Truck Finance, particularly if you are new in business requires expert presentation. There are 6 major requirements you will need to meet to be assured an approval. Failure to convince the lender on only one will almost certainly end with the answer No!
Many of our clients cannot meet these conditions and need another option.
Getting started is our priority. With our 12 month 60% residual product, you can get started virtually immediately. After one year, if you have made your payments on time, you are armed with a good credit rating and a truck that you only owe 60% on.
At year end usually you can refinance with a mainstream lender (e.g. bank) or if you want an upgraded truck, trade in and get finance with a mainstream lender.
If you are serious about getting truck finance, you need to be talking to us! We will tell you the way things really are, not just what you want to here. Our goal is an approval that meets your expectations. Want to know more, Call us now 1300 859 890 or fill out one of enquiry forms or read on, on our website.
Dependent on your situation and/or your available funds, two options are available to you.
If your application is weak in nature, our funder may give you an approval to take a vehicle from their stock. All of these vehicles have been reconditioned and are work ready. They also come with registration. This option will be attractive to most, as the starting costs are minimal.
Our 12 month product solves the problem that the majority of new start truck businesses have. You can get up to $100,000 to fulfill your dream.
Most new businesses struggle getting mainstream finance for a number of reasons, but the most common is that banks won’t look at your future earnings. They want Financial Statements and Tax Returns to prove what you earn. You can overcome this with a good size deposit, proof of money available to solve any problems you may encounter and a guaranteed work contract. Who has all of that.
In one short year you will have solved this problem in many ways. You will have, a good credit rating, Financial Statements and Tax Return and a Truck with some equity in it, removing the need for a large deposit.
Not everyone is a new business and some new businesses do get approved in the mainstream.
To get a mainstream approval particularly for a new business you will need to be well organised and prepared to be asked a lot of questions along the way. These questions in the main will need to be backed up with supporting paperwork.
If you are talking to someone who tells you it will be easy. Unless you have good financials, previous good credit and are a property owner, you should hang up immediately. After 25 years looking at truck loans we can assure you 100% there is serious work to be done.
There are some rules that need to be adhered to;
Things that will really help your application are.
You can check out the Truck Finance Frequently Asked Questions that we have compiled over the years and financial approval criteria that financiers are looking for.
Truck Finance Loans Broker is powered by Harley Finance – An Australian’s leading Finance Broker Business. The Principals have 30+ years, 25+ years and 10+ years’ experience. Our Knowledge and expertise has been gathered over a long period of time. We have seen the good times and the bad.
We pride ourselves as being genuine experts in our field. All our consultants are fully qualified as per A.S.I.C requirements, but more importantly genuinely want to help our clients and prospective clients get finance approvals that meet their wants and needs.
As further proof of our expertise, more than 25% of the business we write, comes from other Finance Brokers who realise that our Professional Presentation’s and Knowledge and our desire to make approvals happen, is what clients are looking for. Having access to a large quantity of Financiers and a daily working relationship with many of them, we know who the best fit for your application is.
If you are looking for your best chance of approval, call us today!
“We Keep It Simple”