Need a car loan fast?
We offer loans for consumer and business purposes. Fast turnaround approval process and pre-approvals issued for up to 90 days if you haven’t found the car!
We can help you with:
- Consumer motor vehicle loans
- Business equipment and asset finance loans
- Low document loans for the self employed
- Best Quotes to suit your circumstances
How we help our clients?
At eLEND Finance we assist our clients though providing innovative finance solutions. We can work with you to structure the ideal finance for your individual needs so you can rest assured you end up with a loan that fits your budget and with your preferred features.
We provide finance from a wide range of lenders.
As soon as we speak to you and find out your needs and goals, we go to work for you, shopping around for the best quotes to suit your circumstances to make sure you get a good deal, saving you time, money, and a whole lot of energy so you can focus on the finding the right car. Once you have decided on your loan from a wide range of options, we will get your application ready for lodgement, gather all the supporting documents from you collate them, and send them to the lender.
Whilst you’re searching for your car, we will keep working behind the scenes ensuring your pre-approval is being processed in a timely manner and help expedite the loan process. Once the loan is approved we take care of the loan documents, helping you to understand the fine print and execute them so settlement can take effect.
Need help finding the car?
We can help there too, with our complimentary car buying service, we can have one of our partners help source you the car. Just let us know the specifics and our car finders will source a number of ideal cars for you to review, again saving you time and energy.
What are my loan options?
We offer car loans from 12-84 months for new and used vehicles with repayment options, such as direct debit, BPay, and payments can be made in advance or arrears. Need to preserve cash flow? Why not consider a balloon payment, more commonly associated with business products but also available on some consumer loans? When we discuss your needs and objectives, we will help you decide if a balloon payment is right for you.
Who is eligible?
- Australian permanent residents over 18 years and have a regular income or are currently employed.
- Have a current driver’s license issued by the relevant authority in Australia
- Be able to demonstrate good credit worthiness, in some cases late payments and defaults are accepted.
- Be free from Bankruptcy for the last 7 years.
How long does it take to get pre-approval?
For loans up to $150,000, you are likely to receive pre-approval normally within 1 to 3 business days.
How long is a Pre-approval valid for?
Normally up to 90 days, but varies from lender to lender.
What’s the oldest used vehicle I can buy and finance?
We offer loans for new and used vehicles that are no older than 20 years at end of loan contract. Therefore if you purchase a 2009 (if the asset is 12 years old), model vehicle, you could request the maximum loan term of 7 years.
Can I buy a car Privately?
Yes. We’ll require inspection of the vehicle through an approved inspection method, which can be conducted remotely, on sight or through an approved inspection agent.
Do I need to pay a deposit?
Depending on your application and credit history, you may be required to put up a deposit but in most cases a deposit is not necessary.
What we will need to know
- Do you own a property?
- Do you know the asset you wish to finance?
- Are you looking for a pre-approval while you’re shopping around?
- Are you planning to purchase a new or used vehicle?
- Are you planning to put down a deposit?
- Is there a trade in?
Speak to us or send us an email message to find out more.