Business ute loans

Business ute loans

Get the ute your business needs without tying up working capital.

Requesting a quote has no impact on your Credit Score.
Business ute loans

What is a business ute loan?

Business ute loans let you buy or upgrade a ute for your operations. You repay it in instalments over an agreed term, rather than having to pay it all upfront.

Ute loans can cover:

  • Standard utes
  • Dual cab utes
  • 4x4 utes
  • Tray-back utes
  • Utility vehicles with towing capability
  • Specialised work utes

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Typical uses

Why get a business ute loan?

  • Upgrade or expand their fleet without draining working capital
  • Support growing workloads or team expansion
  • Access vehicles that meet specific trade requirements
  • Customise vehicles with trays, toolboxes, or towing setups

Which industries typically need utes for their operations?

Eligible assets
  • Trades and construction
  • Landscaping
  • Agriculture
  • Delivery and courier services
  • Maintenance and repair
  • Mining
  • Emergency and utility services
  • Outdoor events

Who can get a ute loan in Australia?

Common industries

You could be eligible for a business ute loan if your company:

  • Has a current ABN or ACN
  • Is registered and operating in Australia
  • Has been trading for 6–12 months or more

Exact requirements can vary depending on the lender and loan type.

What factors do lenders consider when approving a ute loan?

Eligibility

Lenders typically consider things like:

  • Business financial health
  • Cash flow stability and ability to make repayments
  • Credit history
  • Ute make, model, age, and condition
  • How the ute will be used in the business
Get a quote
Requesting a quote has no impact on your credit score.

What are the benefits of getting a business ute loan?

Carry more gear and tools.

Utes often have higher loading height capacity, which is is handy for transporting more, large, or awkwardly shaped items safely.

Customisable for your trade.

Utes can be fitted with trays, toolboxes, towing gear, or other trade-specific modifications so your vehicle works exactly the way you need it to.

Enhanced safety features.

Modern utes come with safety tech like blind spot monitoring, electronic stability control and anti-lock brakes, helping protect you, your team, and your gear.

Potential tax advantages.


Ute depreciation, running costs, and the interest portion of your loan may be tax-deductible. You could also be eligible for the instant asset write-off scheme.

Cash flow flexibility.

Paying for your ute over time, rather than all at once, frees up cash for day-to-day operations, growth initiatives, or unexpected expenses.

Carry more gear and tools.

Utes often have higher loading height capacity, which is is handy for transporting more, large, or awkwardly shaped items safely.

Customisable for your trade.

Utes can be fitted with trays, toolboxes, towing gear, or other trade-specific modifications so your vehicle works exactly the way you need it to.

Enhanced safety features.

Modern utes come with safety tech like blind spot monitoring, electronic stability control and anti-lock brakes, helping protect you, your team, and your gear.

Potential tax advantages.


Ute depreciation, running costs, and the interest portion of your loan may be tax-deductible. You could also be eligible for the instant asset write-off scheme.

Cash flow flexibility.

Paying for your ute over time, rather than all at once, frees up cash for day-to-day operations, growth initiatives, or unexpected expenses.

Carry more gear and tools.

Utes often have higher loading height capacity, which is is handy for transporting more, large, or awkwardly shaped items safely.

Customisable for your trade.

Utes can be fitted with trays, toolboxes, towing gear, or other trade-specific modifications so your vehicle works exactly the way you need it to.

Enhanced safety features.

Modern utes come with safety tech like blind spot monitoring, electronic stability control and anti-lock brakes, helping protect you, your team, and your gear.

Potential tax advantages.


Ute depreciation, running costs, and the interest portion of your loan may be tax-deductible. You could also be eligible for the instant asset write-off scheme.

Cash flow flexibility.

Paying for your ute over time, rather than all at once, frees up cash for day-to-day operations, growth initiatives, or unexpected expenses.

Things to consider before applying

Potential drawbacks to be aware of

What are the potential risks of getting a ute loan?

  • High mileage, heavy loads, or off-road use can make utes depreciate faster.
  • Some loans restrict trade or farm modifications, which could also affect insurance.
  • Carrying heavy equipment may raise your insurance premiums.

