Personal Loan Refinance

Garage Finance works with clients right across Australia, whether you are an individual looking to purchase a personal vehicle, a sole trader needing equipment for your business, or a company looking to grow your fleet. We work with a wide range of people in different financial situations. While we cannot guarantee that every application will be approved, we take the time to understand your circumstances before submitting anything to a lender. That way, we are putting your application forward in the strongest possible way. If you are unsure whether you qualify, the best thing to do is reach out to us for a chat and we can talk through your options together.

The timeline can vary depending on the lender, the type of finance, and how quickly we can gather the information needed from you. In many cases, once we have everything we need, we can submit your application to a lender and receive a response within a business day or two. More complex applications, such as those involving self-employed income or commercial assets, may take a little longer. The key to keeping things moving is making sure we have all your supporting documents ready to go. We will let you know exactly what we need upfront so there are no unnecessary delays. Throughout the process, we keep you updated so you always know where things stand.

Garage Finance specialises in vehicle and asset finance. This can include finance for cars, utes, trucks, motorbikes, caravans, boats, trailers, and business equipment. Whether you are buying new or used, through a dealership or privately, we can look at what options may be available to you. We also assist with business-related finance such as chattel mortgages, commercial hire purchase, and finance leases, depending on what suits your situation. Because every person and every purchase is different, we take the time to talk through what you are buying and why, so we can approach the right lenders with the right type of finance product for your needs.

The documents required will depend on your individual situation and the type of finance you are applying for. For most personal vehicle finance applications, you will typically need to provide proof of identity such as a drivers licence, proof of income such as recent payslips or bank statements, and details about the asset you are purchasing. If you are applying for business finance, we may also need things like business financial statements, tax returns, or an ABN. We will give you a clear list of what is needed once we understand your situation, so you are not left guessing. Gathering these documents early can help speed things along considerably.

This is a question we get asked a lot, and it is a fair one. As a finance broker, Garage Finance is typically paid a commission by the lender when a loan is settled. This means that in many cases, there is no direct fee charged to you as the client for our broking service. However, depending on your individual situation, fees may apply, and we will always be upfront and transparent about any costs before you commit to anything. We believe you should have a clear picture of what you are agreeing to before signing anything. If you have questions about costs, just ask us and we will walk you through it honestly.

Absolutely. Protecting your personal and financial information is something we take seriously. Garage Finance handles your data in accordance with Australian privacy laws, including the Privacy Act 1988. We only share your information with lenders and third parties where it is necessary to process your application, and we do so with your knowledge and consent. We do not sell your information or share it for marketing purposes without your permission. If you have any questions about how we collect, store, or use your information, you are welcome to ask us directly or request a copy of our privacy policy. We want you to feel confident that your information is in safe hands.

When you go directly to your bank, you are only seeing what that one lender has to offer. Garage Finance has access to a panel of lenders, which means we can approach multiple lenders on your behalf and compare what they are willing to offer. This saves you time and means you are not limited to a single set of products or policies. Banks also tend to have rigid criteria, and if your situation does not fit neatly into their box, you may be declined without much explanation. As a broker, we understand how different lenders assess applications, and we can help present your situation in a way that gives you a stronger chance of a positive outcome.

Garage Finance is a finance broker based in Australia. That means we work as the go-between connecting you with lenders who may be able to help fund your next vehicle, equipment, or asset purchase. Rather than you spending hours calling banks and lenders on your own, we do that legwork for you. We look at your situation, talk through what you are trying to achieve, and then approach lenders from our panel to find options that suit your needs. We handle the paperwork, the back-and-forth with lenders, and keep you informed along the way. Our goal is to make the whole process feel manageable and straightforward for you.

Getting started is straightforward. You can reach out to us by phone, email, or through our website, whichever suits you. One of our team members will have an initial conversation with you to understand what you are looking to purchase and what your situation looks like. From there, we will let you know what documents we need and begin looking at which lenders on our panel may be a good fit for you. There is no pressure and no obligation in having that first conversation. We are here to give you the information you need to make an informed decision, and we will support you through every step of the process from start to settlement.

Having credit issues in your history does not automatically mean you cannot access finance. Different lenders have different policies, and some are more willing than others to work with applicants who have had defaults, missed payments, or other credit challenges in the past. At Garage Finance, we take the time to understand your full situation before approaching any lender. We will be honest with you about what we think is realistic based on your circumstances. We do not want to waste your time or damage your credit file by submitting applications that are unlikely to succeed. Our job is to find a path that makes sense for where you are right now.