The Lenders We Compare
One application, compared across a panel of more than 60 lenders. Here is who sits on it, and the kind of borrower each one tends to suit.
Walk into a bank and you get one credit policy. If your file fits it, you get a good answer. If it does not, you get a no, and nobody at the counter can tell you which lender would have said yes. A dealership finance desk has the same problem from the other direction — it works from a short list of lenders, and the order of that list is not always about you.
A panel fixes that. We take one application and put it in front of the lenders whose policy it actually fits. More than 60 sit on the panel. The ones named on this page are the large, widely used ones, and the list is not the whole panel — it changes as lenders change policy, enter a market or leave one.
A Lend Finance Pty Ltd is a credit representative (Credit Representative Number 568862) of Rivercity Finance Pty Ltd, Australian Credit Licence 539918, and reaches these lenders through that authorisation. Naming a lender here does not mean that lender endorses, sponsors or recommends us. It means we can put your application in front of them and compare what comes back.
Banks and major lenders
The names most people already know. They price well when a file is clean and fully documented, and they are usually the first place we look for a borrower with steady income, a good repayment history and a mainstream asset. Their credit policies are narrow, though. One thing out of place and the answer is no, with nobody at the counter able to tell you why.
ANZ
A big-four bank. Suits a clean credit file and fully documented income, and established businesses buying a mainstream asset.
Westpac
A big-four bank with a long-running asset finance arm. Suits documented income, clean credit and a standard vehicle purchase.
BOQ
Bank of Queensland. Writes both consumer and commercial vehicle lending, and is worth a look for professionals and for small businesses that have been trading a while.
Macquarie
One of the biggest names in broker-written car and equipment finance. Prime borrowers, and it moves quickly when the paperwork is complete.
RACV
The motoring club's lending arm. Consumer car loans for borrowers with steady income and a good credit history.
Non-bank and near-prime lenders
Non-banks fund themselves differently and write their own credit policy, so they read the same application differently to a branch. Some of them want a good credit history; others exist precisely because a default from a forgotten phone bill should not cost someone a work ute for five years. Between them they cover the ground the banks leave empty.
Pepper Money
One of the largest non-bank asset financiers in the country, writing across the credit spectrum. Often the answer when a bank declines for a reason that is not really about risk.
Liberty
Reads the whole story rather than a single score. Useful for self-employed borrowers, and for people with a credit event behind them that they can explain.
Latitude Financial Services
Consumer lending at scale, covering personal loans and secured car loans. Suits PAYG borrowers, including those buying privately rather than from a dealer.
Firstmac
A large Australian non-bank, best known for home lending. Its car loan suits prime borrowers, and homeowners in particular.
Money3
A specialist in near-prime and used vehicle lending. Suits borrowers whose credit file has history on it that a bank will not look past.
Morris Finance
A long-standing Australian financier covering vehicles and equipment for both consumers and trading businesses.
Azora Finance
A non-bank consumer asset financier. Considers borrowers who sit just outside bank credit policy rather than well outside it.
Car and asset specialists
Lenders that do one thing. They know what a twelve-year-old dual cab is worth, they are used to private sales, and they take assets a general lender would rather not hold security over — bikes, jet skis, boats. When the asset is the sticking point rather than the borrower, this is where the file goes.
Greenlight Auto Finance
A dedicated car finance lender. Used for consumer vehicle purchases from a dealer or a private seller.
Branded Financial Services
Consumer asset finance, long established in the dealer and broker market. Cars, motorbikes, marine and caravans.
Affordable Car Loans
A consumer car lender. Considered for borrowers who want a straightforward vehicle loan without a dealer in the middle.
Finance1
Near-prime consumer lender. Considers applicants recovering from defaults or a discharged bankruptcy, assessed case by case.
Australian Motorcycle & Marine Finance
Exactly what the name says: bikes, boats and jet skis. Relevant when the asset is leisure rather than a car.
