Checking eligibility with Finwave uses a soft enquiry and does not affect your credit score. A hard enquiry only occurs if you proceed with a specific lender's formal application and we'll tell you before that happens.

Most approved applications are funded within 24 hours. Straightforward applications can receive same-day funding when submitted before 2pm AEST with complete documentation.

For most lenders: 6 months of business bank statements, your ABN, and a valid driver's license. Loans over $250K may require additional documents such as BAS statements or financials. We'll tell you exactly what's needed for your specific lender match.

Different lenders suit different businesses. Some are faster, some offer lower rates, some specialize in specific industries or loan sizes. By comparing 80+ lenders, we find the best match for your situation rather than forcing you into a one-size-fits-all product.

Rates and fees vary by lender, loan amount, term, and your business profile. There is no cost to use Finwave — we are paid by the lender only upon successful settlement. You'll see all rates, fees, and terms clearly before you accept any offer.

Yes. Finwave Financial Services Pty Ltd holds Australian Credit License 561258 and is an approved member of the Finance Brokers Association of Australia (FBAA). ABN 40 679 668 645.

Yes, in many cases. Finwave works with specialist non-conforming lenders who assess applications individually. Factors like business cash flow, asset strength, and trading history are all considered alongside your credit profile. If a bank has declined you, contact Finwave, we may still be able to find a solution.

We specialise in:

• Business & Commercial Loans, including working capital, equipment finance, and commercial property loans.

• Car Loans, Secured car loans for individuals and businesses.

• Personal Loans, for cars, home renovations, debt consolidation, and more.

• Equipment Finance, for machinery, vehicles, and other business assets.

• Low Doc Loans, tailored solutions for those who may not meet strict bank criteria.

• Caravan Loans, Whether you’re looking to buy your first caravan or upgrade to something bigger, our tailored finance solutions are designed to suit your needs.

Absolutely. Our team manages the entire finance process from application to settlement keeping you updated at every step, so you can focus on selling.

In many cases, we can secure finance approvals within 24–48 hours, depending on the complexity of the application and the documentation provided.

Yes. We provide clear communication and real-time updates so you’re always informed about where each finance deal stands.

The benefit of working with a Finwave broker instead of going to a bank is. We have access to over 45+ Lenders ensuring you get competitive rates and terms, unlike the banks who only offer their products. At Finwave we compare various loan options and negotiate on your behalf to get you the best deal possible for your circumstances.

What else can Finwave help me with? We offer more than just car loans. Our team specializes in securing competitive rates for Business, Equipment, Caravan, and Personal financing.

We specialise in:

• Business & Commercial Loans, including working capital, equipment finance, and commercial property loans.

• Car Loans, Secured car loans for individuals and businesses.

• Personal Loans, for cars, home renovations, debt consolidation, and more.

• Equipment Finance, for machinery, vehicles, and other business assets.

• Low Doc Loans, tailored solutions for those who may not meet strict bank criteria.

• Caravan Loans, Whether you’re looking to buy your first caravan or upgrade to something bigger, our tailored finance solutions are designed to suit your needs.

• Buying a car, boat, or motorcycle.

• Home renovations.

• Debt consolidation (combining multiple debts into one loan).

• Medical expenses or emergency costs.

• Travel, weddings, or major life events.

Finwave offers a range of business financing options, including:

• Unsecured Business Loans , No security required and quick approvals.

• Secured Business Loans, Lower interest rates by using assets as security.

• Equipment & Asset Finance, Spread the cost of machinery or vehicles.

• Invoice Financing, Unlock cash flow by borrowing against unpaid invoices.

• Commercial Property Loans, Financing for purchasing business premises.

Finwave helps businesses finance a wide range of equipment, including:

• Construction machinery (excavators, loaders, cranes).

• Commercial vehicles (trucks, utes, vans, buses).

• Agricultural and farming equipment (tractors, harvesters, irrigation systems).

• Medical and dental equipment (X-ray machines, dental chairs, MRI scanners).

• Manufacturing and industrial machinery.

• Office technology (computers, servers, printers).

Finwave offers clients a personalised interest rate that is based off their unique circumstances and credit history. To find out more about what your personalised rate will be, please fill out our quote form or give us a call we will be in touch the same day.

You can borrow for a term of 12 months all the way up to 7 years depending on your circumstances and needs.

