Motor Vehicle Equipment Loan

Our Motor Vehicle Equipment loan is a business car loan that can help you finance a new or used car for your business.  

Features

  • Loans from $20,000 to $100,000
  • No monthly administration fee
  • Variable and fixed interest rate options available
  • Available for new and used vehicles up to three years old (up to 3.5 tonne gross vehicle mass)
  • Loan terms up to five years for new and used vehicles
  • Vehicle used as security for the loan
  • Vehicles must be sourced from a licensed dealer/auctioneer
  • Balloon final payment on fixed rate option for new vehicles only
Apply now
Tips on applying for a business loan
Rates

Interest Rate
1 year fixed
2 years fixed
3 years fixed
4 years fixed
5 years fixed
Variable

1 year fixed

Interest Rate
4.40%

2 years fixed

Interest Rate
4.40%

3 years fixed

Interest Rate
4.45%

4 years fixed

Interest Rate
4.50%

5 years fixed

Interest Rate
4.60%

Variable

Interest Rate
4.45%
Rates Effective From 19/11/2020
Interest Rate
Indicator Rate Motor Vehicle Equipment Loan

Indicator Rate Motor Vehicle Equipment Loan

Interest Rate
4.54%
Rates Effective From 19/11/2020
Fees

Monthly administration fee $0
Application fee $200
Apply now
These articles may help you

How to choose a business structure

Starting a business involves a number of steps. To start with, you will need to decide on a business structure.
Learn more

Tips on applying for a business loan

Senior Business Banking Manager Charlton Nevis, gives his tips on how to prepare yourself before applying for a business loan. 
Learn more

Best Podcasts for Business: Our top 5

Check out our top 5 recommendations on podcasts that you can listen to right now to support you and your business.
Learn more

Small business pricing strategy: getting the most from what you do

We’ve rounded up four simple pricing strategies to help get you started with your own business.
Learn more

We are here to help

Our specialists will help you find the right product and support you through every step of the purchase.

Enquire now

Or call 13 14 22 to speak to an expert