Our Business Vehicle Loans are designed to help business customers access a new car, ute or other vehicle for use within the business.
Category: Business Loans Last Updated October 31, 2023 Effective May 3, 2024
General Lending Rates
Rates listed below are for a FIXED P&I product. Additional Information
Interest Rate 6.35% PA
Comparison Rate 9.30%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 Features
Digital BankingAdditional Information: SCCU NetBanking
Product Eligibility
Employment Status - Y. Additional Information: Must be employed
Residency Status - Y. Additional Information: Must be an Australian resident
Bank Fees and Charges
Direct Debit Dishonour (Event), Amount: 15.00. Additional Information: Charged if your direct debit payment is dishonoured due to insufficient funds
Business Loan Establishment Fee (Upfront), Amount: 375.00.
Security Variation (Event), Amount: 50.00. Additional Information: When a variation is made to the security used for an existing loan agreement; eg substitution of security
Legal Fee Trust Deed (Event), Amount: 132.00. Additional Information: A trust deed is reviewed if a trust entity is the borrower or guarantor of the loan
Mthly Loan Fee (Periodic), Amount: 8.00. Additional Information: Flat Monthly fee of $8 for personal or vehicle loans effective from 11.10.21
