FINANCE FAQ

Find the answers to some of your questions.

Bizi Loans are committed to providing a fast, efficient and competitive loan service. We know you have lots of questions that need straight, upfront answers.

We work on behalf of an individual or business (that’s you) to get finance. We talk with you about your personal situation and look at a number of lenders to determine who would be the most suitable lender for you and match the loan options to your circumstances.
  • We do all the legwork to help you find out all your loan options.
  • We negotiate with the banks, credit unions and other credit providers on your behalf to get the best car finance deal.
  • We are fully licenced finance professionals offering a friendly, personalised and professional service.
  • We get you a fast pre approval on a loan.
Yes, with our extensive knowledge and expertise our pre-approval process is quick and easy without needing any official documents up front!
In most cases everything can be completed over the phone & via email within a few hours.
  • Valid Photographic Identification (Drivers license or Passport)
  • Proof of income (Pay slips, letter of employment, last years tax return, financial statements (may not be required in all circumstances))
  • Proof of residency if you are not an Australian citizen
Use our “Free Quote” form. Or, apply by phone on 1300 24 94 00 or come into to our Perth office.
Yes, we have 1000’s of satisfied customers from all over Australia. You can apply for a loan from anywhere in Australia.
100% finance is available to approved customers. Plus, you may be able to bundle insurance and on-road costs in the loan total.
Novated leases are suitable to people who are an employee which is able to receive a vehicle as part of their salary package. You may select a car and your employer takes responsibility for the lease payments while you are employed by them.
A balloon payment or sometimes called a residual value is a lump sum payment that is attached to a loan usually payable at the end of the loan term. It’s an amount still owed to the lender at the end of the loan term. Setting a balloon payment allows you to repay only part of the principal of the loan therefore reducing the monthly repayments in exchange for owing the lender a lump sum at the end of the loan term.
There are options. Please contact us to discuss your circumstance so we can help you to make alternative arrangements, or help you to make a claim on your credit insurance (if taken out at the time of applying for the loan).
Yes we do! Our finance consultants are experts in financing private sales. We will even perform all the checks to make sure you are protected against any finance owing on the car you buy from a private seller. Bizi Loans even has its own “Find My Car” service where we help find the car that you are chasing and negotiate the best possible price! So whether you are looking for a new or used car, personal car loan or a business car loan, Bizi loans can help. Plus, as part of your loan package, we have loan cover and warranty options to ensure peace of mind and no issues down the road.
Absolutely. With our access to a wide range of different lenders, we match the loan to your circumstances. Give us a call today.
You’d better believe it. We are asset finance experts and we can help you with the purchase of a new boat, caravan, motorbike, truck or machinery & equipment.
We would love to help. You need to be over 18 years and meet the lenders criteria to get a loan.
Our consultants are very experienced in helping people who don’t have the perfect credit file and we won’t unnecessarily put a credit check on your file unless we feel certain that an approval will be given. Call us today on 1300 24 94 00 to discuss your personal situation with one of our friendly consultants.
Absolutely, so long as your loan term does not exceed your remaining visa period. All you need to do is present your visa together with your confirmed employment in Australia.
We have helped clients in the past get a second chance at finance with a loan. We will work together to find a solution for you. Please call us on 1300 24 94 00 to discuss some options today.
With secured loans you offer an asset, such as the car you are buying, as security for the loan. This means if you do not meet your loan repayments your lender has the right to take possession of your car (the asset). However, the upside of this is you pose a lower risk to the lender and that means you get a lower interest rate. A personal loan is not secured against any asset and can be used for many purposes such as a holiday, a car, a wedding and so forth. Because a personal loan is not secured against an asset the lender see’s it as a higher risk and therefore the interest rate is normally higher.
PPSR (The Personal Property Securities Register) allows finance companies and other businesses to register their security interest over personal property. It’s a national online register that can provide information to help protect consumers when they are buying personal property such as cars, boats etc.  It is very important to check whether a lender has rights over a car, bike, boat or caravan before you buy it and the PPSR allows buyers and other parties to search the register to find out if there is any security (money) owing against the personal property.