Varlo Finance

Varlo Finance, credit brokerage in West Perth

Varlo Finance is a credit brokerage with an office in West Perth, Western Australia, that arranges commercial, consumer and home loans. The firm presents itself as a partner that works with more than 50 lenders and serves clients across the country, with the stated aim of reducing the uncertainty of the finance process by explaining options, conditions and terminology to those who are not familiar with the sector.

Commercial finance

The commercial area is aimed at businesses looking to grow, expand or upgrade their facilities. The firm states that its brokers analyse each business's situation and expansion plan to design an ongoing financing solution tailored to its needs. Among the products it offers are asset loans, business loans, invoice finance, trade finance, lines of credit and overdrafts, chattel mortgage, farming equipment loans, truck and trailer loans, machinery and plant equipment loans, and balloon refinance.

Consumer finance

In the consumer segment, Varlo Finance covers car loans, caravan loans, boat and jetski loans, motorbike loans, personal loans, holiday loans, renovation loans, sheds and patios loans, dental and cosmetic loans, extra cash and balloon refinance. The firm says it supports the client throughout the entire process and seeks the best possible deal for each purchase.

Home loans and loan health check

The firm also offers home loans and a loan health check service, aimed at assessing whether the current terms of a loan are still suitable.

Insurance and warranties

Varlo Finance offers insurance products and warranty options designed to protect the financed asset. According to its presentation, these warranties provide comprehensive mechanical coverage to prevent a breakdown or the cost of parts from becoming a financial burden for the client.

Working method and financial education

The company maintains that lack of knowledge is the main source of apprehension when seeking finance. That is why it explains the loan application process, the pros and cons of each option and any terms the client does not understand. The firm argues that an informed client can make a sound decision about which finance suits them. It also stresses that transparency about fees is a feature of regulated brokers, who must act in the client's interest, and recommends asking about the standard stages of an application and the documentation required, such as identification and payslips.

Frequently asked questions about commercial loans

In its FAQ section, Varlo Finance states that around 88% of people seeking finance use a broker, rather than going directly to the bank, because the broker widens the range of available loans. The firm states that its clients can choose from more than 50 commercial lenders. It also defines a balloon payment as a sum paid at the end of the term that can be used to reduce the monthly payment over the life of the loan.

Corporate structure and regulation

Varlo Finance operates under KRJ Holdings Pty Ltd, Australian Business Number (ABN) 61 669 292 175, as Authorised Credit Representative No. 552022 of Fintelligence Pty Ltd (ABN 80 625 017 174), holder of Australian Credit Licence No. 511803.

Location and contact

Level 6 1260 Hay Street, West Perth, WA, 6005 · Phone: 08 6383 5485 · Email: info@varlo.au