Recently we helped a client with a reasonably new business, to obtain vehicle finance for their business after an extended overseas trip and a resulting large gap in their income.
Many business owners enjoy the freedom a low doc vehicle loan offers them. We have worked with many businesses whom require multiple low doc vehicle loans, either due to expansion of their activities, or for their employees and multiple business partners.
If you have been unfortunate enough to have gone through a bankruptcy in the past, you may think it is near impossible to obtain finance to purchase a car. Thankfully this is not always the case.
If your employer has asked you to sub contract, and you are now deemed as newly self-employed, it can prove challenging to obtain finance for a vehicle.
In this situation, it is imperative that your application is presented in a specific format to give you the best chance of approval.
If you are starting your own business in transport, logistics, courier services or construction and need to finance a truck or van, you may have some problems at your local bank, particularly with regard used or aged vehicles.
We have several happy customers whom have recently started new jobs and were looking to obtain vehicle finance. Usually there is a 3 – 6 month time in job requirement before being eligible to obtain vehicle finance.
