Car & Equipment Finance

Buying a car can be an exciting but daunting task as it involves dealing with dealerships or private sellers, negotiating prices, inspecting the vehicle's mechanical history, and more. Adding to the stress are the various loan options available. Engaging a broker can be beneficial as they have access to multiple lenders with varying loan types, rates, and fees. By working with a broker, you can identify and select the best loan option for your purchase, and we will handle the entire process on your behalf.

Taking out a loan to finance a boat or caravan purchase can be an effective way to manage the costs of these significant investments. Lenders typically offer both secured and unsecured loan options for such purchases, each with different policies, interest rates, and fees. It's important to carefully consider the terms of each loan option before making a decision to ensure that you select the option that best fits your needs and financial situation.

If you require a new work vehicle or equipment for your business, financing these items can be highly beneficial in terms of cash flow and tax implications. However, there are numerous financing options available, such as chattel mortgages, short-term loans, residual loans, and more. It's vital to recognize that each lender has different policies and appetites in this area, and comprehending these policies is critical to achieving the best outcome for your business

If you're taking out a car or equipment loan, you may have the option to carve out a portion of the debt and defer it to a lump sum payment at the end of the loan term. This can help manage your cash flow during the loan term by reducing your regular repayment amounts. Once the original loan term ends, you'll have the choice to pay out the residual debt as a lump sum or refinance it for another loan term. It's important to carefully consider your financial situation and future plans when deciding which option is best for you.