101 for you

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.

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.

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

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.

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.

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, Finance 101 will be able to help.

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.

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.

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?

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.

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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.

Straya mate (and only Australia sorry).

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

We’ll leave that one to your parents.

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.

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

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

Finance 101 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.

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