RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Home Loan Variable: 5.88% (6.07%*) • Home Loan Fixed: 5.49% (6.26%*) • Fixed: 5.49% (6.26%*) • Variable: 5.88% (6.07%*) • Investment IO: 5.79% (6.41%*) • Investment PI: 5.69% (6.48%*)

  BUSINESS LOAN VEHICLE

Loan to buy new or demo business vehicle up to 4.5 tonne GVM, $20-150K with vehicle taken as security over the loan.
Category: Business Loans  Last Updated October 29, 2024  Effective November 1, 2024

 General Lending Rates

Rates listed below are for a FIXED P&I product. Additional Information Rate fixed for the term of the loan
Interest Rate
7.35% 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 Features

  • Digital Banking Additional Information: SCCU NetBanking
  • Npp Enabled
  • Other Additional Information: Terms from 1yrs to 5years available
  • Other Additional Information: extra repayments allowed

 Product Eligibility

  • Residency Status Additional Information: Registered Australian Business
  • Other Additional Information: Capacity to repay the loan
  • Other Additional Information: For Purchase of new vehicle registered in business name
  • Business Additional Information: sole trader, company or partnership

 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
  • Loan Variation (Event), Amount: 150.00. Additional Information: When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term.
  • Business Loan Establishment Fee (Upfront), Amount: 375.00.
  • Business Loan Security Variation (Event), Amount: 150.00. Additional Information: chargeable per security
  • Business Loan Trust (Event), Amount: 132.00.
  • Business Monthly Fee (Periodic), Amount: 8.00.
  • Security Guarantee Fee (Event), Amount: 200.00. Additional Information: If you require or elect to have a guarantor for your loan, this fee is charged to cover the additional administration costs. This fee is charged per guarantor.

 Limitations & Restrictions (Constraints)

  • Min Limit of 20000.00
  • Max Limit of 150000.00

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Download our 40-page First Home Buyer Guide. The book includes a large amount of information that will guide you during the buying process, and it provides you with information on your various finance options. 
FHB Guide Book
  Timezone: 1 · [ CHANGE ]

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