Car loans for ABN holders are available at LendEasy. Redheaded girl stands next to a new car.

Car Loans for ABN Holders – How to get your money

Avatar Steve Becker
Steve Becker is the Founder and CEO of LendEasy, a premier independent finance brokerage dedicated to helping working professionals and families secure optimal financial solutions. With over 15 years of experience, Steve and his certified team have been committed to supporting everyday Australians in achieving their financial goals through expert guidance and personalised service.

This is your chance to make a great deal!

LendEasy can help you buy your new vehicle with an affordable loan budget and get you behind the wheel. We’re here to help car loans for ABN holders an easier thing to achieve, finding a better vehicle loan that meets your specific needs.

You want a good car that fits your budget, but getting that money into your account can be tricky. When making a purchase, you have to start with your available funds. Look at your account, the accounts of anyone willing to help you with the purchase, and your income. Add it all up and then calculate 20 percent of the total. That’s what you can spend on a car or use for car loan payments.

If you have an Australian Business Number or ABN, your process is a bit different. Car loans for ABN holders are available, but there are a few things you need to know.

Roadblocks to car loans for ABN holders

First, be aware that lenders are usually resistant to credit applications from self-employed or ABN holders. Most lenders worry about self-employed people’s financial security. Can you be certain about your profits next year? In the next five years? That uncertainty about your income can make lenders hesitant to hand out car loans to ABN holders.

Some banks or loan officers may see you as a big risk thanks to any fluctuating income. As a sole trader, you lack the structure of a traditional business. Some might suggest that you create a corporation or partnership to make you a more viable candidate for a loan.

Car loans for ABN holders aren’t impossible, but they can be a challege. They might be able to compensate for the risk of making excessive charge interest. 

It will not prevent casual workers from acquiring a loan. It will be necessary for you to get additional proof to reimburse it. 

“A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.” 

-Warren Buffet

Car loans for ABN holders are possible, but they come with some challenges. Lendeasy can help.

How would you qualify for a car loan for ABN holders?

Choose your financial institution carefully; some sole owners cannot meet the requirements of banks’ borrowers. We’ll find a specialized lender who matches your qualifications. 

  • You can get a car loan if you’re between the ages of 18 and 75.
  • Set your ABN to allow you to meet specific requirements in the loan approval process.
  • You have Australian citizenship as a result of your permanent residency and eligibility for a visa.
  • Meet basic standards.
  • Maintain a consistent flow of funds;
  • Maintain a good credit rating by keeping track of your tax returns;
  • Demonstrate a strong saving track record as well as the long-term viability of your business.

LendEasy helps get you on the road to a smooth ride with your new vehicle. 

As your financial broker, we can help you come up with strategic solutions and get you a car loan for ABN holders. 

Our service provides you with special rates that you’ll never find anywhere else.

LendEasy is a leading independent finance broker with a wealth of expertise to help working professionals and families get the best finance solution for their future. 

“Nothing is more expensive than a missed opportunity.” 

-H. Jackson Brown

How does it work?

LendEasy offers a free online consultation, as well as the ability to sign, receive, and transfer papers electronically. You can contact us either by phone or through our website. 

“Opportunities don’t happen. You create them.” 

– Chris Grosser

We’ll give you a thorough consultation to better understand your wants and situation and help you choose the ideal car for you. 

We made things easier by lowering the amount of time and effort required. It won’t take your attention away from your busy schedule. It’s free, but it’s a beautiful place to start if you’re looking for great deals!

We’ll come up with a solution that works for you! We’ll give you a checklist to assist you in making informed decisions based on our vast network of lending partners, as well as our knowledge and decades of experience. 

LendEasy will provide you with ongoing assistance. We can assist you in obtaining a loan for a used or new vehicle up to 15 years old, purchased via a dealer or through a private sale via a friend or family member.

Car loans for ABN holders are available from $5,000 and upwards. You can stay in control with fixed interest rates, and we’ll work with you to include the option of making additional repayments to reduce the loan faster. Car loan terms generally range from 2–7 years. 

We’ll help with providing secured and unsecured car loan options suited to your needs. Keep in mind that secured car loans generally have a lower interest rate. There’s a loan choice for you among our many lending partners, with the flexibility of loan features.

Don’t be upset about your working status. 

We will make use of your decent income from your casual work/self-employment. The team will guarantee that you have the best possibility of getting car financing. 

How can LendEasy help with car loans for ABN holders?

The team will work with you to gather legal documents to determine your loan. 

LendEasy wants to remove the technical hassle for our customers. There’s always a way to pursue desire and passion. 

We will take care of everything for you. 

We want our customers’ paperwork to be orderly. And amidst the pandemic creating a comfortable life for your family is necessary. 

LendEasy helps provide the ideal car loan that matches the car you want. You’ll get the automobile you want on your terms, and you’ll have peace of mind, and then you can enjoy your vehicle at ease. 

Our goal is to establish a valuable relationship with our clients and deliver professionalism in our services. Freeing up your time will lead to a progressive improvement that will benefit your daily life. 

We’re looking forward to hearing from you. 

To learn more about how we can help you expand, book a free discovery call.

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