• Best business loans for startups in Australia

• Flexible business loans for sole traders and small businesses

• Low-interest commercial loans for established businesses

• Fast approval working capital loans for growing businesses

• Equipment finance for small business owners

• Business loans for bad credit borrowers in Australia

• No-doc and low-doc business loans for self-employed

• Commercial property loans with flexible repayment terms

• Business finance solutions for expanding your company

• Compare commercial loan rates for Australian businesses

Choosing between a dealership and a broker often comes down to convenience versus cost and choice. While dealer finance can be arranged on the spot, you are often restricted to a single lender and "retail" interest rates that may be marked up to cover the dealer's commissions. A broker like Finwave acts as your advocate, comparing "wholesale" rates from a panel of over 80 lenders to find a deal that suits your financial situation, not just the dealer's sales targets. What else can Finwave help me with? We offer more than just car loans. Our team specializes in securing competitive rates for Business, Equipment, Caravan, and Personal financing.

Yes, having a bad credit rating or previous defaults doesn't necessarily stop you from getting a car loan. There are specialist "second chance" lenders in Australia who look beyond just your credit score to assess your current ability to repay. While these loans might come with a slightly higher interest rate to cover the risk, a broker can help structure your application, perhaps by adding a deposit to improve your chances of approval.

Financing a private sale is very similar to buying from a dealer, but with a few extra safety steps. Since the lender pays the seller directly, we perform a PPSR (Personal Property Securities Register) check on the vehicle to ensure it hasn't been written off, stolen, or currently under finance by someone else. This gives you the security of a dealership transaction while allowing you to take advantage of the lower prices often found in the private market.

Getting pre-approval effectively turns you into a "cash buyer." It gives you a strict budget and signals to sellers that your finance is sorted and you're ready to buy immediately. This gives you significant leverage during price negotiations and stops dealers from trying to bundle the car price with their own finance packages.

Absolutely. Refinancing involves taking out a new loan to pay off your existing one, ideally with better terms. This is a great option if your credit score has improved since you bought the car, or if interest rates have dropped. You might be able to secure a lower interest rate or extend the loan term, both of which can reduce your monthly repayments and improve your cash flow.

Yes — in many cases. Finwave works with specialist non-conforming lenders who assess applications individually. Factors like asset strength, business cash flow, and credit improvement over time are all considered. If a bank has declined you, contact Finwave — we may still be able to help.

Yes. Finwave can arrange finance for purchases through dealerships, private sellers, and auction platforms. Documentation requirements differ slightly — we recommend getting pre-approved before you bid or buy.

Yes. Some lenders approve equipment finance for businesses as young as 6 months — particularly for commercial vehicles and standard machinery. Start-ups may need a deposit or guarantor. Finwave will identify the lenders most open to new business applications.

For a secured loan, where the caravan acts as collateral, most lenders require the asset to be no older than 15 to 20 years at the end of the loan term. For example, if you want a 5-year loan, the caravan generally shouldn't be older than 15 years when you buy it. If you're looking at a vintage van or an older model to renovate, we can often arrange an Unsecured Personal Loan instead, which doesn't have these strict age limits.

What else can Finwave help me with? We offer more than just caravan loans. Our team specializes in securing competitive rates for Business, Equipment, Car, and Personal financing.

A balloon payment is a lump sum that you agree to pay at the very end of your loan term. By pushing a chunk of the principal (e.g., 30%) to the end, your regular monthly repayments become much lower. This can make a more expensive caravan affordable now. When the loan ends, you can choose to pay the balloon amount in cash, refinance it, or sell the caravan to cover the cost.

Yes, you can often bundle the "drive-away" costs into your finance. Lenders frequently allow you to include the cost of permanent accessories like solar panels, awnings, and air conditioning, as well as your first year of comprehensive insurance and registration. This helps you avoid a large upfront cash outlay and keeps everything in one manageable repayment.

From a finance perspective, you generally only need a standard open driver's license. However, responsible lenders will want to ensure the caravan you are buying can be legally towed by your vehicle. If the caravan is very heavy, you might need a vehicle with a higher towing capacity or, in some states, a specific license endorsement. We help check that your car and caravan combination is compliant so your approval goes smoothly.

This is becoming a very common question. Some secured lenders have restrictions if the caravan is your only residence because it complicates the process if they ever need to repossess the asset. If you plan to live in the van permanently with no fixed address, we may recommend an Unsecured Personal Loan. This is assessed based on your income and credit history rather than the asset's use, giving you the freedom to travel indefinitely.

A "Low Doc" loan is perfect for self-employed business owners who haven't completed their latest tax returns yet. Instead of using tax returns to prove your income, we can use alternative documents like your Business Activity Statements (BAS), business bank statements, or an income declaration from your accountant. Generally, you need to have an ABN and have been trading for at least 6 to 12 months to qualify.

What else can Finwave help me with? We offer more than just Business loans. Our team specializes in securing competitive rates for Caravan, Equipment, Car, and Personal financing.

