What is the Complete Process for a Loan?

Complete Process for Securing a Loan

Step 1: Select Your Loan and Submit Documentation
Use our quote tool to choose your preferred loan repayments. Once selected, simply email or upload the following documents:

• Your license
• The last two payslips (for consumer loans)

Step 2: Application Review
I will personally review your application to identify and resolve any potential issues before submission.

Step 3: Submit to Lender
Your application will be submitted to the most suitable lender, ensuring it matches your specific needs.

Step 4: Provide Car Details
Once your loan is approved:

• For dealership purchases: Forward the dealership contract.
• For private sales: Send me the ad link or seller’s contact details.

Step 5: Submit Required Documents
Provide the following:

• A tax invoice from the dealership.
• An inspection report from the seller (typically requested by me for private sales).

Step 6: Obtain Fully Comprehensive Insurance
Before your loan can be finalized, fully comprehensive insurance is required by the finance company. Ensure the policy lists:

• The registration (Rego) or VIN number
• Your name
• The finance company’s details

When obtaining a quote from insurers like AAMI, Youi, or Budget, make sure to select “yes” for the asset being financed and choose our approved lender.

Step 7: Forward Insurance Policy
Once purchased, forward the full policy email to me (screenshots or policy numbers alone are not accepted).

Step 8: Receive and Sign Loan Contracts
I will send you the loan contracts. Most of these can be signed electronically for your convenience.

Step 9: Loan Settlement
After signing, I will upload the contracts to the lender. The lender will settle the loan and pay the seller.

• Some lenders provide payment in real-time, while others may take until the next day.

Step 10: Payment Confirmation
Finally, I will email the remittance advice to the seller as proof of payment, completing the process.