Low Doc Car Loans
Are you looking to purchase a vehicle but can not get finance because you do not have financials?

Who is eligible for a Low Doc Car Loan, and who does it suit?
Businesses - including companies, sole traders and partnerships - and individuals are eligible for a low doc car loan, providing the asset is predominantly used for business

• NEW VEHICLES

• OLDER VEHICLES - CARS & COMMERCIAL – NO AGE LIMIT

• TRUCKS & TRAILERS – NO AGE LIMIT

• CLASSIC & COLLECTIBLE CARS – NO AGE LIMIT

• BOATS & LIGHT AIRCRAFT

• FARM EQUIPMENT

• EARTHMOVING EQUIP – NO AGE LIMIT

• TAXIS, ONLY FOR EXISTING OPERATORS

Purpose	Sale or Leaseback*
Asset Type	Good Condition
Loan Amount	Up to $100,000
Requirements	At least One Director/borrower MUST be a   property owner or have a deposit of 20% or greater In business 2 years + An ABN registered minimum of 2 years Registered for GST 2 Finance references Sales must be from a registered dealer (or auction house) No Private Sales
Loan term	24 – 60 months All payments in advance and Direct Debit
Credit related issues	Case by Case

Use	Business Use Only

 

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