FAQs

Yes Loans is committed to getting you the finance you need to help you reach your personal goals, whatever they may be. Part and parcel of that is making sure you’re provided with the facts you need to make an informed decision. Read about our terminology here.

Browse our frequently asked questions to find the answers to the questions you want to ask.

Leisure Finance

A leisure loan is finance borrowed from a lender that you can use to purchase vehicles or equipment that you use in your leisure time.
There are a host of assets you can purchase with your leisure loan. Examples include motorcycles, boats and caravans.
A secured leisure loan allows the lender to hold the leisure vehicle you’re purchasing or collateral as a security against the loan. This protects the lender in the case you are unable to make the due payments but also means you get access to lower interest rates than an unsecured loan.
Yes. Simply complete our hassle-free online process and you’ll get a fast response from one of our brokers. Learn more about finance pre-approval.
Yes! We say yes more often, and for the right reasons. Our team is on hand to assist you in getting access to the funds you need. Get in touch with us today and find out how we can help you.

We have built long-lasting relationships and ties with a panel of lenders that have bank-beating interest rates. Even if you have a less than perfect credit history, we may still be able to help.

We do our best to get you approved.

This depends on the details of your current work status, work history, credit history and your general circumstances. There are a number of factors involved in the application process, however we do say yes more often. Our loan specialists will work to the best of their abilities to assist you. Get in touch with them today.
Each situation with bad credit is different, and we do our best to help you get the finance you need. Contact us today and find out what we can do for you.
A commercial loan is an arrangement between your business and a financial institution that is used to fund goods, plant, equipment or vehicles used for commercial purposes.
Collateral is any asset or group of assets that can be offered by you as security against non-payment of a loan. In the event of a default, the asset will be repossessed to satisfy the loan.
A bankruptcy in your past doesn’t necessarily prevent you from getting a small business loan. Contact us today and our loan specialists will assist you.

Yes, our business loans start from $5,000.

The panel of the lenders we work with are usually happy for you to use the proceeds of the loan for any business-related purpose as long as it is legal. We regularly provide finance solutions for:

  • General equipment
  • Company cars or commercial vehicles
  • Cash flow
  • Shop fittings or new technology
  • Loan refinancing
  • Debt repayment
  • Trucks
The easiest way to begin the process is to simply fill out our online application by clicking on the apply button or contact us, and our experienced customer services team will assist accordingly.
Insurance is an arrangement by which a company provides you, the policyholder, with the guarantee of compensation or financial protection of an asset against specified loss, damage, illness, or death in return for payment of a specified premium.
An excess is an agreed amount of money that you are liable to pay in the event of a car insurance claim being settled.
Yes Loans offers insurance for sickness and accidents, your car, gap or shortfall insurance, warranties and loan protection. Our team is always on hand to explain our insurance in detail. Get in touch with them today for more.

It is a loan condition of all the lenders we deal with that the vehicle being financed is comprehensively insured.

Comprehensive insurance offers protection for fire, theft and collision damage.

The amount of insurance and even the type will vary from individual to individual.

The minimum and only compulsory insurance is comprehensive cover for the purchase price of your vehicle.

There are a number of factors that contribute to how much you pay for insurance. These include:

  • The make and model of the car you drive
  • How much you drive and your driving record
  • Age and gender
  • The area you live in
Our head office is located at 263 Albany Highway, Victoria Park, Western Australia, WA 6100
You must be at least 18 years old to apply for a loan.

$5,000

Up to 7 years
30 days
Yes, if you receive pre-approval on your loan it is valid for 30 days. Learn more about finance pre-approval.
The interest rate is fixed for the term of the loan, so no interest rate rises.
Yes, we have a number of financiers that will lend on an unsecured basis.
Yes, but the loan term can only be for the remaining term on your visa (e.g. If the visa is for 5 years and you have already been here for 24 months, then the maximum loan term is 3 years).
Often no. A deposit may be required depending on previous credit history or the value of the goods being financed.
Yes, we have low doc loans available to self-employed and contractors that have an ABN number.
Yes, we have access to boats, trucks, caravans, plant, equipment, computer, motorcycles and personal loans. These loans can be used for personal or business use.
Banks and other financiers will use a credit score to help determine whether they will lend you money. Your credit score is partly determined by your stability (how long you have been at your address and employment). Defaults, court writs and summons also have a negative impact on your rating. The number of enquiries you make will also impact your credit score. The more enquiries over 12 month period can lower your score.

Need $5000 or less?
Our referral partners at MoneyBuddy may be able to assist with a personal loan from $500 – $5,000!
Easy application process and apply within minutes. Get started today!

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