If you dont have financials or you have just started a new business, we can provide Low Doc or No Doc Construction and Earthmoving Equipment Finance.
All you need is;
1) Drivers Licence and Utility bill
2) A Source of work
3) An ABN Number
Once the Finance is approved
4) A Quote for the equipment or if purchasing via private sale email us the weblink where the advertisement of the equipment is. The supplier will need to provide an Invoice.
Once the finance is approved, we will need the following;
5) Certificate of Currency to confirm the equipment has a valid insurance policy
6) Sign a direct debit form so our lender can make the regular deductions of the repayments from your business bank account.
We can approve your loan intenally up to $35K.
For approvals of higher value, we lodge the application to our lender credit team for approval.
We currently have a 100% approval rate due to our pre-assessment process.
Because this product is structured as a Rental Product, the repayments are 100% Tax deductible.
Benefits of this product;