When you apply through a specialist broker, such as Rapid Finance, we can generally get your loan application approved within one or two days of application. The speed of car loan approval varies among our panel of lenders. Some lenders can provide a decision within minutes and disburse funds within a day or two. Traditional banks might take longer, often a few business days. Keep in mind, though, that this is dependent on you providing all the necessary documents promptly and accurately. Learn more about car loan approval times.