Good questions. Clear answers.
General answers to common asset-finance questions. Actual eligibility and lender criteria vary.
Before you get started.
Still unsure? Send us an enquiry and we can discuss the specifics.
Ask a QuestionWhat assets can Fairstone help finance?
Cars, utes, vans, trucks, trailers, machinery, plant, equipment and a range of other commercial assets, subject to lender criteria.
Can I finance a used vehicle or equipment?
Potentially. Options depend on asset age, condition, purchase source and lender policy.
Can I buy from a private seller?
Some lenders may accept eligible private-sale purchases, subject to verification and lender requirements.
Can I include a balloon or residual?
Some finance structures allow a balloon/residual. Availability and maximum amounts vary by asset, term and lender.
How long can an asset-finance term be?
Common terms range from roughly 2 to 7 years, but actual terms depend on lender policy and the asset.
How quickly can approval happen?
Timeframes vary. Straightforward applications with complete information can move quickly, while complex applications may require more assessment.
What documents will I need?
This varies by borrower type and lender. You may need identification, income or business information, asset details and a tax invoice or purchase contract.
Does an enquiry affect my credit score?
Talking to us does not by itself require a credit enquiry. A formal application may involve a credit check after appropriate consent.