Commercial and business lending solutions
Commercial Finance Guide
Explore commercial finance solutions for vehicles, equipment, machinery and business assets with flexible lending structures for eligible businesses.
The basics
What Is Commercial Finance?
Commercial finance refers to lending solutions designed to help businesses acquire vehicles, equipment, machinery and other income-producing assets.
Businesses may use commercial finance to preserve cash flow, fund expansion, upgrade equipment, replace ageing assets or acquire vehicles needed to operate efficiently.
Many businesses choose to compare commercial finance options before purchasing major assets to better understand lender policies, documentation requirements and available structures.
Commercial finance may assist with:
- Business vehicles
- Trucks and trailers
- Machinery and equipment
- Commercial assets
- Low doc lending
- ABN finance scenarios
Asset types
Commercial Finance Can Support Many Asset Types
Business Vehicle Finance
Finance solutions for utes, vans and commercial vehicles used within a business.
02Equipment Finance
Funding options for machinery, tools, equipment and other business assets.
03Truck & Trailer Finance
Commercial vehicle finance for transport, logistics and trade-related businesses.
04Asset Finance
Broader lending solutions across commercial assets and income-producing equipment.
05Low Doc Finance
Alternative documentation options for eligible businesses and self-employed applicants.
Commercial Machinery
Plant, machinery and specialised equipment funding for eligible commercial scenarios.
Finance structures
Common Commercial Finance Structures Explained
Chattel Mortgage
Often used when a business wishes to own the asset while financing the purchase over an agreed term.
Finance Lease
Allows a business to use an asset while making lease payments over the agreed finance term.
Novated Leasing
A salary packaging arrangement commonly used for employee vehicle benefits.
Low Doc Lending
May allow eligible businesses to provide alternative documentation instead of full financial statements.
Fleet Leasing
Fleet leasing may suit larger organisations operating multiple vehicles. Yes Approved does not currently provide fleet leasing solutions.
Balloon & Residual Structures
May reduce regular repayments by deferring part of the asset value to the end of the finance term.
Documentation options
Low Doc And ABN Finance
Some business owners may not have full financial statements available when applying for finance. Depending on the lender and scenario, low doc commercial finance may be available.
Lenders may consider factors such as ABN age, GST registration, trading history, bank conduct, turnover and the type of asset being financed.
Many self-employed borrowers explore Low Doc Finance when traditional full financial documentation is not readily available.
Explore Low Doc FinanceLow doc scenarios may involve:
- ABN verification
- GST registration checks
- Business bank statements
- Accountant declarations
- Asset-backed lending
- Alternative documentation
Lender assessment
What Lenders May Consider
ABN Age
Some lenders may assess how long the business has held an ABN and whether it is GST registered.
Trading History
Business stability, turnover and bank conduct may influence lender appetite and documentation requirements.
Credit Profile
Credit history, repayment conduct and overall application strength may affect commercial finance options.
Asset Type
Vehicle age, equipment type, valuation and asset condition can all influence lender policy.
Business Turnover
Some lenders may consider monthly revenue, cash flow and overall business activity.
Deposit Position
A deposit or stronger equity position may improve lender comfort in some commercial scenarios.
Business benefits
Why Businesses Use Commercial Finance
Preserve Cash Flow
Finance can help avoid large upfront purchases and preserve working capital for business operations.
Upgrade Equipment
Businesses may use finance to access newer vehicles, machinery or equipment sooner.
Expand Operations
Commercial lending may assist businesses looking to grow capacity, service more clients or add assets.
Replace Ageing Assets
Finance can support replacement of older vehicles, tools or equipment needed for reliable operations.
Tax Planning Opportunities
Some commercial finance structures may have tax implications. Always seek professional tax advice.
Business Growth
Accessing income-producing assets sooner may help support business development and operational growth.
Related guides
Explore Related Commercial Finance Guides
Business Vehicle Finance
Commercial vehicle finance across utes, vans, trucks and business-use vehicles.
Equipment Finance
Finance options for equipment, machinery, tools and business assets.
Truck & Trailer Finance
Specialist finance options for trucks, trailers and commercial transport assets.
Asset Finance Guide
Understand broader asset finance options for business purchases.
Low Doc Finance
Alternative documentation lending options for eligible businesses.
Compare Finance Options
Explore flexible finance options across commercial and asset lending scenarios.
Compare Commercial Finance Options
Explore commercial finance solutions across vehicles, equipment, machinery and business assets.
Common questions
Commercial Finance FAQs
What is commercial finance?
Commercial finance refers to lending solutions designed for businesses, often used to fund vehicles, equipment, machinery and other business assets.
Can new ABNs get commercial finance?
Some lenders may consider newer ABNs depending on GST registration, trading activity, asset type, deposit and supporting information.
What is low doc commercial finance?
Low doc commercial finance may allow eligible businesses to apply using alternative documentation instead of full financial statements.
Can used equipment be financed?
Some lenders may consider used equipment depending on asset type, age, condition, valuation and business profile.
Can commercial finance include balloon payments?
Some commercial finance structures may include balloon or residual payments depending on lender policy, asset type and loan structure.
What documentation may be required?
Documentation can vary by lender, but may include ABN details, bank statements, financials, accountant declarations, identification and asset invoices.
Can sole traders apply for commercial finance?
Yes. Sole traders may be eligible depending on their ABN, income, trading history, asset type and lender criteria.
Is commercial finance only for vehicles?
No. Commercial finance may also support equipment, machinery, trucks, trailers, tools and other business assets.