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Can I obtain a car loan if I am self-employed?

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 Yes, absolutely. In fact one of the perks when running your own business is that you may be able to claim part of your car's costs including loan interest, as a tax deduction. This can make your choice of car finance, surprisingly affordable and you should chat with your accountant surrounding your eligibility and the taxation benefits.

Lenders generally look for income tax returns and accounting records to determine your income however being self-employed for more than 2 years on occasion we may not even require those as long as you have a clean credit rating and you are a property owner.
We have a number of options available by way of Chattel Mortgage and Leasing so it will depend on your current circumstances to work out what best suits your needs.
Partnering with a reputable broker with access to a generous panel of lenders doesn't just streamline the process of securing finance for your vehicle. It also means you don't have to do any legwork in hunting down the right loan. 
Your broker does it all for you and has access to a number of different lenders, therefore not only being able to service your needs at the cheapest rates but also having the flexibility to a range of different products. 
This varies from no monthly administration fees to no early payment penalties and also the flexibility of low fixed interest rates and options to make payments weekly/fortnightly/monthly
It is also interesting to point out that this type of finance does not only exist for cars. 
Being self-employed we can often help with all sorts of chattels, plant and equipment for business. In the past I have lent money against a tractor so a farmer could upgrade to handle large round bails to a new custom built refrigeration set of doors for a service station. 
So is cash flow is an issue or even a consideration then it could be worth talking to a broker to see what options are available. 
 

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