- By admin
- In Bee Savvy - Getting the most out of your loan, Business matters - Loans for business owners, Motoring matters - The workings of vehicle finance
At Bee Finance Savvy, we often have customers who have, or are about to start a new business. Many businesses require a vehicle for deliveries, pick ups and other purposes. Few people have the cash to purchase a business vehicle in these early stages. So, naturally, they turn to vehicle finance.
This is where things can get a little bit tricky. Obviously, a new business, or a business that hasn’t actually started yet won’t have tax returns and other lengthy financials. This therefore makes it harder to get a car loan.
How Bee Finance Savvy helps new business get vehicle finance
It’s important that any application for a car loan or vehicle finance be presented correctly – and to the right lender.
At Bee Finance Savvy, we have a panel of more than 30 different lenders. We also have up to date, and comprehensive knowledge of various lender policies. These factors allow us to choose the lenders most suitable for our clients and their needs. It also means that we are able to present our clients information correctly, to be best facilitate an approval.
When you aren’t sure where to get vehicle finance for a new business, what interest rates are available or how much you could borrow, it can be tempting to put in multiple applications to find what your options are.
However, this will backfire. Multiple applications are damaging to your credit file. This is especially true if the applications are within a short space of time, and even applies if you don’t actually take out the finance you applied for. Unfortunately these marks against your credit file can result in your being declined for the finance you actually want.
Our process at Bee Finance Savvy avoids this risk. We carefully assess your situation and determine which lenders suit your circumstances. We use our access to lender calculators to work out which lenders are most likely to approve your application. All of this is done before placing an application. We therefore minimize the chance of the application being declined. It also avoids unnecessary marks on your credit file.
Getting in touch
If you’ve recently started a new business, or are going to start one soon, and want vehicle finance, we can help. Get in touch with our friendly Bee Finance Savvy broker Desiree. Desiree is based in the Sutherland Shire area, but also helps customers Australia wide.
To get in touch call or text Desiree on 0455 131 937 or 1300 140 554. You can also email her at firstname.lastname@example.org
If you’d like to hear about how Desiree has helped other customers achieve their goals, you might like to read our WOMO reviews at https://www.wordofmouth.com.au/reviews/bee-finance-savvy-miranda