How It Works

Applying to Driving

Who qualifies for a vehicle loan

Getting vehicle financing is a breeze with us! Qualify easily if you meet these simple requirements:

  • Be at least 19 years old
  • Hold a valid driver’s license
  • Show verifiable income from various sources: full-time, part-time, self-employment, pension, disability, child tax credit, or court-ordered child support.
  • Maintain a monthly gross income of $1800 or more. Drive your dream car today!”

What You Need

Congratulations on qualifying for a loan! To secure your approval, simply provide the lender with the following:

  1. Copy of your driver’s license.
  2. Proof of income (e.g., current paystub, employment letter, T4, T4E, bank statements).
  3. Copy of your void cheque or pre-authorized payment form.
  4. Proof of full coverage insurance.
  5. Three personal references. We’re here to make the process smooth and hassle-free for you!

What we finance

We have a wide network of lenders, each with unique programs and requirements. Here are some general guidelines for the vehicles we can finance:

  • The vehicle must be no older than 12 years from the current year. For example, in 2023, we can finance a 2011 or newer model.
  • The odometer should show less than 180,000 kms.
  • The carfax report should not indicate damages exceeding $7500 or any current lien. We can verify this for you.
  • The vehicle registration should not be branded as rebuilt, salvage, or written off.
  • We finance consumer units only, not commercial vehicles like taxis, tow trucks, or plow trucks.
  • The vehicle must be roadworthy and have a valid motor vehicle inspection.

Our team is here to assist you in finding the perfect financing option for your preferred vehicle. Don’t hesitate to reach out; we’re eager to help you hit the road with confidence!

Our process

Welcome to our Process! After applying and verifying your income, we’ll review your approved interest rate and qualified amount. Our aim is to align with your desired monthly vehicle budget, helping you determine the ideal price range for your purchase.

Remember, you’re never obligated to proceed if the interest rate or loan amount doesn’t meet your expectations. We’re dedicated to providing all the information you need to make an informed decision for your vehicle loan—because that’s the least we can do for you. Drive confidently with us!

Pick your ride

At Gateway Financing & Auto Sales, we stand out from traditional dealerships. While based in Moncton NB, we don’t have a car lot. Instead, we have access to thousands of vehicles from dealer partners and auto auctions. Just let us know your preference, and we’ll find it for you.

Rest assured, every vehicle we sell comes with a Fresh MVI, a carfax, and is professionally detailed. If you’ve already found a vehicle through a private sale, we can still help with financing. We’ll work out the numbers, loan terms, and monthly payments. To ensure a smooth process, we’ll conduct a carfax check and lien search. Leave the details to us; it’s what we do every day!

Driving away happy

Great news! Now that you’ve chosen your vehicle and completed the necessary checks, let’s wrap up the paperwork.

Our credit specialist will guide you through the loan documents, addressing any queries. This can be done at our office, a dealer partner’s location, online, or over the phone.

Once all documents are signed, and your questions are resolved, it’s time to pick up your vehicle.

You’ll receive a temporary permit, allowing you to drive away immediately. Your vehicle registration will be sent to you by mail within two weeks. Get ready to hit the road with ease and excitement!


