Rent to Buy
Whether you’re seeking to buy first business equipment, car, truck or other asset, but got rechecked by big banks for having not so good credit history, rent to buy loan can be option you are looking for.
At Realloans Australia, we’re committed to helping sole traders, businesses, partnerships and trusts to continue to grow. With access to a good list of lenders that offer rent to own loan, we can help you with you or business buy that next car, machine or equipment.
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Rent to Buy Features
- Loan amount from 10,000 to 5,000,000
- Loan term from 1 to 5 years
- Funding in 24 hours*
- No hidden fees or charges
Rent to Own Requirements
- Start up or Established Business
- Active ABN or ACN with GST registered
- 6 months bank statement and/or Work Letter
- Identification such as your driver licence or passport
What is a Rent to buy loan?
Rent To Buy is an experienced alternative to commercial vehicle financing for people with bad credit scores. Rent-to-Own is a fast and affordable alternative to financing if you are unable to access traditional truck finance options.
Your lender will purchase a asset and then rent it back to you, as per a signed agreement for a set period of time.
What assets can I buy with Rent to Buy?
You can you buy a range of commercial asset across a range of industry sectors, here’s a brief list of the types of assets we can help you with:
- Sedans, SUVs and Vans
- Utes, 4WDs and Small Trucks (Up to 4.5t, car License)
- Medium to Large Trucks (12.0t GVM to 30.0t GVM)
- Prime Movers (most makes considered)
- Trailers (most trailers considered)
- Small to Medium Size Earthmoving Equipment (1.0t to 15.0t)
- Large Earthmoving Equipment (> 15.0t) (considered only upon request)
- Boom lift / Cherry Pickers
- Agriculture Equipment
How do I apply for a rent to buy loan?
To apply for a business loan, simply start an application online, provide the identity, income documents and bank statement. We will let you know the outcome of your business loan application.
What Customer say about us
Rent to Own Scenario
Client is in transport and logistics business, they are in urgent need for a prime mover as their old prime mover is no good to interstate. But due to client low credit, the major bank won’t do the finance. They are renting a Kenworth for time being and paying over 3500 rent per week. We were able to able to secure rent to own for the client to buy a 2018 Volvo prime mover with 10% deposit and work cover letter.
enquire nowRent to Own with Realloans
Expert Brokers
We have one of the best finance brokers that provide every customer a personalised service depending on their individual needs.
45+ Lenders
With a good list of lenders available, Realloans Brokers will provide you with the loan option that is best suited for you.
Easy Loan Approval
From first contact to settlement, Realloans broker will guide you throughout your loan process and help you have a quick easy loan approval.
FAQs
What asset can I buy with rent to own?
Business can buy car, Utes, 4wds, trucks, prime mover, trailer, earthmoving equipment, cvc machines, agriculture equipment and more.
How long does it take to get a rent to buy?
It takes from 4 hours to 48 hours to get a rent to buy finance with Realloans Australia.
Can I get a rent to buy loan with bad credit?
Rent to buy is a perfect solution for client with startups, client with low deposit, bad credit or those who are after simple solution with weekly payment.
Do you provide rent to buy loans to Start-ups and what document do i need?
If you’re yet to start your business or recently started you business, we need the following documents: ABN with GST registered, Asset, Work Cover Letter, Identification documents such as your driver licence or passport.
