Commercial vehicle finance is a loan for a ute, van or light truck used to earn income, repaid over a set term. LDM Finance submits one application across a panel of lenders, including UDC Finance, Marac and Avanti Finance, so the structure fits how you trade. Utes and vans are our core stock strength.
Who qualifies
✓Tradies, contractors and owner-drivers earning income from the vehicle
✓Sole traders, partnerships and companies buying a work vehicle
✓Applicants with a trading history and a clean recent credit record
✓Buyers financing a ute, van or light truck that holds its value
Commercial vehicle finance is a loan for a ute, van or light truck used to earn income, repaid over a set term. LDM Finance submits one application across a panel of lenders, including UDC Finance, Marac and Avanti Finance, and matches you to a suitable lender. The vehicle is usually the security for the loan.
Yes. Sole traders, partnerships and companies can all apply. Lenders look at your trading history, income, existing commitments and the asset itself. A GST number helps for business applicants, but is not always required. We prepare the application to present your position clearly to the right lender.
Often, yes, where the vehicle is used for business and you are GST registered. The finance structure can affect how you claim, so the right setup matters. We are not tax advisers, so confirm the detail with your accountant before you buy. We can structure the finance to suit the advice you receive.
A straightforward application is usually assessed within 24 to 48 hours once we have the details we need. Complex cases can take a little longer. Submitting clean, complete information at the start is the fastest path. Approval is subject to lender criteria and responsible lending checks.
LDM Finance works with a panel of lenders and is not a lender. Approvals are subject to responsible lending inquiries. Each lender's eligibility criteria, fees, terms and conditions apply. All figures are indicative only, at a representative rate of 12.95% per annum, and do not constitute an offer of finance. Finance wording follows UDC Finance's standard guidance and remains subject to UDC marketing review.
