loans
Rates from
Variable rate p.a.*
Comp rate p.a.*

Secure a low rate for the life of  your car loan

  • For loans up to 75k, fast approval process may be available
  • Balloon options – reduce monthly repayments
  • No GST charged on the loan repayment
  • No ongoing account keeping fees
  • Online access and statements available

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Loan amount

Monthly repayments*

Thanks for handling my application

I would like to say many thanks to both the Sales and Support teams for helping us with this application. Without your help, we wouldn't have been able to switch our existing loan to which is now saving us a lot of money. Overall you have done a brilliant job.

Swee Y.
19/05/2017 12:00:00 AM


Business car loans

Whether you are a small business, partnership or sole trader, we have a super-low-rate car loan for you.

With our business vehicle loans, no GST is charged on your monthly loan repayments and our loans are fully secured against the vehicle so no additional assets are required as security.

Our car loans make it easy because we also let you finance costs associated with the purchase of the vehicle such as comprehensive insurance, on-road costs, and registration.

All of our loans are fixed rate so you know how much is payable per month for the life of the loan, making budgeting easy.

We also offer balloon payments (see below), to further reduce the impact of finance on your business cash flow.

All about Balloon Payments

We know that everyone’s circumstances are different, so we also offer a handy “balloon” payment option.*

This option allows you to have lower monthly payments, and then a larger payment at the end of the loan term called a balloon payment. This final payment typically totals 20-50% of the loan value.
The advantages of a balloon are:
  • It may help you afford a better car because of the lower repayments
  • You can trade in your vehicle at the end of the loan and use the money from the sale to repay the balloon. Many people estimate what their car will be worth at the end of the loan period, and nominate that amount as the balloon payment.

Balloon Payment Periods

  Term Max Balloon   Term Max Balloon
New Car 3 years 50% Used Car 3 years 40%
  4 years 40%   4 years 30%
  5 years 30%    5 years  20%

Car loan features

  • For loans up to 75k, fast approval process may be available
  • Private or dealer sales
  • New or used vehicle 
  • $5,000 minimum loan amount
  • $150,000 maximum loan amount
  • No monthly or ongoing fees
  • Fixed interest rate for the life of the loan
  • No GST charged on your loan repayments
  • Weekly, fortnightly and monthly repayment options
  • 3, 4 or 5 year loan term available
  • Principal and interest repayment
  • Early payout available
  • Optional balloon payment*
  • Online access and statements available

Fees & costs

Fees Amount
Establishment fee $400
Annual fee $0
Monthly fee $0
Discharge fee $0

A smarter way to get from loan application to settlement

At, we believe applying for a home loan should be a speedy and hassle free process. OnTrack allows you to quickly get your loan through to approval and settlement while we do the heavy lifting for you behind the scenes.



Meet some of the team

Our friendly, Australian, Lending and Customer Care experts will ensure you have a quick and hassle-free experience.

Customer reviews

Value for money: 4.9/5
Customer service: 4.9/5

Based on 195 reviews.
As rated by our settled customers


I saved money on my loan
I am very happy to be one of your customers and save money on my loan. Everyone was very helpful. I was very happy with customer service I received.

Value for money: 5/5
Customer service: 5/5 Recommend to a friend?: Yes

Maria I. - Lilydale, VIC
August 09 2017

Investment loan with great rate
What a brilliant experience. Got a great rate and our first investment loan. Highly recommend!

Value for money: 5/5
Customer service: 5/5 Recommend to a friend?: Yes

Nicholas F. - Diamond Creek, VIC
August 03 2017