??!
1 photo
Finlease

40 questions from our users

Mai B.

Mai B.asked

Hi, I was wondering if you could help me or at least point me in the right direction. Currently, my situation is as follows:
- I have recently acquired an ABN as a sole trader
-my weekly income can fluctuate anywhere between $300-$3000 per week.
-I am also in the middle of starting a company separate from my current work.
-I am in need of a vehicle amongst other things

My biggest concern is the two defaults on my personal credit file from a couple of years ago. I was unexpectedly made redundant and had no income for a few months.

What are my options when it comes to getting a vehicle? Would I be eligible for a loan/chattel mortgage or a lease agreement considering my circumstances or am I best to sign up for a no credit check rent to own deal?

Thanks for your help.

1 answer
Finlease
Finlease M.Finlease

Hi Mai, thanks for your question. I think it best one of our team members have a chat with you to see if there are any options & if we can assist.

Can you let us know what state and area you are located as well as your best contact number or email address and I will have a local team member contact you

Thanks

Mark

Paul Davis

Paul Davisasked

Can I use equity in my house to secure a business loan being 60% of purchase price.
I am looking to purchase a marine Charter boat business for around the $200,000 mark. ie Borrow $120,000

Thanks Paul

1 answer
Finlease
Finlease M.Finlease

Hi Paul

Best we have a chat about this as you may be able to secure a loan simply secured by the boat or in the alternative, simply facilitate a property loan where the proceeds are used to buy the boat. My contact number is 0412 320 872 so please feel free to call me. Kind Regards Mark O'Donoghue

Shayan

Shayanasked

Car Financing

Do you give loan to non-PR residents?
I am currently working as stuff in a university in Sydney and I will get my PR soon in next couple of months (~6months), but I want to know if can get car finance with my current 485 Post Work visa? Something about 20k.

1 answer
Finlease
Finlease M.Finlease

Hi Shayan, best we have a chat to you to get an understanding of your current visa and time left on it. suggest you either drop a note back with your contact details or call James from our office on 0413470370

Bobby M.

Bobby M.asked

Dear Finlease,

Do you give mortgage/loan for Residential Property and foreigners (non-PR) who bought Australia property such as Indonesian ?

Thank you.
Melky

1 answer
Finlease
Finlease M.Finlease

Hi Bobby, I understand there are certain circumstances where we may be able to assist. Suggest it is best that our mortgage specialist Jeff Harris have a chat with you to obtain a better understanding of your situation. Jeff can be reached on 0402979131. Alternately if you can provide a contact number, we will ask Jeff to call you.

Thanks

Mark

lozzamo

lozzamoasked

Do they do finance for Caravans?

3 answers
Finlease
Finlease M.Finlease

Yes we do, which state are you located in?

lozzamo
lozzamo

Thanks for your reply, we are located in NSW.

Finlease
Finlease M.Finlease

Thanks Lozzamo, I can ask James O'Donoghue from our office to give you a call (if you can reply with a contact number) or alternately James can be reached on 0413 470 370

Thanks

Mark

Dene

Deneasked

I'm a Kiwi who lived in Australia for seven years and established my ongoing Australian business over ten years ago. After operating my Aus business from NZ over the last 5 years, I am looking to return to Aus and am wanting marine pleasure craft finance in the region of $100k. Am I likely to be eligible even though I am not an Australian citizen?

2 answers
Finlease
Finlease M.Finlease

Hi Dene, it may well be fine. Suggest you give James O'Donoghue a call and have a chat about the overall need so we can give you greater clarity. James cam be reached on 0413 470 370

Dene
Dene

Thank you.

Mary

Maryasked

What is your running cost for a New Car loan?

2 answers
Finlease
Finlease M.Finlease

Hi Mary, thanks for your question, can we suggest that you call us on 02 8484 2000 and speak to one of our team members so we can obtain greater clarity around your question and provide some answers.

Kind regards,

The Finlease Team

Mary
Mary

Sorry constructed the question wrong. What I meant is running interest rate for the New Car Loan?

Andrew

Andrewasked

Hello
I’m wondering how much lease payments are on a bus/coach?

1 answer
Finlease
Finlease M.Finlease

Hi Andrew it would depend on the price of the bus and the term of debt. Michael Ryan is our bus and coach finance specialist, please feel free to call him on 0417279891.

