Firstly – here’s the really good news…
If you satisfy the basic criteria below, you probably already qualify for a loan up to $150,000 for certain vehicles without the need to provide any financial statements or tax returns.
- You have been trading and registered for GST for 2 or more years or if you are an employee you have been with your current employer for 2 or more years.
- One of the directors/partners/owners or the employee owns property with equity (not taken as security).
- You have a clear credit history.
- The asset will be used mainly (> 50%) for business purposes.
Of course our expertise doesn’t stop at $150,000. If you are needing a vehicle in a higher price bracket, read on and see how we can help.
What are vehicles?
The list is exhaustive, but includes passenger cars, commercial utilities and vans, light commercial trucks and trailers, wheeled yellow goods such as bobcats, backhoes, excavators, loaders and rollers, wheeled materials handling equipment such as forklifts and aerial work platforms, tractors and farming vehicles including combine harvesters and headers and any other wheeled vehicle that you may need.
As wide and as varied as the above vehicles are in nature, so too are the many ways to finance them – chattel mortgage, hire purchase, finance lease, operating lease, novated lease.
Not to mention considerations such as the proper loan term, residual value and taxation treatment.
Also, how to source the most appropriate lender based on their knowledge of and appetite for your industry and the vehicle itself, their efficiency and their pricing.
And importantly, how to present a complete and compelling finance application to a prospective lender to ensure a timely and acceptable finance approval.
The good news is that Source handles all of this on your behalf. You simply choose the vehicle and we do the rest. Source’s passion lies in leading you effortlessly through the finance process – making the seemingly complex and time-consuming task a simple one.
Do you need help Sourcing the vehicle? Let us know if our vehicle selection and buying service would help. We can help you Source the best deal on passenger cars, commercial utilities, vans and other vehicles.
Apply for finance now through the buttons below or simply send us an email or give us a call on 03 9008 0525 to discuss.
Click here if you are a business Click here if you are an employee