Fast Car &
Equipment Finance
When looking to borrow up to $250,000 for your vehicle, asset & equipment needs, we have access to lenders who offer same day approvals. For ABN holders & business owners, we offer many streamlined & ‘low-doc’ solutions which don’t require full financials.
With flexible loan structures and competitive terms to match, finance repayments can be tailored to suit your cashflow, allowing you to keep more of your own money to put towards other things.
Talk to us before you buy. We can generally get you pre-approved within 24-48 hours, allowing you to go shopping with the confidence of knowing your finance is ready to go!
Business Vehicle Finance
(Chattel Mortgage)
When it comes to car finance for business owners, sole traders and other ABN holders, a chattel mortgage is a popular option. Whilst the terminology can differ between lenders (car loan, equipment loan, goods loan etc.), the structure is the generally the same. The vehicle is used as security for the loan, and your rate/repayments are fixed for the duration of the loan term. You also have the option of reducing your monthly repayments by setting a final/lump sum repayment (residual or balloon repayment) allowing you to easily budget repayments in line with your cashflow.
We have many competitive options available which require minimal paperwork (‘low doc’) & can provide ultra-fast approvals. We can also provide ‘fleet-finance’ options, allowing your business the flexibility to purchase multiple vehicles over time without the need to re-apply.
Consumer Car Loans
Also known as a secured car loan, consumer car loans are for those who use their vehicle predominantly for personal use, such as clients with salaried or PAYG employment. Your car is used as security for the loan which in turn, generally provides you with a lower interest rate than if your loan was unsecured (such as a personal loan).
Most lenders will conduct a full serviceability assessment with these types of loans, so it’s important to understand your borrowing capacity and credit history prior to applying. We‘ll help you find the most competitive options available depending on your circumstances and can pre-qualify you without affecting your credit score, ensuring your application has the highest chance of success when we submit for approval.
Truck & Trailer Finance
When you’re in the business of moving, we’ll help make sure you keep moving! We can help you with truck finance for all types of transport vehicles such as prime movers, pantechs, refrigerated goods vehicles, vans, utes, curtainsiders, trailers, and more.
With much the same requirements as a chattel mortgage product, we can help you access finance with minimal documentation & fast approval times, especially when you’ve operated your business for more than 2 years.
Plant & Equipment Finance
From excavators to earthmovers, medical equipment to manufacturing machinery, and more, Credited Finance has an equipment finance solution to suit.
Whether you’re thinking of buying (or leasing) new or second-hand plant & equipment, you don’t need to access your business’ cash reserves to invest in depreciating assets. We’ll work closely with your accountant to structure your finance, ensuring your new equipment remains tax effective whilst helping your business grow and prosper.