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Commercial, Business

Metro - Real people. Reliable finance.

Metro Finance is an Australian non-bank lender that provides a wide range of finance solutions for predominantly businesses such as SMEs & Sole Traders. With a focus on flexibility, speed, and personalised service, Metro offers products such as car loans, equipment finance, and commercial lending. Their approach is designed to make borrowing simpler than dealing with traditional banks, with streamlined applications, competitive rates, and a willingness to work with different credit profiles. For Australians looking for practical funding options to achieve their business goals, Metro Finance positions itself as a reliable alternative.

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Commercial Asset Finance Specialists

Metro Graphic Auto

Metro Finance specialises in car finance solutions for sole traders and businesses. Known for its flexible lending criteria and straightforward application process, Metro helps Australians get behind the wheel sooner — whether buying a new car or used vehicle from a dealer or a private seller. With competitive fixed-rate options, fast approvals, and terms designed to suit different budgets and credit profiles, Metro Finance aims to make car ownership more accessible without the lengthy delays and strict requirements of traditional banks.

7.15%

Commercial Rate

Interest rates start from 7.15%, however rates may vary based on your credit profile. 

2 -5 Years

Loan Term

Loans terms from 2-5 years 

$250,000

Loan range

Finance from $10,000 to $250,000

Repayment features:

Monthly payments, with balloon and deposit options (e.g., 50% balloon on 1–3 year terms) 

Car Finance Usage

Metro allows commercial car loan finance to be used for:

Fees:

  • Origination Fee: $990
  • Documentation Fees: Varied
  • Early Repayment Fees: Varied

  • Features of this loan

    Consider the following features before applying for this loan:

    • Secured Finance– Your loan is secured against the car financed
    • Borrow up to $250,000
    • Flexible loan term
    • Deposit and balloon options
    • Flexible repayments
    • Competitive finance rate
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Metro Commercial Asset & Equipment Loans

Metro Graphic

Metro offers flexible commercial asset finance and equipment loans designed to help Australian businesses grow. Whether you’re upgrading machinery, expanding your fleet, or investing in essential tools, Metro provides fast approvals, competitive rates, and funding solutions tailored to business needs. Their straightforward process makes it easier to secure the equipment and assets your business needs to operate efficiently and stay ahead.

7.40%

Asset & Equipment Finance

Secured loans: Interest rates start from 7.40%, however rates may vary based on your credit profile. 

2-5 Years

Loan Term

Loans terms from 2-5 years 

$1,000,000

Loan range

Finance from $10,000 to $1,000,000.

 

Asset & Equipment Finance

Secured loans: Interest rates start from 8.49%, however rates may vary  based on your credit profile. 

Asset Finance Usage

Dynamoney  allows an equipment loan  personal loan to be used for:

Fees:

  • Application fees: $0
  • Origination fees: $990
  • Documentation fees: Varied

Features of this loan

Consider the following features before applying for this loan:

  • Loan value available from $10,000-$1,000,000
  • Loan terms ranging from 2-5 years
  • Options for fully amortised or balloons
  • No annual or account keeping fees
  • Competitive fixed interest rates
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Pros & Cons of Choosing Metro

Pros
Cons
Fast and straightforward approvals. Metro is known for its quick application process, with many loans approved within 24–48 hours — helping you secure funding without long delays.
Interest rates may be higher than banks. While Metro offers convenience and flexibility, interest rates can sometimes be higher than those from major banks, especially for higher-risk borrowers.
Flexible finance options. From passenger cars and commercial vehicles to heavy equipment, Metro offers a wide range of loan products tailored to both most business needs.
Limited branch network. As a non-bank lender, Metro operates primarily online and through brokers.
Non-bank lending advantages. As a non-bank lender, Metro often has more flexible lending criteria than traditional banks.
Fees and charges vary. Some Metro loans may include establishment or account-keeping fees.
Balloon and deposit flexibility for car and equipment loans.
Loan caps may limit large commercial financing needs.
MetroEco product range—achieve rate discounts for eligible eco products such as EVs and solar-powered equipment.
Not always the cheapest; depends on specific profile and lender matching.

