Frequently asked questions & answers
Car finance could generically be described as when a vehicle finance company lends you the money to buy an automotive asset that they can hold security over for the duration of the loan or until your fully repay the loan. Car finance can be used for personal use (a consumer car loan) or commercial use (business vehicle loan).
Debtor Finance is also known as invoice discounting; invoice factoring; partnership factoring; disclosed invoice discounting and undisclosed invoice discounting. It allows companies and businesses to borrow funds by using their outstanding invoices as collateral. To discuss debtor finance options today, speak to us or enquire here.
Franchise finance is the term used to describe the various funding options and financial solutions that are offered to people or businesses looking to buy a franchise. Aspiring franchisees can use it to help them raise the money they need to launch or grow their business. Fox Finance Group is accredited with several different commercial lenders to ensure they have the best tailored lending solution for your next franchise opportunity. Call a lending specialist today on 1300 665 906, or enquire online.
Invoice funding is also known as debtor finance, invoice discounting; invoice factoring; partnership factoring; disclosed invoice discounting and undisclosed invoice discounting. It allows companies and businesses to borrow funds by using their outstanding invoices as collateral. To discuss invoice funding options today, speak to us or enquire here.
The primary difference between a hire purchase and chattel mortgage is who takes ownership of the vehicle. Your financier “owns” the truck in a hire purchase, whereas ownership passes to you in a chattel mortgage. Always refer to your accountant or financial advisor about which option is best for your individual business structure. If you’d like some information on the best way to structure your chattel mortgage, we’d love to help – give us a call on 1300 665 906 today, it’s obligation free!
Our initial home loan enquiry form takes about 1 minute to complete.
Next, our Home Lending Specialists will connect with you within 1-2 hours of submitting your obligation-free online enquiry (Monday to Friday).
Once we receive your supporting documents, your dedicated Home Lending Specialist will submit your loan application to the best home loan financier suited for veterinarians for pre-approval, which can be confirmed in as little as 2 hours. However this can be dependent on several factors:
Ensuring all required information is supplied the lender on application
Dealing with a lender’s turnaround time (lead time)
The responsiveness of the applicant to answers the lender’s questions (if any)
The applicant’s credit history and banking conduct will also determine how fast a pre-approval is confirmed.
Depending on the price of the boat, and the nature its use:
Speak with a Boat Loan Specialist to explore your options, we can help you find the Best Loan Terms & Interest Rates for Boats $10,000 to $250,000+. We can also help you source the best same day boat loan pre-approval for your specific needs and circumstances. Call us on 1300 665 906 or apply online now – its obligation free.
Nurses are often eligible for loan products that may not be accessible to individuals outside of the health industry. Banks and lenders perceive the nursing profession as trustworthy and reputable, making them more inclined to favor clients employed in this field. Typically, lenders prefer to see a minimum of six months of employment in a nursing role. However, some lenders may consider shorter employment periods if you have a history of trusted industry continuity or can provide collateral for the loan. As every situation is unique, it is advisable to consult with a lending specialist to discuss your specific application or make an enquiry here. Alternatively, you can call us on 1300 665 906.
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The process to apply for a business loan is very similar to a consumer loan application. Give us some simple details about your enquiry, or speak to a lending specialist to discuss your requirements. There are different documents needed for certain business loan applications. Your designated lending specialist will walk you through what documents are required based on your individual business loan enquiry.
