Aruva’s Easy Finance Option

Finance your modular unit over 5 years

Own it from day one

What is it?

A secured equipment loan (previously known as a chattel mortgage) arranged through Earlypay.

You own the unit immediately.

Loan is repaid over 60 months (5 years) or less.

Fixed interest rate (currently from 9.75% p.a.).

Optional residual/balloon payment at end to reduce weekly repayments.

Who is it for?

Businesses with an ABN and at least 2 years trading history.

Unit must be used mainly for business purposes (e.g. worker accommodation).

Borrower or guarantor must be a property owner or mortgagee.

Equifax score over 524 and satisfactory credit history required.

ATO tax debt must not exceed 10% of turnover (if >$100K, must be under a payment plan).

Borrowing limit up to $500,000 per client.

How does it work? Step-by-Step Process:

Step 1

Get a formal quote, sign the contract, and pay holding deposit. Obtain a formal quote from Aruva, sign the contract, and pay a $1,000 holding (fully refundable) deposit to proceed on a finance-approved basis.

Step 2

Broker manages application. Aruva will refer you to JLM Brokerage, who will guide you through the finance application. JLM works directly with Earlypay to finalise your loan.

Step 3

Submit a few simple details. The broker will tell you exactly what’s needed and help you collect it. This usually includes: Basic ID; Business info (like ABN and time trading); ATO portal summary (ICA & ITA), especially if you have any tax debt; Bank statements via a secure link. It’s a straightforward process and support is available the whole way through

Step 4

Earlypay assesses your application. Approval in 24 to 72 hours in most cases if criteria met.

Step 5

Loan is approved and settled. You pay a 10% deposit to Earlypay, and then Earlypay pays Aruva directly for the whole unit.
You take delivery of the unit and start your repayments.

FAQs

If you’re registered for GST, you can generally claim the full GST amount upfront in your next BAS. You may also claim interest and depreciation (ask your accountant).

Aruva can discuss alternate payment options. You’re not locked in until finance is approved.

Just fill in the details below and email your Aruva salesperson (contact provided separately).