These are loans for any purpose that are not secured by property. We will find the right type of facility to suit your requirements. Our suite of product solutions include loans for Motor Vehicles, Motorbikes, Trucks, Buses, Caravans, Boats, Aeroplanes, Home improvements, Swimming Pools, Holidays, Share Purchases and Tax Effective Investments.
A Personal Loan is an unsecured loan with fixed payments and a fixed payment schedule that can be used for debt consolidation, home improvements, share purchases or any other need.
Car Loans are loans which are secured by the vehicle, and can include Consumer Loans, Chattel Mortgages and Hire Purchase.
A loan to purchase a car solely for personal use. The car is the security for the loan and 100% of the total purchase price can be financed. Repayments are fixed for the term of the loan.
Secured loans are the most popular type of personal car loan in Australia. The vehicle is used as security for the loan; therefore you need to pay out the loan in full if you sell your vehicle before the end of the loan term. Features of a secured loan:
A loan to purchase a vehicle predominately for business use. Popular with sole proprietors, partnerships or companies. The borrower becomes the owner of the motor vehicle while the financier secures a charge over the vehicle. GST is not payable on the loan repayments.
Unlike a chattel mortgage, under a Hire Purchase arrangement you do not become owner of the motor vehicle until all monies owed under the arrangement are paid. GST is not payable on the Hire Purchase repayments.
We will assess and if required restructure your current vehicle loan to give you the benefit of current interest rates that are currently available.
A loan that does not use an asset as security.