Important information
Please be aware of the following;
Effective Immediately Tuesday 6th March 2012 Credit License Cancellation Lodged By Us With ASIC
Ability Finance have elected to cease all credit activities covered by ASIC credit licensing for various reasons including but not limited to;
- Lender commission cuts over the past few years.
- Additional liability, workload and costs arising from National Credit Licensing
- Lender minimum volume restrictions which result in smaller brokers not being able to offer all options to customers.
-
Regularly encountered inexperienced lender staff who are unaware of their own employers policies whose advice wastes both broker and customers time and resources.
- As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
- Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.
- No information or content contained on this site should be relied on as being current.
- No content contained within this site should be taken as advice in any way at all.
Should you feel there is any content that should be removed from this site please contact the webmaster.
By any chance you feel specific content is interpreted as offering any credit activities by us it is to be ignored, please report to the webmaster for removal or modification.
If you are legally entitled to engage in credit activities and would like to advertise on this site please contact the webmaster.
If you would like a website developed or even to purchase this site modified to your requirements please contact the webmaster.
Meanwhile we are working hard at creating a one stop shop for purchasing high quality spray painting equipment online including an extensive range of the best spray gun models we are able to offer at discounted prices everyday right across the complete range of available spray gun models. Online spray gun prices with old fashioned personal service levels.
Minimum Application Supporting Documents Guide
Minimum Finance Application Supporting Documents Guide
Vehicle Finance
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Supporting Documents
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salary/wages income
|
self employed income
|
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Latest pay slip
|
YES
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N/A
|
|
Latest tax return
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N/A
|
YES
|
|
Drivers license
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YES
|
YES
|
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Proof of residence
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YES
|
YES
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Details of assets and liabilities.
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YES
|
YES
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| Applicants Identity Verification | YES | YES |
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Supporting Documents
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|
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The business' financial statements for the last 3 years
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YES
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Details of the market value of the assets and liabilities of the business.
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YES
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Business information: Vendors Statement if purchasing; Constitution or Trust Deed for existing businesses.
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YES
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Last three years personal tax returns for all Directors or Partners.
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YES
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Rates notice on any property to be offered as security.
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YES
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A projected Cash Flow Statement for the next 12 months or longer if available.
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YES
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Business Plan if available.
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YES
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| Applicants Identity Verification | YES |
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Supporting Documents
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|
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Last 2 financial statements and personal tax returns.
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YES
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Business Plan and Cash Flow Statement if available.
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YES
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Details on the equipment being purchased (e.g. invoice, quote).
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YES
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Details of Assets and Liabilities.
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YES
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Driver’s license.
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YES
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Council rates notice.
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YES
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| Applicants Identity Verification | YES |
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Supporting Documents
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salary/wages income
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self employed income
|
|
Latest 3 pay slips from employees; or
Latest 3 pay slips and latest tax return. |
YES
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N/A
|
|
Last 2 financial statements; and
Last 2 personal tax returns. |
N/A
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YES
|
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Last 6 months bank statements to show savings history.
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YES
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YES
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Property description if available.
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YES
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YES
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Evidence of other income; (e.g. overtime, bonuses, second job, rental income, dividends, etc).
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YES
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YES
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Details of your assets and liabilities.
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YES
|
YES
|
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Applicants Identity Verification
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YES
|
YES
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