HOW CAR FINANCING WORKS?
Applying for car financing through Linvest Capital is a convenient and hassle-free way to obtain a car loan. The following are the steps involved in the process:
Supply information:
You will need to provide us with your personal and financial information. This will include your credit score, income, employment history, and any outstanding debts or loans.
Discuss your needs and preferences:
It is important to discuss your needs and preferences with the broker. Let them know what type of car you want to purchase, your budget, and any specific features or requirements you have.
Receive loan offers:
We will use your information to search for loan offers from various lenders and then provide you with a list of loan options, along with their terms and interest rates.
Choose a loan:
After reviewing the loan options, choose the one that best suits your needs and budget. Discuss the loan details with the Linvest staff, including any fees or charges associated with the loan.
Submit the loan application:
Once you have selected a loan, Linvest will help you complete the application process. We collect all the necessary documents, including proof of income and employment, and submit them to the lender.
Wait for approval:
The lender will review your application and decide whether to approve your loan. This process usually takes a few days, but it can take longer depending on the lender.
Buy the car and drive away:
Once your loan is approved, you can use the funds to purchase the car. The lender will pay the dealer directly, and you will be responsible for repaying the loan according to the terms and conditions of the agreement with the lender.