Low Doc Camper Trailer Finance
Red tape and a lack of documentation can make obtaining camper trailer finance difficult when you are self-employed or running a business. Low doc camper finance may be the answer. Especially if you have not completed your latest tax return or simply do not feel comfortable sharing information, such as profit and loss or bank statements.
Benefits of Low Doc Camper Trailer Finance
Low doc car finance has benefits that you can apply to your purchase.
- No or low documentation required as proof of income.
- GST and other tax breaks.
- Fixed competitive interest rates.
- Easy monthly repayment schedule.
- Quick finance approvals – most within 24 hours.
- Finance terms lasting up to 7 years.
- Balloon payment option.
Tax Breaks for Business
Business owners obtaining low doc camper trailer finance may be able to claim GST benefits and tax deductions if they are an ABN holder. Businesses registered for GST can claim the GST portion of the purchase price. Additionally, interest on the camper trailer loan can be claimed as a tax deduction.
The ATO has extended the instant asset write off and increased its threshold. This can provide cash flow benefits for businesses that can immediately deduct purchases of eligible assets each costing less than $150,000. The threshold applies on a per asset basis, so eligible businesses can immediately write‑off multiple assets. Find out more here.
Please check with your accountant on how these different options may be applied to your individual situation.
Finance Repayment Calculator
Doing your homework and planning ahead will make sure that the finance option you choose suits your business and your budget. Our camper trailer finance calculator tool is on hand to help you. By estimating the amount you wish to borrow, the finance term and an interest rate you can ascertain an approximate monthly repayment.
Keeping it Insured
Whether the problem is big or small, there is an insurance product available to make sure your camper finance and subsequent camping adventures go off without a hitch.
All low doc finance contracts require the purchaser (you) to take our comprehensive insurance over the camper trailer. This type of insurance protects against fire, theft and accident.
Loan protection insurance protects against unexpected loss of income due to accident or illness. Gap or shortfall insurance protects the ‘gap’ between the payout if the camper is written off and what is left owing on your finance contract. These insurance products are essential to protect both your camper, your finance and your credit rating.
Get in Touch Today
If you want to know more about low doc camper trailer finance or want to apply, please get in touch. Call and speak to one of our finance experts on 07 5437 6988. Alternatively fill out an online enquiry form and we will be in contact promptly.
With so many benefits available, low doc camper trailer finance is a must for those who find themselves in a situation where traditional lending is out of reach. We can even organise pre-approval finance.