Important information

Please be aware of the following;

Effective Immediately Tuesday 6th March 2012 Credit License Cancellation Lodged By Us With ASIC

Ability Finance have elected to cease all credit activities covered by ASIC credit licensing for various reasons including but not limited to;

  1. Lender commission cuts over the past few years.
  2. Additional liability, workload and costs arising from National Credit Licensing
  3. Lender minimum volume restrictions which result in smaller brokers not being able to offer all options to customers.
  4. Regularly encountered inexperienced lender staff who are unaware of their own employers policies whose advice wastes both broker and customers time and resources.
  • As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.
  • No information or content contained on this site should be relied on as being current.
  • No content contained within this site should be taken as advice in any way at all.

Should you feel there is any content that should be removed from this site please contact the webmaster.
By any chance you feel specific content is interpreted as offering any credit activities by us it is to be ignored, please report to the webmaster for removal or modification.
If you are legally entitled to engage in credit activities and would like to advertise on this site please contact the webmaster.
If you would like a website developed or even to purchase this site modified to your requirements please contact the webmaster.
Meanwhile we are working hard at creating a one stop shop for purchasing high quality spray painting equipment online including an extensive range of the best spray gun models we are able to offer at discounted prices everyday right across the complete range of available spray gun models. Online spray gun prices with old fashioned personal service levels.

Motor Vehicle Finance

No Financial Statements Required up to $100,000

We have a panel lender still able to offer great rates on motor vehicle finance.

Please see below our information on motor vehicle finance and also some information on the new Investment Allowance scheme:

• Established in Business > 2 years.
• Applicant / Director / Partner must be property owners with sufficient equity (evidence of property ownership to be confirmed).
• 1 x Acceptable Finance Reference greater than 12 months (Mortgage statements will not be accepted).
• Clear & satisfactory CRAA Reports (Telco defaults are no longer acceptable).
• Payments by direct debit only.
• Maximum amount is $100,000 exposure
• Motor vehicle must be purchased from Licensed Dealer (no Private Sale)
• Add 0.50% for Transaction amounts < $20,000 and Terms < 36 months.
• New and used motor vehicles up to 3 years old.
• Documentation and processing fees apply.
• Rate is valid for 7 days from date of issue.
• Negative equity deals not accepted.

All applications are subject to credit approval. The lender reserves the right to request additional information where necessary. Standard terms and residual values or balloon payments to apply. Acceptable products include Lease, CHP & Chattel Mortgage.