BORROW ON YOUR MOTOR VEHICLE & KEEP IT TO DRIVE!
Smal short term business loans secured against your car. Firstly, the loan MUST be for a genuine business purpose. The vehicle being used as security must be…
- Unencumbered. (ie: owned outright. Nothing owing on the vehicle)
- Needs to be 2001 model or newer
- Must be registered & insured in the borrowers name
Minimum Loan Amount: $1,000
Maximum Loan Amount: $20,000
Loan Term: 1 - 4 months. (loan can be extended provided the borrower pays interest every month in advance)
Interest Rate: 6%pcm - 10% pcm. Rate varies depending on loan amount & customer circumstances
LVR: Up to 50% of the wholesale value of the vehicle
BAD CREDIT HISTORY OK IN MOST CASES.
SAME DAY SETTLEMENT. (note: borrower must bring the vehicle in for sighting to either the Melbourne, Sydney, Adelaide or Brisbane office. Loan contracts are generally signed on the spot to enable same day settlement.)
To get a loan application under way, simply CLICK HERE , complete the form & fax or email it through.
(As this is our short term caveat loan application form, simply write the year, make and model of the car where it asks for details of property at the top of page 2)
Approval Takes just 1 working hour!
If you have any queries, please don’t hesitate to call us. Click HERE to find your local HomeSec number,
or call (03) 9017 6611
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