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Commercial vehicle financing

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Need a delivery van, flat-bed truck or an HCV? We’ll give you great terms on the finance plan you prefer.

 

 

Some of the benefits

Cash flow

Maintain good cash flow and affordability by letting us pay up-front for your vehicle

Buy or lease

Choose an instalment sale, or a financial lease that gives you the option to own

Your terms

Repayment amounts, deposits and balloon payments are negotiable

Advantage

Hedge against inflation, and put key assets to work now rather than later
What you get
  • A finance package that’s customised to the type of vehicle you want
  • Repayment terms that suit the cash flow of your business
  • Option to reduce interest by linking your agreement to an Access Finance Account
  • Negotiable deposits, subject to equity requirements
  • Linked or fixed interest rate
What we finance
  • Passenger vehicles
  • Light delivery trucks
  • Heavy commercial vehicles
  • Trailers
  • Mobile plant
  • Farm vehicles
What it costs
  • Deposits are negotiable
  • Payment terms are negotiable
  • Balloon payments are negotiable
  • Initial payment is negotiable*
  • Monthly repayments are made via debit order

See pricing guide

*Subject to equity requirements

How it’s taxed
  • You can claim depreciation of business assets on your taxable income
  • For professionals, sole proprietors, CCs and companies, assets should be capitalised* and the liability reflected on the balance sheet
  • Recoupment tax applies to car allowance holders if the car’s sold for more than the tax value

*In accordance with Generally Accepted Accounting Practice

How to get it

If you already have a Business Current Account

  • Speak to your business banker

If you don’t

  • What you get
  • What we finance
  • What it costs
  • How it’s taxed
  • How to get it
  • A finance package that’s customised to the type of vehicle you want
  • Repayment terms that suit the cash flow of your business
  • Option to reduce interest by linking your agreement to an Access Finance Account
  • Negotiable deposits, subject to equity requirements
  • Linked or fixed interest rate
  • Passenger vehicles
  • Light delivery trucks
  • Heavy commercial vehicles
  • Trailers
  • Mobile plant
  • Farm vehicles
  • Deposits are negotiable
  • Payment terms are negotiable
  • Balloon payments are negotiable
  • Initial payment is negotiable*
  • Monthly repayments are made via debit order

See pricing guide

*Subject to equity requirements

  • You can claim depreciation of business assets on your taxable income
  • For professionals, sole proprietors, CCs and companies, assets should be capitalised* and the liability reflected on the balance sheet
  • Recoupment tax applies to car allowance holders if the car’s sold for more than the tax value

*In accordance with Generally Accepted Accounting Practice

If you already have a Business Current Account

  • Speak to your business banker

If you don’t

We also offer
Vehicle and asset insurance 1
Vehicle and asset insurance

Safeguard the continuity of your business with an insurance solution that’s customised to your business operations.

Vehicle finance top up insurance product detail
Vehicle finance top-up insurance

Avoid financial setbacks should your insurance payout not be enough to settle your outstanding debt or next deposit.

Understanding your risk profile
Environmental
Environmental

Risk that mostly refers to the industry in which you plan to set up your business and your customers.

Financial
Financial

Risk that’s determined by the financial state of your business, and the security that you’re able to offer.

Management
Management

Risk that takes into account the skills, commitment and abilities of the owners and management of your business.

What you need to apply
What you need to apply

Knowing up-front the information we need from you will help your application process run as smoothly as possible.

Environmental

Risk that mostly refers to the industry in which you plan to set up your business and your customers.

Financial

Risk that’s determined by the financial state of your business, and the security that you’re able to offer.

Management

Risk that takes into account the skills, commitment and abilities of the owners and management of your business.

What you need to apply

Knowing up-front the information we need from you will help your application process run as smoothly as possible.

Need help?