Speciality Lending

What is Specialty Lending?
A large part of Specialty lending is about giving a second chance to those borrowers that have impaired credit history. In most circumstances the impairment is due to a once off event such as illness, marital separation, a death in the family or a failed business. Speciality lending offers a second chance to these borrowers who can show a genuine ability to get back on track. Power Loan has many products on offer to suit these types of clients:

Motor Vehicle Loans

• Secured Car Loan
• Must be Australian Resident
• Loan amounts up to $60,000
• 2yr to 5yr terms
• New and Used Vehicles

Home loans

• No account keeping fees
• No ongoing fees
• Telephone and Internet access
• Additional repayments
• Redraw
• BPay Credit
• Direct Salary Credits
• Vacant land
• Full Documentation and Limited Documentation programs available
• Lender Settlement Fees are applicable
• Loan amounts up to $3,000,000
• LVR up to 90%