Specialist in Consumer Car Finance

We make car finance fast and easy for full-time, part-time, casual, Centrelink & even bad credit applicants!

A personal car loan is when you borrow an amount of money from a financial institution with the purpose of buying a motor vehicle such as a car, Ute, 4WD, or other. A personal car loan is the cheaper option when it comes to interest payments.  

Types of car loans:

• New car loan vs Used car loan:
  - New car loans are used for buying new or used cars (between 1 and 3 years old). New car loans are usually secured by the car, with interest rates decreasing as the car's value increases.
  - Used car loan: for buying cars up to 6 years old. Used car loans are usually secured by the value of the car acquired. 
  
  
• Secured car loan VS Unsecured car loan:
  - Unsecured car loans: The lender requires no security for the debt. The loan is still subject to your ability to repay it. The interest rates on unsecured loans are higher on average than secured loans, which offsets the increased risk of losing money for the lender. 
  
  - Secured car loans: Use an asset to secure the loan, such as a car. This asset is then used as a kind of security against the loan.  If you are unable to repay the secure loan at any time, the lender may be able to use your security asset to recuperate the difference.  
  
  
• Leasing a car: Under this agreement, you use the car while the lender retains ownership. At the end of the term, you have the option to buy the car or trade it in for a newer model. Please talk with us for more information about leasing a car in Australia.
  
  
• Novated Leasing: This is perfect for businesses who want to provide a car for their employees. A novated lease is an agreement with you and your employer. The lease is paid by your employer and deducted from your pre-tax salary as part of a salary package. 
  
  
• Chattel Mortgage: A Chattel mortgage is like a secured car loan for assets purchased for business use. The lender takes a ‘mortgage’ over the car as security for the loan. Once the repayments are completed at the end of the repayment term, you’ll own the vehicle outright. 
  
  
• Hire Purchase: A hire purchase car loan is a way to finance buying a new or used car. You are normally required to pay a deposit and pay off the car's value in monthly instalments, with the loan secured against the car. At the end of the agreed term, and all payments are made, the car becomes yours—a good option for business. 
  
  
• Bad Credit Loans: Bad credit loans are for applicants with poor or bad credit due to defaults or not paid loans on time. As bad credit applicants' file also shows previous loan applications that other lenders have rejected, bad credit applicants are seen by lenders as high-risk, facing more obstacles when applying for a loan. However, you may be approved for a bad credit loan if your current circumstances are good. 
  
  
• Low Doc Loans: If you are a business owner or self-employed, the loan requirements needed may be difficult to obtain or, at times, you may not feel comfortable sharing your financial documents with the bank. Generally, requirements for a car loan in Australia include a Driver's License (if you have one), income, expenses, liabilities, etc. With a low doc car loan, you may not need to provide all of these since some specialised lenders will use other methods to determine your income or financial capability.

Fast Personal Loans 

A personal loan is a loan taken for personal reasons such as; holidays, furniture or other household items, elective surgery, weddings, vehicles, etc. Personal loans can be also taken to be paid off money.

Types of personal loans: 

• Secured: The personal loan is secured against an asset you own.
• Unsecured: Lender relies solely in your income flow to repay it. 

Business & Commercial Loans

Looking for finance to grow your business or start a new business venture?

Apply now for a business commercial loan and manage your cash flow, purchase stock or inventory or borrow for any purpose including property and asset purchase, business growth, refinance or debt consolidation. 

Leisure Loans 

Thinking of buying a large ticket leisure item? Dreaming of that motorbike, caravan, trailer or RV to take your family or friends on a relaxing getaway? Can't wait to get a boat, yacht or jet ski to enjoy the Australian beach lifestyle?

Whether you are looking to buy a new or used item, we offer the most comprehensive range of the best marine finance and leisure loans, so you not only get approved in minutes, but you also get the best rates.