Getting your first loan can be stressful! Apart from deciding on the model, the colour, how much you want to spend, Banks are quick to say no without any previous credit history or a large deposit. We can guide you through the process by helping with everything from vehicle selection, insurances, checks on the car and we make sure you understand everything that is happening. Feel at ease knowing we are here to help…
Do you have something in the past that is stopping you from getting a loan? We realise it is more important to understand what your current financial situation is than dwelling on what has happened in the past. We use things like bank statements and current loan references to get a thorough understanding of your financial picture as it stands today.
Some lenders won't help with Private Sale purchases - we don't tell you where you can buy your dream car it is totally your choice. If you are looking at a Private Sale we will even help with the background checks on the car and making sure the transfer process is completed properly so you are getting what you pay for
Most Lenders are not interested in helping with finance for a car that is a bit different. Everyone is an individual and we all want different things. Just because a car is older or has a lot of kilometres or extras on it, if it doesn't fit with what mainstream lenders want you to buy, they won't approve it. Why? Because they don't meet their expectations in regards to 'valuation' or 'age at the end of the loan term'.
Maybe you've found the perfect fitted out Landcruiser or Patrol that is a great truck but doesn't fit most lenders guidelines because its a little old or 'over book'? How about an immaculate HSV that has been stored most of its life and hardly done any kms but is 20 years old? There are hundreds of examples of cars that are perfect, but just not perfect to fit a normal lenders qualifications and therefore pretty hard to get finance on.
We are all car enthusiasts ourselves. We understand cars, their real values and are happy to look at different cars outside lenders run of the mill.
Talk to us, you may just be surprised!
Easy Application - Here's How
Choose a way to apply that suits you best.You can do the whole application over the phone with one of our local staff. The person you apply with is the same person you deal with through the whole loan process - you will even get their direct line, mobile and email address!Fill in a few quick details and we will call you. The person that calls you back will be the same person you deal with through the whole loan process - you will even get their direct line, mobile and email address!
Supply Supporting Documents To Us
We will tell you after your application what documents we need to assess your application. Some of the standard documents are listed below:We usually need your latest 3 months bank statements for your active bank accounts. Why? It is a great way to get a feel for your current financial situation and helps us make a quick assessment of your loan application. You can easily send them to us using this Statement Portal.
Sometimes we will require other documents, if this is the case we will tell you during the application all the documents we require to assess your application and why.
We Assess Your Loan
Once we have all your supporting documents we assess your loan immediately. It usually takes between 2 and 24 hours.
If you're Approved we will call you to advise straight away and also send you an email with a summary of the approval in writing.
If we need more information or we can't help you right now, we will advise why and what can be done to make the outcome positive in the future.
Signing Documents and Funding The Loan
Once an Approval is all finalised we need to sign loan documents with you.
Whilst we can help in some cases by completing these over email we usually like to take the time to sit with you and explain the contracts in full so we can answer any questions you may have.
We can come to you or you can come to our office. Once signed and accepted, the loan funds are transferred to their designated places and your loan is settled.
Astute Motor Finance prides itself on being an honest and reputable Lender and we strictly adhere to all required Government legislation including Responsible Lending Practices (NCCP), Privacy Regulations and Anti Money Laundering.
We have made the loan process as simple as we possibly can and strive to offer good old fashion service and values whilst meeting the stringent regulations put in place to protect consumers. Our aim is to make sure at no point you are left wondering what stage we are up to with your application and that you are fully informed of your applications progress along the way.
We make ourselves available whenever you require during the process and unlike banks or large organisations we don't hide behind call centres and reception desks. You will speak to the same person from start to finish - and even after your loan is complete.
In most cases an application can be fully completed and funded in 24 - 48 hours, however the amount of time taken for the legally required employment and residence checks to be returned to us can cause slight delays - If this is the case we will inform you immediately.
On some occasions if we take your application in the morning we can have it finalised in the same day, if all the required supporting documentation are supplied at the time of application.
Please note: We are not a pay-day or short term lender and only offer loans for terms greater than 12 months and for values greater than $3000.