Where Wave Money
Service – Direct, Simple and Fast
At any stage in the lending process our broker partners can pick up the telephone and have a conversation with the Wave Money person that owns the file and makes the credit decision. Same day approvals and tight settlement timeframes when you need it.
Policy – More Approvals, More Often
Delivering positive outcomes to an increasing pool of borrowers whose needs are not being met by many bank and non-bank lenders. When servicing doesn’t work with another lender, talk to the team at Wave Money.
Price – Competitive
Market leading amongst non-banks and banks.
Product – Feature Rich
Feature-rich and designed for PAYG and self-employed borrowers with specialised and complex needs. Includes offset, redraw and online and telephone access for customers.
First Wave (Prime) delivers an optimum range of solutions for both PAYG and self-employed applicants who have complete and up to date supporting documents for income verification but whose needs fall outside lending solutions offered by many bank and non-bank lenders.
Set Wave (Alt Doc and Alt Doc Plus) delivers simple solutions for self-employed applicants who require different methods of income verification.
In some instances, comprehensive full business financials are not available, or do not accurately reflect the current trading of the business.
A complex business structure makes providing full documentation prohibitive. When applicants can verify their income through other means.
Peak Wave (Specialist) delivers a set of solutions for applicants who:
- May have a lower credit score (as low as 500)
- May want to consolidate a larger number of debts (including ATO debt) or pay out private lenders
- Are looking to borrow in the name of a Company or Trust
- Require larger amounts of cash out
- Require cash out for business purposes
These solutions are available for both PAYG and self-employed applicants who have complete and up to date supporting documents for income verification or may require Set Wave (Alt Doc and Alt Doc Plus) income verification.
For all lending scenarios, information and assistance please contact your Broker Relationship Manger.