80+ lenders, one application
We compare banks and specialist commercial lenders in one go to structure the right fleet facility.
108 reviews 5.0
Fleet finance. Move your team.
Keep your team moving. We’ll explore our 80+ lender panel for suitable fleet finance, with a broker to coordinate applications and settlement.
- Cars, utes, vans and trucks
- Fleet additions and replacements
- Coordinated applications and settlement
What have you got planned?
Let’s help you fund it.
If it runs multiple vehicles, we can usually structure a facility. We arrange fleet finance for:
Mixed fleets of cars, utes and trucks
Delivery and courier van fleets
Trade and service vehicle pools
Passenger and executive pool cars
Staged fleet rollouts and expansions
New, used and ex fleet vehicles
Master limit facilities for growing businesses
Refinancing and consolidating existing fleet finance
Example brands and equipment
These fleet examples are not a restricted list. A lender will usually place more weight on the chosen asset's age, condition, specification and intended work than its badge.
- Toyota
- Ford
- Isuzu
- Hino
- Fuso
- Mercedes-Benz
- Volkswagen
- Iveco
- Tesla
What you can buy or refinance
The way this fleet is being purchased affects the lender's valuation, available term and security checks.
- passenger fleets
- ute fleets
- van fleets
- truck fleets
- mixed fleets
- replacement programs
- staged deliveries
- fleet refinance
Documents that explain the purchase
These records connect the fleet, its total cost and intended work with the business's ability to make the repayments.
- fleet schedule
- delivery calendar
- trade-in schedule
- payout letters
- utilisation data
- contracts
- bank statements
- management accounts
Have something in mind? Let’s talk finance.
Get my free quoteFleet finance.
More options. Less legwork.
Financing vehicles one deal at a time gets slow and messy once you're running a fleet, different lenders, different terms and a fresh application every time you add a unit. X Lend is a finance broker: we take one application and compare it across 80+ banks and nonbank lenders to set up a fleet finance option that funds multiple vehicles under one arrangement.
One master limit
Preapprove a total facility and draw against it as you add vehicles, without starting over each time.
Mixed fleets welcome
Cars, utes, vans and trucks can sit under one arrangement, sized to how the business runs.
Why choose X Lend for fleet finance?
Whether it's a mixed fleet of cars, utes and light trucks or a growing pool of work vehicles, we arrange a master limit so you can add units without starting from scratch each time. Each vehicle can still be structured as a chattel mortgage or lease, so you manage GST and depreciation and keep working capital free.
Because we compare the whole panel, we can size a finance option to how your business operates and match low doc options to established ABNs. We explain the structure in plain English, flag what affects your rate, and only submit once you're ready to proceed.
Streamlined approvals
Adding a unit under an existing limit is faster than lodging a brand new application each time.
Tax effective structures
Each vehicle can be a chattel mortgage or lease, structured around your GST and depreciation position.
Low doc options
Established ABNs can often set up a facility without full financials, keeping the process fast.
A master limit lets you preapprove a total finance option and draw against it as you add vehicles, so each new unit settles faster without a full reapplication. We'll size the limit to your fleet plan and keep the structure tax effective across the mix.
Work out your repayments.
Then find your finance.
Try an amount and term for your fleet finance. When you’re ready, we’ll compare the options available to you.
Fleet finance repayment calculator
Adjust the amount, term and rate to see an indicative repayment.
Estimate only. Calculations include an assumed $990 broker origination fee and $500 lender fee, both financed. Total repayable includes those fees, interest and any final balloon. Weekly and fortnightly figures are equivalents of the monthly estimate. Actual fees and repayment timing depend on your offer.
What rate could I get?
Your quote takes your circumstances and finance requirements into account. Compare your rate, fees and repayments together before choosing an offer.
Find my optionsA real customer.
A plan made possible.
The business had won a major project and needed four vehicles before contract cashflow began. The new company entity was only one month old and had no established business credit.
Business fleet finance · Blacktown, NSWFour Hilux vehicles for a company only one month old
All four vehicles were approved on the first lender enquiry and settled at a historical rate of 8.69%, with no deposit and a 30% balloon to preserve project cashflow.
- 5 business days turnaround
- Finance arranged by X Lend
Historical customer outcome. Vehicle and business images are illustrative.
Find out what’s possible for you.
Get my free quoteYour circumstances.
Your finance options.
We match your circumstances to suitable lenders for fleet finance. Your broker helps you prepare the application.
What do lenders look at for fleet finance?
A lender wants to know what the fleet is, what it will do for the business, how long it should remain useful and whether the repayments are affordable. The details below explain the usual checks and what can help support the application.
