Car Finance

– Dealerships do not provide a personalised experience throughout the loan term. Once the loan settles, you would have to contact the finance company directly to make any changes. Using a broker means you deal with one person only and you have direct contact with them.

– We are a one stop shop. We don’t just stop at car loans, we can do equipment, trucks, tertiary assets, cash loans and more.

– We provide options of fixed and variable rate loans. This means you have the flexibility of choosing a loan that allows you to make additional repayments, pay out the loan early, and even upgrade your car without being charged exit fees, penalties or remaining interest.

– Brokers can provide advice on whether a loan will be suitable for the clients needs. For example, if we find our options are too expensive compared to what’s in the market, we would advise you to take the better option.

– Our loans do not have enforced Balloon paymebnts. Balloons should and will always be an option with us. There are dealers that enforce a Balloon to make the loan affordability “work”.

– Although banks might have the sharpest rates, we have the ability to negotiate with lenders to try and get as close as possible, or even match the rate completely.

– Banks don’t have transparancy of the application process. You won’t know if you will be successsfull prior to submitting your application (causing a mark on your credit file). A broker will check policy before submitting your application and discuss the likelyhood of success.

– Banks do not provide a personalised service. Throughout the loan application and post settlement, you will have to contact a generic number to discuss or make any updates.

– We approve and settle loans significantly faster than banks. Depending on the size of the loan, banks can take up to a month to finalise a settlement.

– Our documentation requirements are very minimal compared to banks. For example, most property owners don’t need to provide any financials, ATO portals or bank statements up front for loans up to $300,000

Feel free to contact me if you have any questions