Motor Vehicle Equipment Loan

Does your business need a new vehicle? This loan will help you finance a new or used motor vehicle for your business.

Features

  • Available for new (up to six months old) and used (up to three years old) vehicles to 3.5 tonne Gross Vehicle Mass
  • Vehicles must be sourced from a licensed dealer/auctioneer
  • Variable and fixed interest rate options available
  • Maximum term six years (new vehicles) and five years (used vehicles)
  • Minimum loan amount $20,000
  • Maximum loan amount $100,000
  • No monthly administration fee
  • Vehicle used as security for the loan

Rates & Fees

Interest Rate

1 year fixed5.79%
2 years fixed5.85%
3 years fixed5.85%
4 years fixed5.85%
5 years fixed5.85%
6 years fixed6.19%
variable6.19%
Rates effective from 24/08/2016
Monthly administration fee $0
Application fee $200

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

To approved applicants only. Fees, charges and conditions apply.