Frequently Asked
Questions
Everything you need to know about working with a finance broker. Can't find your answer? Give us a call — we're happy to chat.
How much does it cost to use a finance broker?
Our service is typically at no cost to you. In most cases, we are paid a commission by the lender once your loan is settled. We will always disclose any fees upfront before you commit to anything.
Will applying affect my credit score?
We do a preliminary assessment first without running a credit check. Once we've identified the right lender, we'll discuss the application with you before any formal credit enquiry is made. This minimises unnecessary enquiries on your credit file.
How quickly can I get approved?
Many applications are approved within 24 hours, and some even on the same day. The timeline depends on the lender, the loan amount, and how quickly you can provide the required documents.
Can you help with bad credit?
Yes. We work with a range of lenders, including those who specialise in non-standard credit situations. We'll be upfront about your options and what to expect. Bad credit doesn't automatically mean you can't get finance.
How much can I save if I use my car for work?
If you use your vehicle for work, you could be paying far too much tax each pay cycle. Through an ATO-approved PAYG Withholding Variation, most clients save $100–$300+ per pay. We'll give you a free estimate — learn more here.
Do I need to have a deposit?
Not always. Many lenders offer 100% finance for eligible borrowers, especially for newer vehicles. Having a deposit can help you get better rates, but it's not always required.
What types of vehicles can you finance?
Virtually any vehicle — new cars, used cars, utes, SUVs, trucks, vans, motorcycles, boats, caravans, and other recreational vehicles. We also finance commercial vehicles and fleet purchases.
Can you help with business equipment finance?
Absolutely. We arrange finance for equipment, machinery, commercial vehicles, and other business assets. Chattel mortgages, finance leases, and rental agreements are all available through our lender panel.
What is a chattel mortgage?
A chattel mortgage is a type of business finance where the lender provides funds to purchase an asset (like a vehicle), and the asset is used as security. It's popular with ABN holders because you may be able to claim GST credits on the purchase and deduct interest payments.
How is a finance broker different from a bank?
A bank can only offer you their own products. As a broker, we compare products from 30+ lenders to find the best deal for your situation. We work for you, not the lender. Think of us like a mortgage broker, but for vehicles and business assets.
What documents do I need to apply?
Typically: photo ID (driver's licence or passport), last 2-3 payslips or proof of income, bank statements (last 90 days), and details of the asset you want to finance. For business finance, we may also need financial statements and an ABN.
What is the SME Financial Snapshot?
It's a deep-dive analysis of your business's financial health. We examine 3 years of financials, calculate 13+ key ratios, and deliver a plain-English report with a traffic-light dashboard and actionable recommendations. $550 inc GST — learn more here.