New Car Loans for Dealership & Factory-Order Purchases
New Car Loans for the Car You Love
Or ready to start shopping for a new car?
We can help you finance it by getting you pre-approved so you can walk into the showroom with confidence.At SB Finance we can help you get the right new car loan that will suit you and your needs. We can assist you with every step of the process and will ensure a smooth application and settlement process.
We have access to over 40 car and asset finance lenders, allowing us to secure a competitive loan package to meet your requirements. With hands on dealership experience, we can also assist and guide you through the buying process.
We can work with all applicants including defaults, bad credit, no financials, work visa, first borrow, self-employed and casual employment.
SB finance does not offer personal advice and aims to provide information which is factual and in-line with lenders requirements and a customers best interest. We encourage you to seek independent legal and financial advice before proceeding. our credit guide and Privacy disclosure is available on our website.
Repayment Options
Fixed interest repayment for the term of the loan. Ability to make extra payments throughout the loan.
Variety of Options
Term options from 1-7 years, Low-doc loan options, No deposit loans and Balloon Options.
Quick Application
Our Application process is straight-forward and hassle free. We pride ourselves in being responsive and prompt with processing your application!
Personalised Service
Here at SB Finance we treat everybody like one of the family. We pay attention to the detail and make sure we offer nothing but first class service tailored to your needs!
CONTACT US
Let’s talk finance
Whether you have questions or inquiries about our services, we’re here to assist you every step of the way.
Frequently Asked Questions
At SB Finance we have access to over 40 lenders that can lend from $5,000 to $250,000. The total amount borrowed will vary depending on an applicant’s financial position, application and meeting lenders guidelines. Speak to one of our team for a free assessment!
Yes! you can look at several different loan options including a consumer loan, lease or a commercial asset loan such as a chattel mortgage. Speak to one of our team today to discuss how we can help you get a loan to suit you. We can have an obligation free chat to discuss your requirements and will guide you through the process of what is required to apply.
You sure can! Some benefits of a commercial loan such as a chattel mortgage are:
- Full amount of the asset can be financed
- Balloon payment options available
- Fixed interest repayments for the term of the loan
- Term options from 1-7 years
- Purchase new, used, dealer or private.
- Sole-trader structure, partnerships, companies, car-allowance employees and trusts can be eligible for this product
- Low-doc products available
- Ability to claim the interest and depreciation if the asset is used to generate an assessable income
- Vehicle is owned registered by the borrower.
- Helps with cash-flow
When making a decision you should speak with your accountant and seek your own independent advice on what loan product would suit you best.
Yes! With access to some of Australia’s largest lenders, we do have lenders on our panel that will consider bad credit or defaults subject to the application. Speak with our team to find out more!
The financier lends the customer the money to buy a new or used vehicle. It can be secured (the asset as security) or unsecured (higher interest rate). If the vehicle is the security on the loan then it will be required to have full comprehensive insurance. Finance can include on road costs and payments can be fixed with loan terms up to 7 years.
Depending on the nature of the loan, it could be processed within 24 hours, however turn-around times will depend on the lender and the application. We endeavour to get you processed and approved in the shortest time possible.
There are several ways you can apply, all of which are simple. you can contact us on 1300 172 346 or email info@sbfin.com.au to speak with our team. alternatively, you can speak to us via any of our social media platforms or fill in the quick quote form on our page and we can reach out to you.
Vehicle Finance Guides & Comparisons
Self-employed borrowers and ABN holders with variable income are a common scenario in commercial vehicle finance, and lenders assess these applications differently to standard PAYG employees. Rather than relying solely on regular payslips, a broker can help present your position using business financials, Business Activity Statements (BAS), bank statements or an accountant’s declaration, depending on the lender and how long you’ve held your ABN. Where cash flow is seasonal, structural levers such as a balloon (residual) payment to lower ongoing repayments, or aligning the loan term with the vehicle’s expected working life, may help — though each has trade-offs, such as a larger amount owing at the end of the term. Eligibility, required documentation and approval remain subject to individual lender criteria and a full assessment of your circumstances.
Low-doc (or alt-doc) commercial vehicle finance is designed for business borrowers who may not have a complete set of up-to-date financial statements — for example, newer businesses or those whose latest returns aren’t yet lodged. Instead of full financials, lenders may consider alternative evidence such as BAS, bank statements, or a signed income declaration, alongside factors like your time in business and asset type. It’s important to have a balanced view: because the lender is working with less documentation, these products can carry different terms, conditions or deposit expectations than a fully-verified application, and they are not a guarantee of approval. Suitability depends on your ABN history, the vehicle, and the individual lender’s policy.
The structure that suits you is closely tied to your employment type and how the vehicle is used. A chattel mortgage is generally relevant to businesses, sole traders and ABN holders who use the vehicle for business purposes — you take ownership from the start, and interest and depreciation may be deductible to the extent of business use (a matter for your accountant). A novated lease, by contrast, is a three-way arrangement involving an employee, their employer and the financier, and depends on your employer offering salary packaging; it can provide packaging-related efficiencies but generally attracts Fringe Benefits Tax and is linked to your ongoing employment. Neither option is universally better — the appropriate choice depends on your tax position, vehicle usage and employment stability, and the tax outcomes should be confirmed with a registered tax professional.
A novated lease and a chattel mortgage are two distinct ways to finance a vehicle. The right structure depends on your employment situation, how the vehicle is used, and your tax position. The table below compares how each arrangement works structurally — it is not a comparison of cost, and suitability depends on your individual circumstances.
| Feature | Novated Lease | Chattel Mortgage |
|---|---|---|
| Who it typically suits | Employees whose employer offers salary packaging | Businesses, sole traders and ABN holders using the vehicle for business purposes |
| Ownership of the vehicle | Financier/lessor holds ownership during the lease term; you do not own the asset outright until any residual is paid | You take ownership from the outset; the financier registers a security interest until the loan is repaid |
| Party structure | Three-party: you, your employer and the financier (obligations are novated to the employer while employed) | Two-party: you (or your business) and the financier |
| How repayments are made | Typically deducted from pre-tax and/or post-tax salary via payroll | Paid directly by the borrower/business, usually from business cash flow |
| GST treatment | Managed through the packaging arrangement; treatment varies by employer setup | GST-registered businesses may be able to claim the GST on the purchase price as an input tax credit, subject to eligibility |
| Potential tax considerations | May offer packaging-related efficiencies; Fringe Benefits Tax (FBT) generally applies and must be accounted for | Interest and depreciation may be deductible to the extent of business use; deductibility depends on usage and your circumstances |
| End of term | A residual (balloon) is typically payable; you may refinance, pay it out, or enter a new arrangement | Loan concludes once the balance (including any balloon) is repaid; security interest is then released |
| Key dependency | Tied to your employment — changing employers generally requires re-novation | Depends on demonstrating business use and meeting lender criteria |
FBT, GST and income tax outcomes depend on your individual and business circumstances. SB Finance arranges finance and does not provide tax or accounting advice — please consult your accountant or a registered tax agent before choosing a structure.