Verified and reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 24 August 2026 · About Corey
What needed to be solved
The director's personal taxable income appeared low because earnings were retained in the company and paid through distributions, making a salary-only assessment unrepresentative.
Credit file
820 score and property ownership.
What X Lend did
X Lend structured the application as commercial vehicle finance and found a bank that assessed the company's trading strength rather than relying only on the director's personal taxable income.
The 2026 mercedes-benz gle submission was matched to bank commercial vehicle lender and moved from application to settlement in 3 business days.
Settled outcome
Approved on the first lender enquiry and settled at a historical rate of 7.59%, with a 30% balloon used to manage the scheduled monthly repayment.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Evidence supplied
- Company financial statements
- Tax returns
- Accountant letter
- Business bank statements