The product removes the burden of large upfront capital requirements often faced by non-asset-backed business operators when seeking motor vehicle finance. Its launch is particularly timely given the continually increasing operational costs. In addition, the product features a no deposit option for non-property owners, which traditionally is only available to property-backed clients:
The upside: SMEs can now bypass paying large upfront deposits when acquiring vehicles and redirect the capital back into their business.
Low doc
Asset secured
Property + non-property owners
No deposit for non-property owners up to $75k
Instant approval
Tier 1 assets (car, vans and Utes)
Rates from 6.25%
The product goes hand in hand with our Low Doc Balloon Refinance product, which takes the stress out of paying large sums of money at the end of the finance term.