The Finance Algorithm
Pepper Money logoPepper Money

Secured commercial loan

Our Secured Commercial Loan provides you with the ability to buy a range of acceptable assets such as vehicles, equipment, yellow goods, or machinery to support your business. The asset is the security for the loan. You will have fixed monthly repayments and agreed loan terms.

Business loansRates on applicationLender updated 2 Sept 2026

At a glance

Pricing
Rates on application
Loan size
$5,000 to $300,000
Upfront fee
$499
Monthly fee
$8.90

Fees

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

  1. When you take it outUp to $6004 fees, each listed below
  2. While you hold it$8.90 a monthAccount Keeping Fee (monthly)
  3. When you close it or pay it off$20Account Closing Fee

When you take it out4

  • Establishment Fee (Private Sale)

    The establishment fee includes the cost of processing the application and the preparation of loan documents.

    $600
  • Establishment Fee

    The establishment fee includes the cost of processing the application and the preparation of loan documentation.

    $499
  • PPSR Registration Fee

    Payable when Pepper Money’s security interest is registered on the Australian Government’s Personal Property Securities Register over the asset provided as security for the loan.

    $6
  • PPSR Search Fee

    Payable when Pepper Money searches the Australian Government’s Personal Property Securities Register in relation to the asset provided as security for the loan.

    $2

While you hold it1

  • Account Keeping Fee (monthly)

    Monthly fee to cover the ongoing costs of managing the loan.

    $8.90 a month

When you make a transaction2

  • Payment Handling Fee

    Payable when any payment is made by BPAY or EFT.

    $1.50
  • Payment Handling Fee

    Payable when any payment is made by direct deposit.

    $2.50

If a payment is late or fails2

  • Dishonour Fee

    May be payable each time the payment instruction is dishonoured.

    $5
  • Late Payment Fee

    Payable each time the repayment is not made within five days of the repayment due date.

    $35 5 days after it's due

When particular things happen2

  • Asset Inspection Fee

    Payable when we require an asset inspection.

    Varies
  • Variation Fee

    Payable when a variation to the agreement is requested.

    Varies

When you close it or pay it off1

  • Account Closing Fee

    Payable when the loan is paid out.

    $20

Features

Extra repaymentsDigital banking
  • Available for purchase as new, demo, or used assets, with a maximum asset age of 20 years at the end of the term.
  • Term: 1 to 7 years
  • Interest rate is fixed for the life of the loan so you know what your repayments will be. The loan will not benefit from interest rate decreases.
  • Purchase or refinance through a dealer or private seller (where applicable): Motor vehicles, Electric vehicles, Trailers, Motorcycles, All terrain vehicles, Caravans, Rigid trucks, Yellow goods, Eart…
  • Balloon payments available (loan term will be capped at 5 years). For applicants who want to make smaller regular repayments over the loan term and make a larger final repayment at the end of the loa…

Eligibility and limits

  • Minimum age 18
  • Available to businesses
  • Amount $5,000 to $300,000
  • Purpose of the loan. Loan is available to sole traders, partnerships, public and proprietary limited entities, Associations and Trusts for business purposes. Must hold an ABN and GST registration may…
  • Meet Pepper Money’s credit assessment and eligibility criteria including having an acceptable credit rating.
  • If a loan application is approved, the interest rate offered and fees and charges will depend on Pepper Money’s assessment of several factors at the time of application including the applicant’s cred…
  • Payments must be made from an Australian bank account.
  • Loan must be secured by an asset acceptable to Pepper Money.
  • Loan is not available to individuals for personal use.

Published by Pepper Money under the Consumer Data Right, last changed by them on 2 Sept 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.