Commerical Loans

Personal, Vehicle & Leisure Loans

Commercial Loans

What type of loan do you need?

Services

Commercial Loans

Your Business Matters

In today’s fast-paced business landscape, having the right vehicle can drive your growth. Whether it’s for expanding your operations, meeting clients, or ensuring prompt deliveries, Thor Finance offers a variety of commercial vehicle finance options to help you unlock endless opportunities. From trucks and trailers to yellow goods, agricultural machinery, and specialized tools, if it’s movable, has a serial number, and serves a business purpose, we can help finance it. With a wide array of financing solutions and access to an extensive network of lenders, we support businesses of all sizes and needs. We also prioritize the financial health of your business. Each commercial vehicle finance application is carefully managed to ensure it aligns with both your business objectives and financial situation.

We support your ambition

From a sole trader electrician purchasing their first ute to an established businesses growing their fleets, we offer commercial finance solutions for every need. With an extensive selection of loan options and access to a wide network of lenders, we help find the perfect financial fit for your business. Our focus is on equipping you with the tools necessary for success and growth. We take a tailored approach to every application, ensuring the finance solution aligns with your unique goals and financial situation.

Safeguarding Your Credit Status

Your credit score is a reflection of your financial standing. At Thor Finance, we take great care with every car loan application to ensure your credit remains in top shape. Our focus isn’t just on securing financing; we’re committed to preserving your financial future. Our team of professionals understands the value of a strong credit score and works hard to provide Asset Loan solutions that support your overall financial well-being. We prioritize responsible lending, making sure our car financing options contribute positively to your credit health.

Commercial General Service: Empowering Your Business Growth

In the realm of business, having the right financial support is crucial. Commercial finance, in this context, isn’t just about numbers; it’s about dreams, aspirations, and the drive to achieve more. At Muscle Money, we’re not just a finance provider; we’re your partner, understanding the intricacies of the business world and offering commercial finance solutions tailored just for you.

Shift Gears with Muscle Money

Ready to hit the road with your dream car? With Muscle Money’s seamless access to leading car loan solutions as well as expert brokers on hand when you need us, your dream car is just an application away. Experience the difference, experience the best.

Our approach is customer-centric, focusing on your needs and preferences. We take pride in offering personalised service, ensuring that each client receives a car loan package that perfectly fits their circumstances.

With Muscle Money, you’re not just getting a loan; you’re embarking on a journey towards achieving your automotive dreams with a reliable and supportive partner by your side.

Types of Commercial Loans Available

Commercial Loan

A commercial vehicle loan, much like a personal car loan, is designed for businesses looking to purchase a vehicle outright. These loans usually come with either fixed or variable interest rates and a defined loan term.

Commercial Leasing

This option enables a business to lease a vehicle for a set period. At the end of the lease, the business typically has the choice to return the vehicle, renew the lease, or purchase it outright. Example: A manufacturing company can leverage commercial finance to purchase automated machinery, boosting production capacity and operational efficiency, which, in turn, leads to higher output and revenues.

Chattel Mortgage

A chattel mortgage is a financing option where a lender provides funds to purchase a movable asset (like a car or equipment). The asset acts as collateral for the loan, potentially reducing interest rates. The borrower takes immediate ownership of the asset and repays the loan in instalments.

Inventory Purchase

Maintaining the right level of inventory is crucial for any business that sells physical goods. Whether preparing for a seasonal surge in demand, launching a new product line or stocking up on materials for production, a commercial loan can provide the funds needed to ensure your shelves are always fully stocked. This not only prevents potential sales losses due to stockouts but also allows businesses to negotiate bulk discounts by purchasing larger quantities.

Example: A clothing retailer can use a commercial loan to buy inventory for the holiday season, ensuring popular items are in stock and ready to meet customer demand, maximising revenue potential during peak shopping periods.

Real Estate and Infrastructure

Expanding or upgrading your business’s physical space can have a direct impact on productivity and customer satisfaction. Commercial loans offer the flexibility to purchase, lease or renovate real estate properties such as offices, warehouses or retail outlets. This investment in infrastructure can also position your business for future growth by accommodating more employees, equipment or inventory.

Example: A growing e-commerce business might use a commercial loan to open a new distribution centre, reducing shipping times and improving customer satisfaction.

Research and Development

In a competitive market, innovation is key to staying relevant. Funds from a commercial loan can be used to invest in research and development (R&D) initiatives, helping businesses to improve existing products, develop new offerings or explore new markets. By prioritising R&D, companies can stay ahead of industry trends and meet evolving customer needs, fostering long-term success.

Example: A tech startup can use a commercial loan to fund the development of a new software feature that sets it apart from competitors, attracting more users and increasing market share.

Tax Deductions

Business owners could take advantage of tax deductions when using commercial finance to buy a vehicle. Interest payments and vehicle depreciation may be tax-deductible, helping to lower the business’s overall tax liabilities.

Vehicle Ownership

With a commercial car loan, business owners take immediate ownership of the vehicle upon purchase. This enables them to use the vehicle as needed for the business, without restrictions on mileage, usage, or modifications.

Asset Security

Certain commercial finance agreements allow the vehicle to act as collateral for the loan. This reduces the need for personal guarantees and helps safeguard other business assets.

Improving Cash Flow

Commercial financing enables businesses to spread the cost of a new vehicle purchase over time. This helps manage cash flow and frees up funds for other areas of business growth.

Flexible Financing

Commercial car financing provides a range of loan structures, such as leases, hire purchases, and chattel mortgages. These options offer increased flexibility, allowing business owners to secure financing that aligns with their current needs and cash flow.

Proof of Business Registration

This isn’t just a document; it’s a roadmap. Detail your business goals, strategies, and projections, painting a clear picture for potential lenders.

Financial Statements

Legitimacy is key. Provide documents that attest to your business’s legal standing and recognition in the industry.

Tax Returns

These are the report cards of your business. Highlighting your financial health, they give lenders insights into your profitability and financial management.

Bank Statements

Compliance is crucial. Showcase your adherence to tax regulations and provide a clear record of your business income.

Credit Report

A glimpse into your day-to-day financial management, these statements can be instrumental in building trust with lenders.

Asset and Liability Statements

Give lenders a holistic view of your business’s financial standing, detailing both what you own and what you owe.

Details of Collateral (if applicable

If you’re opting for a secured loan, provide comprehensive details of the assets you’re putting forth as collateral.

Owner/Partner Information

Businesses are driven by people. Provide insights into the individuals steering the ship, detailing their financial standing and expertise.

Thor Finance

Commercial Loans

Asset
Loans

Personal
Loans