FIND THE RIGHT LOAN

Consumer Car Loan

• The most common type of car finance
• Can be used for cars that are up to 12 years old by the end of the loan term
• Is for people who don’t use their car for work
• Requires you to be employed, have a driver’s license and a payslip
• Fast turnaround available – Get a quote for the lowest market rate now

Chattel Mortgage (Employees)

• Available to employees who use their car as part of their job (above 50%)
• Most common loan type for employees who claim car expenses as a tax deduction
• Requires a payslip or bank statement to verify income
• A balloon can be applied, which reduces monthly payments
• Fast turnaround available – Get a quote for the lowest market rate now

Chattel Mortgage (ABN Holders)

• Available to ABN holders who use their car for business purposes (above 50%)
• Most common loan type for self-employed people & small businesses
• Low doc options available — Get in touch to ask us if you can get a low doc approval
• Tax deductions for car expenses such as interest & depreciation may be possible
• A balloon can be applied, which reduces monthly payments

Finance Lease

• Available to ABN holders who use their car for business purposes
• A structure where the vehice is owned by the finance company, and the account holder makes lease payments
• For some people, the entire lease payment is tax deductible, as opposed to just the interest or depreciation
• Low doc options available — Get in touch to ask us if you can get a low doc approval

Machinery / Equipment Rental

• Available to ABN holders looking to finance business equipment or machinery
• The equipment is rented to the account holder over a fixed term
• The account holder has an option to buy the equipment for a predetermined amount at the end of the term
• Low doc options available — Get in touch to ask us if you can get a low doc approval