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Commercial Utilities & Van Finance

Keep your business on the move with low rate commercial loans for utilities and vans through Savvy.

No obligation. It won't affect your credit score.
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, updated on August 28th, 2023       

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Commercial utilities financing that fits

Managing the core components of your business can be a juggling act, especially when it comes to finding commercial utility financing that comes at a competitively affordable price. Businesses in Australia fork out $64 billion on energy alone. Without comparing your options, you might end up feeling ripped off. Run your business more efficiently with commercial utility financing that we shop for from over 40 of Australia’s leading lenders and bank to help you get a fair deal.

Keep your business on the move

Making your business mobile is crucial to any businesses success. Whether you are a private purchaser or business owner looking to lease or purchase a new or used van to keep your business on the move, we have the right financial package solution tailor-made to meet your need. We take you through each financing step that is available to help you find the right fit. With personal consultants on hand, we can help you find the right financing that comes with manageable repayments.

See how Savvy can help you with your commercial utilities finance

Got a question about your commercial utilities loan?

Can I get a loan if I am self-employed?

Yes. We provide solutions for people who are self-employed.

I am in Australia on 457 visa. Can I still apply for financing?

Yes. We can provide loan terms that take the expiration of your visa into consideration. Please speak to our consultants for more details.

What is a residual value/ balloon payment?

This is a type of payment of a proportion of the vehicle’s value (which is affected by its age, value & term of the agreement) that will be deferred to the end of the finance agreement.

Can I apply if I have bad credit?

Yes. At Savvy we provide financial products that are tailor-made for people with bad credit. However, you will need to speak to our consultants to find something that matches your needs.

Will I be able to choose how I pay?

Yes. You can choose to make payments weekly, fortnightly or monthly to manage your repayments.

How much can I borrow?

You can borrow 100% of your car's purchase value and include extras such as insurance and extended warranties.

Do you provide 100% of financing?

Yes. We offer 100% finance to help you purchase your vehicles to the approved applicants.

Can you assist customers Australian wide?

Yes, Savvy can assist customers Australia-wide, across all capital cities. Sydney, Melbourne, Adelaide, Perth, Brisbane and all regional areas.

More on commercial utilities finance

Buying vs Leasing: Which is the best option?

Deciding on whether to buy or lease a vehicle depends on your financial situation and needs. While leasing might allow you to upgrade your vehicle every 2-3 years, buying the car can come with the added benefit of owning outright from the start. Weighing out the pros and cons all boils down to what each option can do for you, and whether it will be value for your money. You can speak to a financial consultant who will help you get a clearer picture of what solution will suit you.

Consider the ongoing costs of a loan

Not all loans are created equal. Loans have various features that can affect how much you will pay in your monthly repayments. Commercial financing can be tailored to suit your needs. Loan products that are used to finance commercial utilities come with ongoing fees such as; monthly fees, account keeping fees, documentation fees, exit fees, and application fees that need to be considered. The cost of these fees shows if a loan is manageable or will cripple your finances.

Potential tax benefits

You can make a claim an immediate tax deduction on a vehicle under $20,000 if you operate a business that has a turnover of $10 million. There are other potential tax benefits that you can claim such as; picking up or delivering goods, travelling to business meetings, and travelling from your home to another workplace to name a few. If you bought your vehicle through chattel mortgage you get a tax incentive when buying your vehicle as an input tax credit.

Should you go with 0% finance?

0% van financing might sound appealing at first, but keep in mind that you will have to make up for the cost in other ways. 0% financing can come with terms that can push the price of the van up or cause your loan to have less flexible repayment plans. One thing to keep in mind is that this type of financing can become expensive over the life of the loan. The application process can be stricter when it comes to your credit score. If you don't have a good credit score you could be rejected.

Your commercial finance options

Helpful guides on commercial loans

Getting your commercial finances in order

Learn how to read your financial statements, first. If you don’t do your own bookkeeping or simply rush it because it’s an afterthought, you need to figure out how to...

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Know your options Lenders understand that small businesses play an important role in the Australian economy as they account for 93% of all Australian businesses by turnover. Small businesses account...

Commercial utilities & van finance

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