101 For you

Who are Finance101

Finance101 are a team of finance brokers working to get you and your family the best deal!

Who are your lenders?

We deal with a panel of over 60 established and trusted financiers to ensure that we have a range of products to meet our clients needs.

Who are your insurers?

We deal with Australia’s leading insurance companies giving you the ability to protect yourself or the asset you are purchasing against any unexpected events.

Who is eligible for a loan?

You must be an Australian citizen or permanent resident over the age of 18. Different lenders have different eligbility criteria – get in touch and we’ll see if we can assist!

Who is the greatest band of all time?

Depends on who you ask – in our office it ranges from The Beatles, to Motley Crue to Eminem!

What is the difference between secured and unsecured?

A secured loan is a loan using an asset as security on the loan. Securing an asset gives a lender more confidence in the application, which generally results in a lower interest rate. An unsecured loan is one that doesn’t have an asset secured against it, generally personal loans or cash flow funding.

What is the difference between consumer and business loans?

A consumer loan is a loan for a ‘natural person’ – meaning not a business – and the asset will be used for private use in most instances. A business or commercial loan is offered where the asset is going to be used predominantly for business or investment purposes. There can be tax advantages for business loans for customers who are self employed. Call us today to discuss what might be the most suitable option for you.

What type of loans can you help me with

Any of them pretty much – just no mortgages (just yet).

What can I finance?

Whatever you want. If you’re purchasing a 1927 Ford Model T, an Apache helicopter, a environmentally friendly electric scooter, a photocopier for your business, we can help with it all! There isn’t much we cannot do.

What information do I need to give you?

Generally we’ll require a few years worth of residential and employment history and some details in regards to your assets and liabilities, income and expenses. Nothing too major – we don’t need your blood type or the colour of your underwear.

What if I am self employed?

Yep, we can do that as well! Are you the 1% of businesses that have all of their tax stuff up to date, or like the majority and don’t have your paperwork in order (blame the accountant) – we can look after you either way. If you’re a start up business, or you’ve been running for 25+ years or anything in between, Finance101 will be able to help.

What if I don’t have financials for my business?

See the point above. We have a range of products available (often called a low-doc or no-doc loan) for businesses that don’t have their financials sorted.

What happens after my loan is approved?

Let’s go shopping! This is the fun part. If you need assistance with sourcing a vehicle or asset, let us know, we know people who know people.

What happens if you cannot help me?

Sorry, we did our best. We will always give you a helping hand as to what the issue/s were and what steps you can take to try and sort them out. In most instances, finding out if we can help will have no impact on your credit file so what have you got to lose?

What Impact will this have on my credit score?

Generally, very little. Our team of specialists will ensure that before any formal enquiry is made on your credit file that your application is thoroughly reviewed to ensure it meets our lender guidelines. If you would like more information on what will happen with your credit file when dealing with us, please give us a call and we can give you the ins and outs.

What is the meaning of life?

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Why use Finance101?

We are a team of real people (I know right?) working for you to provide a quick and easy service you can count on. We’re a one stop shop for all of your finance and insurance needs, with lenders you can trust offering low rates, all the while protecting your privacy, your credit score and your bank balance.

Why is it important to get pre-approved?

Heck yeah! Having a pre-approval in place will help with your bargaining power as well as ensuring that you don’t miss out on what you have your heart set on. It will also assist in setting a clear budget so you don’t get in over your head. Pre-approvals also ensure peace of mind knowing the approval is in place for ordering assets that may take some time to get to you.

Why is the sky blue?

Gases and particles in Earth’s atmosphere scatter sunlight in all directions. Blue light is scattered more than other colours because it travels as shorter, smaller waves – hence the blue sky.

When will I know if I’m approved?

Generally within 24 hours, depending on the complexity of your application. But don’t worry; we’ll give you a call the second we know and you’ll be updated all the way throughout the process!

When will I get the money?

You won’t always. With secured loans the funds get paid directly to the supplier. With unsecured loans we can have the money in your account as quickly as the same day as your approval.

When can I get in touch with you?

Business hours for us are Monday-Friday 8am-6pm, with after hours and Saturday’s available by appointment (we’re still here for you after 4pm unlike the banks!)

When can I get in touch with you?

Business hours for us are Monday-Friday 8am-6pm, with after hours and Saturday’s available by appointment (we’re still here for you after 4pm unlike the banks!)

When you say nothing at all?

We’ll just call Ronan Keating.

Where are you based?

Physically – Suite 1.02/371 Macarthur Avenue, Hamilton, QLD 4007, just north of the Brisbane CBD. You’ll see a big sign on the building to let you know you’re in the right spot. Spiritually however, we like to think we’re in the hearts of the people we’ve helped along the way.

Where can I live to get a loan with Finance101?

Straya mate (and only Australia sorry).

Where can I buy from?

Dealers, private sellers, auction houses, online or even refinance an existing loan that isn’t suitable.

Where do babies come from?

We’ll leave that one to your parents…

How long will the finance process take?

An application phone call can take as little as 10 minutes. An approval can take as little as an hour. A settlement can occur on the same day as an approval. A standard turn around from approval to settlement is a couple of days.

How much can I borrow?

It depends on your personal cicumstances, but our team of friendly brokers will be able to assist you to find out.

How long can I take the loan over?

Loan terms vary from lender to lender; most lenders offer between 12 months and 7 years.

How can you help if I’m paying a high interest rate on my current loan?

