Short answers to common questions. For anything about your own case, contact us.
What deposit will I need?
It depends on the bank and the type of asset. In the bank summary we hold, minimum deposits range from 0% to 40%. Check the comparison table on the financing page and confirm with the lender.
How long can I repay over?
Again it depends on the lender and the asset. The summary shows maximum periods from 24 to 84 months. Used vehicles and PSVs usually get shorter periods.
Can I finance a used machine or truck?
Some lenders do, usually with a higher deposit and a shorter period. One bank in our summary sets a maximum vehicle age of 8 years for used vehicles.
Is the calculator a quote or an offer?
No. It gives an indicative estimate only. Final terms are set by the lender and are subject to approval.
Why is there no default interest rate in the calculator?
Interest rates depend on the lender, your profile and the market. We do not assume one. Enter the rate your lender quotes.
Can I pay seasonally?
Some lenders allow repayments that follow farm income, others do not. Ask the lender. The calculator can show an indicative seasonal schedule.
Do you lend the money?
Loans are provided and approved by lenders. The calculator and the bank table are information tools.
What does a bank figure above 100% mean?
It means the bank may finance costs beyond the vehicle price. Confirm the exact wording with the lender.
Which documents do I need?
See the requirements page for the documents lenders commonly ask for.