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How long is the approval process?
We have a dedicated team that works quickly to process applications. Once we have collected the information required for your specific circumstance, you can expect an approval outcome within 1 business day.
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How do I apply?
You can apply online at (www.creditstrength.com.au/apply) or over the phone 1300 571 816. It only takes 5-minutes to get started.
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Do I need an up-front deposit?
No deposit is required with our rent to own product. Credit Strength will finance 100% of the purchase price of your equipment. In specific circumstances, we may require an upfront rental payment, but we’ll discuss this with you as part of the application & approval process.
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What term can I have?
Our rental agreements can be anywhere from 6 months to 60 months. The type of equipment you are looking to fund and the way you’re going to put it to work will help us work this out together.
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What sort of equipment do you only fund?
Generally we will fund most income producing equipment up to 20 years of age. We specialise in transport equipment but regularly fund yellow goods. Speak to a member of our team to discuss your needs!
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What information and documents do I need to provide?
We require the following documentation to begin a rent to own application:
Start-up:
100 points of ID
Registered ABN
Confirmable work source
Proof of relevant industry experienceExisting entity:
All of the above and,
3-months bank statements
Latest financial reports -
How much can I borrow?
This will be determined throughout the application & approval process. Key factors we will consider here is the level of revenue you expect to generate from putting your equipment to work.
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Can you help me find equipment?
Absolutely. Credit Strength has a dedicated stock and purchasing team able to source heavy equipment for any work purpose Australia wide.