Lorries & Vans
All commercial types
Same day
Typical broker response
12–84 mo
Repayment term range
Up to 100%
Matched lender financing
Commercial vehicles we cover
From single vans to multi-vehicle fleets, our matched lenders cover the full range of Singapore commercial vehicles. Not sure which category applies? Contact us and we will help you confirm.
Light Goods Vehicles
Vans and lorries under 3,500 kg. Popular for last-mile delivery, contractor transport, and SME fleets. Includes models like the Toyota Hiace, Nissan NV350, and Mercedes-Benz Sprinter.
- Under 3,500 kg GVW
- Panel vans & box trucks
- Single or dual cab
Heavy Goods Vehicles
Lorries, tipper trucks, and prime movers over 3,500 kg. Ideal for construction, logistics, and wholesale distribution operators running dedicated routes.
- Over 3,500 kg GVW
- Tipper & flatbed bodies
- Prime movers & trailers
Buses & Minibuses
School buses, commuter shuttles, and private hire buses up to 30 seats. Financing available for registered operators with LTA-compliant vehicles.
- Up to 30 seats
- School & commuter routes
- LTA-compliant operators
Specialised Vehicles
Cranes, boom lifts, refrigerated trucks, and custom-bodied vehicles. Each case assessed individually — contact us to discuss your requirements.
- Custom bodies
- Refrigerated units
- Cranes & lifts
Vehicle Refinancing
Already own a commercial vehicle on an existing loan? Refinancing can unlock working capital or reduce monthly payments for businesses with a clean repayment record.
- Unlock working capital
- Reduce monthly payments
- Existing vehicle only
Multi-Vehicle Fleet Financing
Adding two or more vehicles at once? We offer bundled assessment for SME fleet operators, reducing the paperwork overhead of separate applications.
- Bundled assessment
- Single application
- Up to 10+ vehicles
How commercial vehicle brokering works
We match your business profile with lenders who understand commercial financing. Here is the process.
Submit your enquiry
Complete our short form with your vehicle type, estimated financing amount, and business details. Takes about 3 minutes.
We review and match
Our team reviews your business profile and connects you with suitable lenders from our network who understand commercial vehicle financing.
You compare options
Review matched quotes side by side — term, monthly payment, total repayment, and any fees. Ask questions before you decide.
Proceed with confidence
Move forward with the lender of your choice. We stay available if you need clarification at any stage.
Built for Singapore business owners
We work with sole proprietors, SMEs, and fleet operators who need reliable financing without the bureaucracy of a traditional bank loan. As a broker, we help structure the enquiry, gather the right documents, and connect suitable applications to matched lenders — at no cost to you.
Sole proprietors and self-employed tradespeople needing a single van or lorry
SMEs in logistics, construction, F&B delivery, and wholesale distribution
Fleet operators replacing end-of-life vehicles or expanding capacity
Businesses refinancing existing commercial vehicle loans for better cash flow
Having these ready helps us match you faster with suitable lenders.
Business registration
ACRA BizFile or sole proprietor registration. We accept all business structures.
Vehicle details
Registration number or dealer quotation. For new vehicles, a dealer quotation suffices.
Proof of income
Last 6 months bank statements or NOA for sole proprietors. Directors: last 3 months payslips.
Identification
Applicant's NRIC for verification. Foreign directors may use passport.
Business correspondence address: 45 Jln Pemimpin, #01-03A Foo Wah Industrial Building, Singapore 577197.
Why use a broker for commercial vehicle financing?
Approaching lenders directly for commercial vehicle financing often means multiple applications, different document checklists, and comparing offers that use varying terminology. A broker simplifies this in three ways:
- 1
One application, multiple matches
Submit once with your vehicle and business details. We match your profile against lenders who understand commercial financing.
- 2
Apples-to-apples comparison
We present each option with the same structure so you compare term, payment, and total cost clearly.
- 3
No cost to your business
Our brokerage service is free for borrowers. We receive a referral fee from matched lenders — this does not change the terms you are offered.
How different terms affect monthly payments for a S$68,000 commercial vehicle:
| Term | Monthly | Total Repayment |
|---|---|---|
| 24 months | ~S$3,010 | ~S$72,240 |
| 36 months | ~S$2,070 | ~S$74,520 |
| 48 months | ~S$1,640 | ~S$78,720 |
| 60 months | ~S$1,390 | ~S$83,400 |
Illustrative estimates only. Actual rates depend on the matched lender, vehicle type, and your business financial profile.
Having these ready speeds up the matching process.
