The Finance Algorithm
Great Southern Bank Business+

Business+ Vehicle Loan

Keep your business moving with a Business+ Vehicle Loan. A Business+ Vehicle Loan can be used to buy a new and second-hand vehicles up to five years old.

Business loansBank updated 28 Apr 2026
At a glance
Fixed
6.79%
Loan size
$10,000 to $7
Upfront fee
$695
Monthly fee
$8
§ 01 — Rates · 7
TypeApplies toTermBandRateComparisonConditions
FixedCustomer margin may apply.P&I1 yr fixed$10,000–$250,0006.99%
FixedCustomer margin may apply.P&I2 yrs fixed$10,000–$250,0006.99%
FixedCustomer margin may apply.P&I3 yrs fixed$10,000–$250,0006.79%
FixedCustomer margin may apply.P&I4 yrs fixed$10,000–$250,0006.79%
FixedCustomer margin may apply.P&I5 yrs fixed$10,000–$250,0006.79%
FixedCustomer margin may apply.P&I6 yrs fixed$10,000–$250,0006.79%
FixedCustomer margin may apply.P&I7 yrs fixed$10,000–$250,0006.79%
§ 02 — Fees · 7
FeeTypeAmountWhenNotes
Arrears Letter FeeEvent$22Fee is added to the amount owing at the time of issuing the letter, and is due to be repaid with next repayment.
Default Notice FeeEvent$33Payable if your loan is in arrears by 60 days and we or our agent send you (and your guarantor) a letter in relation to the default.
Early Repayment FeePayment$50Flat one-off fee to be applied upon Early Payout of Fixed Rate Loan.
Service FeePeriodic$8Every 1 moThis fee is applied monthly on the account.
Establishment FeeUpfront$595This fee forms part of the total amount financed.
Security Administration FeeUpfront$100This fee forms part of the total amount financed.
Early payout costVariationVariesIf the loan is repaid (in whole or in part), varied or terminated before the end of the fixed rate period, GSB may incur costs under our finance arrangements and were likely to pass on these costs as…
§ 03 — Features
Guarantor optionDigital bankingFraud protection
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: You must be an Australian tax resident.
  • · Available to businesses
  • · Amount $10,000 to $7
  • · You must have an Australian mobile number and a valid email address.
  • · To open an account, you must have an Australian Address.
  • · To open an account, you must meet our ID verification requirements.
  • · Hold a current Australian driver's licence

Published by Great Southern Bank Business+ under the Consumer Data Right, last changed by them on 28 Apr 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.