Fleet Finance. Scale Your Business Vehicles
Whether you need 2 vehicles or 200, our fleet finance solutions provide competitive rates, streamlined administration, and tailored structures for businesses of all sizes.
Why choose Simple Loans.
Volume Discounts
Fleet-specific rates that improve as your fleet grows.
All Vehicle Types
Finance cars, utes, trucks, vans, and specialty vehicles in one place.
Flexible Structures
Chattel mortgage, hire purchase, novated lease, or operating lease.
Tax Optimisation
Maximise tax deductions with the right fleet finance structure.
Streamlined Admin
One point of contact for your entire fleet finance portfolio.
Fast Multi-Vehicle Approval
Pre-approved limits for adding vehicles quickly.
Fleet Finance Solutions for Australian Businesses
Managing a fleet of vehicles is a significant operational and financial commitment. Whether you're running a trades business with a handful of utes, a delivery company with dozens of vans, or a corporate fleet of executive sedans, the right fleet finance structure can save your business thousands each year.
At Simple Loans, our fleet finance comparison tool understand the complexities of multi-vehicle acquisition and management:
- Volume-based pricing: Fleet finance rates improve with scale. The more vehicles you finance, the better your per-vehicle rate becomes.
- Mixed fleet flexibility: Finance different vehicle types under a single fleet arrangement, cars, utes, trucks, vans, and specialty vehicles.
- Staggered replacements: Structure your fleet finance to replace vehicles at different intervals, managing cash flow and avoiding large capital outlays.
- Pre-approved limits: Establish a pre-approved fleet facility so you can add vehicles quickly without going through full approval each time.
Choosing the Right Fleet Finance Structure
The optimal fleet finance structure depends on your business type, tax position, and operational needs. Here's a comparison of the most common options:
- Chattel Mortgage: You own the vehicle from day one. Claim GST upfront, plus deductions for interest and depreciation. Best for businesses registered for GST wanting immediate ownership.
- Commercial Hire Purchase (CHP): The lender owns the vehicle until the final payment. Interest and depreciation are tax-deductible. Suits businesses wanting a traditional hire-to-own arrangement.
- Novated Lease: A three-way agreement between employer, employee, and lender. Ideal for businesses offering salary sacrifice vehicle benefits to staff, reduces payroll tax and improves employee retention.
- Operating Lease: The vehicle is returned at the end of the lease. Lower monthly costs with no residual risk. Best for businesses wanting the newest vehicles without ownership responsibilities.
Our fleet finance comparison tool assess your business structure, tax position, and fleet requirements to recommend the most cost-effective approach. We compare options from 50+ lenders to ensure you're getting competitive fleet rates.
How it works.
Apply Online in 60 Seconds
Fill out our simple online form, no paperwork, no obligations, and zero upfront fees.
We Compare 50+ Lenders
Our finance comparison tools search our panel of banks and specialist lenders to find the best rate for your situation.
Drive Away Happy
Once approved, funds are settled fast, often same day. You drive away with finance sorted.
Frequently asked questions.
What is fleet finance?
Fleet finance is a business finance solution designed for companies that need to acquire and manage multiple vehicles. It offers volume-based rates, streamlined administration, and flexible structures to suit different business needs and tax positions.
How many vehicles do I need for fleet finance?
Fleet finance programs typically start from as few as 2-3 vehicles. The more vehicles in your fleet, the better the rates and terms you can access.
What fleet finance structures are available?
Common fleet finance structures include chattel mortgage, commercial hire purchase, novated lease, operating lease, and finance lease. Each has different tax implications, our specialists help you choose the best option.
Can small businesses access fleet finance?
Absolutely! Fleet finance isn't just for large corporations. Small businesses with as few as 2-3 vehicles can benefit from fleet-specific rates and streamlined administration. As your fleet grows, your rates and terms typically improve further.
How does fleet finance help with tax?
Fleet finance structures like chattel mortgage and hire purchase allow businesses to claim tax deductions on interest payments, depreciation, and GST credits. The right structure can significantly reduce the after-tax cost of your fleet. We recommend consulting your accountant for specific guidance.
Ready to get started.
Free assessment, no upfront costs. We compare 50+ lenders to find you the best deal.
People we also help
Simple Loans is a finance comparison tool. Holder of Australian Credit Licence No. 509582. All applications are subject to lender approval. Terms, conditions, fees and charges apply. This information is general in nature.