Motor Vehicle Finance

Stay one step ahead with the latest vehicles.

GM Loan Services specialize in motor vehicle finance where you are unable to produce tax returns or financial statements.

From a car worth $10,000 to $250,000 or more, we can help your business acquire the essential equipment it needs to grow and prosper.
We specialize in leasing for the professional and small business sectors, and typically finance the following types of new and used vehicles.

Features and benefits of GM vehicle loans:

• Used to purchase new and used motor vehicles from $5000 to $150,000.
• Flexible terms from 12-60 months.
• A single easy monthly payment.
• Fixed interest rate for the term of the loan.
• Flexible structures are available with deposits and balloon payments.
• Can be used for dealer and private purchases.

Rates and fees:

• Annual interest rates are quoted at the time of application.
• Once off establishment fee at the time of approval.
• Low monthly service fee.

Financing that Suits You

Commercial hire purchase:

Hire and use the asset until you make your last payment and then the asset title is transferred to your name.
Suitable for motor less than nine years old, and certain types of equipment.
Terms available from 12 to 60 months.

Chattel mortgage:

You own the asset from the start of the agreement, with a loan term secured by the asset of 12 to 60 months.
Balloon values can be structured to be made at the end of the period or the transaction can be fully amortized.

Finance lease:

Finance leases are structured in line with Australian Tax Office guidelines.
All asset types can be financed, again for periods between 12 and 60 months.

PROPERTY OWNER:

• Motor vehicle or light commercial (no tax returns).
• Passenger cars or commercial vehicles up to three tonnes.
• Maximum loan amount (including brokerage) $70,000.
• New and used vehicles up to four years old.
• Supplied via a licensed dealership (no private sales).
• ABN held for a minimum of 24 months by applicant.
• Verified property owner with minimum $100,000 equity.
• Satisfactory Veda report on applicant and/or guarantors.
• Standard rates, terms and residuals/balloons to apply.

NON PROPERTY OWNER:

• Passenger cars or commercial vehicles up to three tonnes.
• Maximum loan amount (including brokerage) of $70,000 after deposit.
• Minimum 30 percent deposit require on all loans.
• New and used vehicles up to four years old.
• Supplied via a licensed dealership (no private sales).
• ABN held for a minimum of 24 months by applicant.
• Satisfactory VEDA report on applicant and/or guarantors.
• Standard rates, terms and residuals, balloons to apply.