A secured loan gives you a range of options that can be tailored to meet your needs.
Repayments in most cases can be made weekly, fortnightly or monthly with the loan term being as short as 12 months to as long as 7 years. There also may be the option to have a balloon (residual payment) or own it outright at the end of the term, giving you the flexibility of a larger borrowing amount for a smaller repayment.
A personal loan is best suited to employees or those earning a PAYG income.
Also known as a consumer loan, you’ll borrow the money from the lender who will hold security over your purchase. This can be an advantage to you as you’ll often get a much lower interest rate than an unsecured personal loan. We will help you secure the best finance for either a secured or unsecured loan product no matter what type of car you are buying.
Are you needing a new car or replacing an existing vehicle under finance? Have the banks said NO?
Talk to one of our car loan experts today about the benefits of a no-doc loan and how Valor can help to get you get pre-approved fast – with the minimum level of fuss. We can help even if your business:
- Does Not Have Tax Returns
- Don’t Have A Deposit
- No Previous Business Lending Or Business Car Loan History
- Buying The Vehicle Privately Or From A Dealer