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Morella Finance

What are you financing?

$5,000$2,000,000
Purchase type

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Fleet Finance for Two Vehicles or Twenty.

Financing multiple vehicles for your business? We compare fleet lenders and structure facilities that scale without requiring a new application for every vehicle.

Fleet structures available. No obligation to proceed.

Fleet Finance: Broker vs Direct

Broker vs bank,
a real comparison

FeatureYour bank
Choice of lenderTheir own products only
Vehicle categoriesTypically standard vehicles only
Pre-approval speedOften several business days
Fleet capabilityCase by case
Who they work forThe bank
FeatureThrough a broker
Choice of lenderMultiple lenders, compared for you
Vehicle categoriesAll commercial categories
Pre-approval speedPossible same day
Fleet capabilityStructured fleet finance
Who they work forYou

Structured fleet facilities

We negotiate fleet finance facilities that allow multiple vehicles to be funded under a single agreement.

Consistent terms across vehicles

Fleet facilities provide predictable rates and terms across your vehicle portfolio.

Reduced administration

One broker manages all vehicle additions, paperwork and lender communication.

Scalable as you grow

Start with two vehicles and scale to twenty. We establish structures that accommodate growth.

Fleet finance, explained plainly.

Step 1 of 5

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Understand fleet finance

Fleet finance covers several vehicles under one arrangement rather than a separate application for each. That is what keeps the admin manageable as the fleet grows.

Each vehicle is still held as security in its own right, with interests registered on the PPSR, but the assessment happens at the business level.

Terms run from one to seven years, and vehicles can generally be added over time rather than every unit being committed on day one.

Why choose fleet finance

One arrangement across several vehicles means one set of due dates, instead of a different lender and a different date for every unit.

Because the assessment is done at the business level, adding a vehicle does not mean starting the whole conversation again.

Knowing when each vehicle comes off finance is what lets you plan replacements in advance.

Deciding if fleet finance fits

It suits a business running several vehicles that expects to keep adding, rather than one buying a single replacement.

Trading history and steady revenue matter more here than on a single vehicle, because the lender is backing several units at once.

A mixed fleet of light vehicles and heavier units may need more than one lender. That is normal, and your broker arranges it.

How to apply for fleet finance

Set out the ABN, the trading history and what the fleet looks like now, including the mix of vehicle types and how they are used.

Say what you expect to add over the next year or two. A lender structuring for growth needs to know growth is coming.

Your broker compares lenders in one enquiry and manages the additions as they happen rather than restarting each time.

Tips for fleet finance

Keep a clear record of what each vehicle does and what it costs to run. That detail is what a lender uses to understand the fleet.

Plan replacements against the finance terms rather than against breakdowns, so units come off the books when you intended.

Review the arrangement as the fleet changes shape. A structure built for six vehicles may not be the right one at twenty.

Fleet finance at a glance

  • Multiple vehicles sit under one arrangement rather than separate applications
  • Each vehicle is still held as security with its own PPSR registration
  • Assessment happens at the business level rather than vehicle by vehicle
  • Vehicles can generally be added over time as the fleet grows
  • Lenders are compared from a single enquiry

Commercial Finance Repayment Calculator

Estimate your repayments. Adjust the sliders to match your situation.

Loan amount
$10,000$2,000,000
Interest rate (% p.a.)
4%18%
Loan term
1 yr7 yrs
Balloon payment (%)
0%40%

Monthly repayment

$1,437

per month

Weekly

$332

Total repayment

$68,965

Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.

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Eligibility

Does Your Business Qualify for Fleet Finance?

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Australian registered business

ABN registered with acceptable trading history

Financing two or more vehicles (most fleet facilities require a minimum)

Vehicles used for genuine business purposes

Business financials, BAS and bank statements available

Fleet Finance FAQs

Most lenders require a minimum of 2 to 3 vehicles to establish a fleet facility. Some will consider smaller arrangements for established businesses.

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