Frequently Asked Questions
Not necessarily. We will probably have to ask you a few more questions but being bankrupt doesn’t automatically stop you from getting a loan. We actually have contacts and access to a wide range of financial providers, some of whom specialise in working with people who have gone through bankruptcy.
Yes indeed. In many cases (provided you’re not on a lease), you can exit your loan early. The exit fees are usually quite reasonable, but you would need to get clarification from your Buddii broker to find out exactly how much the fees are for each lender.
A lease is for business use and is 100% tax deductible. If you try to terminate a lease early, you’ll be slugged with some pretty hefty break-lease fees, so make sure you speak to your Buddii broker to make sure a lease is the right choice for you.
The only thing that will show up on your credit file is an enquiry for finance. If you have made more than six enquiries in a 12 month period, this can slow down your application as the financial people involved have to check every application.
That depends! But usually, once your loan is approved and signed, we can settle and pay into the right accounts within 24 hours.
We can provide loans which are suited to new and temporary arrivals. While there are some other guidelines to meet, just being new to the country won’t preclude you from getting finance approved.
We don’t mind! Provided that you’re over 18 and you meet the other conditions of our terms, you’ll be able to be considered for finance.
Yes, you can. We’ll even go a step further and check out the seller to make sure that any amount left owing on the asset is paid out at settlement.
We are financial brokers and specialists in linking you with the right loan product for your needs. We can provide you with a great rate on finance for cars, boats, trucks, equipment, machinery and a lot more. Get in touch to find out more about what we can finance.