Need a new car for your business? Whether you’re self-employed or run your own business, a Loantec low doc car loan could help you get a new vehicle. Without the paperwork and hassle of a standard car loan.
Not sure where to begin? Then talk to the Finance Technicians here at Loantec first. With more than 40 years’ experience in finance and problem-solving, our experienced team can find you the best deal possible.
Simply fill in our quick pre-qualification form and one of our Finance Technicians will be in touch to discuss your factual options.
Grow Your Business With a Low Doc Car Loan
As a business owner, it can be tough to find the time in the day to manage paperwork and apply for finance. Don’t miss out on the chance to grow your business because you’re short on time. Take advantage of Loantec’s low doc car loans to secure the new vehicles you need to take your business to the next level.
Perfect for freelancers, self-employed workers or business owners. As long as you have an ABN and are registered for GST, our low doc car loans can be processed with as little as a signed privacy agreement and identification in some cases!
Let our Finance Technicians solve your car finance needs today. Contact our team, or fill in our pre-qualification form and one of our Finance Technicians will be in touch to discuss how we can help you get finance.
Low Doc Car Loan Options
One of the best things about low doc car loans from Loantec is the great rates and deals that are available. Contrary to popular belief, a low doc car loan doesn’t mean you’ll be paying a higher interest rate.
As with standard secured loans or chattel mortgages, the interest rate and terms and conditions will come down to you and your business situation. If you are a small business that has been operating for a long period, many lenders will be able to offer very competitive rates.
Of course, there are always ways you can improve your situation and get a better rate.
Deposit
A deposit is one of the best ways to reduce your monthly repayments and get a better rate. While not strictly necessary for a low doc car loan, it is true that having a deposit will reduce your total borrowed. And therefore your interest and repayments. On top of that, because you’re borrowing less, lenders will generally be willing to offer a better interest rate.
Use Collateral
Another great option is to use collateral to secure the loan. A car, tools or equipment—if you have something you can use as collateral on the loan you will have a good chance of securing a better deal. Unfortunately, many times this will require proof of ownership, especially for things like a car or motorbike. So you will need to have registration or proof of ownership ready if you want to use this method.
Flexible Repayments & Rates
Whether you’re a small business looking to expand, or a well-established company needing a replacement vehicle, Loantec has plenty of low doc car loan options available. The first step, no matter your situation, is understanding your factual options using our simple pre-qualification form.
From there, our Finance Technicians will work with you to find the best car loan on the market and guide you through the process from application to funds transfer. Contact Loantec to find out your low doc car loan options today.