Finance101 are a team of finance brokers working to get you and your family the best deal!We have a range of lenders with the ability to refinance loans mid-term, to either improve your interest rate, restructure the term of the loan to make it more suitable or for any worthwhile purpose.

How much wood can a woodchuck chuck?

A woodchuck would chuck as much wood as a woodchuck could chuck if a woodchuck could chuck wood.

You may be asking yourself

WHAT SECURED FINANCE PRODUCTS DO WE OFFER?

There’s really not much we can’t finance

Car Finance

Cars/4×4/Utes/SUVs/People Movers and more

Get my rate

Motorbike Loans

Motorbikes/Scooters/3 Wheelers and more

Find my lender of best fit

Caravan Finance

Caravans of all shapes and sizes

Get started

Camper Trailer Loans

Camper trailers for you outdoor lovers

Get in touch

Motorhome Loans

Your home away from home for those longer journeys

Get in touch

Horse Float Loans

No horsing around here, we can help you find the perfect fit

Enquire today

Boat Finance

Set sail or jet off into open waters with our boat loans

Call us today on 1800 346 101

Jetski Loans

Love the water and have a need for speed?

Get started!

Aircraft Loans

Let us help you fly into a great rate with Finance101

Enquire today

Truck Loans

Get your business moving with a low rate truck loan

Enquire today

Trailer Finance

Trailers of all sizes and purposes

Call us today on 1800 346 101

Equipment Loans

Grow your business with our great rates on equipment loans

Get started!

Yellow Goods Loans

Expand or replace your yellow goods with a low rate loan

See what others experienced

Green Goods Loans

Do the right thing by the environment and save!

Enquire today

Personal Loans

Purchase what you need, when you need it

Call us today on 1800 346 101

Curious to find out more?

Enquire Today

      EXCELLENT  
   Based on 1061 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Mark RIPPIN 
 
 
 
 Trustindex verifies that the original source of the review is Google. Keenan was great to deal with and the whole process was easy.
  
 
      Posted on Google  
   
   Haley Jones 
 
 
 
 Trustindex verifies that the original source of the review is Google. Exceptional service. Great to deal with, amazing communication and advice. Huge shout out to Kristen who was amazing through the whole process!
  
 
      Posted on Google  
   
   Alana Marie 
 
 
 
 Trustindex verifies that the original source of the review is Google. Keenan was awesome to deal with.  Top notch communication and a very smooth process from start to finish.  Loving my new ride.  Thank you so much!
  
 
      Posted on Google  
   
   Mark Houston 
 
 
 
 Trustindex verifies that the original source of the review is Google. Just want to thank the Finance 101 team and especially Kristen Marshall.   Wish I had of known about Finance 101 sooner.   Highly recommend.
  
 
      Posted on Google  
   
   Rebecca McGann 
 
 
 
 Trustindex verifies that the original source of the review is Google. Kristen was amazing to deal with. She was efficient and always kept me updated. Definitely recommend 😀
  
 
      Posted on Google  
   
   Mitch Whyman 
 
 
 
 Trustindex verifies that the original source of the review is Google. After countless attempts, what a breath of fresh air, to get in touch with Alex. His empathy to explain in detail & support the process with real facts. Alex has an overall calming confident manner; towards finally getting a positive resolution. Excellant Service. Thank You.
  
 
      Posted on Google  
   
   Jack 
 
 
 
 Trustindex verifies that the original source of the review is Google. Jake’s a legend
  
 
      Posted on Google  
   
   Coral Howard 
 
 
 
 Trustindex verifies that the original source of the review is Google. Highly recommend Finance101 the process was done quickly and efficiently with Alex being in contact with me throughout the whole process even with the difficulty he dealt with from the dealership I went through.
  
 
      Posted on Google  
   
   Kylie Vidal 
 
 
 
 Trustindex verifies that the original source of the review is Google. So fast and simple. Less than 24 hours! Mark was excellent to deal with.

You may be asking yourself

WHAT UNSECURED LOAN PRODUCTS DO WE OFFER?

There’s really not much we can’t finance

Personal Loans

Get my rate

Debt Consolidation

Find my lender of best fit

Weddings

Renovations

Medical Loans

Holidays

Cashflow Funding

Call us today on 1800 346 101

Vehicle Loans

Get started!

Curious to find out more?

Enquire Today

Insurance Products

Comprehensive insurance is insurance that covers the asset you are purchasing for damage or loss. The damage or loss can be things like an accident, vandalism to your asset, weather events, theft or similar. This insurance is the only mandatory insurance that you must take out on a secured loan. Speak to your broker to see if we can save you some money on your quote, or even insurance quotes for any other assets you own.

GAP Cover or shortfall insurance is insurance that is designed to cover any shortfall between what you owe on your loan and what your comprehensive insurer pays you out in the event of a total loss (theft, written off vehicle etc.). For example, you borrowed $30000 for your brand new car and two years later it is declared a total loss. You may still owe $25000 on the car, and your insurer is only going to pay you $20000. If you didn’t have shortfall insurance, you would be liable for the $5000 difference. If you have shortfall insurance then the insurer would cover the difference, and in most instances, will also contribute some further cover for other costs that you may incur (car hire, insurance excess etc). Basically, if your vehicle is written off, your loan is too!

Return to invoice insurance is similar to GAP Cover/Shortfall insurance, but can more suitable for clients contributing large deposits or trading in a current vehicle towards a financed asset. In the event of a total loss, if your comprehensive insurer pays you out less than what you paid for the asset, this insurance can top you up back to the purchase price. It protects the equity that you have contributed towards the vehicle.