Re-Financing Car loans or Balloon Payment
Is your current balloon due and you need to re-finance it?
At SB Finance, we can assist you with re-finance options on your existing car loan.
We have access to a large panel of car and asset finance lenders, allowing us to secure a competitive loan package to meet your requirements.
We may be able to review your existing loan and possibly save you some money or lower your repayment.
Repayment Options
Fixed interest repayment for the term of the loan. Ability to make extra payments throughout the loan.
Variety of Options
Term options from 1-7 years, Low-doc loan options, No deposit loans and Balloon Options.
Quick Application
Our Application process is straight-forward and hassle free. We pride ourselves in being responsive and prompt with processing your application!
Personalised Service
Here at SB Finance we treat everybody like one of the family. We pay attention to the detail and make sure we offer nothing but first class service tailored to your needs!
Whether you have questions or inquiries about our services, we’re here to assist you every step of the way.
Frequently Asked Questions
You sure can! Used vehicles qualify for commercial loans and sometimes may even work out more budget friendly. Some benefits of a commercial loan such as a chattel mortgage are:
- Full amount of the payout or balloon can be financed
- Fixed interest repayments for the term of the loan
- Sole-trader structure, partnerships, companies, car-allowance employees and trusts can be eligible for this product
- Low-doc products available
When making a decision you should speak with your accountant and seek your own independent advice on what loan product would suit you best.
The financier lends the customer the money to buy a new or used vehicle. It can be secured (the asset as security) or unsecured (higher interest rate). If the vehicle is the security on the loan then it will be required to have full comprehensive insurance. Finance can include on road costs and payments can be fixed with loan terms up to 7 years.
