Your first rural ute, financed.

A rural ute is not a passenger car. It is a working tool — and lenders who finance working assets treat it differently to those financing lifestyle purchases. The write-off schedule, the GST treatment, and the security value profile all differ, and the lenders who understand rural operators are not always the ones advertising the lowest rate.

For operators who are early in their farming career, thin credit history is the main obstacle. Most lenders want to see two to three years of financials. We know which lenders in our panel assess new farm businesses on their business plan, personal equity position, and the strength of the operation rather than requiring a long trading history.

The farm use versus personal use split also matters. If the ute is primarily a farm business asset, a chattel mortgage or hire purchase is generally the right structure, preserving GST claims and depreciation. We will identify the appropriate structure for your situation before we approach lenders.