Commercial Vehicle Finance Melbourne

For Melbourne businesses purchasing vans, utes, or light trucks, the right finance structure can make a significant difference to your cash flow and tax position. At Progressive Vans, we offer tailored commercial vehicle finance solutions through a panel of specialist lenders — with options for businesses of all sizes and structures.

Finance Products for Business Buyers

Chattel Mortgage

The most popular commercial vehicle finance product. You own the vehicle from day one, with the lender holding a mortgage as security. Potential benefits include claiming the full GST on the purchase price upfront, deducting interest payments, and claiming depreciation. Ideal for businesses registered for GST.

Finance Lease

The lender owns the vehicle and leases it to you. Lease payments may be fully tax-deductible as a business expense. A residual payment at the end of the term gives you the option to purchase, extend, or return the vehicle. Suitable for businesses that prefer to keep vehicles off their balance sheet.

Commercial Hire Purchase

Similar to a chattel mortgage but structured differently for accounting purposes. Interest and depreciation may be tax-deductible. You take ownership at the end of the term when all payments have been made.

Finance for ABN Holders

If you hold an ABN, you may be eligible for additional tax benefits on your vehicle finance. Visit our ABN vehicle finance Melbourne page for detailed information on the options available to business operators.

Fleet Finance

For businesses purchasing multiple vehicles, we can structure fleet finance arrangements that simplify repayments and potentially deliver better rates than financing vehicles individually. This works well alongside our fleet maintenance programs.

Truck Finance

We also offer truck finance Melbourne for light trucks, cab chassis, and specialist commercial vehicles. Contact our team to discuss your specific requirements.