Business car loans
Our business car loans can help finance a vehicle on terms which accommodate you and your business.
Our flexible business car loans are a great option for small businesses or sole traders.
Fixed interest rate
Your interest rate is fixed for the duration of your loan, so there’s never any surprises in your repayments.
Flexible car loan term
Choose from one to seven years.
New, demonstrator or used vehicle (up to 13 years old)
Your vehicle can be any make or model from your preferred Power Alliance Finance dealer, so you can choose the car that’s right for you and your business.
Balloon payment option
Choose a balloon payment for lower monthly repayments^ and a lump sum at the end of your loan.
^Lower monthly repayments compared to a similar term with equivalent balloon final payment. Total interest charges will be higher if a balloon final payment is selected.
Tax benefits
GST-registered business? You may be able to claim tax deductions on interest and depreciation of your car loan.
Self service online banking
A handy online portal for you to access information and manage your loan.
How to apply for a business car loan
Choose your car from a participating Power Alliance Finance dealer
Visit your chosen Power Alliance Finance dealer and pick the car you want from their range of makes and models.
Choose the loan option that is suited to you
Choose between a personal or business car loan. You can select your repayment frequency, the term of your loan, your deposit amount, or a balloon payment.
Start your application
Talk to your Power Alliance Finance dealer and get the application process underway!
What documents do I need to apply?
Check the documents you need to finance your new car.
Top asked questions
What identification and documents do I need to apply?
We’ve created a checklist for you before you head into the dealership.
Who is eligible for a business loan?
If you are an individual, partnership or company who uses your vehicle predominately (more than 50%) for business purposes, you may be eligible for a commercial loan.
What vehicles are eligible?
Any make or model, new or used, can be financed with Power Alliance Finance. Please speak to your nearest Power Alliance Finance Dealer for full vehicle eligibility details.
If I use my car for business purposes, are repayments tax deductible?
Power Alliance Finance cannot provide business or taxation advice. We recommend that you seek independent financial advice.
What terms does Power Alliance Finance offer for their finance products?
Power Alliance Finance offers loans ranging from 12 to 72 months in length, subject to Power Alliance Finance policy and approval, with a variety of flexible payment options. While all loans run on a monthly billing cycle, we offer the flexibility of weekly, fortnightly or monthly payments.