From enquiry to settlement.
We’re with you all the way.
Your broker handles the lender comparison and paperwork for fleet finance, keeping you informed at each step.
- 01
Tell us your plans
Tell us what you want to finance, how much you need and when you need it. That could include mixed fleets of cars, utes and trucks.
- 02
We do the lender research
We help organise fleet schedule and delivery calendar and check the lender criteria that apply to your circumstances to find lenders that fit your situation.
- 03
Choose your finance
We explain the available rate, term, repayment and security options, including the full cost and how repayments fit your budget. You choose the option to take forward.
- 04
We organise settlement
Your broker coordinates lender conditions, signed documents and payment details, so you can focus on what comes next.
Start with your free quote.
Your broker reviews your enquiry and explains the next steps, usually within one business day. An enquiry does not create a credit check or an obligation to proceed.
Find the finance that fits.
Know what you’re choosing.
Compare the ways you can arrange fleet finance, with a broker to explain your options.
Balloon or no balloon: compare the whole repayment plan
Swipe across the table to compare all columns.
| Option | During the loan | At the end |
|---|---|---|
| No balloon | Higher regular repayments than the same loan with a balloon; the balance reduces faster | The scheduled loan balance is repaid when all payments have been made. |
| A balloon payment | Lower regular repayments, but interest is charged on a larger outstanding balance | A lump sum remains due. Budget for it rather than assuming resale or refinancing will cover it. |
| A shorter term | Higher regular repayments may reduce total interest on otherwise equal terms | Check affordability alongside the total amount repaid, fees and any payout costs. |
Use the calculator to compare the same amount, rate and term with and without a balloon. Refinancing requires a new assessment and is not guaranteed.
Financing several vehicles creates a whole-of-fleet project. Staggered delivery, disposals, fit-outs and future replacements need to be mapped together, with maintenance, insurance and downtime considered alongside debt service.
Standardisation can simplify ownership
A consistent vehicle class may reduce servicing and replacement complexity, while mixed fleets can better match individual roles.
Delivery dates affect settlement
Vehicles arriving across different months may require staged approvals, updated documents or separate contracts.
Disposals and payouts need coordination
Existing vehicle sales, trade-ins and finance payouts should be reconciled before new settlements.
Whole-of-fleet costs matter
Insurance, fuel, maintenance, registration and downtime should be modelled alongside debt service.
Why the asset's age and condition matter
Age, kilometres, how much the asset will be used and maintenance differ across a fleet, so each vehicle and replacement date should appear on one schedule. In practical terms, this can change the deposit required, how long the loan can run and which lenders will consider the asset.
A fleet plan should combine scheduled replacement, servicing, tyres and expected disposal proceeds. These costs need to fit beside the repayments. The loan should also finish within the period the asset is expected to remain useful to the business.
How contracts and supplier payment dates can help
Staff growth, route expansion, service contracts and replacement policy can explain the number and timing of fleet additions. Contracts, purchase orders and confirmed work can help show how the asset is expected to earn money and when customers are expected to pay.
If the fleet supplier needs a deposit, progress payments and a final payment, list each date and amount. This lets the lender reconcile the full purchase cost and arrange the payment stages correctly.
What should I have ready before applying?
- List every vehicle, fit-out and delivery date.
- Map trade-ins and existing payouts.
- Document the replacement cycle.
- Compare ownership and operating costs across the fleet.
How we can help.
Illustrative examples of how we approach fleet finance.
A newer business purchasing fleet
The business has a shorter ABN history and confirmed work that requires the fleet.
How your broker helps
We identify lenders that can assess recent account history, industry experience and contracted work, then present the purchase as one complete operating proposal.
What to have ready
Business bank statements, GST registration, signed work agreements, the supplier quote and evidence of the operator's experience.
Used fleet with age or usage
The chosen asset has material age, hours or kilometres and remains suitable for the work ahead.
How your broker helps
We document condition, service history, specification and resale support, then compare lenders whose end-of-term age policy fits the proposed term.
What to have ready
Service records, inspection details, serial or VIN information, photographs, the invoice and a clear explanation of expected annual use.
Growth purchase with incomplete financial statements
Current work supports the purchase while the latest full-year accounts are still being prepared.
How your broker helps
We list the documents already available, current debts and expected payment timing, then compare lenders that accept that evidence.
What to have ready
Recent bank statements, BAS, management accounts, an accountant letter, contracts, purchase orders and a schedule of existing finance.
A word from your broker.
Fleet funding benefits from one consolidated schedule showing every vehicle, delivery date, trade-in and payout. We use it to compare staged settlements and replacement structures while checking each vehicle and the whole commitment against business capacity.
