Structured commercial loans
Are you looking to take out a loan to purchase a vehicle or equipment for your business? That’s where Savvy comes in to help. We’re partnered with a wide range of flexible asset financiers and can help you find the best, most affordable deal for your business, big or small.
Choose and compare from a range of potential finance options depending on whether you’re looking to buy your asset or lease it and have your application submitted, approved and fully funded in as little as just 48 hours. We take the heavy lifting out of comparing and applying for finance to make life simpler for you. Start the process today and have your business sorted before you know it.
Your commercial finance options when applying through Savvy
Purchasing a car or another asset for your business? Chattel mortgages function in the same way as a standard car loan but offer a range of valuable tax benefits to save your business money in the process.
Many companies require highly valuable equipment to help them operate, but they don’t come cheap. Our consultants can talk you through the process and help you secure financing for the equipment you need.
You may not want to commit to the purchase of your vehicle or equipment just yet. Operating leases come with a variety of key benefits, such as having on-road costs built into your tax-deductible payments.
If you’re looking to purchase a truck for your business, you’re in luck. We can help you find a suitable model and access the funds you need to buy it upfront. Buy new or used from around Australia.
Take to the skies with your aircraft lease or purchase through Savvy. You can lock in a low-rate deal from the get-go and select your ideal model and repayment conditions, customising the agreement to your needs.
Whether you need a new POS system, computers for your office or an enhanced security network to be installed around the premises, you can find the solutions you’re looking for by applying for finance with Savvy.
Why apply for commercial finance through Savvy?
What our customers say about their finance experience
The commercial finance application process with Savvy
Fill out a quick quote
The process begins with you telling us about yourself and the type of finance you’re after, which only takes a few minutes to complete. Once you’ve sent this off, you have the option to proceed with your initial application. If not, though, one of our consultants will get in touch with you.
Top tips for maximising your approval chances
The most important thing that lenders want to establish before agreeing to loan you the funds you’re applying for is that you’ll be able to manage your repayments consistently. By showing that your business has been generating a consistent and comfortable level of revenue over an extended period, you’ll be more likely to be approved for the loan you’re after at a lower rate.
Lenders also look for borrowers who have a proven track record of repaying their debts, as doing so often requires a great deal of discipline. If you apply on behalf of your business which shows numerous defaults and missed payments, it’s far less likely that you’ll be considered a trustworthy borrower by your lender and may not be approved for the amount you need.
When applying for finance, applicants who have significant assets in their name are typically considered safer prospects than those who don’t. In the case of commercial finance, if your business owns property or valuable equipment or machinery already, financiers are more likely to look more kindly on your application.
Because secured finance relies on the asset being purchased as collateral for the loan, it should be able to carry some value in the event your business becomes unable to support its repayments. Lenders always lean towards applications which involve new or near-new models, whether vehicles or other equipment, so you can boost your approval chances by doing so.