Yes, Finwave offers access to unsecured business loans where you don't need to put your home or commercial property on the line. For loan amounts typically under $250,000, lenders will assess the strength of your business turnover and cash flow rather than physical assets. This is a faster, lower-risk way for many business owners to access capital.

Modern business lending is incredibly fast. If you are applying for an unsecured loan and have your business bank statements ready (or use digital linking), you can often get an approval in a few hours. Once approved, funds are frequently deposited into your account within 24 hours, sometimes even the same business day.

It is more challenging for startups, but not impossible. Major banks often require 2 years of history, but alternative lenders are more flexible. If you have been trading for at least 3 months and can show consistent monthly revenue, we have lenders who can assist. For brand new businesses with no trading history, we might look at a loan secured by a vehicle or property to get you started.

Generally, no. When you enquire with Finwave, we perform a "soft check" or an internal assessment to match you with lenders. This doesn't leave a mark on your credit file. A "hard enquiry," which other lenders can see, usually only happens once you accept a specific quote and authorize us to proceed with the formal application.

With a chattel mortgage, your business owns the equipment from settlement and the lender takes security over the asset. You may be able to claim GST upfront and depreciation benefits (subject to accountant advice). With a finance lease, the lender owns the equipment and your business makes lease payments for its use, which are generally tax-deductible operating expenses.

What else can Finwave help me with? We offer more than just Equipment loans. Our team specializes in securing competitive rates for Business, Caravan, Car, and Personal financing.

In many cases, yes. Because the equipment itself acts as security, lenders can often fund up to 100% of the purchase price, allowing businesses to acquire assets without using working capital for a deposit. Approval depends on credit profile, business history, and the asset type.

Yes. Many lenders finance used machinery, trucks, and business equipment. They will usually consider the asset’s age, condition, and expected useful life, and may require it to remain within an acceptable age at the end of the loan term.

Government tax incentives allow eligible businesses to claim an immediate tax deduction for the cost of an asset. Importantly, you don't need to pay cash to get this benefit. If you finance the asset using a structure like a Chattel Mortgage (where you own the asset), you can still claim the write-off immediately, while paying the loan off over time. Always check with your accountant for your specific eligibility.

It’s not just for cars and trucks. Most income-producing business assets can be financed, including construction machinery, commercial vehicles, agricultural equipment, manufacturing machinery, medical devices, and IT hardware. If the equipment supports business operations, there is usually a lender willing to fund it.

Equipment loan interest rates in Australia currently range from around 6.49% to 11.00% p.a. for secured loans, depending on your business credit profile, the type and age of the asset, your loan term, and the lender. Finwave compares rates across 45+ lenders and will present the most competitive options for your specific circumstances — with no impact to your credit score during pre-approval.

Most pre-approvals through Finwave are assessed the same business day. Formal approval and settlement typically takes 24 to 48 hours after a complete application is submitted. Larger or complex applications — such as those over $500,000 or involving used assets — may take a little longer. Contact our team directly if your situation is time-sensitive.

Yes — in many cases. While traditional banks have strict credit scoring requirements, Finwave works with specialist non-conforming lenders who assess bad credit equipment loan applications individually. Factors like the strength and age of the asset, your business cash flow, and any improvement in your credit position over time are all considered. If a bank has declined you, contact Finwave — we may still be able to find a solution.

Flexibility is key with modern personal loans. Many of our lenders, especially for variable rate loans do not charge "early termination fees" or exit penalties. This means you can make extra repayments or pay the whole loan off early to save on interest. We can specifically look for these "fee-free" features when finding you a loan.

What else can Finwave help me with? We offer more than just personal loans. Our team specializes in securing competitive rates for Business, Equipment, Car, and Caravan financing.

Debt consolidation involves taking out one new personal loan to pay off multiple existing debts, like credit cards or store loans. The goal is to roll everything into one simple repayment with a lower interest rate than your credit cards. This can save you money on interest and make budgeting much easier since you only have one due date to worry about.

You can use a Finwave personal loan for almost any "worthwhile purpose." Common uses include home renovations (like a new kitchen), paying for a wedding, dream holidays, or covering medical expenses. It’s also a great option for buying older cars or assets that might not qualify for a standard secured car loan.

No. At Finwave, requesting an initial rate quote is a "soft check." It allows us to give you an estimate of your rate and repayments without leaving a negative footprint on your credit file. We only do a formal "hard check" once you are happy with the offer and ask us to submit your application to the lender.

The process is largely digital now. You typically need proof of ID (Driver's License) and proof of income. However, instead of scanning piles of paper, most of our lenders use secure technology that allows you to link your bank statements online in minutes. This "paperless" process speeds up the assessment, often getting you an answer within 24 to 48 hours.