Thanks Mark

Kun

Kunasked

Is it possible if we refinance (car loan) from other institution to Finlease? Thanks

2 answers
Finlease
Finlease M.Finlease

Hi Kun, yes it is. It would be worth having a chat to see if it is economical for you to do so as your existing loan may have "break costs" which nullify any lower rate, better facility going forward. Please feel free to call me on 0412320872 and we can have a look at it for you. Thanks Mark O'Donoghue

P Sok
P Sok

Thanks Mark for your answer. Will look at our contract. Thanks, Kun

clint

clintasked

on fishing trawilers how much can you lend
lm after abput 600k
l already have 3 trawilers but l want another one
can you keep

1 answer
Finlease
Finlease M.Finlease

Hi Clint, we can fund up to 100% in some instances. Suggest you give me a call on 0412 320 872 and I can get an understanding of your situation and requirements. Thanks
Mark O’Donoghue

Nicole

Nicoleasked

hi there,
does finlease cater for regular bank account holders too or only businesses?
Can I open a bank account with you for my everyday banking?
cheers Nicole

1 answer
Finlease
Finlease M.Finlease

Hi Nicole, apologies we don’t have any products or services in the personal banking account area

Peter Michal

Peter Michalasked

Hi, do you cater for applicants with a low credit score. previous defaults been paid but resulted in a low credit score. looking for a used car loan 40k.

1 answer
Finlease
Finlease M.Finlease

Hi Peter, best we have a chat with you to get an understanding of your circumstances. Can I suggest you ring James in our team on 0413370470 and we can have a look at what can be done.

brian

brianasked

Do you cater to people on the centrelink payments such as the pension or only folks that are employed?

1 answer
Finlease
Finlease M.Finlease

Hi Brian

It’s a good question and one we have not been asked before. Finance approvals are about proving an ongoing income to service a proposed debt after all usual living and other costs being taken into consideration as well as any perceived exposure on the particular asset to be financed and finally your track record in meeting historic commitments. We would be pleased to have a look at your requirement to see if an approval could be obtained. Please feel free to call me on 0412320872 kind regards Mark O’Donoghue CEO

Leah C

Leah Casked

Hi,
Do you cater to small business needs and assist with transferring from one bank to another?

Thanks

4 answers
Finlease
Finlease M.Finlease

Hi Leah, we certainly do. It is not uncommon for our clients to be less than pleased with their existing bank and want to look at alternatives.

If you can let us know which state and suburb or town you are located, I will put you in touch with a tram member in your area so they can have a chat with you

Leah C
Leah C

Mornington 3931, VIC
Thank you

Leah C
Leah C

Mornington 3931, VIC
Thank you

Chris

Chrisasked

Hello,
I started a landscape/garden maintenance business that has been operating since February 2017. I'm the owner and sole employee and have been extremely busy from day one. I'm looking into my options to expand my equipment as I'm now turning away a lot of regular work. Is my business still to young to be eligible for financing of new equipment? If I am able to receive financial help it would be great to be directed to the right person to speak with. Should I not eligible it would still be beneficial to chat with someone about what I would need for the future.

Kind Regards,

Chris

3 answers
Mark
Mark

Hi Chris. If there's a solid business case behind the purchase then you should be OK. If you contact Finlease they'll be able to help you understand what is possible in terms of financing.

Blue Gum Joinery
Blue Gum Joinery

Hi Chris,
The best person to speak to at Finlease is Michael Ryan. His the owner and I've known him for ages. His very helpful, knowledgeable and most important, honest.

Chris
Chris

Thank you Mark and Blue gum Joinery for your replies. I have spoken with Tim from the Sydney office and I’m organising all the paperwork requirements to start the process and see if I’m eligible. Thanks

Babs

Babsasked

Does Finlease offer Term Deposits? If so at what interest and time rates

1 answer
Finlease
Finlease M.Finlease

Hi, apologies we don’t as our entire business is around arranging equipment and property finance for our clients. Thank you for the question. Kind regards, the Finlease Team

meg

megasked

Hi,
Wondering what the complaints process is? I.e. how to make an official complaint?

Thankyou.

1 answer
Finlease
Finlease M.Finlease

Hi Meg, we are sorry to hear you have had an issue. Our CEO & Founder Mark O’Donoghue is keen to understand what has happened for you to ask such a question. Mark can be contacted on 0412 320 872 or mark@finlease.com.au. Kind regards, The Finlease Team

Paula H

Paula Hasked

What are the fees? and who do i speak to in SA?

2 answers
Shane Grimwood
Shane Grimwood

Fees are dependent on the deal i have found and all have been reasonable, i dont know about SA but call Michael Giorgas in Brisbane and im sure he will steer you in the right direction 0488 480 025

Finlease
Finlease M.Finlease

Hi Paula,
thank you for your comment.
Please contact Neil Styles on 0404 050 697 and he will assist you with your enquiry.
Kind regards,
The Finlease Team

mike

mikeasked

i like to know if you have someone taking french for me ?

1 answer
Finlease
Finlease M.Finlease

Hi Mike, our apologies as we will be unable to assist with your enquiry as we are a finance company. Kind regards, the Finlease Team.

james t

james tasked

Hi
Do you do new car loans only?

Jim

1 answer
Finlease
Finlease M.Finlease

Hi James! We do new and used car loans and much more! Please feel free to contact James O'Donoghue on 0413 470 370 for further information. Best regards, the Finlease Team

Page 1 of 2

Get an answer from our members and Finlease representatives

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.