Commercial and equipment lenders
Business files get judged on different things: how long the ABN has traded, whether the director owns property, whether the asset earns money. These lenders are built for that. Several will write a low doc deal off an ABN and bank statements where a bank would want two years of tax returns, which is what makes them the backbone of the panel for tradies, transport operators and owner-drivers.
Angle Finance
Commercial asset finance for vehicles, trucks and equipment. Comfortable with established ABNs and with property-owning directors.
Metro Finance
Commercial vehicle and equipment lending at volume. Fast when the business is established and the asset is a mainstream one.
Flexi Commercial
Commercial equipment finance, including technology and fit-out assets that a bank will not usually secure a loan against.
Grow
Asset, trade and invoice finance for small and medium businesses. Useful when the funding need is broader than a single vehicle.
Thorn Business Finance
Commercial equipment and asset finance for small and medium businesses buying plant, machinery or fit-out.
Prospa
Small business lending with a quick turnaround. Relevant for working capital sitting alongside an asset purchase.
Moula
Business lending assessed off accounting data rather than a stack of paperwork. Suits businesses whose bookkeeping is up to date.
Personal and consumer lending
Not everything is secured against a car. Older vehicles, private sales, and purchases a secured lender will not take as security all get funded here instead. These lenders assess the person and the income rather than the asset, so the paperwork is usually lighter and the timeline shorter.
Plenti
An Australian non-bank doing car, personal and renewable energy lending. Strongest for salaried borrowers with a good credit history.
Wisr
Non-bank consumer lender covering secured car loans and personal loans. Aimed at borrowers with solid credit files.
Now Finance
Secured and unsecured personal lending with a quick assessment turnaround. Suits PAYG borrowers who want a simple loan.
Society One
Personal lending for borrowers with good credit. Useful when the purchase cannot be secured against the asset itself.
Moneyplace
Personal lending assessed on the individual rather than a rigid scorecard. Suits borrowers with steady, evidenced income.
How we pick which lender sees your file
We do not shotgun an application across the whole panel and see what sticks. That is how people end up with a credit file full of enquiries and a worse answer than they started with. We read the file first, work out which lenders write that kind of deal, and go to the small number that genuinely fit.
Four things usually decide it. What the asset is, and how old it is — a three-year-old dual cab and a twelve-year-old excavator go to different places. How the income is evidenced: payslips, or an ABN and bank statements, or full financials. What the credit file looks like, including anything on it that needs explaining. And what the loan is for, because a business-use asset and a family car are assessed under different rules and often under different paperwork.
Once that is clear, the shortlist is usually three or four lenders, not thirty. You see what each one offered and why we think one beats the others. If your own bank comes back best, we will tell you that too.
Why the panel matters more than the brand name
Most people arrive with a lender already in mind — usually whoever they bank with. That is a reasonable starting point and a poor finishing point. Credit policy moves constantly. A lender that was the sharpest option for self-employed borrowers eighteen months ago may have pulled back since, and a name you have never heard of may now be the obvious answer for your situation.
The panel also covers the gaps. Near-prime lenders exist because a default from a forgotten phone bill should not cost someone a work ute for five years. Commercial lenders exist because a sole trader with a two-month-old ABN and a real contract in hand is not the same risk as an unemployed applicant, even though a bank scorecard reads them the same way. Having both ends of that range on one panel is what lets us give a straight answer instead of a shrug.
What happens to your credit file
Getting your options priced involves a credit check. That check does not affect your credit score. What does affect it is a string of formal applications lodged with lender after lender, which is exactly what we are trying to avoid by reading the file properly before we submit anything.
Nothing on this page is an approval or a promise of one. Every lender listed makes its own credit decision under its own criteria, and any of them can decline. What we can promise is that your file goes to the lenders it fits, and that you hear the outcome plainly either way.
Lender names on this page are the trade marks of their respective owners and are used to identify the lenders we compare. Listing a lender does not imply any endorsement, sponsorship or affiliation. The panel exceeds 60 lenders and this list is not exhaustive. Lending is subject to each lender’s credit criteria, terms and conditions, and fees and charges apply.
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