Businesses Vehicle Finance

Metro offers tailored commercial car loans to meet the unique needs of businesses.

How do business vehicle loans work?

Metro’s business vehicle loans are designed to keep your business moving with fast approvals and flexible terms, zero account fees and competitive finance rates.

Why is Metro the smart choice for a commercial car loan?

Whether you’re a small enterprise, a growing company, or a well-established corporation, having the right vehicles is essential for your operations.

We focus on providing real business car finance solutions to Australian operations by offering reliable and efficient service with a real human experience. You will benefit from our award-winning service, competitive rates, zero-monthly fees and fast turnaround times.

Discover how Metro can help fuel your success with our commercial vehicle loans.

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Fast

We know that time is of the essence when it comes to expanding your business through commercial vehicle finance. With Metro, you can expect a fast and streamlined loan application process, ensuring that you get the funds you need as quickly as possible.

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Trusted

Metro has built a strong reputation as a trusted financial partner for businesses. Our expertise in commercial car loans makes us the go-to choice for businesses looking to finance their vehicle fleet, and our award-winning team are there to support you whenever you need.

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Value

We offer competitive fixed interest rates, ensuring that you get the best possible financing terms for your commercial car loan. With no annual or account keeping fees, you can enjoy transparent and cost-effective commercial car finance solutions.

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Results

Our commercial car loans have already helped businesses across Australia achieve sustainable success. With flexible loan terms ranging from 2 to 5 years and loan values available from $10,000 to $1,000,000, you can secure the funding necessary to grow your business.

Metro works with brokers.

Speak to your broker or click here to be put in touch with one of our trusted brokers.

Commercial finance agreements

Product features

  • Business car loan values available from $10,000-$1,000,000
  • Loan terms ranging from 2-5 years
  • Options for fully amortised or balloons
  • No annual or account keeping fees
  • Competitive fixed interest rates

Choose this product if you want to purchase cars for your business.

Finance lease

Product features

  • Business vehicle lease terms ranging from 2-5 years for business purposes only
  • Loans from $10,000-$1,000,000
  • No annual or account keeping fees
  • Advance rental and residual options available
  • Repayments by monthly direct debit
  • Potential tax benefits

Choose this product if you need to keep your car fleet up to date without tying up capital.

Who is eligible for a business car loan?

There are lots of different operators that can apply for a business vehicle loan, however in most instances you are required to have a current ABN, whether you are a company or sole trader, and are able to show a history of trading. 

For new businesses without a trading history, lenders may look at your business plan and growth projections instead, as well as what other assets you might have to be used as security on the loan. Talk to a Metro team member to discuss your specific circumstances.

Vehicle finance for small business

Small businesses with an annual turnover under $10m may be able to take advantage of several Government initiatives, including the $20,000 Instant Asset Write-Off scheme to immediately deduct the business portion of new and used vehicles until 30 June 2026. 

There are also additional benefits for electric vehicles, including Metro’s own MetroEco finance product, which offers discounted rates and flexible terms for a range of green vehicles and charging technologies. Talk to a Metro broker to find out more. 

How to get started

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Alternatively, reach out to one of our own trusted brokers

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Your broker will handle the rest

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Start financing your dream car!

Testimonials

Don’t just take our word for it. See what our satisfied customers and accredited introducers have to say about their experiences working with Metro.

FAQs

Can I use the loan to purchase both new and used vehicles?

Yes, our commercial car loans can be used to purchase both new and used vehicles that meet eligibility criteria. Chat with one of our friendly team members to find out more about the kind of vehicles you can finance.

In most instances, the asset being financed is usually just required to secure the loan.

When you reach the end of the commercial vehicle loan term, we will send you a finalisation letter with all the details outlining the end of your term, and your broker will be in touch to discuss what you might like to do next. With a range of benefits on offer for returning clients, you may want to take the opportunity to upgrade to a new business vehicle!

Getting a business car loan couldn’t be simpler with the help of an accredited Metro broker who will guide you through the application process and ensure you have all the necessary documentation. 

Start a conversation with a Metro broker now to talk about next steps.

Your broker will be able to advise on what documentation you will need for your business vehicle loan, but typically we require:

  • A current Australian Business Number (ABN)
  • Proof of trading history for the last two years*, such as bank statements
  • Tax return statements for the last two years*

* If you are a new business, we may consider your business plan and growth trajectory and what other assets you may have to be used a security on the loan as part of your application instead.

An accredited Metro broker can assist in organising the necessary documentation for your loan application. Speak to one now.

Commercial Finance

Competitive business loans for vehicles and equipment

Personal Finance

Flexible loan terms and competitive finance rates. ​

Novated Lease​

Salary packaged through an employer or salary packager. ​

Broker Portal

Efficient and easy to use, catering to all borrowing types.

If you’re ready to get your business moving with our commercial car finance solutions, we’re here to help.

We can refer you to a broker quickly and easily.