Questions to ask yourself

What to reflect on before getting the loan

  • Do I really need a new ute now, or can my current vehicle meet my business needs?
  • Will this ute handle the loads or equipment my business needs to carry?
  • Do I plan to make any modifications, and are they allowed under the loan?
  • How will using the ute for work impact insurance costs?

At a glance

MAXIMUM LOAN AMOUNT

N/A

MINIMUM LOAN AMOUNT

$5,000

SPEED

Fast

INTEREST RATE

From 6.99%

MAXIMUM LOAN TERM

7 years

MINIMUM LOAN TERM

3 months

Requesting a quote has no impact on your Credit Score.

Potential lenders

How to apply for a business ute loan

STEP 1: GET A QUOTE

Tell us about your business loan needs and immediately receive quotes from over 90+ bank and non-bank lenders.

STEP 2: GET APPROVED

Confirm your quote and we handle your business loan approval so you can focus on what matters—your business.

STEP 3: GET FUNDED

Sign your finance documentation and receive funding. It is that simple.

Get a quote
Requesting a quote has no impact on your credit score.

What sets us apart

DIY business loans
Lender access
Access to 90+ lenders matched to your business profile
Limited to the lenders you can find
Expert guidance
A lending expert is with you every step of the way
No expert help- you're on your own to understand requirements and loan options
Time investment
One single application
Multiple applications and follow-ups with different lenders
Matching accuracy
Our product-matching software combined with human insight pairs you with best-fit lenders
Trial and error- may apply to several lenders who aren't suitable
Application process
Streamlined, digital, and guided
Manual and varies across lenders
Approval speed
Funding in as little as 24 hours
Slower, as each lender has its own process
Chances of approval
Higher chance of approval with tailored lender matching
Risk of rejection when applying with the wrong lender or product
Understanding loan terms
Our lending experts make sure you fully understand the terms before you say yes
You’ll need to interpret lender jargon and fine print yourself

How we help fuel your business growth

ONE APPLICATION TO 90+ LENDERS

We simplify business finance by handling the hard work. Complete a quick form or speak with a specialist, and we’ll match you with the right solution from 90+ lenders—often within 24 hours.

PERSONALISED SUPPORT

Our expert brokers cover all areas of commercial finance. From your first quote to settlement and beyond, you’ll have a dedicated broker by your side—ready to support your funding needs now and in the future.

BUILT FOR AUSTRALIAN SMEs

Since 2015, we’ve helped over 20,000 Australian SMEs across every industry access $2.5+ billion in funding—supporting them through challenges and unlocking new opportunities.

FAQ's

Can I finance new and used utes?
Can I include modifications or accessories in the ute loan?
Can I upgrade or trade in my ute before the loan ends?
How much deposit do I need for a business ute loan?
Are there any restrictions on how I use the ute?

Hear from our clients

This will be a short blurb about the Carpenter and his business and how financing helped his needs etc

Awards & key milestones

Our milestones are a testament to the amazing people behind Valiant.

INDUSTRY SUPPLIER OF THE YEAR_FINALISTFINANCE BROKER OF THE YEAR_COMMERCIAL ASSET&EQUIPMENT_FINALISTASSET & EQUIPMENT SME BDM OF THE YEAR_WINNERABA_Finance_Broker of the yearCFA24_Finalists_Customer Service Broker of the YearABA_2024-Finalist_Asset Finance Broker of the Year 1CFA24_Finalists_Cash Flow Finance Broker of the YearCFA24_Finalists_Asset Finance Brokerage of the Year
fba2017_lending-innovatorABA_Finance_Broker of the year
INDUSTRY SUPPLIER OF THE YEAR_FINALISTFINANCE BROKER OF THE YEAR_COMMERCIAL ASSET&EQUIPMENT_FINALISTASSET & EQUIPMENT SME BDM OF THE YEAR_WINNERABA_2024-Finalist_Asset Finance Broker of the Year 1CFA24_Finalists_Customer Service Broker of the YearCFA24_Finalists_Cash Flow Finance Broker of the YearCFA24_Finalists_Asset Finance Brokerage of the Year
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