The Gateway Process

The vehicle financing process can be a complicated web of confusion for most, we commonly receive a lot of questions on how loan process works. So we’ve created a wonderful roadmap showing the steps in our loan process.

The loan application process varies slightly depending on the type of vehicle you are purchasing. For the below example, we’ve used our most popular car loans to illustrate how we conduct your finance application for you.

Gateway Financing & Auto Sales process roadmap

The Step By Step Gateway Process.

Gateway process start here

First you decide it’s time to get a new car

Gateway process new car idea

You start looking at cars and find one or two you might like to buy

find a car for sale

You do some research on borrowing and end up finding Gateway Financing & Auto Sales

discover Gateway Financing & Auto Sales

You get in touch via a simple form on our website or a phone call

call Gateway Financing & Auto Sales

An experienced Gateway Financing & Auto Sales Lending manager calls to discuss finance options with you

chat to positive lending consultant

We make life easy, you can complete the application over the phone or via our website

apply for loan by phone or web

We’ll also ask you about the vehicle you’re looking to purchase

we help with vehicle sourcing

Our specialist lending manager gathers your details and any lender required documentation

loan documents and details for fast approval

Your enquiry is submitted electronically to the lender best matched to your needs

we find the best finance deal for you

The lender responds promptly and we call you to convey this information

bank responds we convey

If the lender requires extra clarification, we will follow this up with you

follow up with lender

Once the lender grants pre approval – let’s start the hunt for a car!

loan preapproval

Our vehicle locator will begin scouring the market for your new car

our vehicle locator looks for cars

We’ll find a great value car to your requirements

find a great value car

Now, we resubmit your loan back to the lender with information on the vehicle you’re purchasing

resubmit loan with vehicle

Lender does their final checks, if all good, provides unconditional approval

loan approval

The lending manager calls to congratulate and take you through the final steps

positive lending manager calls to congratulate

We’ll help organise comprehensive car insurance and other additional warranties you need

help organise comprehensive car insurance

Your expert lending manager will email your loan documents directly to you to complete

approved loan documents sent

Once sent back, we check everything is completed perfectly and send to lender for settlement

loan settled

Your Car Loan settles – lender lodges documentation, funds are transferred

lender transfers funds

Time to celebrate and pick up your car

celebrate your new car
another happy Gateway Financing & Auto Sales customer