vehicles · Equipment & asset finance
Van finance
A van is a workshop, a delivery vehicle or a mobile business depending on how it is fitted out. We fund the whole build, not just the badge on the front.
What is van finance?
Van finance is funding for a commercial van used for deliveries, trades or mobile services, secured against the vehicle. Vans are financed the same way as other business vehicles in Australia, and internal fit-outs such as shelving, refrigeration or racking can generally be included in the same contract.
Vans do work that utes cannot: secure, weatherproof, lockable load space that keeps tools and stock out of sight. For couriers, electricians, mobile mechanics, florists and food distributors, the van is the business. The Toyota HiAce remains the volume seller in Australia on reliability and resale, though European vans have taken share on load space and driving comfort. Payload after fit-out is the number that most often decides which van actually suits the work.
The fit-out is where costs escalate. Shelving, drawers, ply lining, floor, roof racks, ladder rollers, a wrap and sometimes a refrigeration unit can add $10,000 to $40,000. All of that can typically go on the one finance contract if it is quoted before settlement. Where a van is heavily converted, ask your broker to check how the panel views the resale market, since a specialised conversion narrows the buyer pool.
Van finance at a glance
| Typical price range | $30,000 – $130,000 |
|---|---|
| Finance term | Up to 84 months |
| Useful life | About 10 years |
| New or used | New mid-size vans dominate business purchases; used ex-fleet vans are cheap but often high kilometre, so lenders look closely at condition and service history. |
| Indicative rates (Chattel mortgage) | 6.9% – 14.5% p.a. · rate history |
| Finance structures | Chattel mortgage (recommended), Business vehicle finance, Equipment loan |
How lenders assess van finance
Vans are mainstream vehicle security and are funded by most panel lenders with light documentation for an established ABN. Fit-outs including shelving, flooring, racking, refrigeration and wraps can be included when invoiced with the vehicle. High-kilometre ex-fleet vans can attract shorter terms. Where the van is converted for a specialised purpose such as mobile coffee, grooming or refrigerated delivery, lenders may want the conversion quoted separately and will assess the resale market for the converted vehicle.
Before you buy
- Measure your typical load before choosing a wheelbase and roof height; internal height is what usually forces an upgrade later.
- Get the shelving and flooring quoted with the vehicle so the fit-out is financed at the same rate as the van.
- On used ex-fleet vans, check the service history and the condition of the load area rather than focusing only on kilometres.
Commonly financed
Toyota HiAce LWB · Ford Transit Custom · Mercedes-Benz Sprinter 314 · Renault Trafic · Volkswagen Crafter
Estimate van repayments
- Number of repayments
- 60
- Balloon at end of term
- $16,000
- Total interest (est.)
- $22,646
- Total repaid (est.)
- $102,646
This calculator provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
Key terms
What is van finance?
Van finance is a secured loan or lease used to buy a commercial van for business use, with the vehicle as security. Terms usually run 36 to 84 months, and shelving, refrigeration and other fit-out can be funded on the same contract when quoted with the vehicle.
Can a refrigerated van conversion be financed?
Yes. Refrigerated conversions are commonly funded with the vehicle when quoted upfront. Lenders assess the combined value and may look at the resale market for the converted van, since a specialised fit-out narrows the pool of future buyers.