Finance Q&A

Yes. Many dealerships view bankruptcy as a bad thing. We view it as a fresh start and there are excellent programs available to help you into your next vehicle. Auto Loans with 99% Approval whether you have no credit, bad credit, or good credit, we’ll get you into a great vehicle today with our fast & easy process!
Every time you apply for a loan it will be reported on your credit bureau. When you apply for a pre-approval we target the lenders that are most likely to give you favorable response – reducing the total inquires to your credit file.
Yes as we have many lending programs dedicated to people who are new to credit.
There are specific programs available through our lender partners to help with people while still in bankruptcy/consumer proposal. This will take a little extra time as we will require some information from your trustee, but there are still great options available.
Don’t worry. Most people still owe money on the car they want to trade in. We apply the positive or negative equity towards your new monthly payments.
Yes. And in most cases we can use your trade in as your down payment to help lower your monthly
In most cases a down payment is not required.
The total amount that your loan will be pre-approved for, depends on several factors. Our financial specialist will work hard with you to find a vehicle that fits comfortably into your monthly budget.
Applying Online is free! If and when you decide to purchase a vehicle whether it be cash or taking advantage of one of the finance programs, we will go over all costs associate with buying a vehicle.
We work with all the major non-prime lenders who specialize in: bad credit, no credit, slow or late repayments, repossessions, good credit, bankruptcy, divorce, consumer proposals, new to country, R9’s, self-employed, and many other unique situations.
Once you submit your credit application, from there they will work as quickly as possible to secure an approval for you. Often times you are able to pick up a vehicle with 2 days.
Interest rates vary depending on a variety of factors, however our rates do start as low as 4.9%. The easiest way to know exactly what you’ll be looking at is to apply online and one of our credit specialist will contact you and go over all the details.
Yes, less than perfect credit is what we specialize in. Gateway Loans works by matching you up with the best possible lender, based on your credit situation giving you the best chance of an approval.
We have extensive resources, special finance lenders and experience in helping people with less than perfect credit. Even if you have been turned down recently for a car loan, we may have access to lenders others don’t.


Lisa m
Lisa m
July 11, 2021.
What can I say about Mark and Mia?! Other than AMAZING! This is our second car purchased through them. I was in -my own opinion - a royal pain during the process this time - Sorry guys! Mom of 3 with no car I was in panic mode! They were very reassuring and extremely kind during the whole ordeal. I landed another amazing vehicle, with the same amazing service. I never ever doubt the quality or worry about what things they may have overlooked. Mark is very honest and upfront with information what he has done to the vehicle. Carfax was available, and we even went through that together, incase I had any questions. If you're in the market for a new car, and you don't go see Mark and Mia, then you are missing out on a dealer you can truly trust. Thanks Again guys! Cant wait to bring my new girl home tomorrow!
Gabriel Leblanc
Gabriel Leblanc
June 19, 2021.
Amazing service. I am a car dealer near Gatewayloans and we use their services often. Our customers are always very pleased with the service they get from Gateway. They make it easy for us to sell cars, and also for customers to purchase. We will continue to use gatewayloans as our lending company for years to come.
Andrea Whelan
Andrea Whelan
June 16, 2021.
Marc and Mia well deserve the good reviews they have! They are helpful, kind and efficient. I am so happy with my new to me vehicle. They made sure I got just what I was looking for and for the best price possible. I didn’t even have to leave my house. Amazing service and lovely people. I actually felt like they wanted to help me, not just upsell a vehicle which we all know is not often the case.
Mel G
Mel G
June 12, 2021.
To say they went above and beyond would be an understatement! When everyone else said no, they not only found a bank to work with me but got me what I wanted . I'm beyond happy with the service receive and will be a return customer for all my financing needs!! Thanks so much Marc and Mia
Roland Savoie
Roland Savoie
January 16, 2021.
I was in need of a new vehicle immediately. Marc was able to help get find something in my price range and in great condition! He also made the procedure for financing simple. But on top of that, when I got the vehicle, there was a problem with the radio. Marc worked with me to find a solution and within a few days did just that! Thank you Gateway! I recommend them to anyone looking for a vehicle.
August 21, 2020.
Always great dealing with Marc, He always does whatever he can to make sure the customer is happy. One of the most honest dealers that I have ever come across.
Big Canuck
Big Canuck
February 7, 2020.
Marc was extremely helpful in finding us a vehicle. I would highly recommend anyone looking for a vehicle to give him a call.
Mathieu Mallet
Mathieu Mallet
January 17, 2020.
Exceptional service from Marc and company ! He found us the car we wanted quickly. He was also extremely helpful and replied to all of our questions and concerns extremely fast. If you are looking for fast, effective, and quality service, Marc at "Gateway Financing & Auto Sales" is the guy to call. Thank you for everything Gateway Financing
Brad Reeder
Brad Reeder
October 29, 2019.
This is my second time dealing with gateway and was in need of somthing quick they found me somthing the very same day and got me in it even quicker love the suv they found me most honest sales man ive ever met i wont go anywhere else.