Let’s compare your options.
Get my free quoteKeep your business moving.
Keep cash for what’s next.
See how arranging finance compares with waiting or paying the full cost upfront.
With fleet finance
Put the fleet vehicle needed for suitable work into service without waiting to fund the full cost from cash.
Preserve working capital for wages, materials and tax while arranging the fleet vehicle.
Replace an unreliable or unsuitable fleet vehicle before downtime and repair costs increase.
The cost of waiting.
Suitable contracts may be missed when the required fleet vehicle is not available.
An older fleet vehicle can keep creating downtime or repair costs while its replacement is delayed.
Buying the fleet vehicle outright can reduce the cash buffer available for payroll, materials and unexpected costs.
Good finance.
Even better support.
Google reviews
Read reviews on Google Review on Google
Corey was excellent to deal with. He was able to get me a better rate than everyone else, he was very responsive, worked quickly and made the process very easy, even with me asking a million questions. I would definitely use him again next time.
Review on Google
I can’t recommend Corey from X Lend highly enough. From the very first conversation, he was professional, transparent, and genuinely focused on finding the best outcome for me. Corey took the time to explain every step of the finance process in a way that was easy to understand, answered all my questions promptly, and never once made me feel rushed or pressured. I really appreciated how proactive he was, keeping me updated, following up with lenders, and making sure everything stayed on track. What really stood out was how hard he worked to secure a great deal. He compared multiple lenders, negotiated on my behalf, and ultimately achieved a rate and repayment structure that exceeded my expectations. The whole process of purchasing my car was smooth and stress‑free thanks to their expertise. If you’re looking for someone knowledgeable, reliable, and genuinely in your corner, I wouldn’t hesitate to recommend them. I’ll definitely be using their services again in the future :)
Review on Google
Corey helped me through the entire process of getting my dream family car! He was extremely prompt with his responses and had everything organised quickly and smoothly. I made a huge mistake by settling finance on the wrong car (a 5‑seater instead of a 7‑seater), but Corey was incredibly understanding and supportive. He contacted the dealership, lender, and even rearranged my insurance for me. He did all of this without ever making me feel like a hassle, even though I knew I was being a pain! Despite the setback, Corey stayed fast and efficient, kept me confident throughout the process, and managed to get everything cancelled and re‑approved for a higher amount so I could get my actual dream car. I highly recommend Corey. He speaks to you like a friend and genuinely has your best interests at heart. I already had quotes from Toyota Finance and Toyota Insurance, and Corey was able to get both significantly cheaper. Toyota Finance even reviewed Corey’s figures and confirmed they couldn’t beat them. I will never look to another finance company again.
Let us help with
fleet finance.
Your fleet finance questions.
Answered.
The details you want to know before taking the next step.
Are you a lender or a broker?
We're a finance broker: we compare 80+ banks and nonbank lenders and place your fleet finance with the best fit for your business.
What is a master limit and how does it help a fleet?
A master limit is a preapproved total facility you draw against as you add vehicles. It means each new unit can settle faster without a full reapplication, which suits a growing or changing fleet.
Can I mix cars, utes and trucks in one facility?
Often, yes. We can structure a facility that covers a mixed fleet, with each vehicle set up as a chattel mortgage or lease to suit your position.
Can I set up a fleet facility with low doc?
Frequently, yes. Established ABNs can often set up a facility without full financials. We match you to lenders comfortable with your trading history and fleet size.
How fast can it settle?
Once a facility is approved, adding vehicles is quick, many draws settle within 48 to 72 hours once documents are in.
What brands, models or purposes can fleet finance cover?
Common examples include Toyota, Ford, Isuzu, Hino, Fuso, Mercedes-Benz. This is not a restricted list: the lender will still look at the exact item or purpose, the amount requested and your circumstances.
What documents can support fleet finance?
A lender may ask for fleet schedule, delivery calendar, trade-in schedule, payout letters, utilisation data, contracts. You may not need everything on that list. X Lend confirms what applies before anything is submitted.
How does X Lend work through a complex fleet finance application?
For fleet finance, we first confirm the transaction, timing and available evidence. We then explain the issues that matter, compare lenders whose rules fit those facts and show the proposed option before any application is submitted.
Keep exploring your options
Further readingASIC — credit and lendingAustralian Business RegisterPPSR information for businessesbusiness.gov.au — leasing or buying vehicles and equipmentPPSR — buying a motor vehicle
Reviewed by Corey Marino
FBAA member M-354085 · Diploma-qualified finance broker · Last reviewed 24 August 2026