Commercial Vehicle Loan

Finance a truck or van with a Latitude commercial vehicle loan. You could save money and pay off your loan sooner with flexible repayments.

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Apply in less
than 10 minutes


Fixed Rate
Comparison Rate
  • For vehicles less than 3 years old
  • Be a homeowner or mortgage holder
  • Be employed full time with the same employer for at least 18 months


Fixed Rate
Comparison Rate
  • For all other vehicle loans

Fees & charges

Establishment Fee$295
Loan Service Fee$10 per month
Australia Post Payment Handling Fee$1.50
BPAY® Payment Handling Fee$0.50
Late Payment Fee$40 in the event that you can’t make the minimum repayment by your agreed due date
Early Termination FeeUp to $750 is payable if you pay the loan out.
Consumer and commercial loans available at 6.99%^ and 9.99%^ p.a. (8.10%* and 11.08%* p.a. comparison rate)

Calculate your repayments

Find out what your monthly repayments would be on a Latitude Commercial Vehicle Loan.


At an interest rate of 6.99% .p.a.^

  • For vehicles less than 3 years old
  • Be a homeowner or mortgage holder
  • Be employed full time with the same employer for at least 18 months
  • For all other vehicle loans

And pay it over 5 years

Your estimated monthly repayment
including all fees and charges
Total interest paid
Total amount paid

This includes establishment and monthly account keeping fees.
See all Fees & charges for this product.

Why choose a Latitude Loan?

Let’s hit pause on payments

Got a month with high expenses like rego, insurance and holidays? Pay a little extra each month, then take one month off from your repayments. You can even choose which month to take off.

Balloon payments

Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.

Borrow for extras too

Borrow more than 100% of the vehicle price to cover extras like insurance and your on-road costs.

Let’s talk loan details

Commercial vehicle loans from $5000
Fixed rateFor the life of the loan
Loan amountsFrom $5,000
Vehicle sizeMaximum 4.5 tonnes
RepaymentsWeekly, fortnightly, monthly
WhenChoose the day of the week your repayments are deducted
Loan terms1 - 7 years when purchased from a dealer
1 - 7 years for private sale purchases
Other benefitsFor new or used vehicles
Commercial vehicles up to 7 years of age
Extra repayments accepted1

How to apply

  1. Apply online and get a response in 90 seconds.
  2. Provide required documents, such as your payslips and identification documents.
  3. Accept and return your loan contract via email.
  4. We pay within 24-48 hours of receiving your signed contract.


You must:
  • Be 18 years or over
  • Be a permanent Australian resident
  • Be currently employed
  • Be able to demonstrate a good credit history for the last 5 years
  • Be free from bankruptcy for the last 7 years
For loans at 6.99% p.a.^, you must also:
  • Buy a vehicle less than 3 years old
  • Be a homeowner or mortgage holder
  • Be employed full time with the same employer for at least 18 months

Frequently asked questions

About my loan
  • What is the minimum and maximum I can borrow?

    The base amount for a Light commercial vehicle loan is $5,000. The maximum borrowing amount is reliant on lending criteria and will depend on your current financial position.

  • Can I buy an older Commercial vehicle?

    A loan can be used for commercial vehicles that are up to seven years old. If you’re after something older than this, then one of our <a href='/personal-loan' target='_blank'>personal loan</a> products may be able to get you started on your adventure.

  • What other motor loans products does Latitude offer?

    As well as Commercial vehicle loans, we offer finance for Car loans, Caravan loans, Motorbike loans and Boat loans.

Application and approval
  • Will I need to use my Commercial vehicle as security?

    Yes, as we provide secured loans. If this won’t suit your circumstances, one of our <a href='/loans/personal-loan' target='_blank'>personal loan</a> products may work better for you.

  • When will a decision be made on my application?

    You can generally expect a decision on your commercial vehicle loan application within one to two business days.

Fees, charges and interest
  • Will the interest rate be fixed or variable?

    We offer fixed interest rate loans for commercial vehicles, which means the interest rate and your repayment amounts stay the same throughout the life of it. Having this certainty makes budgeting easier and more manageable as you pay it off.

We're here to help

Got questions for our commercial vehicle loan team? Call now on 13 10 24

Mon - Fri 9am - 5pm (AEST), Weekends closed.

Important information

^ Approved customers only. Terms, conditions, fees and charges apply for Latitude Personal Loan. Terms, conditions, fees and charges apply for Latitude Car and Motor Loan. All applications are subject to lending and approval criteria.

Excellent Credit Rating is as determined by Equifax.

Loan terms range from 1-7 years.

Latitude Personal Loan rates range from 6.99% p.a. to 18.99% p.a. for secured loans (comparison rates 8.25% p.a. to 20.16% p.a.) and 7.99% p.a. to 19.99% p.a. for unsecured loans (comparison rates 9.24% p.a. to 21.16% p.a.).

Latitude New and Used Car (Including Boat, Caravan, Motorbike and Commercial Vehicle) Loan rates are 6.99% p.a. and 9.99% p.a. (comparison rates 8.10% p.a. and 11.08% p.a.) and is available as a secured loan.

* The Comparison rate for the above products are based on $30,000 over 5 years.

WARNING: These comparison rates apply only to the example or examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

EXAMPLE: A personal loan of $30,000 borrowed for 5 years with an interest rate of 10.99% p.a. (12.21% p.a. comparison rate), would equate to a total amount payable of $40,233 (including a $250 establishment fee and $13 monthly loan servicing fees).

Results from the calculators should be used as an indication only, and they do not represent either a quote or pre-qualification or approval for a loan. The calculator should only be used as a guide to see how loan repayments can vary when you change the loan amount, interest rate and loan term. Fees and charges are payable and the calculators do not take these into account.

1 You can make additional payments at any time, however an early termination fee may apply if the loan is repaid within the first half of your loan term.