To apply for an equipment loan, in most cases you would need to provide the below information/documentation. Although different lenders will have different requirements they will require from the borrower, the below is what most lenders will require you to provide.

• Complete the unified loans enquiry form
• Details of the goods to be financed (or the amount you want to borrow if you haven’t decided yet)
• 2 forms of ID (Usually a license and medicare card)

The above is the minimum requirement, some lenders may ask for more. Feel free to reach out to the Unified Loans team to find out more.

An Equipment Loan can provide you with the funds you need to purchase new or used equipment, without having to put any money or deposit down. Equipment loans can also be used for businesses looking to expand their operations or upgrade their machinery. Taking out a loan for new equipment or machinery can mean you can put those assets to work and start generating additional business revenue. Many customers find that the amount of money they generate far exceeds the costs to repay the equipment loan.

The amount you can borrow for a car loan will depend on your individual financial circumstances. To get an idea of how much you can borrow, we recommend using our car loan calculator which takes into account your car loan repayments, car loan term and car loan interest rate. In theory, there is no “limit” and provided there is the capacity and serviceability to repay the loan and you meet the lending criteria, then we should be able to secure your dream car. Alternatively, feel free to get in touch with one of our representatives to find out more.

The maximum car loan term will differ from lender to lender, but is typically between 5 and 7 years. The car loan term you choose will affect your car loan repayments - the longer the car loan term, the lower your car loan repayments will be but the more interest you end up paying. Our team at Unified Loans is always available to speak to you to discuss all your options for your next car loan to make sure you have all the information before you make your decision.

Yes, you can. At Unified Loans, we can finance any car no matter where you wish to purchase it from. Sometimes you might find a good deal on a car from a private seller and we want to make sure you have the funds ready to go. We will also liaise with the seller and make it as seamless as possible. The car loan process for buying a car from a private seller is different to buying a car from a car yard. We will need to ensure the car is roadworthy and usually we will arrange to have an inspection done to ensure the car is what it seems to be. To know more about the process of buying a private car on finance, get in contact with us today.

The process once approved is super simple! We contact you to send over your loan contract. Once you have read the contract in detail and are happy to proceed, you sign the contract and send it back to our team. Usually the contracts are digital signatures and are paperless, so you can sign on the screen of your smartphone! It is that easy. Generally the funds will be released the same day that you sign your contracts and in some cases you will receive the funds immediately after you sign.

Usually, a car loan application process can take anywhere from a few hours to a few days. The time it takes to get approved for a car loan depends on the lender, the type of car loan, and the borrower's credit history, income and available supporting documents.

Yes you can sell the vehicle at any time throughout the loan term however, you need to be aware that you will need to pay off the loan plus any fees or charges for early termination that a lender may charge. It's always best to speak with your car loan lender beforehand to understand the fees and charges you might be liable to pay. At Unified Loans we have access to many lenders who do not charge any early termination fees. If your intention is to sell the car before the loan term ends please let us know so we can factor this in when selecting the best loan for you.

In most cases, the equipment loan will be secured/backed by the asset that you are financing. For example, if you took out a loan for a new excavator then that excavator will be held as security by the finance company until the excavator is paid off, however, we do have products available such as the equipment line of credit which does not necessarily need to take security over the equipment purchased. For more information, talk to one of our small business lending specialists.

What are the different types of equipment finance?

Choosing Unified Loans as your finance broker ensures:

• Access to multiple lenders: We work with a wide network of lenders, offering various home loan options.
• Personalised service: We tailor our services to your unique financial circumstances, ensuring you get the best loan terms.
• Expert advice: Our experienced brokers provide professional guidance throughout the home loan process.
• Convenience: We handle all the paperwork and negotiations, saving you time and stress.