Frequently asked questions & answers
Yes, even if your credit history isn’t perfect, there are lenders on our panel who specialise in low doc loans who can assist. While a good credit history helps, it’s not always a deal-breaker with these types of loans.
Yes. Unsecured business loans can be used to refinance or consolidate existing debts, simplifying repayments and potentially reducing interest costs.
Banks don’t usually accept foreign property as security.
Yes! Franchise finance can be obtained to purchase both new and existing franchise opportunities. The franchise finance approval will be dependent upon several different factors including the franchise brand’s reputation, the profitability of the industry and the current financial position of the franchise considered. Documentation will be required to prove the stability of the franchise, and its long term financial history. Our lending specialists are professionals in franchise finance, and will be able to discuss tailored lending solutions best suited to your next franchise opportunity. Call us today on 1300 665 906, or enquire here.
Yes! If your parents have a property(s), we can potentially leverage the equity in those properties as part of your deposit toward 100% Lending. With a parent assisted home loan, you may be able to borrow up to 100% of the purchase price plus costs and your parents can have the opportunity to make a return on this investment.
In most instances, yes. Generally, if the home loan equity release amount is less than $100,000, the lender will not require proof of what the funds are to be utilised for. A client will have to declare the purpose of their intentions when obtaining a home loan equity release, however rarely needs to provide documentation for those expenditures or purchases. This can be handy if clients plan to use the funds on several different costs including renovations, asset purchases, or other investments.
Yes. Self-employed applicants can qualify for a bad credit personal loan, provided they can demonstrate reliable self-employed income.
Lenders that work with self-employed borrowers do not rely on payslips. Instead, they assess the consistency of your self-employed income, how long your business has been trading, and your overall financial position. Even with bad credit, a stable income and clear affordability can make approval possible.
Yes! Self-employed chiropractors are eligible for car loans, just like any other self-employed client. Chiropractors are likely to have a higher eligibility when it comes to being assessed for car finance, due to their career in a reputable industry. Permitted that financial verification can be complete (providing self-employed documentation and a valid ABN), our lending specialists will be able to arrange your pre-approval in as little as one business day. Discuss a chiropractor car finance application with us today, or enter some details online.
Yes! Self-employed dentists are eligible for car loans, just like any other self-employed client. Dentists are likely to have a higher eligibility when it comes to being assessed for car finance, due to their career in a reputable industry. Permitted that financial verification can be complete (providing self-employed documentation and a valid ABN), our lending specialists will be able to arrange your pre-approval in as little as one business day. Discuss a dentist car finance application with us today, or enter some details online.
Yes! Our lending specialists are professionals when it comes to car finance for self-employed physiotherapists. If you are working as a self-employed physiotherapist, you may have to provide financial verification documentation such as a tax return or BAS statement. This is no different to any other self-employed loan application. Your designated lending specialist will be able to discuss what’s required for your car loan application to ensure you get the best finance deal on the market as a physiotherapist. Speak to us about your options, or let us call you.
