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  • As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.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.

Small Business Lending

Taxi Plates
One of our panel lenders continues to offer a highly competitive LVR and pricing model for all Taxi Plate funding across NSW. Funding for Taxi Plates is available for Owner Operators, Owner Managers and Passive Investors. Each of the ownership structures may have different documentation requirements. Please email us for further information.

  • $800 Establishment Fee up to $500K
  • Funding for Purchases and Refinances available - cash out not available
  • Up to 60% LVR for approved Metro & Major Regional Locations
  • No Legal Fees
  • No Valuation Fees
  • 10yrs Principal & Interest
  • Low Doc is lending for taxi plates is not available

    Commercial Low Doc

  • We also have one of very few lenders offering a Commercial Low Doc product on our panel.  As with all Low Doc lending in the current market it is recommend that all scenarios are sent to us by email or fax and approved prior to submission of an application.

Applicants must have ABN and GST registered for a minimum of two years

Up to $1.0M Business exposure and $1.50M total exposure

Refinances are limited to approved Australian Deposit Taking institutions

Assist with the purchase of: business premises or tangible business assets - special conditions apply

Up to 60% LVR available on residential and Commercial Real Estate Securities

6 months of Business Trading bank account statements required

Self certifying income declaration

Business Essentials Loan

As from Monday 20th April the interest rate for the Business Essential Loan will reduce 1.20% (variable).

  • Security for the Business Essential Loan can be solely residential property or a mixture of residential, commercial, industrial or taxi plates.
  • For loans secured solely by residential security a term of 25 years applies. For loans secured by a mixture of residential, commercial & industrial security the loan term is 15 years. For loans secured by residential & taxi plates the term of the loan is 10 years.
  • The Business Essential is not available under Low Doc.