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Macquarie Re-introduce Lo-doc Leasing
Macquarie Leasing have recently changed their policy to enable the finance of business motor vehicles without the need to provide financials.
This new policy allows the finance of passenger cars or commercial vehicles (<3 tonnes) up to $70,000.
Vehicles can be up to 4 years old, but must be purchased through a licensed dealership. Applicants must have held an ABN for a minimum or 2 years, and have a clear CRAA. Applicants who do not own property with a minimum of $100,000 in equity must contribute a deposit of 30% towards the purchase price.
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