- ACRA BizFile or business registration certificate
- Vehicle quotation or current registration details
- Latest 6 months bank statements or Notice of Assessment
- Applicant NRIC or passport
From initial enquiry to lender matching, the process is designed to move at your business pace.
- Day 1: Submit your business and vehicle details through our online form.
- Same day: Our team reviews your profile and contacts you to clarify details if needed.
- Within 24 hours: We present matched lender options with clear term comparisons.
- Your timeline: Review, ask questions, and proceed when you and your business are ready.
Tip: Starting the process early gives you time to compare options and align the financing timeline with your vehicle delivery or replacement schedule.
Worked commercial vehicle examples
These illustrative examples show how a business should compare operational fit, term length, and monthly load before committing to a facility.
| Scenario | Example Context | Illustrative Structure | Why Choose This | What to Verify |
|---|---|---|---|---|
| Single van replacement — SME delivery business | S$68,000 vehicle cost for a delivery van that a small business needs back on the road quickly after an accident write-off. | 48-month term, ~S$1,640/month, total scheduled repayment ~S$78,720. | Best when the business needs predictable monthly overhead more than the shortest possible repayment window. | Check whether the repayment still feels safe during slower months, not just peak revenue periods. |
| Fleet expansion — two additional vans | S$124,000 combined financing need for two new vehicles in a growing logistics operation. | 60-month term, ~S$2,460/month, total scheduled repayment ~S$147,600. | Best when the operator wants to preserve working capital while adding capacity for new contracts or routes. | Compare the quote against expected cash-flow lift from the new vehicles before locking in the term. |
| Heavy goods vehicle replacement for construction | S$150,000 cost for a 10-tonne lorry to replace an end-of-life vehicle in a construction fleet. | 60-month term, ~S$2,980/month, total scheduled repayment ~S$178,800. | Useful when the vehicle is essential for ongoing contracts and the business prefers to spread the cost over the expected useful life. | Confirm the repayment term does not exceed the expected operational lifespan of the vehicle. |
| Refinancing an existing facility | Business has an existing commercial vehicle loan and wants to improve monthly cash flow. | Refinance quote may reduce monthly payments but extend the remaining commitment period. | Best when cash flow is tight and the business values monthly relief more than finishing the loan quickly. | Compare the new total scheduled repayment against the current loan, not just the lower monthly amount. |
Common Mistake
Choosing only by monthly repayment
Compare monthly repayment, total scheduled repayment, term length, and operating cash flow together.
Common Mistake
Submitting without clear business context
State whether the case is replacement, expansion, or refinancing so lenders can assess in the right commercial frame.
Common Mistake
Treating vehicle financing as separate from business finances
Check whether the repayment timing matches your revenue cycles and busiest months.
Common Mistake
Not verifying lender credentials before signing
Always confirm the lender is listed on the Registry of Moneylenders or MAS Financial Institutions Directory before committing.
Common questions from business owners about commercial vehicle financing.
Do you work with single-vehicle businesses or only fleets?
Can you help refinance an existing commercial vehicle loan?
Does CoeLoans approve commercial vehicle loans?
What repayment terms are available for commercial vehicle financing?
Can a sole proprietor without ACRA registration apply?
How quickly can I get a response on my enquiry?
What types of vehicles can be financed?
Is there a fee for your brokerage service?
What borrowers say about us.
“CoeLoans helped me compare COE loan options quickly. The broker explained the quotes clearly and I found a repayment plan that worked for my budget.”
— Borrower
COE Loan
“I was unsure about the paperwork needed for commercial vehicle financing. The team helped me understand what documents to prepare and matched me with a suitable lender.”
— Business Owner
Commercial Vehicle
“The process was straightforward. I submitted my details and heard back the same day. The broker walked me through the quote and I knew exactly what I was signing.”
— Borrower
COE Renewal
Learn more about commercial vehicle financing
Next Step
How our broker process works
See how we structure enquiries and help you compare lender options.
Next Step
Use the financing checklist
Prepare the right documents before you start the conversation.
Next Step
Current commercial loan rates
See rate comparisons and financing scenarios for vans, lorries, and fleet vehicles.
Next Step
Broker vs direct lender
See when comparison support is stronger than handling one lender alone.
Next Step
Verify the lender before signing
Use our trust checklist before accepting any financing offer.
Ready to finance your commercial vehicle?
Apply online or call us. We respond the same day and help you review lender options clearly.
Before signing with any lender, verify its status on the Registry of Moneylenders.