Frequently asked questions & answers
Yes! Franchise finance can be obtained to purchase both new and existing franchise opportunities. The franchise finance approval will be dependent upon several different factors including the franchise brand’s reputation, the profitability of the industry and the current financial position of the franchise considered. Documentation will be required to prove the stability of the franchise, and its long term financial history. Our lending specialists are professionals in franchise finance, and will be able to discuss tailored lending solutions best suited to your next franchise opportunity. Call us today on 1300 665 906, or enquire here.
Yes! If your parents have a property(s), we can potentially leverage the equity in those properties as part of your deposit toward 100% Lending. With a parent assisted home loan, you may be able to borrow up to 100% of the purchase price plus costs and your parents can have the opportunity to make a return on this investment.
In most instances, yes. Generally, if the home loan equity release amount is less than $100,000, the lender will not require proof of what the funds are to be utilised for. A client will have to declare the purpose of their intentions when obtaining a home loan equity release, however rarely needs to provide documentation for those expenditures or purchases. This can be handy if clients plan to use the funds on several different costs including renovations, asset purchases, or other investments.
Yes! Self-employed chiropractors are eligible for car loans, just like any other self-employed client. Chiropractors are likely to have a higher eligibility when it comes to being assessed for car finance, due to their career in a reputable industry. Permitted that financial verification can be complete (providing self-employed documentation and a valid ABN), our lending specialists will be able to arrange your pre-approval in as little as one business day. Discuss a chiropractor car finance application with us today, or enter some details online.
Yes! Self-employed dentists are eligible for car loans, just like any other self-employed client. Dentists are likely to have a higher eligibility when it comes to being assessed for car finance, due to their career in a reputable industry. Permitted that financial verification can be complete (providing self-employed documentation and a valid ABN), our lending specialists will be able to arrange your pre-approval in as little as one business day. Discuss a dentist car finance application with us today, or enter some details online.
Yes! Our lending specialists are professionals when it comes to car finance for self-employed physiotherapists. If you are working as a self-employed physiotherapist, you may have to provide financial verification documentation such as a tax return or BAS statement. This is no different to any other self-employed loan application. Your designated lending specialist will be able to discuss what’s required for your car loan application to ensure you get the best finance deal on the market as a physiotherapist. Speak to us about your options, or let us call you.
Yes – the land purchase can be included for a commercial construction. There’s usually a fixed contract in place (one contract for Land & Build)
Don’t stress, we can help. For this reason, we have built relationships with and have access to 50+ lenders, including all the big banks and niche new to industry lenders. Each of these lender’s policies and guidelines vary significantly, which is good news for you because if you don’t fit one or more bike lender’s criteria, it does not mean another lender from our panel won’t welcome your bike finance preapproval application. This is just one reason why it pays to have one of our Motorcycle Lending Specialists in your corner fighting for the very best bike finance preapproval for you.
We sure can! Fox Finance Group is an accredited insurance broker, our Jet Ski Lending Specialists can help with jet ski finance and jet ski insurance. Learn more about the benefits of using Fox Finance Lending Specialist.
Possibly. If your Loan-to-Value ratio (LVR) is low enough, you may be able to release enough equity to use as a deposit on an investment property. Contact our Home Loan Specialists or apply now – its obligation free to discover your property investment options.
