One of my business clients recently celebrated the birth of his baby boy. He wanted me to finance a new SUV for his wife to drive that was dependable and had plenty of safety features for driving with the new baby. As we discussed the particulars of the loan (rate, terms, if there was a trade-in, etc.), he also started asking questions about how this loan might benefit his business. This is what he said that let me know there was more. We discussed how his business might benefit if the vehicle was financed in the business name--tax benefits and so forth. He decided to finance the vehicle in the name of his business.  His son can travel in safety when traveling and his business can benefit from the tax advantages of financing the vehicle in the business name.