Not only do we have low doc car loans, but we can also service self-employed clients who wish to purchase new plant or equipment to help grow their business. They can upgrade their capital or office equipment without providing full financials.
They just need to meet the following criteria:
- ABN for more than 2 years and is registered for GST
- Asset-backed in the borrower’s name or spouses name
- Clear credit file
- 20% deposit required and an asset finance credit reference for non-home owners
There are two tiers of different equipment which have different MAX amounts financed.
Here are some examples of what goods are in each tier:
If the item depreciates, we can finance it. Speak to your BDM or the Asset Finance broker support team on 1300 730 856 for more information.