What is a secured business car loan?

A business car loan is a type of finance that is used to purchase vehicles primarily for business (commercial) purposes. The vehicle itself acts as the security for the loan.

Can I apply for a secured business car loan?

You can apply for a business car loan if you are a small business owner, a self-employed individual, a sole trader, a company or a partnership. We will need to verify your ABN as proof.

Can I get a business car loan with bad credit?

Yes, we provide loans for applicants with bad credit. They may focus on your current financial situation and ability to repay the loan rather than just your credit score. Our Lending Specialists are experts in bad credit car loans, and we take the time to personally understand and assess your financial situation to make sure any car loan we offer you is suitable.

What types of vehicles can I finance with a business car loan?

You can finance a range of vehicles: cars, delivery vans, utes, trucks, and other commercial vehicles. New and used vehicles are both eligible, and can be purchased from a dealer or privately.

Business Car Loan: Same Day Vehicle Loans for Bad Credit

Secured Business Car Loans for Bad Credit

We understand how important a reliable vehicle is for small business owners and self-employed Australians. Whether it’s getting to a job site, making deliveries, or attending meetings, the right car keeps your business on track. If financial challenges have held you back in the past, we’re here to help with our secured business car loans, designed specifically for you.

We believe in second chances

Even if you’ve faced financial setbacks, we’re here to help with secured business vehicle finance. The car serves as security until the loan is repaid, making it simpler for small business owners and the self-employed to access funds. We keep the process hassle-free, so you can stay focused on your business.

Our Business Car Finance Features

We understand running a business can be tough for many reasons. Struggling to get much-needed vehicle finance shouldn’t be one of those. Here’s why our car loans are built for you:

Tailored Loan Amounts: Borrow between $5K and $40K to finance the vehicle you need - whether it’s a ute, van, truck or car. Big or small, we’ve got you covered.
Fast Approvals and Settlements: Time is money. That’s why we offer same-day approvals and settlements, so you can hit the road without delays.
Freedom to Choose: Buy from a dealership or a private seller - we finance both, allowing you to choose the vehicle that’s perfect for your business.
No Penalties for Early Payout: Repay your loan early and save on interest - no penalties, no hidden fees. Just flexibility that works for you.

Start-Up Friendly: Only 3 months ABN with prior industry experience needed. No GST registration required.
Credit Made Simple: With a minimum credit score of 300, we focus on giving opportunities to those who need them most.
Bad Credit? No Problem: Your past doesn’t define your future. Your dedicated Lending Specialist will look at where you are now, and work with you to help get your business moving forward.

Who Can Benefit from Business Vehicle Loans?

Our business car loans are perfect for:

Small Business Owners: If transport is key to your operations, we’re here to help.
Self-Employed Australians: From tradies to on-road professionals, we provide the finance to ensure you have reliable transport.
ABN Holders: Whether you’re a sole trader or run a small business, our loans are designed with your situation in mind.
Australians with Bad Credit: If past challenges have affected your credit score, we’re here to find a way to help you and your business.

How Ume Loans Supports Borrowers with Bad Credit

We know traditional lenders can be strict, making it tough for people with bad credit to get finance. At Ume Loans, we do things differently:

Focus on Your Present: We look at our customer’s current financial position and prioritise their potential over their past credit history. This lets us find solutions tailored to our customer’s needs.
Simple Application Process: We guide you through every step. You’ll need:
- Proof of business income or activity using, bank statements, tax returns, BAS, or invoices.
- Details about the vehicle you want to purchase.
- Government-issued photo ID such as a driver’s license or passport.
Manageable Loan Repayments: Repayments are aligned with your cash flow to ensure they’re manageable, with a maximum repayment term of 5 years to provide you with added flexibility.
A Path to Financial Stability: Repaying your loan responsibly helps rebuild your financial standing & credit file. It’s a chance to move forward with confidence, while setting yourself up for success in the future!

Drive Your Business Forward with Ume Loans

At Ume Loans, we’re here to help small business owners and self-employed Australians succeed. With loan amounts from $5,000 to $40,000, same-day approvals, options for dealer and private sales, and no early termination fees, we make business vehicle finance easy and hassle-free!

Apply online today to get started so we can get you on the road to success!

Apply online today

5 Simple Steps
To Getting Your Loan

Apply Online

Enter some basic details so we know who you are, and what you’re looking for! This will not affect your credit score. This is where you will submit your bank statements online.

Speak with an Expert

Our Australian based Lending Specialists will reach out to discuss what documents they need from you.

Get Pre-Approval

Once approved, your lending specialist will guide you through the details - so you know exactly what to do!

Finalise your documents

Once you’ve decided on your new purchase, we’ll prepare the documents for you to sign online.

Get Your new car!

Once all parties have the paperwork, you’ll be ready to settle your finance!

Apply Now
It takes just 2 minutes and its obligation free

5 Simple Steps To Getting Your Loan

1. Apply Online

Enter some basic details so we know who you are, and what you’re looking for! This will not affect your credit score. This is where you will submit your bank statements online.

2. Speak with an Expert