FAQs About Metro Loans

What’s the best loan option if I’m buying a car for my business — a personal loan or a commercial loan?
If the vehicle will mainly be used for business, a commercial car loan or novated lease is usually a better choice than a personal loan, offering tax advantages and flexible finance options.

If you’re purchasing a vehicle primarily for business use, a commercial loan is generally the smarter option compared to a personal loan. Commercial car finance is specifically designed for business purposes and typically offers flexible terms, structured repayment options, and potential tax benefits that personal loans don’t provide.

Lenders like Metro Finance also offer novated leasing, which allows employees to package the cost of a vehicle into their salary. This arrangement can make financing a work vehicle more convenient and tax-effective, especially for those who use the car for both personal and business travel.

Ultimately, the right choice depends on how the vehicle will be used and how you want to structure your finance. If it’s mostly for business operations, commercial car finance or a novated lease will usually deliver more value and benefits than a standard personal loan.

How long does it take to get approved for a Metro car loan?
Most car loan applications are approved within 24 to 48 hours, though timing can vary based on your circumstances and how quickly you provide the required documents.

Car loan approvals are often quite fast, with many applicants receiving a decision within 24 to 48 hours. The exact timeframe depends on factors such as the complexity of your application, the type of loan you’re applying for, your credit profile, and how quickly you supply the necessary documentation. Straightforward applications with all required details provided upfront tend to move through the process faster, while more complex cases or those requiring additional verification may take slightly longer. To speed things up, make sure you have your identification, income details, and any other requested information ready when you apply.

What happens if I miss a car loan repayment?
If you miss a repayment, you may be charged a late fee, and it’s important to contact your lender as soon as possible to discuss support options.

Missing a car loan repayment isn’t the end of the world, but it’s important to act quickly. Many lenders understand that financial setbacks can happen and have hardship support options available to help you get back on track. If you know you’re going to miss a payment — or already have — contact your lender immediately to discuss your situation and explore possible solutions, such as revised payment arrangements.

Be aware that some loans may include late payment fees, and repeated missed payments could affect your credit score. To avoid unexpected costs or credit impacts, always review your loan terms carefully before signing and speak with your broker if you’re unsure about any conditions.

 
 
What types of vehicles can I finance with a Metro car loan?
You can finance a wide range of vehicles, from everyday passenger cars to commercial vehicles, heavy equipment, and even farming machinery.

Metro Finance offers flexible vehicle finance options that cover a broad range of needs. Whether you’re buying a standard passenger car for personal use or a light commercial vehicle like a ute or van for work, their car loans can help you get on the road quickly. For businesses with larger transport or equipment needs, Metro also provides commercial finance solutions for heavy vehicles such as trucks and trailers, as well as specialised farming equipment like tractors. This flexibility means you can choose the vehicle that best suits your lifestyle or business requirements — and finance it with confidence.

 
 
 
 
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Metro Loan Eligibility

To be considered for a Metro loan, you’ll need to meet the following requirements:

  • Be an Australian citizen or hold permanent residency.

  • Be at least 18 years of age.

  • Minimum Equifax Score 500

  • Age of Vehicle Maximum age of vehicle is 15 years at end of term

     

What you’ll need to provide

When applying, you’ll be asked to supply supporting documents, including:

  • Minimum of two Payslips

  • Bank statements up to 12 months. We accept PDF bank statements with corresponding CSV file

     

  • BAS statements or Notice of Assessment for commercial applicants.

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Get Pre-approved with Metro & Ausloans today!
No impact to your credit score.
Get Pre-approved!

Apply for a Metro Loan via Ausloans

Get access to Metro car, commercial vehicle and equipment finance — plus 70+ other Australian lenders — with just one application through Ausloans. 

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