The Finance Algorithm
Great Southern Bank Business+ logoGreat 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 $250,000
Upfront fee
$595
Monthly fee
$8

How it compares

This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This business loan: 6.79%Every other institution's lowest, 46 in all

Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.

This business loan: 6.79%Every other institution's lowest, 46 in all

Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.

RateThis business loanBest anywhereTypical institutionWhere it sits
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower6.79%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions6th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower6.79%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions6th lowest of 47

Rates

Every rate Great Southern Bank Business+ publishes for this business loan, 7 in all.

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%--

Fees

7 fees published, grouped by when they're charged.

  1. When you take it outUp to $5952 fees, each listed below
  2. While you hold it$8 a monthService Fee
  3. When you close it or pay it offNo fee published

When you take it out2

  • Establishment Fee

    This fee forms part of the total amount financed.

    $595
  • Security Administration Fee

    This fee forms part of the total amount financed.

    $100

While you hold it1

  • Service Fee

    This fee is applied monthly on the account.

    $8 a month

When you make a transaction1

  • Early Repayment Fee

    Flat one-off fee to be applied upon Early Payout of Fixed Rate Loan.

    $50

When particular things happen3

  • Arrears Letter Fee

    Fee is added to the amount owing at the time of issuing the letter, and is due to be repaid with next repayment.

    $22
  • Default Notice Fee

    Payable 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.

    $33
  • Early payout cost

    If 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…

    Varies

Features

Guarantor optionDigital bankingFraud protection

Eligibility and limits

  • Minimum age 18
  • Residency: You must be an Australian tax resident.
  • Available to businesses
  • Amount $10,000 to $250,000
  • Hold a current Australian driver's licence
  • 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.

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.