Access a great low fixed interest rate by using your car to secure your loan
Category: Business Loans Last Updated March 21, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a FIXED product. Additional Information Vehicle must be a Low Emission Vehicle. Repayment Type Principal and Interest.
Interest Rate 5.45% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
, FIXED, 5.45%
Lending Rate Type: Fixed
Interest Rate: 5.45%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Product Features
Digital BankingAdditional Information: You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.
OtherAdditional Information: Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly. Additional Payments welcome.
Product Eligibility
BusinessAdditional Information: Includes Family/Unit/Hybrid Trusts
Min Age - 18. Additional Information: 18+ years
Natural PersonAdditional Information: Natural Person or In trust for a Natural Person or Non-Individual entity
OtherAdditional Information: Available to customers carrying on an enterprise or activities done in the form of a business.
OtherAdditional Information: Applications for loans are subject to the Bank's lending criteria.
Residency Status - Au. Additional Information: Business must be registered in Australia
Bank Fees and Charges
Establishment Fee (Upfront), Amount: 495.00.
Limitations & Restrictions (Constraints)
Min Limit of 1000.00 Additional Information: Minimum Borrowing amount