Financing built around how SMEs actually buy vehicles.
Hire purchase, bank loans, and in-house financing options. We help you assemble the documentation, work out a repayment plan that fits your cash flow, and avoid surprises at signing.
Latest indicative rates
Current financing & service rates
Financing
New Commercial Rate
3.48%
UOB
Financing
Used Commercial Rate
3.68%
Tokyo Century
Financing
New Private Car Rate
2.38%
HL Bank
Financing
Used Private Car Rate
2.38%
HL Bank
Financing
Renew COE — Commercial Vehicle Rate
3.68%
HL Bank
Financing
Renew COE — Private Car Rate
2.78%
Toyota Financial Services
Indicative only — final rates and approval are confirmed by the partner financier or insurer before any commitment.
How we help
Hire purchase
Spread the cost across the vehicle's useful life. We line up financing partners and walk you through tenure, deposit, and interest options.
Business-owner documentation
Most SME owners don't keep their paperwork in one neat folder. We give you a clear list of what you'll need and help you avoid back-and-forth.
Repayment planning
We model monthly payment scenarios against your cash flow so the commitment doesn't strain operations.
Combined with insurance + COE
Financing, insurance, and registration are coordinated together so you don't have to chase three separate timelines.
What you'll typically need
- ACRA business profile (for company-owned vehicles)
- Latest 6 months of business bank statements
- Income tax / NOA references
- Existing financing commitments overview
- Director / owner identification (for guarantor sign)
- Vehicle selection and indicative quote
Final approval, interest rates, and tenure are determined by the financing partner based on your application. We can't guarantee terms — what we can do is set you up for a clean conversation.
Common questions
How does financing a commercial vehicle work in Singapore?
Most SME owners buy via hire purchase — a deposit plus fixed monthly instalments over the loan tenure — or a bank/in-house loan. The rate, deposit and tenure depend on the vehicle and your business profile. Legion helps assemble the documents and arrange a repayment plan that fits your cash flow.
Can I get an indicative monthly instalment before I commit?
Yes. Kimi can give an indicative monthly figure for any vehicle in current stock, based on a typical tenure. The final figure depends on your deposit, tenure and bank approval, so it's a guide, not a quote — WhatsApp her the model you're considering for a number.
How much deposit do I need for a commercial vehicle?
The deposit depends on the vehicle, the lender and your business profile rather than a single fixed rate. Legion helps you structure the deposit and tenure so the monthly instalment fits your cash flow — ask Kimi for options on any vehicle in stock.
What documents do I need to finance a commercial vehicle?
Typically your business registration (ACRA/UEN), NRIC, and recent income or financial documents, plus the vehicle details. Exact requirements vary by lender. Legion tells you precisely what's needed and helps you assemble the paperwork so the application goes through smoothly.
Have a different question? Ask Kimi on WhatsApp.
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Open WhatsApp+65 8989 0298