Loan terms at Loan Pair typically range from 1 to 7 years, depending on the type of loan and your financial situation. The exact term can be tailored to fit your budget and repayment preferences.

Yes, Loan Pair allows you to finance assets purchased privately, not just through dealers. Whether you're buying from a private seller or a dealership, we can help you secure financing.

Many of the loans available through Loan Pair allow for extra repayments without penalty, helping you pay off your loan faster. However, this depends on the lender's terms, so it’s important to check the specifics of your loan agreement.

For a business loan, you typically need to provide identification then depending on the borrow size and your profile you may not need to provide anything else. Sometimes we may ask for bank statements, activity statements or financials depending on the lenders requirements.

For a consumer finance application, you'll generally need identification, proof of income (such as pays lips), bank statements, and details about the asset you wish to finance. The specific documents may vary depending on the lender.

Yes, Loan Pair works with lenders who specialize in financing for individuals with bad credit. While terms may vary, we strive to find a loan option that suits your circumstances.

Interest rates are calculated based on factors such as your credit score, the type of asset being financed, loan amount, and term length. Lenders assess the risk involved to determine the appropriate rate for your loan. This can vary between the 6.x% range and as high as 40.x% for some lenders with high risk.

Once your loan is approved, you'll receive a loan contract outlining the terms. After signing, the funds will be disbursed either directly to you or to the asset seller, depending on the loan type. You’ll then begin making repayments according to the agreed schedule.