Asset Finance Approval Timeframes
Most straightforward applications settle within 48 hours. Here's what to expect at each stage.
Typical Timeline
1
Application & Documents Completed
Same DayComplete your application and provide documents — we handle everything on the same day.
2
Initial Contact
Within 5 MinutesOne of our finance specialists will be in touch within 5 minutes of your enquiry.
3
Lender Submission
Same Day (1-2 Hours)Your application is submitted to the most suitable lender(s) within 1-2 hours.
4
Conditional & Final Approval
Within 24 HoursMost lenders provide conditional and final approval within 24 hours.
5
Settlement
Within 24-48 HoursFunds are released to the dealer or seller. Some lenders will be able to settle same day.
What Affects Your Timeline
What speeds things up
- Having all documents ready before applying
- Responding quickly to requests for information
- Clean credit history with no defaults
- Straightforward employment or business structure
- Purchasing from a dealer (vs. private sale)
What may slow things down
- Incomplete or missing documentation
- Complex business structures or trust arrangements
- Credit history issues that require specialist lenders
- Large loan amounts requiring additional assessment
- Private sales requiring independent valuations
Timeframe FAQs
Ready to Get Started?
Submit your application now and we'll have you on your way within 48 hours.