Drive Away Funding – it’s a NEW way to access short term funding!
You can now access short term funds via our brand new asset lending business Drive Away Funding.
Drive Away Funding provides an alternative funding option for people who need money fast, or are unable to obtain traditional bank finance.
Simply put, we offer you a simple, quick and hassle-free way of accessing the equity in your assets, whenever the need may arise!
And it doesn’t matter what you need the money for – as long as you have an unencumbered asset of value [such as a freehold car] we can lend you the funds.
Best of all, there’s no application process, no credit checks… no questions – you get the money you need, in your account in 24-48 hrs!
The whole process is designed to be fast, easy and discrete.
Why you might need access to a short term loan…
Short term loans are mostly used to help you get through a short term money challenge – the sort that catches you off guard, despite your best intentions otherwise.
Unfortunately, if not dealt with swiftly and decisively, these ‘small’ short term cash flow issues can often trigger ‘larger’ money problems which can begin to impact on your overall financial wellbeing.
Try to catch up on 2 or 3 months worth of bills and/or loan repayments – it’s not fun, or easy – and neither is trying to get a home or business loan when you have a default lodged on your credit file.
While there are no restrictions on what you can use a Drive Away Funding loan for, here’s a few examples to consider;
- Unexpected Expenses – medical costs, home repairs [water, electrical, plumbing, termites] or home appliance replacement [fridge, stove, washing machine, hot water system, air con].
- Bill Shock – excessively high electricity bills, mobile phone bills, internet data costs or late payment penalty fees.
- One-off Costs – wedding gifts, milestone events/parties, relocation costs, travel fees, pet expenses, elective surgery or a family emergency.
- Urgent/Overdue Payments – home loan repayments, credit card payments, private school fees or personal tax debts.
- Income Supplement – to offset reduced/lost income from job loss, employment/job changes, or time off work from illness or injury.
- Business Cash Flow – to cover urgent expenses [rent, payroll, stock, BAS] while awaiting incoming commissions or client payments.
- Business Equipment – to repair or purchase of business equipment necessary for income generation [mobile phone, laptop, trade tools & machinery]
- Investment/Opportunity – when you need to raise funds quickly for a time-sensitive or important business/investment opportunity.
This list is by no means exhaustive – it’s simply a snapshot of some of the reasons why people might need a quick and easy way to access short term funds.
Short Term Asset Lending – how it all works…
It’s really simple – we’ll lend you money against any unencumbered [freehold] asset of value.
For speed and convenience sake, a car is usually the most popular option, however we can also lend against boats, jet skis, caravans, vans, trucks, motorbikes, trailers, business plant & equipment, jewellery and even some collectables.
Drive Away Funding operates as a specialist pawnbroker and all funding is provided under a contract of pawn – this is the tool that allows us to take the necessary security over your asset while we lend you the money.
But there’s a twist! – because unlike traditional pawnbrokers we don’t have to take possession of your asset – instead we can allow you to keep using it while you pay off the loan! So for example, if you decide you want to pawn your car for a cash loan, we’ll let you drive away with your car and keep using it!
All our asset loans have a redemption period [loan term] of one calendar month after which time you’ll need to repay the loan in full as well as our loan fee/interest.
However, you do have the option of extending the redemption period for an additional month simply by paying one month’s fee prior to the due date. And you can keep doing this as many times as you want.
Loans can be as small as $1,000 or as much as $100,000 or more, with the amount you’re able to borrow being determined by the value of your asset.
Our fees are also very competitive and are calculated based on how much you need to borrow.
>> For more info and to read our FAQs please see our new website – www.driveawayfunding.com.au
Drive Away Funding Loan Features:
|Loan Amount||$1,000 – $100,000
[max loan size determined by the value of asset/security]
|Loan Term:||1 Month
[can be extended each month by paying the loan fee]
|Loan Fee/Interest:||To Be Advised
[based on the loan amount and value of asset/security]
|Loan Security:||Freehold Asset/s
[vehicle, boat, jet skis, caravan, motorbikes, trailers, plant & equipment, jewellery, collectables]
[you can remain in possession of your asset during the loan!]
[you can borrow funds for any reason – no disclosure required]
[we don’t perform credit checks or mark your credit file – there’s no loan trail]
| Early Repayment:
[you can pay off the loan any time without any penalties]
>> For more details and to apply please see our website – www.driveawayfunding.com.au
Whatever the reason, if you ever need cash urgently don’t hesitate to contact us any time.
Sam & Matt
Adelaide Mortgage Broker +plus more…
Note: Drive Away Funding Pty Ltd [ACN: 609 547 239] ATF The Drive Away Funding Unit Trust [ABN: 61 278 218 613] is a registered Pawnbroker and provider of short term pawn loans in South Australia.