Electric Vehicle Finance for Australian Businesses

Buying an electric car, work ute, van or truck? We help you compare suitable finance options so you can choose your next business vehicle with a clearer picture of the costs.

Discuss Your EV Finance Call Kim: 0439 313 541

60+ lender panel
New & used vehicles
Business-use EVs & PHEVs
Personal broker support

Find your vehicle

What are you looking to finance?

Explore finance for eligible electric and plug-in hybrid business vehicles, from a single car to a commercial fleet. Availability is subject to lender policy and approval.

Business & everyday work

Electric Cars & Vans

Passenger cars, SUVs and vans for business travel, deliveries, trades and service teams. Ask about car or van finance →

Trades & work vehicles

Electric & PHEV Utes

Battery-electric and plug-in hybrid work utes for trade, construction and regional businesses. Explore electric ute finance →

Transport & logistics

Electric Trucks

Commercial vehicles for delivery, distribution and transport, with finance assessed around the vehicle and your business. Explore electric truck finance →

Considering a pre-owned vehicle? Read our new vs used EV finance guide. Buying several vehicles? Explore EV fleet finance.

Looking at an EV offer?

Found the vehicle? Compare the finance too.

More brands and models mean more choice for your next business vehicle. Factory bonuses and run-out offers may also reduce the upfront cost of selected EVs and plug-in hybrids. Before signing, check the total vehicle price and finance costs, not just the monthly repayment. Send us the vehicle details and quote, and we can help compare suitable finance options.

Manufacturer offers vary by model, stock and date. Finance is subject to lender approval.

Discuss Your EV Purchase

Why Woodward Finance

A broker to help you weigh up your options.

You do not need to work through lender policies on your own. We help identify suitable options and handle the application through to settlement.

A panel of more than 60 banks and specialist lenders
Comparison of finance costs, structures and lender criteria
Low-doc options for suitable established businesses
Sydney-based team supporting businesses Australia-wide

Talk to Kim Woodward

Personal support. Asset-finance experience.

Kim is the Director and Founder of Woodward Finance and has worked in asset finance since 2011. Tell us what you are buying, the approximate price and how your business will use it. We will help you understand the next steps, even if you have not settled on a model yet.

Call Kim: 0439 313 541

Not every lender finances every EV or business profile. We assess the options relevant to your application.

Understanding approval

Can your business finance an electric vehicle?

Yes, eligible Australian businesses can finance new and used electric vehicles. The lender considers both your business and the vehicle you want to purchase.

Your business

Trading history and business structure
Cash flow and financial position
Credit profile and existing commitments
Available application documents

Your vehicle

Make, model and purchase price
Age, condition and new or used status
Seller and intended business use
Requested finance term and balloon, if any

See our EV finance requirements guide for more detail on lender assessment and documentation.

Finance to suit the purchase.

A chattel mortgage is one structure commonly considered for business vehicles. Other options may be available depending on the borrower, vehicle and lender. We can compare available terms, repayments, fees and any proposed balloon payment. Your accountant can advise on the tax treatment for your circumstances.

Planning a fleet or charging setup?

Multiple vehicles and commercial charging equipment may need separate consideration. Discuss the wider project before committing to the purchase. Explore EV fleet finance and our EV charging equipment finance guide.

Still comparing vehicle types? See electric vs plug-in hybrid utes, or our broader ute finance and truck finance pages.

Established brands. Newer names. Let’s assess the vehicle.

We can explore finance for eligible business-use vehicles across a broad range of manufacturers. The specific model, supplier and lender policy matter, not just the badge.

TeslaBYDToyotaFordKiaHyundaiMGVolvoPolestarMercedes-BenzBMWKGMGWMLDVFusoIsuzu

Brand inclusion is not a guarantee of finance or model availability. Ask us about the vehicle you have in mind.

A clear next step

From vehicle quote to settlement.

Tell us your plans

Share the vehicle, approximate price, seller and business use. Not chosen yet? We can still discuss what to prepare.

Compare suitable options

We assess your scenario and explain the relevant lender options, costs and documents required.

Apply with support

We prepare the application and manage lender queries. If approved, we help complete the conditions and coordinate settlement.

Electric vehicle finance FAQs

Can a business finance an electric vehicle in Australia?

Yes. Eligible Australian businesses can finance electric cars, utes, vans and trucks. Available structures and approval depend on your business, the vehicle and lender policy.

Can I finance an electric ute through my business?

Potentially, yes. Battery-electric and plug-in hybrid work utes may qualify for business vehicle finance. See our Electric Ute Finance page for more information.

Can businesses finance electric trucks?

Finance may be available for eligible electric trucks and commercial vehicles. Larger transactions may require more detailed information about the business and intended work. Explore Electric Truck Finance.

Can I finance a used electric vehicle?

Some lenders finance eligible used EVs. Vehicle age, condition, value and lender policy can affect the available term and structure. Read our new vs used EV finance guide.

Do lenders treat EVs differently from petrol or diesel vehicles?

Policies vary. Some lenders consider EVs under their standard vehicle-finance criteria, while others have specific requirements for particular models or asset types. Comparing lender criteria is part of finding an appropriate option.

Can charging equipment be included in EV finance?

It depends on the lender and transaction. Commercial chargers and installation may need separate equipment finance. Our EV charging equipment finance guide covers the considerations.

Can I get low-doc EV finance?

Some established businesses may qualify for lower-documentation finance. Eligibility depends on trading history, credit profile, loan amount, asset and lender policy. Low-doc does not mean no assessment or guaranteed approval.

How long can an electric vehicle be financed for?

The available term depends on the lender, vehicle age and type, and your business circumstances. We can explain the available terms and how they affect repayments and total finance costs.

Do I need a deposit to finance an EV?

Not in every case. Some qualifying applicants may be able to finance the full vehicle purchase price; others may need a contribution. The lender assesses this against the application and vehicle.

Can a business finance multiple electric vehicles?

Potentially, yes. Fleet purchases and staged replacement programs can be assessed against your business position and existing commitments. Read our EV fleet finance guide.

Which EV brands can Woodward Finance help with?

We can explore eligible business-use vehicles from established and newer manufacturers. See the brand examples above, or send us the make, model and quote. Finance depends on the specific vehicle and lender policy.

Want to look into the details?

EV finance guides for your next decision.

EV Finance Requirements →Business details, vehicle information and documents lenders may request. New vs Used EV Finance →Compare the finance considerations for a new or pre-owned vehicle. EV Fleet Finance →Plan multiple purchases or a staged fleet replacement. Electric vs Plug-In Hybrid Utes →Consider charging, travel, towing and everyday work. EV Charging Equipment Finance →Understand finance considerations for commercial charging equipment. EV Sales Australia →What Australian EV sales figures mean for business buyers considering their next vehicle.

Tell us what you’re looking to buy.

Already have a quote or just weighing up your options? Talk to Woodward Finance about your vehicle, budget and business. We’ll help you work out the next step.

Discuss Your EV Finance Call Kim: 0439 313 541

Finance is subject to lender approval, eligibility and terms. This page provides general information, not personal financial or tax advice.

Looking to Finance an Electric Vehicle?

Tell us what you’re looking to purchase and we’ll help you compare suitable finance options across 60+ lenders.