Hutchinson Motors (trading as Team Hutchinson Ford and Team Hutchinson Finance Solutions) are acting as the loan arranger. Depending on circumstances we typically approach a number of lenders on your behalf to get you the most competitive finance solution that we can.
We call these asset loans and they can be used for all types of reasons. Whether it is financing the purchase of a motorbike, car, caravan, campervan, boat or even a jet ski.
For car loans, we will use the car that you purchase as security against your loan.
This depends on a few things.
Our minimum loan amount is $5,000 and maximum is $200,000.
How much you can borrow within this range depends on your personal circumstances and affordability. It’s important to borrow only what you need and to ensure you can comfortably meet your repayment obligations for the term of your loan. Our team, are expert at helping you determine your personal borrowing sweet spot.
Similar to determining how much you can borrow, there’s a few factors that will come in to play when it comes to your interest rate. Things like how well you’ve paid off loans in the past, your income, whether you’re a home owner etc. It may seem a little invasive to ask for all this kind of info, but it’s what loan providers need to know to ensure they are complying with safe lending practices.
The quicker you provide us with the required information the quicker we can get approval!
We work hard with our clients to collect all the right information up front before we assess the application. We can usually obtain a conditioned approval for you within an hour.
You can make the call on whether you repay your loan weekly, fortnightly or monthly. This will be set up as a Direct Debit from your chosen bank account – just let us know what works best for you.
Yes! We are proud of the tools we have to offer to help our clients pay off their debt faster and get debt free earlier.
Some lenders will have fees and charges within their loan contracts if your loan is repaid before the term of the loan. We will discuss these with you before signing your contract.